Academy Awards (Oscars)
The Academy Awards, also known as the Oscars, are the most prestigious film awards in the world, honoring excellence in filmmaking across various categories.
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Administrative and Financial
The Essential Showbiz Dictionary™
Welcome to The Essential Showbiz Dictionary™. In this page, you’ll find essential terms that explain the administrative and financial aspects of the entertainment industry. For instance, you might encounter the term “back-end deal” meaning—a type of compensation where the talent receives a percentage of the profits after the project breaks even. Understanding these terms is crucial for navigating contracts, managing payments, and budgeting for projects.
Whether you’re handling your child’s career finances or managing your own, familiarizing yourself with these key terms will help you make informed decisions and protect your interests in the industry. This section breaks down complex financial and administrative terminology into simple, clear definitions that anyone can understand. As the industry evolves, we continuously update our list of administrative and financial terms, so check back often to stay informed.
The Academy Awards, also known as the Oscars, are the most prestigious film awards in the world, honoring excellence in filmmaking across various categories.
Actors’ Equity represents stage actors and managers, ensuring fair wages, safe conditions, and health and pension benefits in live theater.
ACTRA represents Canadian performers in film, TV, and radio, providing fair pay, health benefits, and residuals for Canadian content creators.
Allowances and adjustments are additional payments or compensations made for work conditions, such as travel, meals, overtime, or wardrobe.
The American Federation of Musicians (AFM) represents professional musicians, ensuring fair wages, benefits, and intellectual property protections for their work.
AFTRA (American Federation of Television and Radio Artists) was a union that represented actors, broadcasters, and recording artists in TV, radio, and media.
AGMA represents performers in opera, ballet, and classical music, ensuring fair pay, safe working conditions, and health benefits.
AGVA represents live variety performers, including magicians, dancers, and theme park entertainers, ensuring fair wages and health benefits.
Bridge financing is a short-term loan used to cover immediate costs in film or TV production until longer-term financing from investors or distributors is secured.
Broadcast Music, Inc. (BMI) collects royalties for songwriters, composers, and publishers when their music is played publicly, ensuring fair compensation.
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