What does Holding Fee mean?
Holding Fee refers to a payment made to actors, models, or other talent to ensure their availability for a project at a future date. Holding fees are common in the commercial, modeling, and television industries, where a talent may be asked to remain available for additional shooting days or reshoots. The fee compensates the talent for keeping their schedule open and not accepting other work during the holding period. If the production proceeds, the talent is usually paid a full rate for their time on set.
Example:A model is paid a holding fee by a clothing brand to ensure their availability for a follow-up photo shoot within the next two weeks.
Example: An actor receives a holding fee to keep their schedule open in case a commercial shoot requires additional filming days.
Did You Know?
Holding fees are especially common in the commercial industry, where reshoots or extended campaigns often require talent to be on standby!
