What does Theatrical Agreement mean?
Theatrical Agreement is the SAG-AFTRA contract used for feature-length films intended for theatrical release. It ensures fair compensation, working conditions, and residuals for actors. This agreement applies to both major studio productions and independent films that secure a theatrical release. Actors are covered for their initial work and receive residuals when the film is shown in different markets, such as cable or streaming platforms after its theatrical run.
Key Points of the Theatrical Agreement:
- Residuals: Actors continue to earn compensation when the film is distributed beyond its initial theatrical release, such as through TV, streaming, or DVD sales.
- Minimum Pay: The agreement sets minimum pay rates for all actors, from leads to supporting and background actors.
- Safety and Working Conditions: This agreement includes strict guidelines to protect actors’ health and safety on set.
Negotiation Tips:
- Residuals Structure: Depending on the expected success of the film, actors can negotiate for higher residuals based on box office performance or additional distribution channels like streaming.
- Bonus Pay: For projects with potential franchise opportunities, actors can negotiate bonuses for sequels or merchandise tie-ins, especially if the role becomes iconic.
- Travel and Accommodations: If the film requires travel to various locations, actors can negotiate for premium accommodations, per diem increases, or additional travel compensation.
Example:A lead actor in a major blockbuster movie earned residuals for years as the film was distributed on streaming platforms and network TV.
Example: Independent filmmakers used the Theatrical Agreement to hire SAG-AFTRA actors for their film, which later secured a limited theatrical release, qualifying the actors for residual payments.
Did You Know?
Residual payments under the Theatrical Agreement can last for decades, meaning that actors continue to earn income long after the film’s original release!
Learn More:
Example:A lead actor in a major blockbuster movie earned residuals for years as the film was distributed on streaming platforms and network TV.
Example: Independent filmmakers used the Theatrical Agreement to hire SAG-AFTRA actors for their film, which later secured a limited theatrical release, qualifying the actors for residual payments.
Did You Know?
Residual payments under the Theatrical Agreement can last for decades, meaning that actors continue to earn income long after the film’s original release!
For more detailed information, visit the official SAG-AFTRA Theatrical Agreement page.
