Bollywood Society » Do actors still get paid for old movies?

Do actors still get paid for old movies?

by Ratan Srivastava
old movies

Actors are compensated based on the terms of the contract they signed when recruited for the production. So, do actors get paid for old movies and television shows rebroadcasting? Read below to know the complete details on the same.

Yes, they will get compensated for each re-use of the property, including television airings, streaming, DVD/Blu-Ray sales, international market, and so on, if it is a SAG/AFTRA contract.

A production business makes a movie, a TV show, or even a computer game and then sells the rights to distribute the output to a distribution firm. It may then be sold to other distributors. However, when a property is sold, an ASSUMPTION AGREEMENT is made. The buyer of the property (TV programme, film, etc.) absorbs all expenses and obligations associated with the original SAG/AFTRA contracts.

Actors aren’t the only ones who sign contracts. Grip, sound, stagehand, and other professionals are covered under IATSE contracts. Contracts exist for the Writers Guild, the Producers Guild, the Editors Guild, and so on…. The musicians who may have played on the music included in the property are covered by AFM contracts. The composers who write the music are bound by BMI, ASCAP, and SESAC contracts. Plus, there’s more. This is a normal aspect of the job for the project’s producers. All of these labour unions have contracts that include assumption clauses that require payment for re-use.

Payment rates will vary depending on the market. Streaming distribution, for example, will pay less per stream than a big network TV broadcast. Oversea use will be compensated differently and using various procedures. Physical media (DVD, Blu-Ray) is also charged at a separate rate. Another sort of payment is triggered by syndication. And various unions have varied methods for collecting and distributing funds to project participants.

Popular actors may take advantage of one-of-a-kind contracts that payout in various ways, including large lump sum old movies payments just for showing up, as well as additional “points” (percentage points) for ongoing usage of the property. As a result, a long-running TV show, such as The Simpsons, will continue to pay out original voice actors, musicians, producers, writers, and others who worked on the show decades after it ended.

Also Read: How do actors survive financially?

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