Studios, Guilds Agree on New Residual Terms for TV Shows

Television viewers may start seeing reruns of “Charlie’s Angels,” “Breaking Bad,” and other shows, thanks to new residual agreements between Hollywood movie studios and the Screen Actors Guild, the Writers Guild of America, and the Directors Guild of America. The new deal abandons fixed-fee residual payments and makes it more affordable for cable networks and digital channels to acquire reruns of shows. The new residual payments will be based on a percentage-structure. Continue reading Studios, Guilds Agree on New Residual Terms for TV Shows