Fairness Rocks News Ken Ziffren: How Talent Deals Are Evolving as Studios Become Streamers (Guest Column)


Fairness Rocks News Ken Ziffren: How Talent Deals Are Evolving as Studios Become Streamers (Guest Column)

Home Industry News Ken Ziffren: How Talent Deals Are Evolving as Studios Become Streamers (Guest Column)

Author: Ken Ziffren

Date: February 6, 2020

Original Source: Hollywood Reporter

Industry News

Ken Ziffren: How Talent Deals Are Evolving as Studios Become Streamers (Guest Column)

Profit participation in the TV industry was born in the 1960s, when studios and independent production companies dominated prime time at the three networks. The definition of “profits” for creative talent working on scripted series has since evolved. In those early days, the production company owner of a show would simply charge large distribution fees (typically 30 percent to 40 percent) and overhead fees (15 percent to 20 percent), which prevented stars, creators and virtually all potential profit participants from reaching defined profitability.

Read more: https://www.hollywoodreporter.com/news/ken-ziffren-how-talent-deals-are-evolving-as-studios-become-streamers-guest-column-1274871