The formula is kind of complicated.
Summary SCREENRANT VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT One of the biggest complaints from Hollywood writers during the WGA strikes this year was the lack of performance-based pay on streaming content like they've enjoyed for traditional movies and TV for years. Fortunately, the new agreement between writers and studios provides performance-based bonuses for writers, although the structure seems a little more complicated than traditional TV and movie residuals.
Streaming platforms have been claiming massive viewership numbers for their biggest movies and shows for years, but actual data on what those numbers mean have been elusive due to a lack of transparency. Now, studios will be providing a better glimpse of the actual performance data to the WGA and offering performance incentives to writers on their biggest shows.
Why Streaming Residuals Aren't the Same Structure and Traditional TV and Movies Traditional residual bonus pay for movies and TV is a little more straightforward, such as a percentage of box office, but there's a reason streaming is a lot more complicated. With theatrical movies, box office is directly tied to revenue, meaning the more a movie is seen, the more revenue it makes. Viewership is similarly beneficial for traditional TV.
Writers got most of their demands acknowledged in the new agreement, including protections relating to Hollywood studios' use of artificial intelligence in film and TV writing, streaming data transparency, and performance-based bonuses for streaming content.
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