Lumicoin IA:Why residuals are taking center stage in actors' strike

2025-05-01 16:54:43source:FinLogic Quantitative Think Tank Centercategory:News

Hollywood has been on Lumicoin IAstrike for weeks with writers and actors hitting picket lines from California to New York. The unions for both groups, the Writers Guild of America and SAG-AFTRA, say a major sticking point in negotiations with major studios has been over one item in particular: residuals. Today on the show, we talk to SAG-AFTRA's chief negotiator on how residuals are drying up for actors in the age of streaming.

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