In consideration of the recent strike in the film and television industry, between the actors, the people in front of the camera, versus the people at the back, the producers over money earned from residuals / royalties, one must really try to look at it from the overall income and work pies. How much money is earned from residuals like commercial advertisements, viewer subscriptions, pay per view transactions by each Party? How much work or money was done by each Party? Is there a formula of calculations to show the value of work for money?
Keep in mind too that aside from the above Content Parties, the global internet viewing of audio visual content is available on television sets, computer desktops and laptops and smart phones. The Equipment Parties with equipment, like the television companies: RCA, Samsung, Philipps, the usb hdmi devices: Roku, Amazon, Google and Apple, the tv app developers and audio visual hosts, plus the cable companies like ATT and Rogers — all have ‘skin in the game’ meaning investment and risk in the hopes of earning residual income online. Every Party has to equate how much work and money they will get in the pies.
Thus the overall viewpoint should be analyzed when deciding the split sharing of work and money. The audio visual industry with mass communication media equipment for broadcasting plus audio visual content to the public have businesses set up from small to big studios and offices, even old style tv tower stations, mobile camcorder video to bulky tv and movie cameras, talent agencies, social media companies, etcetera. Even video, the small time producer for social media, is now entering television viewing too! The best way to assess the ongoing value of a recording, from its initial cost of production to its ultimate sales and earnings, and the split share can be ongoing, as long as its online and being monetized in various ways.
There are Government and Industry regulators and organizations that help everyone understand the control and ownership of audio visual content and the broadcasting equipment needed to reach the online public viewers. Perhaps the Federal Communications Commission for equipment and Copyright for protected content should also join the discussions. But somehow despite the arguments over workload, risk, and money, this is one of the most exciting industries to be part of because it represents people in reality and fantasy in audio visual recordings. People watch people globally and understanding humanity is sometimes done through videos, television and movies.
Refer to:
Federal Communications Commission | The United States of America (fcc.gov)
Home – Motion Picture Association (motionpictures.org)
Entertainment Industry Associations, Guilds, and Unions | California Film Commission
International Alliance of Theatrical Stage Employees