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U.S. actors close to reaching deal on iPod residuals

Members of the Screen Actors Guild (SAG) and the American Federation of Television and Radio Artists (AFTRA) are likely to receive a residual payment of 2 cents every time their performance is downloaded or accessed on a cell phone, computer, or portable video device, according to a New York Post report, citing an unnamed industry source.

The Post report quoted a SAG spokesman, “Unions are seeking or are engaged with producers in serious conversations over what residual formula ought to be applied to new distribution platforms like downloads and mobile phones.”

The Post report said that an agreement between producers and the two unions regarding the new media is likely to be reached “within weeks.”

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Related articles:
Hollywood unions cry foul over Apple iTunes Store ABC TV Shows deals – March 02, 2006
Hollywood unions want slice of Apple’s video pie – October 14, 2005

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