Best Practices – Is TV Talent Costing You Too Much?
Elizabeth Decker and Bill DugganANA
This article is part two of a two-part series on managing television talent payments best practices.
AN INFORMED THIRD PARTY
There are many clients who negotiate their own deals with celebrities. However, consider using an experienced third-party celebrity negotiator (e.g., legal counsel) who specializes in contracts and negotiations and under stands the SAG/AFTRA contract, residual obligations, and pension and health obligations. Analyze fees paid to third-party negotiators and determine whether a fixed fee, percentage, or other alternative is best. Be aware that...