Photo by xctmx via Flickr
State Senator Sheila Kuehl is at it again, but this time it's not about speed cameras in Beverly Hills, it's about writers and other artists getting their fair share of residuals. In a press release from the Writers Guild of America, they explain the problem of underselling television series and movies and what SB1765, the "Fair Market Value Bill," aims to do:
Since the major media networks in the United States have come to own many cable channels, the practice of selling TV series or movies for less than the fair market value of the content has become more and more prevalent. In many cases, the product is sold or licensed from one entity to another entity within the same parent company. This creates a problem for actors, writers, and performers who rely on the amount of a sale of material for their residuals – payments made to the creators or performers of a work for showings or screenings after an initial use.
Kuehl, who represents parts of Los Angeles and Ventura County is a SAG member herself. "Many of my constituents work within the entertainment industry, and I have recently heard more and more about the growing practice of selling entertainment content, such as television series or films, for less than their fair market value. This practice has a deeply detrimental effect on the amount of compensation for creative talent like writers and actors. But the damage goes further because so-called below-the-line staff, like the Teamsters, rely on the proceeds from such a sale of content to fund their health and pension plans. This bill simply ensures that workers in the entertainment industry have the protection they need."This is not the first time Kuehl has submitted senate bills supporting factions of the entertainment industry. Last year, she submitted SB 771, which would extend provisions provided in the Astaire Law that protects publicity rights for deceased celebrities.
