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Compensation terms for a newfangled world

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The Hollywood Reporter‘s Carl DiOrio provides a close look at a couple examples of how compensation terms and residuals are being structured for web-streamed projects:

Hollywood Reporter: Guild lather up Web residuals

WGA senior executive Jane Nefeldt described the terms as being a modified form of the guild’s basic-cable residual terms. Although those terms are more lucrative than the home video formula applied to some previous new-media projects, it has been crafted in a whole new way for the soap webisodes and grants residuals only in four-week intervals dependent on how long the series is streamed.

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