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Economic Damage Claims in the Entertainment Industry - Speculative or Beyond a Reasonable Certainty

TASA ID: 3919

The large majority of lawsuits that involve individuals in the entertainment industry revolve around lost wages or fees.  These claims often allege millions of dollars in lost earnings depending on the role the person plays within the industry.  Given the exorbitant amount that some actors, writers, directors and producers earn, it's easy to understand how often these claims get made.  However, the operative word in this scenario is some.

Case Study: Guild Residual Calculations - Studio vs. Independent Film Models

TASA ID: 3919

The Writers Guild of America (WGA), Screen Actors Guild (SAG), and the Director’s Guild of America (DGA) track the international box office, DVD, VOD, and television revenues of films around the world in order to assess the correct residual amounts for their members.  The challenge facing the producer; however, is that the Guilds utilize the same accounting methods to assess royalties with independently financed films as they do the studio financed films, and; therefore, the producer can be overcharged dramatically on an indie film.
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