ENCINO, Calif., July 11 — In an unusually blunt session here today, several of Hollywood’s highest-ranking executives called for the end of the entertainment industry’s decades-old system of paying what are called residuals to writers, actors and directors for the re-use of movie and television programs after their initial showings.There are major negotiations coming up between Hollywood producers and the WGA and SAG, which represent writers and actors respectively. This may simply be a negotiating tactic, but there's the chance of major strikes next year as the guilds are interested in extending residuals into the new forms of media such as cell phones and the web and producers will resist it.
If the producers get their way, creatives will benefit financially just once from their work while the conglomerates continue to collect profits for 100 years (the current length of corporate copyright) on exactly the same work.
(Animation artists do not qualify for individual residuals, though the members of The Animation Guild benefit from residual payments made to the union. Non-union animation artists are essentially in the position that the producers want to impose on writers, directors and actors.)
The case for owning your own work (or as much of it as possible) keeps getting stronger.