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The actors strike is over, with the union representing performers last weekapproving a tentative agreement with Hollywood studios. Leaders of the Screen Actors Guild - American Federation of Television and Radio Artists SAG-AFTRA characterized the deal as a big win, with the contract achieving significant breakthroughs on actors pay and putting guardrails on the industry s use of generative AI.Here s a rundown of what actors will get under the new contract, which SAG-AFTRA members must still ratify. 1. Minimum compensation increasesPerformers wi
stanley cup ll earn a 7% wage increase effective immediately. That initial pay hike will be followed by a 4% increase on July 1, 2024, and a 3.5% increase on July 1, 2025. Background actors, stand-ins and photo doubles will immediately earn an 11% wage increase, followed by the same 4% and 3.5% hikes as general performer
stanley cup s in 2024 and 2025.2. Streaming bonusesThe new contract calls for actors to earn a success payment, along with the usual residual payments, if they work on streaming projects that attract a significant numbe
stanley cup r of viewers. The success metric is determined by the following formula: The total number of domestic streaming hours over the first 90 exhibition days is divided by the total runtime of the movie or a television series episodes to determine domestic views. The success metric is calculated by dividing the domestic views by the total number of domestic subscribers. If the Moou Officials pick up possible ISIS threat to U.S. military, police
A sex scandal with MeToo implications is shaking up Korea s $5 billio
adidas campus n K-pop music industry.Entertainment companies invest up to $100,000 in training and housing children as young as 11 in conditions akin to indentured servitude.Shares in YG
adidas samba Entertainment, which manages a K-pop star at the center of the scandal, are down 27 percent.K-pop is one of South Korea s most recognizable exports, along with Samsung phones and Hyundai autos. Its brightest stars, like Big Bang, Psy, BTS and Twice, are adored by fans who even consider it a sign of affection to
jordan invest in the publicly traded entertainment companies that manage their favorite stars. It s a $5 billion industry that helps propel local tourism and sales of consumer goods like the elaborate skincare and makeup regimens in K-beauty. Those who succeed in the cutthroat K-pop industry enjoy immense financial and cultural privilege. Those who don t can spend years training or working in exploitative conditions that can be akin to indentured servitude, according to music industry veterans and experts who study contemporary Korean society. Aspiring K-pop stars often leave family homes to start training at ages as young as 11 and debut as minors, according to Euny Hong, author of The Birth of Korean Cool. Entertainment companies can invest up to $100,000 on a trainee who can spend years working to repay the investment, as can be regularly seen on Korean reality-television series like Treasure Box. Trainees can work for management
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