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American Federation of Musicians, AMPTP Resume Contract Talks Amid Fight Over Streaming Residual Fees: ‘Their Value Cannot Be Denied’
As the AMPTP and American Federation of Musicians resume negotiations today, the sides are at odds over the union's demand for streaming residuals.
When a film or TV show that features AFM musicians makes it to a secondary market — airing on broadcast or cable, released on home video, or even transitioning to a streaming service — that triggers a residual payment to actors, writers, directors and craftspeople, essentially sharing in the profits of a successful project. It’s understood that the issue of hammering out some form of compensation for music recorded for streaming original series and movies is on the table in the contract talks, signaling that the AMPTP is open to movement in this area. “I have cultivated long-standing relationships with remarkable musicians such as [AFM members] Jacob Braun, Tereza Stanislav, Alyssa Park and my wife and artistic collaborator, Serena Göransson,” he said.
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