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Netflix Looks to Hire a Financial Analyst for Residuals, After Studio Deals With WGA and SAG-AFTRA Change Equation
Netflix is looking to hire a financial analyst to estimate the cost of residual payments under the studios' new agreements for streaming productions with unions.
Netflix wants to hire a financial analyst whose job will be to estimate the cost of residual payments under the studios’ new agreements for streaming productions with Hollywood unions. In the job listing, posted last week, Netflix said the financial analyst for residuals will be “a key member in our Contingent Compensation & Reporting Department” whose key responsibilities will be “interpreting and analyzing residual impact in accordance with various guilds, unions and production service agreements and execute accordingly.” As Netflix explains, “Residuals are additional compensation paid to talent for the reuse of content beyond the use covered by their initial compensation based on collective bargaining agreements with various guilds/unions, i.e. SAG-AFTRA, DGA and WGA.”
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