These kind of films should really be run like a startup, people get wages for doing the work and also get equity of it takes off. But it’s rigged so the investors get all the gains, while the workers really get paid a tiny amount
People come at this one case as if success was a foregone conclusion. This level of financial success was absolutely not a sure thing for a movie made by 2 YouTubers, even if it was good. Plenty of people would negotiate away their equity stake for an increased wage (which would be a good choice in many cases), and some of them would then complain afterwards if it succeeded. Plenty of movies flop. As a person whose work cannot guarantee it even primarily influence success or failure, it makes no sense to trade guaranteed wages for equity in most cases.
It’s the same situation in startups, but usually people get a wage and equity, because you don’t generally have much of an option to boost the wage much instead. The project would much rather trade risky equity than have to dig up more cash for higher wages
Yes, excessively complex contracts that large overpowered corporations get vulnerable people to sign. The massive imbalance in power and knowledge mean that it is rigged and the investors definitely took advantage of this.
If they did that then there might be more people like George Lucas. You think movies will let a director have a percentage of toy sales after they made that mistake with him? Nah that’s more money for them.
These kind of films should really be run like a startup, people get wages for doing the work and also get equity of it takes off. But it’s rigged so the investors get all the gains, while the workers really get paid a tiny amount
People come at this one case as if success was a foregone conclusion. This level of financial success was absolutely not a sure thing for a movie made by 2 YouTubers, even if it was good. Plenty of people would negotiate away their equity stake for an increased wage (which would be a good choice in many cases), and some of them would then complain afterwards if it succeeded. Plenty of movies flop. As a person whose work cannot guarantee it even primarily influence success or failure, it makes no sense to trade guaranteed wages for equity in most cases.
It’s the same situation in startups, but usually people get a wage and equity, because you don’t generally have much of an option to boost the wage much instead. The project would much rather trade risky equity than have to dig up more cash for higher wages
That “rig” is called a contract lol
Yes, excessively complex contracts that large overpowered corporations get vulnerable people to sign. The massive imbalance in power and knowledge mean that it is rigged and the investors definitely took advantage of this.
Why does every job have to be a lifelong commitment? According to you, they should get rid of all contract jobs and nothing should be a one-off deal?
If they did that then there might be more people like George Lucas. You think movies will let a director have a percentage of toy sales after they made that mistake with him? Nah that’s more money for them.
Or obi wan, getting what 1? 2? % of gross man made serious bank.