ALL MY CHILDREN, ONE LIFE TO LIVE Crew Members Get Residuals Under IATSE SettlementArmed with evidence that Prospect Park had spent more than $125,000 an episode in some instances, IATSE was able to secure a precedent-shattering deal for its members. The entities reached a settlement which awards crew members a stake in future income, according to an individual with ties to the union.
Under the settlement, the crew will get a 5 percent stake in ancillary profits related to streaming deals, broadcast pacts and other revenue streams, and a slightly smaller percentage of DVD revenue. The payments will be retroactive and will apply to the dozens of episodes already completed.
Oprah Winfrey's OWN Network turns a profit in Q2, six months ahead of schedule
The former talk show host turned cable network owner saw her OWN channel turn a profit in the second quarter – six months ahead of schedule, according to David Zaslav, CEO of Discovery Communications, half-owner of Winfrey’s young enterprise.
The move from red ink to profit was accomplished with additional upfront spending by advertisers and commitments from distribution companies that carry the channel, said Zazlav, who spoke on a morning conference call with Wall Street analysts after reporting a 30 percent rise in revenue and solid gains in profits.
SUPERNATURAL Spin-Off Premise Revealed
The potential offshoot will be set in Chi-town and it seems all is not peaceful there. The project will explore the clashing hunter and monster cultures in the Windy City.