Entrepreneurship

Multi-storey grey office building with a red Live Nation sign on its glass facade, beside a street in Beverly Hills.
Live Nation amends Michael Rapino’s deal through 2031 with about $60 million target pay

Live Nation’s amended agreement with CEO Michael Rapino runs through 2031 and sets a target package of about $60 million, 70 percent of it performance-based.

Coworking office space with workers at desks and colorful wall art
Why Actors’ Producer Fees Stay Off the Payroll Other Cast Members See

Actors with producer credits can earn extra money as producers rather than as actors, so that other actors don’t feel they should get more.

Netflix headquarters office building with Mediterranean-style architecture in Los Gatos
Why Subscriber Counts Now Determine Streaming Residuals Under SAG-AFTRA

The 2023 SAG-AFTRA contract introduced a subscriber-based residuals system for streaming platforms. Here’s how actors’ payments are determined.

Television production set with crew members and equipment along a waterfront with city buildings
Why the WGA’s Packaging-Fee Ban Capped Agency Stakes in Production at 20%

The 2019 Writers Guild ban on packaging fees forced talent agencies to restructure how they invest in film and television production.

Paramount Pictures Melrose Gate entrance in Hollywood, Los Angeles
How Range Media’s Box Office Hits Led to a Paramount First-Look Deal

A management company’s shift to production mirrors how talent-founded firms now compete with traditional studios.

CAA building in Century City, California
How CAA and TPG Are Building a $250 Million Holding Company for Creator Businesses

A $250 million holding company signals how institutional capital is structuring creator-led media companies and reshaping creator financing options.

Empty sound stage interior with professional lighting rigs
How overall and output deals fund production companies, and why terms fell since 2021

Overall deals provide exclusive partnerships and guaranteed funding. Output deals commit to distributing all a producer’s work.

Studio lot production set with period architecture and costumed figures
What a first-look deal gives a studio, and what it gives up

A production company grants a studio first refusal on new projects in exchange for development funding and overhead.

A CBP officer and K-9 inspect a vehicle arriving at a U.S.-Mexico border port of entry
How Washington Ended Duty-Free Shipping for Small Packages

An $800 exemption that let small parcels skip customs survived a Supreme Court tariff ruling but not a year-and-a-half campaign by the executive branch, Congress and the courts.