Terminology Tuesday: Favored Nations

Before we get into today’s #terminologytuesday, we can’t reiterate enough how important it is for actors to take an active role in understanding and shaping your deals. ⁠ ⁠ 𝙄𝙣 𝙤𝙧𝙙𝙚𝙧 𝙩𝙤 𝙝𝙖𝙫𝙚 𝙘𝙤𝙣𝙩𝙧𝙤𝙡 𝙞𝙣 𝙮𝙤𝙪𝙧 𝙘𝙖𝙧𝙚𝙚𝙧, 𝙮𝙤𝙪 𝙢𝙪𝙨𝙩 𝙝𝙖𝙫𝙚 𝙖 𝙬𝙤𝙧𝙠𝙞𝙣𝙜 𝙠𝙣𝙤𝙬𝙡𝙚𝙙𝙜𝙚 𝙤𝙛 𝙩𝙝𝙚 𝙛𝙪𝙣𝙙𝙖𝙢𝙚𝙣𝙩𝙖𝙡 𝙘𝙤𝙣𝙘𝙚𝙥𝙩𝙨 𝙤𝙛 𝙩𝙝𝙚𝙨𝙚 𝙙𝙚𝙖𝙡𝙨.⁠ ⁠ Today, we’ll break down an important and frequently used term: 𝘧𝘢𝘷𝘰𝘳𝘦𝘥 𝘯𝘢𝘵𝘪𝘰𝘯𝘴. ⁠ ⁠ Most favored nations (or most commonly known as just ‘MFN’) means that you are getting …

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Monday Myth Debunkers: Everything is Virtual, So You Can Live Anywhere.

With 2021 looking like it’s mostly going to stick to virtual casting, this is a sentiment we’ve been hearing a lot. ⁠ ⁠ “𝕀 𝕥𝕙𝕚𝕟𝕜 𝕀’𝕝𝕝 𝕛𝕦𝕤𝕥 𝕞𝕠𝕧𝕖 𝕥𝕠 ___ 𝕤𝕚𝕟𝕔𝕖 𝕖𝕧𝕖𝕣𝕪𝕥𝕙𝕚𝕟𝕘 𝕚𝕤 𝕠𝕟 𝕥𝕒𝕡𝕖 𝕒𝕟𝕪𝕨𝕒𝕪.”⁠ ⁠ Does it really matter, in these times, where you live?⁠ ⁠ Well, 𝘬𝘪𝘯𝘥𝘢. ⁠ ⁠ Here’s the scoop.⁠ ⁠ While self taping/virtual casting IS going to be around for a while longer, your location is still important information. ⁠ ⁠ Consider a few …

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Terminology Tuesday: Above the Line

If you’ve ever spent time behind the camera, you may have heard the terms “above the line” and “below the line” thrown around. ⁠ ⁠ Above the line or “ATL” denotes the roles on a film crew which provide guidance or leadership on the creative side. Likewise, below the line represents the more technical roles.⁠ ⁠ Why divide above and below the line?⁠ ⁠ The term itself comes directly from budgeting. Production budget sheets are divided into two sections by …

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Terminology Tuesday: Entertainment Lawyer

What exactly is an entertainment lawyer and… do you need one?⁠ ⁠ Double-tap if you’ve ever looked over a deal memo or contract, only to think to yourself: 𝘴𝘩𝘰𝘶𝘭𝘥 𝘐 𝘩𝘢𝘷𝘦 𝘢 𝘭𝘢𝘸𝘺𝘦𝘳 𝘭𝘰𝘰𝘬 𝘢𝘵 𝘵𝘩𝘪𝘴 𝘣𝘦𝘧𝘰𝘳𝘦 𝘐 𝘴𝘪𝘨𝘯?⁠ ⁠ Good thought. Complex answer. ⁠ ⁠ An entertainment lawyer is — just that. A lawyer who specializes in deals pertaining to the entertainment industry. They are negotiating, detail-minded, fine-print-pros. ⁠ ⁠ But first, let’s not forget: your agent is perfectly …

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Terminology Tuesday: All Shows Produced

Double-tap if you’ve got an ASP series regular on your actor to-do list ✔️⁠ ⁠ An all shows produced series regular (otherwise known as ASP) means an actor will get paid their episodic fee for each episode in the season, regardless of whether they appear in it or not. ⁠ ⁠ Having a deal be ASP has great financial benefits but there are other obligations to consider. ⁠ ⁠ Many ASP deals also include exclusivity. Most series regulars cannot be …

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Monday Myth Debunkers: Always Expect Feedback

  We thought this might be a good myth to debunk…⁠ ⁠ You know what’s hard?⁠ ⁠ Making sacrifices for your dream, working really hard at it and not getting the external validation you crave. ⁠ ⁠ We get it. ⁠ ⁠ We really, truly do. ⁠ ⁠ Because (as we hope you’ve gathered by now), we’re human too. Just like you!⁠ ⁠ We like external validation too!⁠ ⁠ *c𝘰𝘶𝘨𝘩* Oscar *𝘤𝘰𝘶𝘨𝘩*⁠ ⁠ But it’s important to start moving about …

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