Part 9/11:
It's notable that major studios like Warner Bros. and Disney have reported hundreds of millions in losses on their recent movies. Specifically, Warner Bros. is reportedly in a $300–$500 million hole due to the ongoing writers' strike and poor box office performance. Yet, the overall financial struggles raise questions: are residuals and royalty disputes the real issue, or are they symptoms of a broader industry downturn?
The Future of Residuals and Contract Norms
What can be done? Experts suggest that better contracts, legal advice, and proactive negotiations are essential. Some successful artists and content creators have demonstrated that independence—through platforms like YouTube or crowdfunding—can be lucrative, bypassing traditional residuals altogether.