In our opinion, managers have a smaller client list compared to agents, provide advice/counsel with a more hands-on approach, and pitch their unsigned clients to reputable talent agents. Additionally, managers groom and develop fresh talent, while most agents are not willing to take on inexperienced talent. Managers are also more patient in terms of a timeline for the client to start working in the industry. We believe managers analyze ways to strategize and brand a client in a specific manner. A manager’s network of contacts within the entertainment industry is also very valuable to a client’s success. One very important aspect of the business relationship that is similar to both agencies and management companies is that they work on commission only based on their client's gross earnings, and never charge upfront fees.
SAG-AFTRA represents approximately 160,000 actors, announcers, broadcast journalists, dancers, DJs, news writers, news editors, program hosts, puppeteers, recording artists, singers, stunt performers, voiceover artists and other media professionals.
Actors' Equity Association (“Equity"), founded in 1913, is the U.S. labor union that represents more than 51,000 professional Actors and Stage Managers. Equity fosters the art of live theatre as an essential component of society and advances the careers of its members by negotiating wages, improving working conditions and providing a wide range of benefits, including health and pension plans.
At present, Coogan Accounts (a.k.a Blocked Trust Accounts and Trust Accounts) are required by the State of California, New York, Louisiana and New Mexico. In most instances, you will have to supply proof of a trust account prior to receiving a work permit. 15% of the minor’s gross wages are required to be withheld by the employer and deposited into the Coogan account within 15 days of employment. The parent must supply the Coogan account number to the employer.
The California High School Proficiency Examination (CHSPE) is a testing program established by California law (Education Code Section 48412). If eligible to take the test, you can earn the legal equivalent of a high school diploma by passing the CHSPE. The CHSPE consists of two sections: an English Language Arts section and a Mathematics section. If you pass both sections of the CHSPE, the California State Board of Education will award you a Certificate of Proficiency, which by state law is equivalent to a high school diploma (although not equivalent to completing all coursework required for regular graduation from high school).
A P.R.O. helps songwriters and publishers get paid for the usage of their music by collecting one of the most important forms of publishing revenue: performance royalties. As a songwriter, composer, or lyricist, you’re owed what is called a “performance royalty” any time your music is played on radio stations (terrestrial, satellite, and internet), used on TV shows or commercials, or performed in live venues. Those performance royalties are paid by radio stations, venues, and TV networks to Performing Rights Organizations like ASCAP, BMI, SESAC, and SOCAN (in Canada) who then distribute the money to their affiliated songwriters and publishers.
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