With streaming residuals from the latest AMPTP agreement now taking effect, here’s what you need to know about when and how payments will be issued for qualifying High-Budget SVOD/“Streaming” programs:

• Payment invoicing dates depend on each individual program or series (this is not a “set time per year” residual as with the Film Musicians Secondary Markets Fund)
• The invoicing process begins for a one-time High-Budget SVOD Program or Season (if a series) immediately after that program or last episode of the season has been airing on a streaming platform for 26 consecutive weeks following this initial “free-exhibition window”
• Payments may not be handled consistently over different projects depending on each producer’s election — you might get a check or a direct deposit for one project sent directly by production, or a check for a different project distributed by the AFM
• S Corp. information is listed along with participating musician information on the invoices so, where applicable, the producer can pay the S Corp. on behalf of the musician
• For more information on how residual payments are calculated, refer to this helpful AFM SVOD Residual Handbook

To verify which of your projects may generate these residuals and when payment can be expected, review or update your information on file, or if you have any other questions, please refer to the handbook or contact Local 47 Motion Picture/TV Film Business Rep. Xochitl Rodriguez: xochitl.rodriguez@afm47.org, 323.678.2795