Katie Stevens ‘Doesn’t See Any Money’ for ‘The Bold Type’ Streaming Residuals, But ‘Pennies’ for Rentals

usmagazine.com:

Jane Sloan always stood up for her beliefs on The Bold Type — and so is actress Katie Stevens during the ongoing SAG-AFTRA strike.“I get it: You see us on TV and think we’re getting paid millions and millions of dollars, that’s not true,” Stevens, 30, quipped during a Monday, July 31, appearance on the “Hold My Hair?” podcast. “The way that it used to be was when your shows aired on television, you got residuals and when they had reruns, you got residuals from that.

You got paid every time somebody watched it.”Stevens, who played journalist Jane on Freeform’s The Bold Type between 2017 and 2022, noted that her show currently airs on a variety of domestic and international streaming platforms. “I don’t see any money from it,” she added without mentioning the show’s name directly in accordance with SAG strike rules. “None!”Stevens — who previously starred on MTV’s Faking It for three seasons before landing her five-year role on The Bold Type — explained that she only gets a paycheck if a viewer rents or purchases an episode of the show.“It’s still pennies!

Like, there’s a bar in L.A. called ‘Residuals,’ where if you bring in a check that’s under $1, you get a free shot. I would die there because the amount of checks that I get that are for, like 21 cents or 18 cents,” she told host Courtney Michelle Dlugos, noting she could get a lot of complimentary beverages at the establishment. “It’s not fair that these companies are making billions of dollars and they’re caring more about the investors that they’re in the pockets of and paying those people and not compensating the people that are doing the art form and creating the stories.”Due to the onslaught of streaming platforms and outdated residual guidelines, unionized