This is first in my two stories this week on the new state of TV deals.
Today I’m bringing you the latest on Apple Studios’ performance-based pay plans. More than a year ago, I heard that Apple was on a “dog and pony show” talking to agents and lawyers about a new backend model that would be more focused on rewarding success. Last week, I got the scoop on where that exploration landed, and it’s a pretty wild and detailed formula that can result in multi-million-dollar backends.
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Image credits: Your Friends: Apple TV+; hands: Issarawat Tattong/Getty Images, gerenme/Getty Images, jariyawat thinsandee/Getty Images, Abraham Gonzalez Fernandez/Getty Images
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