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What is a "Buyout Rate" in an Acting Commercial Contract 

Belgica Paola Rodriguez
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8 сен 2024

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Комментарии : 35   
@AmyMarieLa
@AmyMarieLa 5 лет назад
I've always wondered the difference. Thanks for explaining!
@BelgicaPaola
@BelgicaPaola 5 лет назад
You're welcom! Thanks for watching. 💕
@LoyalTC
@LoyalTC 2 года назад
Thank you I’m recently new to acting so it definitely helped 🙏🏽
@BelgicaPaola
@BelgicaPaola 2 года назад
You're so welcome!
@LiveWithMPROV
@LiveWithMPROV 2 месяца назад
Yes this video totally helped me
@BelgicaPaola
@BelgicaPaola 2 месяца назад
Great! 😊
@deepakdevrani8888
@deepakdevrani8888 4 года назад
Very informative for a person who is new into contracting
@BelgicaPaola
@BelgicaPaola 4 года назад
Thanks, I am glad you found this helpful!
@queenisali3664
@queenisali3664 4 года назад
Thanks for the video that was so helpful
@BelgicaPaola
@BelgicaPaola 4 года назад
I am so happy you found this helpful!!! :)
@michellelee9293
@michellelee9293 5 лет назад
Ahhh! Your the best. Thank you for making this video and answering mine and actors question!!!
@BelgicaPaola
@BelgicaPaola 5 лет назад
You're welcome! Thanks for all the love! 💖🤗
@michaelcyll9331
@michaelcyll9331 Год назад
Thank you very helpful
@BelgicaPaola
@BelgicaPaola Год назад
Glad it helped!
@DanielKarpinskiMusic
@DanielKarpinskiMusic 8 месяцев назад
Thanks! What happens if you are in a commercial and they don't see your face but only part of your body interacting with the other actors (you get direction and your task is important for the commercial), would there still be a buyout or just a day rate?
@BelgicaPaola
@BelgicaPaola 8 месяцев назад
Usually if you are not recognizable, that is in the contract and you wouldn't get paid much. Depends on the contract and if it's union or not.
@luisvelez8096
@luisvelez8096 4 года назад
I have a question. For Non-Union, So if it has more than one day of work. For example, if its 5 days of work and the session rate is $1000, does that mean I'll be getting paid $5000 in total for all the days outside of whatever the buyout rate is?
@BelgicaPaola
@BelgicaPaola 4 года назад
Yes, the buyout rate is in addition to the daily rate. 👍
@luisvelez8096
@luisvelez8096 4 года назад
@@BelgicaPaola Oh ok, and this is for non union commercials?
@BelgicaPaola
@BelgicaPaola 4 года назад
This can be for either. Really depends on the contract. I have experienced it in both union and non union.
@una724
@una724 Год назад
When do you get a buyout fee? Is it closer to when filming is finished or at the end of the year or whenever your contract ends??
@BelgicaPaola
@BelgicaPaola Год назад
The buyout is listed in the original casting post. If they want to do a buyout or a flat rate, it will be listed on the casting and will come with the paycheck. This is how it was in the jobs I have done in CA 😊 hope it helps!
@unbreakable9392
@unbreakable9392 9 месяцев назад
So I'm paid a day rate. But there was also a buyout for 1000.. so do I get paid the 1000 as well? Do I get this after a year?
@BelgicaPaola
@BelgicaPaola 9 месяцев назад
If the contract says your day rate plus a buyout you should get all that now.
@acbmathematics7375
@acbmathematics7375 5 лет назад
You should start playing that guitar; that would be pretty bad ass!
@BelgicaPaola
@BelgicaPaola 5 лет назад
That would be bad ass! I really need to pick up my guitar and actually learn 😂 Ive always wanted to and bought it almost 7 years ago!
@JennaQuinter
@JennaQuinter 4 года назад
Super helpful video! My RU-vid account is @jennaquinter . You are the only video I could find regarding this information. Thank you! I’ll watch more of your information on here.
@BelgicaPaola
@BelgicaPaola 4 года назад
Thanks so much, Jenna! I'll check out your channel 😊👍
@curolate
@curolate 2 года назад
wait so you only get paid the buyout rate after a year?
@BelgicaPaola
@BelgicaPaola 2 года назад
Hi Lena 😊 No, if it is a buyout rate, you get paid one time after filming. If it is not a buyout, you get paid for the usage for a certain amount of time (usually 1-3 years) and if they want to use it for longer, they pay you again and will usually work with your agent to negotiate that extended usage rate unless they already included what the extended usage rate would be. This might be confusing still. I'll make a short! 🤔😁
@curolate
@curolate 2 года назад
@@BelgicaPaola Thank you for explaining, they also have like the day rate and then the buy out rate... that's why I got so confused
@acbmathematics7375
@acbmathematics7375 5 лет назад
How do I go from 0 subscribers to 11 subscribers?
@BelgicaPaola
@BelgicaPaola 5 лет назад
I find that being a part of a community that would be interested in your video is helpful in getting subscribers. Do you watch any of the RU-vid channels that teach you how to grow your channel? I can comment some links here if you would like! 😊
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