Biography & Early Wealth Journey

"A lot of the top earners want to be part of the solution. We've offered to remove the cap on dues, which would bring over $50 million to the union annually. Well over $150 million over the next three years. We think it's fair for us to pay more into the union. We also are suggesting a bottom-up residual structure — meaning the top of the call sheet would be the last to collect residuals, not the first. These negotiations will be ongoing, but we wanted to show that we're all in this together and find ways to help close the gap on actors getting paid."

Frazer Harrison/Getty Images

With negotiations between the parties in question at a stalemate and studio representatives walking away from the table, there's no telling when a new deal will be struck. But thanks to ideas like this one, it could be a radically different business for working actors once it's able to start up again.