HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Ted McGinley receives penny residual checks from TV shows

Created at 31 May · 8:53 PM1 source
IN SHORT

Ted McGinley, known for his roles in 'Married... with Children,' 'Happy Days,' and 'The Love Boat,' revealed he still receives residual checks for his past TV work, often amounting to just one penny. He is not alone, as Jodie Sweetin also shared receiving a one-cent check, highlighting the decline of residuals due to streaming. Drake Bell noted that Nickelodeon does not pay residuals to child stars.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

1 pennyresidual check amount
$2estimated total value of McGinley's uncashed checks
8 seasonsrun of 'Full House'
2016 to 2020years of 'Fuller House' run
2023year of Jodie Sweetin's used Hyundai Sonata

Who's Involved

Ted McGinley
Actor known for 'Married... with Children,' 'Happy Days,' and 'The Love Boat'
Jodie Sweetin
Actress known for 'Full House' and 'Fuller House'
Drake Bell
Former Nickelodeon star

↳ Why This Matters

The traditional model of residual payments for actors, which provided income from reruns and syndication, has been significantly impacted by the rise of streaming services. Many actors are now receiving minimal or no residuals from their past work, leading to financial uncertainty and a reevaluation of compensation structures in the entertainment industry.

Key facts

  • Ted McGinley continues to receive residual checks for his past TV roles.
  • McGinley's residual checks are often for one penny.
  • Jodie Sweetin also reported receiving a one-cent residual check.
  • Drake Bell stated that Nickelodeon does not pay residuals to child stars.
  • Streaming services have impacted traditional residual payments for actors.

The traditional model of residual payments for actors, which provided income from reruns and syndication, has been significantly impacted by the rise of streaming services. Many actors are now receiving minimal or no residuals from their past work, leading to financial uncertainty and a reevaluation of compensation structures in the entertainment industry.

Frequently asked questions

Residual checks are payments made to actors, writers, and directors for the reuse of their work in television reruns, syndication, or other distribution methods beyond the initial broadcast.

The shift to streaming platforms has altered how content is licensed and distributed, often resulting in different or reduced residual payment structures compared to traditional broadcast and syndication models.

Not all actors receive residuals. Payment structures vary based on union agreements (like SAG-AFTRA), the specific network or studio, and the type of distribution. Some networks, like Nickelodeon for child stars, reportedly do not pay residuals.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

31 May · 8:41 PM
Ted McGinley, known for 'Married... with Children,' receives penny residual checks from his TV shows.
Fox News via PiQSuite

Sources

T1
'Married... with Children' star Ted McGinley reveals he gets penny residual checks from his hit TV showsm.piqsuite.com

Related Stories

Prince Harry loses privacy case against Daily Mail publisher
9 Jul · 5:11 AM
Walmart Wins Price Comparison Against Kroger and Amazon
8 Jul · 7:05 PM
Paramount Delays Warner Bros. Deal Amid Oregon Antitrust Probe
9 Jul · 1:44 AM
The Pitt and Hacks Lead Emmy Nominations; Stranger Things Snubbed
8 Jul · 5:45 PM
Steadfast exclusivity period extended as US consortium reaffirms $5.3 billion bid
9 Jul · 12:19 AM