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- What does favored nations mean in acting?
- What is the most-favored-nation clause example?
- What are favored nations in a contract?
- What is most-favored-nation in film?
What does favored nations mean in acting?
This is an industry term which means that you are getting equal contractual treatment to others on the project – billing, accommodations, and any other contractual provision. This is not required by SAG-AFTRA and must be separately negotiated between Performer and Producer.
What is the most-favored-nation clause example?
In international trade, MFN treatment is synonymous with non-discriminatory trade policy. For example, if a country belonging to the WTO reduces or eliminates a tariff on a particular product for one trading partner, the treaty's MFN clause obligates it to extend the same treatment to all members of the organization.
What are favored nations in a contract?
Most-Favored Nations (MFN) clauses (also known as antidiscrimination clauses or most-favored customer clauses) are common in business today. These provisions require that the supplier will treat a particular customer no worse than all other customers (and sometimes even better).
What is most-favored-nation in film?
When you see that a deal point is treated on a Most Favored Nations basis, it means that No other deal (of its kind) will contain more favorable terms than the one in question, and if any other deal DOES include more favorable terms, then all such deals will be “upgraded” to those better terms.
