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David Krumholtz Says He Gets Only Small Yearly Residuals From The Santa Clause And Oppenheimer

His disclosure shows how graded residual formulas and streaming-era deals can leave many performers with only pennies from long-running work.

Overview

  • Krumholtz told Page Six in reporting published June 5 that he estimates about $150 a year from The Santa Clause franchise and $12.73 from his part in Oppenheimer.
  • He explained that residuals shrink on a graded scale so each repeat airing pays less than the one before, which he cited as the reason longtime hits now send tiny checks.
  • Journalists use Krumholtz’s figures alongside other actors’ anecdotes of one-cent or single-digit-cent payments to show this is a broad pattern, not an isolated case.
  • Residual amounts are set by negotiated contracts and union rules and have been reshaped by streaming and new distribution deals, which reporters say have tended to reduce long-term payouts.
  • The reports raise questions about how performers earn from legacy work and could increase public scrutiny of residual formulas, though no contract or policy changes have been announced.