DYSPEPSIA GENERATION

We have seen the future, and it sucks.

What death of the soap opera says about our economy, unions

5th May 2011

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Soaps are “certainly not expensive by other entertainment gauges,” says former producer Michael Laibson, a leader of the creative teams at “All My Children” and “Guiding Light.” But “they don’t pay the people [on reality TV] the same kinds of wages. The acting, the above-the-line costs [for creative talent] are much higher on soaps. Generally, on a soap there are about 30 actors that are under contract so they have a guaranteed number of performances per week and a guaranteed salary per performance.”

Union super-minimum wages lead directly to high unemployment. AFTRA requires each of the main performers to be paid at least $913 a day, but stars get much more.

Not really. The soap industry is highly skilled, and “Days of Our Lives” is a more polished product than “The Biggest Loser.” Soaps are more like airlines. The value of their product has dwindled rapidly, but unions don’t provide flexibility for trimming costs to keep up. Since soaps aren’t a separate industry, they can’t use bankruptcy as a wedge to reopen contracts and make cuts. An AFTRA source who didn’t want to be identified says, “We’re certainly mindful of the challenges the industry faces,” although not mindful enough to back down on their main goal: “We want to increase pay and benefits for our members.”

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