EXCLUSIVE: The Screen Actors Guild exists to collect wages and benefits and disperse them to dues-paying members, but a Deadline investigation begs a multimillion-dollar question: Why are so many living and deceased thesps owed unclaimed residual checks worth $40 million, money that is drawing interest for the union’s general fund? The roll call of Who’s Owed is a Hollywood Who’s Who, including more than 75 Oscar-winning actors or their estates and dozens of Emmy winners who likely are unaware they are owed residuals. A union spokesperson tells Deadline the union is working to locate those members, but it is difficult because people change agents and don’t notify the union, or they move and mailed checks are returned by the post office and never cashed.
Still, could it really be that hard to find some of these performers? Deadline found that if you threw a rock on the red carpet of any major industry event, chances are you’d hit somebody SAG owes money to.
Like: reigning Best Actress Oscar winner Cate Blanchett, and Tom Cruise, George Clooney, Bradley Cooper, David O. Russell, and former Oscar host Steve Martin. Or Michael Douglas, Dustin Hoffman, Elizabeth Taylor, Jodie Foster, Warren Beatty, Jay Leno, Sally Field, Sean Connery, Christopher Plummer, Channing Tatum, James Franco, Jim Carrey, Sharon Stone, Owen Wilson, Justin Timberlake, Melissa McCarthy, Julianne Moore, Pierce Brosnan, Zac Efron and Andrew Garfield.
The music side of the ledger of Who’s Owed reads like a wing …