I saw this question posted on a popular forum for actors, and I responded. Here is what transpired:
"I'm posting this question for a friend of mine who is currently without an agent/manager. He has a callback for cable promo. The casting director listed this job as a "BUYOUT" and the promo will be broadcast for cable and internet usage. When you work on something like this, what types of conflicts will you have? Does that mean you can't work on any other movie-promos INDEFINITELY? Or is it usually for a few years? The CD said "buyout", but did not say "in perpetuity". So my friend was just worried about what doing this type of TLC promo might exclude him from in the future."
Hello! As far as I know, the term "buyout" only refers to payment/salary. It simply means that your friend will get paid one time (for the session) and no other payments or residuals will be due, no matter how long the promo runs.
As far as conflicts, the contract should have some sort of language about exclusivity, if that is something they require. if it is required, they will stipulate how long the contract binds the actor exclusively. If it doesn't mention exclusivity, have him ask this question when he signs the contract. Often on non-union promos there is no exclusivity so your friend would have the right to whatever other promos he likes. Just make sure he looks closely at the contract so he know what his rights are.
Hope this helps- and please pass along my congratulations to your friend!
Erin Cronican's career as a professional actor and career coach has spanned the last 25 years in New York City, Los Angeles and San Diego. She has appeared in major feature films and on television, and has done national tours of plays and musicals. She has worked in the advertising & marketing departments of major corporations, film production companies, theater magazines, and non-profit acting organizations. To learn more, check out http://www.theactorsenterprise.org.