Might be a dumb question - but is this a contractual thing? Why do people still need to get royalties for broadcasts of something made 40 years ago vs just paying them for it back then?
Might be a dumb question - but is this a contractual thing? Why do people still need to get royalties for broadcasts of something made 40 years ago vs just paying them for it back then?
Yes. In general the content owners (less often so actors, screenwriters, etc.) work on a combination of upfront fees and royalties. This is true of book authors as well who typically get an advance against royalties. Purchasers generally won't pay a fee commensurate with "if this is a big hit" so the content owners are willing to accept a smaller fee in exchange for a cut of the big hit proceeds--even if those often don't come about.
Notably, live action productions covered under SAG-AFTRA and WGA get residuals while animated works under IATSE did not until very recently.