OK, so if you don't have a big budget what's the legality of paying people in shares of future profits? i.e. each actor gets an equal share of 50% of any profits of the film. Presumably it's fine to pay yourself below minimum wage so if each actor is essentially a partner then does that apply too? In which case as a partner presumably the actors can refuse to do what the director says because they are not employees. But if the deal was that they get a profit share in return of acting work done then is this illegal since the value of the company at the start of the film is essentially zero which means your breaking minimum wage laws.
Which means that you could make the actors partners and then cross your fingers and hope they do what the director says? Even though they could refuse to do any acting and just hope that others will take there place and make the film successful so they get a profit share???
Which means that you could make the actors partners and then cross your fingers and hope they do what the director says? Even though they could refuse to do any acting and just hope that others will take there place and make the film successful so they get a profit share???