New law entitles child social media influencers to a percentage of earnings: ‘It’s kind of a new world’

L4sBot@lemmy.worldmod to Technology@lemmy.world – 140 points –
New law entitles child social media influencers to a percentage of earnings: ‘It’s kind of a new world’
fortune.com

New law entitles child social media influencers to a percentage of earnings: ‘It’s kind of a new world’::The law covers children under 16 featured in monetized online platforms as debates over "sharenting" continue.

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California has had the "Coogan Law" since the 1930s, which requires parents of child actors to set aside a percentage of the child's earnings in a trust. Other states have similar laws. I'm not clear on whether these laws apply to streaming income, but it's not really a new world so much as it is an application of an existing concept to a 'new' medium.

I don't understand why it's not the other was around and the parents only get access to a certain percentage of the income. They're profiting of another persons work.

We’d have to change a few laws in this country so that minors can do things like open a bank account and sign employment contracts without their parents.

The idea is one parent is at the movie set with the child actor. That parent is no longer working a job with a salary. This the parent gets paid from the kid's salary to replace the money they could be earning at a normal job.

You don't want to just leave your kid at a movie/tv set.