Katie Stevens ‘Doesn’t See Any Money’ From ‘The Bold Type’ Residuals

Jane Sloan all the time stood up for her beliefs on The Bold Type — and so is actress Katie Stevens in the course of the ongoing SAG-AFTRA strike.

“I get it: You see us on TV and think we’re getting paid millions and millions of dollars, that’s not true,” Stevens, 30, quipped throughout a Monday, July 31, look on the “Hold My Hair?” podcast. “The way that it used to be was when your shows aired on television, you got residuals and when they had reruns, you got residuals from that. You got paid every time somebody watched it.”

Stevens, who performed journalist Jane on Freeform’s The Bold Type between 2017 and 2022, famous that her present at present airs on a wide range of home and worldwide streaming platforms. “I don’t see any money from it,” she added with out mentioning the present’s identify instantly in accordance with SAG strike guidelines. “None!”

Stevens — who beforehand starred on MTV’s Faking It for 3 seasons earlier than touchdown her five-year function on The Bold Type — defined that she solely will get a paycheck if a viewer rents or purchases an episode of the present.

“It’s still pennies! Like, there’s a bar in L.A. called ‘Residuals,’ where if you bring in a check that’s under $1, you get a free shot. I would die there because the amount of checks that I get that are for, like 21 cents or 18 cents,” she advised host Courtney Michelle Dlugos, noting she may get a number of complimentary drinks on the institution. “It’s not fair that these companies are making billions of dollars and they’re caring more about the investors that they’re in the pockets of and paying those people and not compensating the people that are doing the art form and creating the stories.”

Due to the onslaught of streaming platforms and outdated residual pointers, unionized SAG-AFTRA performers banded collectively to combat for equal pay throughout contract negotiations final month. After the Alliance of Motion Picture and Television Producers (AMPTP) refused to compromise on new monetary phrases, the actors went on strike.

“The other misconception [of being an actor] is that you’re a series regular on something and that’s gonna continue,” she stated on Monday. “I finished the show in 2021 and afterwards it was still pandemic-y [and] auditioning was a little sparse and in 2022, I did a couple jobs here and there because I needed the money and then I got pregnant.”

Stevens — who welcomed daughter Rome in March with husband Paul DiGiovanni, whom she wed in 2019 — subsequently didn’t go on many auditions amid her being pregnant since she was “getting bigger.” She concluded on Monday: “It’s hard and if we’re not getting compensated for the work we have done, which we should be, it’s hard to sustain.”