Today’s news drop reveals the financial struggles of the Geoffrey Owens he faces to meet his living. There is no doubt that the versatile actor who appeared in multiple movies along with the former show “The Cosby Show” has revealed that his financial struggles made him revise the concept of earning sources as a working actor in Hollywood.
He is of the opinion that the income coming from working on Hollywood projects is not enough to meet his life’s needs. He is forced to boost his wealth with other part-time or full-time jobs. At the same time, many actors or celebrities come to social media to reveal the reality of making a living in Hollywood. Here is your read.
Geoffrey Owens Making His Life’s Needs Meet With Multiple Jobs
The misconception is dispersed that actors earn handsomely, as Geoffrey Owens reveals that most actors face struggles and problems while making both ends meet. The Cosby Show’s cast member explained that his residual and paychecks as a result of his past work being re-streamed are not enough.
Being a successful actor, he faces problems while paying expenses, such as agents, managers, publicists, taxes, and the like, with not having enough income.
In an interview, Geoffrey Owens did not bother and unveiled that he worked at New Jersey Trader Joe’s and also established a grocery store. But the moment he photographed back in 2018, he quit.
He explained that streaming platforms, such as Netflix, Hulu, and Max, revolutionised digital media and made it difficult for television actors to earn appropriately from their work.
In addition, these streaming platforms earn from customers’ subscriptions and proved barricades in actors’ income through advertisements.
The Financial Struggles of Hollywood’s Actors
Some actors only receive 3 cents or 80 cents as their residual checks after working in popular streaming shows. They include Jim Carrey, Jana Schmieding, Greer Grammer, and Sydney Sweeney.
Even Mandy Moore, who is a recognized actor and Emmy and Golden Globe Award winner, revealed that her residual checks for the streaming deal of “This is Us” were only from a penny to 81 cents. The evidence is enough to know how Hollywood treats its actors working day and night.