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By the late s and s, the phrase pay-to-play became increasingly identified with US politics, specifically referring to the practice of companies or industries giving contributions and gifts to candidates in exchange for political favors, influence on policy, tax breaks, and so on.
However, politicians, pundits , and news stations on both sides of the aisle have criticized what they perceive as pay-to-play scenarios in the opposing party.
The phrase pay-to-play is used in a wide variety of different practices, from standup comedy to video games, and specific definitions may vary depending on the industry.
Though it depends on the industry, the phrase pay-to-play usually carries the connotation of shady, underhanded , or illegal dealing, particularly when it comes to politics and finance.
On the other hand, pay-to-play gaming—also called P2P and not to be confused with peer-to-peer gaming or computing—is very popular.
A producer is usually loath to make such a commitment except under exceptional circumstances. It is rumored that Sylvester Stallone would not sell the rights to his screenplay for Rocky unless he was attached to star in it.
He was purportedly made pay and play to render acting services in the film. Because pay-or-play clauses can have a significant financial impact on a producer, most won't deem an actor pay or play until the picture has been green-lighted, a firm start date has been set, and the other principal cast members have been made pay or play.
Independently financed pictures often try to avoid pay-or-play provisions altogether or delay them until the start of principal photography, so they can be assured the movie is fully funded and will proceed.
Most working actors in film and TV won't consider an offer unless it is pay or play, as they won't tie up their schedule if they aren't certain to be compensated for it.
In any event, it is important—on both sides of the bargaining table—to be clear as to what preconditions must be satisfied before the pay-or-play obligations kick in.
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Payment will be automatically renewed each month or year depending on your membership. Get more from your game. The common denominator of all forms of pay-to-play is that one must pay to "get in the game", with the sports analogy frequently arising.
While these types of shows are typically shows that have little sponsor support and have no substantiated audience, some major program producers do purchase airtime to "clear" their programs in certain major markets.
Pay-to-play is a provision in a corporation's charter documents usually inserted as part of a preferred stock financing that requires stockholders to participate in subsequent stock offerings in order to benefit from certain antidilution protections.
If the stockholder does not purchase his or her pro rata share in the subsequent offering, then the stockholder loses the benefit s of the antidilution provisions.
In extreme cases, investors who do not participate in subsequent rounds must convert to common stock , thereby losing the protective provisions of the preferred stock.
This approach minimizes the fears of major investors that small or minority investors will benefit by having the major investors continue providing needed equity, particularly in troubled economic circumstances for the company.
It is considered a "harsh" provision that is usually only inserted when one party has a strong bargaining position.
Pay-to-play might also be used to explain the appearance of engineering, design, and construction public work being done not in an open and fair manner.
In the finance industry, the term pay-to-play describes the practice of giving gifts to political figures in the hopes of receiving investment business in return.
In the U. Pay-to-play occurs when investment firms or their employees make campaign contributions to politicians or candidates for office in the hope of receiving business from the municipalities that those political figures represent.
It usually applies to investment banking firms that hope to receive municipal securities underwriting business in return or to investment management firms that hope to be selected for the management of government funds such as state pension funds.
An example of this form of corruption or bribery is the probe by then New York State Attorney General Andrew Cuomo into private equity funds payments to placement agents with political connections to obtain business with the New York State Common Retirement System.
The term also refers to a growing trend, where venue owners charge an up-front fee to performing artists for the use of their facilities.
The practice began in Los Angeles, California , during the s. It has become common in many U. The term pay-to-play was also used as the title to a song by the band Nirvana later renamed to "Stay Away".
The refrain referred to the practice of a band or their record label paying radio stations to put a song into heavy rotation. The phrase is also the title to a song by the band Cringer , in which they denounce the practice.
Music Supervision is a booming field in the music industry, whose professionals place music in many kinds of film, television, commercial, web-based and other live and recorded media cues.
While some music supervisors are paid only by their employer or per-project, some companies use a pay-to-play model wherein artists pay to submit tracks for consideration to a variety of media concerns, only to have to pay the Music Supervision intermediary again at a cost of half of its earning for the track placement should it win a placement.
The term is also used as slang to refer to Internet services that require that users pay to use them. This is in contrast to free-to-play games.
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