If you make money off social media posts featuring your kids, you'll soon have to set aside some of those profits under new laws signed by Gov. Newsom.
If you make money off social media posts featuring your kids, you'll soon have to set aside some of those profits under new laws signed by Gov. Newsom.Gov. Gavin Newsom is taking steps to protect children and teenagers who create online content on popular social media platforms like Instagram, TikTok and YouTube from financial abuse.
Coogan Law requires 15% of a child actor's earnings be set aside in a trust account until they become adults. "This basically just protects and compensates them so that when they turn 18, they can receive portions of the money and the ability to be able to say, 'You know what, I want to take my image off of the internet and, you know, kind of be forgotten.' It gives them the right to do so," she said.
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