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The Shawshank Rainbow

from The Wall Street Journal

The Shawshank Residuals

How one of Hollywood’s great second acts keeps making money

By RUSSELL ADAMS

Bob Gunton is a character actor with 125 credits to his name, including several seasons of “24” and “Desperate Housewives” and a host of movie roles in films such as the Oscar-winning “Argo.” Vaguely familiar faces like his are common in the Los Angeles area where he lives, and nobody pays much attention. Many of his roles have been forgotten.

But every day, the 68-year-old actor says, he hears the whispers—from cabdrivers, waiters, the new bag boy at his neighborhood supermarket: “That’s the warden in ‘Shawshank.’ ”

He also still gets residual payments—not huge, but steady, close to six figures by the film’s 10th anniversary in 2004. Since then, he has continued to get “a very substantial income” long past the age when residuals usually dry up.

“I suspect my daughter, years from now, will still be getting checks,” he said.

[ click to continue reading at WSJ.com ]

Posted on June 11, 2014 by Editor

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