OTT & Transmedia : Netflix co-CEO says streamer “not looking to change” talent compensation model by Geoff Hall

Geoff Hall

Netflix co-CEO says streamer “not looking to change” talent compensation model

This goes back a few weeks, but I thought it's worth highlighting now.

"He conceded, “With all that said, we have been and we continue to be and we are open to more bespoke deals where talent is interested. They rarely happen because typically talent chooses the upfront model. We think we have the right model and we’re not looking to change it.”"

What are your thoughts about Netflix's upfront payments?

https://www.screendaily.com/news/netflix-co-ceo-says-streamer-not-lookin...

Maurice Vaughan

I like Netflix's model, Geoff Hall. I think it's safer for actors to get bigger upfront payments because they don't know if movies and shows will do really well.

Geoff Hall

Maurice Vaughan I agree, Maurice. Guaranteed income, you think would be something with a more positive judgement from the Unions.

Arthur Charpentier

and in Russia, film studios earn an average of 500% profit on TV shows. and it doesn't matter if the series is successful or not. I don't think the situation in America is any different. therefore, I think the ratings were invented to save on employee benefits. we can say that any series earns money for the studio only if it does not burn a lot of money on it during production. therefore, it is difficult to say which payment scheme is more honest and reliable, because everything depends on the studio and the budget of the series. and since no one knows the real accounting of production, employees are held hostage by the situation and are forced to take what they give.

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