Netflix will have to spend a huge amount of money in the battle for writers’ salaries. Like Limit line report, the Writers Guild of America won an arbitration ruling that would order Netflix to pay 216 theatrical screenwriters an additional $42 million in unpaid balance. WGA is also seeking an additional $13.5 million in interest for late payments.
The WGA accuses Netflix of “doing it on its own” that saved them money on screenwriters. The rest for theatrical releases is supposed to be paid based on revenue earned in a given market, as required by the association and licenses such as Netflix (where both producer and distributor) demand for fees based on more conventional relationships – a Sony movie licensed to Netflix, for example. Netflix, however, is said to have negotiated deals with the Directors Guild of America and the Screen Actors Guild (SAG-AFTRA) that would allow it to pay the rest of its films for the price ” significantly less” than the cost of the film.
Victory was helped by an earlier win over the film Sandra Bullock Bird box, WGA stated. An arbitrator found that Netflix underpaid a screenwriter using such a formula from the most recent dispute. The controller said Netflix had to pay the writer $1.2 million in interest and the rest.
We have asked Netflix for comment. However, the WGA is not shy about its criticism. It described Netflix as one of the “worst violators” of the guild’s basic agreements on balance, and considered arbitration as a measure against media companies trying to “reduce” payments. through streaming services. Don’t be surprised if there are more battles like this in the industry.
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