The streaming giant lately Netflixis going through a tough time. The company, which has suffered financial losses due to reasons such as subscriber loss and password sharing, will now have to pay a high amount. Due to a fight between the screenwriters Writers Guild of America institution named Netlix 216 movies in a lawsuit 42 million dollars earned the right to be paid. In addition, this institution also demanded interest for late payment.
Writers Guild of America seeks additional $13 million in interest
Writers Guild of America cuts Netflix from screenwriter salary to save money accused of trying. According to the allegations, movie screenings are paid over revenues from a certain market. However, these claims show that Netflix did not comply with this agreement. Instead, the streaming giant pays the screenwriters the cost of the film. pay less He is said to have done.
From President Meredith Stiehm A WGA memo provides explanations for these claims. “Netflix argued that WGA should adopt a substandard formula that the company negotiated with DGA and SAG-AFTRA. However, after a hearing, a judge ruled otherwise. The copyright had to be higher than the gross budget of the movie.”
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WGA, previously starring Sandra Bullock BirdBox He also won against the movie. A judge on this revealed that Netflix paid the screenwriter less than they should have. As a result, Netflix, the screenwriter $1.2 million at interest He told me to pay.
There was no explanation from Netflix on the subject. However, the WGA company deals ‘one of the worst violators’ described as. This decision affects not only Bird Box but many other movies as well. Judge gives screenwriters on original Netflix content at the same level the streaming service pays for third-party titles license fee He decided he had to pay.
decision, total 139 Netflix content ivalid in china. in this content 216 screenwriters for a total of 42 million dollars Receiving unpaid payments is among the plans. Also, WGA An additional $13 million interest demands. This is the total number of affected screenwriters after WGA’s step. $64 million payout means you can get it.
Streaming giant Netflix has lost its case against screenwriters it didn’t pay for. As a result, he will pay millions of dollars in compensation.
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