Netflix Co-Chief Ted Sarandos Says It Will Soon Be “Much More Common” For Streaming Data To Be “Fully Transparent,” As With Metrics Like Box Office, TV Ratings And Billboard Charts

EXCLUSIVE: There’s real movement in talks between SAG-AFTRA and the studios for a new three-year contract,

EXCLUSIVE: Sunday will not be a day of rest for SAG-AFTRA leadership and the studios this weekend.

Gene Maddaus Senior Media Writer SAG-AFTRA is expected to hold bargaining sessions with the major studios over the weekend, as the two sides continue to work toward a deal to end the 106-day strike. The sessions may be held virtually, rather than in person. The two sides met on Friday for the third day this week at SAG-AFTRA headquarters.

Gene Maddaus Senior Media Writer The CEOs of four major entertainment companies offered SAG-AFTRA on Tuesday an improved bonus for the most-watched streaming shows, as well as higher increases in minimum rates. But the studios are still not offering a cut of total streaming revenue, which the actors union has made the centerpiece of its demands to end its 104-day strike. SAG-AFTRA is expected to deliver its response to the studios’ latest proposal today.

EXCLUSIVE: The first day of the latest round of renewed talks between the studios and SAG-AFTRA has ended, with proposed plans for the principals to meet again — possibly in the next day or so.

This is day 103 of SAG-AFTRA strike.

Gene Maddaus Senior Media Writer Four CEOs are set to return to SAG-AFTRA headquarters on Tuesday with a new offer that they hope will break the stalemate in the 102-day actors strike. Among them will be Disney’s Bob Iger, who called SAG-AFTRA’s top negotiator, Duncan Crabtree-Ireland, on Saturday to invite the actors back to the bargaining table. The CEOs — who also include David Zaslav of Warner Bros.

#SagAftraMembers:As we mark the 100th day of our strike, we are pleased to confirm the company executives have asked us to return to the table. Official Negotiations will resume on Tuesday, October 24th. (1/5) pic.twitter.com/m5llCsTqxq— SAG-AFTRA (@sagaftra) October 21, 2023The strike began on July 14, when SAG-AFTRA – the Screen Actors Guild-American Federation of Television and Radio Artists – failed to come to an agreement with the Alliance of Motion Picture and Television Producers (AMPTP) over increased pay, a share of streaming revenues and protection against actors’ images and voices being replicated by AI.Talks between the two parties broke down on October 11, in a move that senior figures in SAG-AFTRA described as a “surprise move”.“It is clear that the strength and solidarity shown by our members has sent an unmistakable message to the CEOs,” continued SAG-AFTRA’s statement.

EXCLUSIVE: Ted Sarandos may have insisted today that he and other studio CEOs want to end the over three-month long actors strike and “get everyone back to work,” but for SAG-AFTRA’s chief negotiator, the Netflix boss is full of nothing but hot air.

Netflix’s multi-year deal with Skydance Animation, which shifted over from Apple TV+, “helps complement the work that we’re doing” with original animated fare, Co-CEO Ted Sarandos said.

“We want nothing more than to resolve this and get everyone back to work,” declared Netflix’s Ted Sarandos at the top of the streamer’s Q3 earnings video call Wednesday, exactly a week after talks with the actors guild ceased, for now. “That’s true for Netflix. That’s true for every member of the AMPTP,” the co-CEO added of his studio peers.

Netflix is adamant that it’s not interested in live sports.

Jennifer Maas TV Business Writer Netflix co-CEO Ted Sarandos says that “part “of the reason the streamer has long been tight-lipped about viewership data — even when it came to disclosing numbers to those creating the TV shows and films for the platform — is because of the talent’s own concerns about feeling “pretty trapped” by ratings and box office performance. “At the time we started creating original programming, our creators felt like they were pretty trapped in this kind of overnight ratings world and weekend box office world defining their success and failures,” Sarandos said during a prerecorded analyst interview that went live Wednesday, following Netflix’s report on its third-quarter financial results.

Netflix said it’s working on modifications to CEO pay policies after a majority of shareholder voting not to approve executive compensation in a non-binding vote at the last annual meeting. The company had said as much earlier this year.

Jennifer Maas TV Business Writer Netflix subscribers grew by 8.76 million in Q3, totaling 247.15 million by the end of the fiscal period Sept. 30.

Negotiations between the studios and the striking actors guild may have come to a sudden halt last week, but according to Netflix today everyone is still talking – even when they aren’t.

When Netflix announced in April that it’s planning to spend $2.5 billion on Korean content across the next four years, on top of the more than $1 billion already spent since 2016, it made the world sit up and take notice.

SAG-AFTRA Chief Negotiator and National Executive Director Duncan Crabtree-Ireland is very happy with Taylor Swift and not so happy with Netflix co-CEO Ted Sarandos.

Netflix’s Ted Sarandos has claimed that SAG-AFTRA asked for a levy on every subscriber to streaming service, which led to the breakdown in talks to end the actors strike.

Matt Donnelly Senior Film Writer Netflix Co-CEO Ted Sarandos shed some light on why negotiations between striking actors union SAG-AFTRA and Hollywood’s biggest producers fell apart. After a blistering statement from the guild in the wee hours on Thursday morning accused the studios and streamers of “bully tactics,” Sarandos hit the main stage of Bloomberg’s Screentime conference and ran headfirst into questions about the breakdown. Sarandos said that Wednesday evening talks ended with the guild proposing a “levy” on on each of Netflix’s roughly 238 million subscribers.