The lead negotiators for SAG-AFTRA and the studios are set to meet later today in what could be the final phase to sealing a new deal and the end to the 117-day actors guild strike.
19.10.2023 - 00:03 / deadline.com
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.
Partnering with third parties across the board “really helps us” to “keep up that scale as we grow,” the exec said on the company’s third-quarter earnings interview. Animation as a subset of the overall content mix has been an increasing priority in recent years, with co-founder and Executive Chairman Reed Hastings first publicly calling attention to it when he was running Netflix as CEO. Alluding to Disney, Hastings said in 2021 that execs were “very fired up about catching them in family animation, maybe eventually passing them, we’ll see.”
Hastings and Sarandos, however, have both conceded that everything in the animation business moves at a more deliberate pace than the rest of their operation. That’s where plugging in Skydance’s pipeline could provide a boost. As Deadline first reported, Skydance and Apple decided to part ways in animation due to strategic differences, with Skydance retaining control of the film Spellbound. It will premiere on Netflix in 2024, followed by Pookoo in 2025.
“It’s a very long cycle of development and production,” Sarandos said. “Sometimes it can take a decade to deliver a really great animated feature film. And as you know, we move pretty fast. … No single company has really launched more than two animated features in the same year.”
Across the entertainment landscape, “there’s a ton of appetite,” Sarandos said. “If you look at the Top 10 features since Nielsen has been tracking movie watching, seven of them are animated features. We’re committed to that part of the business, and we do that through a
The lead negotiators for SAG-AFTRA and the studios are set to meet later today in what could be the final phase to sealing a new deal and the end to the 117-day actors guild strike.
Gene Maddaus Senior Media Writer The studios told SAG-AFTRA on Saturday that they have made their “last, best and final” offer, as they seek an end to the 114-day actors strike. The offer includes an enhanced residual bonus for high-performing streaming shows. Under the proposal, actors who appear on the most-watched shows on each platform will see their standard streaming residual doubled.
EXCLUSIVE: Today’s meeting between SAG-AFTRA and an expanded group of studio CEOs has just ended as the guild scrutinizes the AMPTP‘s long awaited response to their last comprehensive counter.
EXCLUSIVE: There’s real movement in talks between SAG-AFTRA and the studios for a new three-year contract,
Gene Maddaus Senior Media Writer SAG-AFTRA leadership continued to bargain with the major studios on Sunday, but despite growing optimism around the industry, no deal has been reached yet. The union presented its latest proposal to the studios on Saturday. The two sides were said to be engaged in “productive” talks through the weekend.
EXCLUSIVE: SAG-AFTRA and AMPTP continued to communicate intermittently Sunday as they close in on possibly reaching a new deal that could end the 108-day strike.
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EXCLUSIVE: SAG-AFTRA and the studios don’t have a deal, but they are planning on talking more.
Negotiations scheduled Wednesday between SAG-AFTRA and the studios didn’t happen after all — and everyone’s good with that.
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.
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 Co-CEO Ted Sarandos expects streaming data to become “much more transparent” in the near term, conforming with metrics for movies, TV and music.
“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.
Canal+ Chairman and CEO Maxime Saada has recalled how he travelled to Los Gatos with an olive branch six years ago.
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.