Ted Sarandos Celebrates Netflix’s “Iconic Red Envelopes” As Streamer Sends Last DVD – Hint, It’s Got A Lot Of Grit

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.

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.

In an interview of the Today show this morning, SAG-AFTRA president Fran Drescher called the AMPTP’s walk out on strike negotiations this week “wrong,” “unfair,” and “disrespectful.”

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.

The latest round of talks between the studios and SAG-AFTRA on ending the 92-day strike have collapsed tonight and now he Fran Drescher-led guild are accusing the AMPTP of using “bully tactics” and “the same failed strategy they tried to inflict on the WGA.”

After a rough day of negotiations Wednesday, the actors guild and the studios have pulled the plug for now.

There was no picketing Monday by SAG-AFTRA members due to the Indigenous Peoples Day holiday, but the leadership of the actors guild did return to the bargaining table with the studios and streamers.

K.J. Yossman Kristy Matheson had big shoes to fill when she took over from Tricia Tuttle as director of the BFI London Film Festival (LFF) earlier this year. Over the course of a decade, Tuttle transformed LFF into a highlight of the fall festival calendar, drawing some of the biggest names in entertainment to the English capital each October including, memorably, Ted Sarandos and Beyoncé, who flew in to celebrate the world premiere of “The Harder They Fall” in 2021.

One down, and more to come.

Matt Donnelly Senior Film Writer Actors union SAG-AFTRA and the AMPTP concluded a full day of negotiations on Monday, the first time negotiators have been in a room together since the union declared a strike on July 14. While little details were shared about the talks, both sides plan to meet again this week. “SAG-AFTRA and the AMPTP met for a full day bargaining session and have concluded.