Fairness Rocks News Jeff Sagansky Says New Streaming Business Model “Has To Be Relegated To The Dust Bin” Now


Industry News

Jeff Sagansky Says New Streaming Business Model “Has To Be Relegated To The Dust Bin” Now

It’s been a month since Jeff Sagansky’s fiery speech at a NATPE event proclaimed that “we are in a golden age of content production and the dark age of creative profit sharing.” It put the prominent media investor and producer and former top entertainment executive at the center of a conversation about the adverse impact the proliferation of the streaming-driven “cost plus” business model has had on profit participation and ways Hollywood producers, agents and guilds can mobilize and fight to restore backend for creative talent. The issue of vanishing backend, to the tune of as much as $1.5B of lost income a year for creative talent, is expected to be front and center in the looming WGA and other unions’ negotiations with the studios on new a film and TV basic agreement.

Read More: https://deadline.com/2022/07/jeff-sagansky-new-streaming-business-model-1235058955/#recipient_hashed=3a259dd7948fa5cf81748fd59fbfdb0cdc19448cf6f4bf505f19cde98578e9d3