Fairness Rocks News Jeff  Sagansky Slams Streaming-Driven TV Business Model: “We Are In A Golden  Age Of Content Production And The Dark Age Of Creative Profit Sharing”


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Jeff Sagansky Slams Streaming-Driven TV Business Model: “We Are In A Golden Age Of Content Production And The Dark Age Of Creative Profit Sharing”

Jeff Sagansky, a media investor and producer and former top entertainment executive, is sounding the alarm on the adverse impact the now prevalent “cost plus” business model has had on profit participation. The setup, originally introduced by Netflix and subsequently adopted by most major streamers and TV studios, reverses a decades-long practice of above-the-line talent on hit series being handsomely rewarded with a cut of the profits that continues to generate income for decades after the show’s creation.

Read More: https://deadline.com/2022/06/jeff-sagansky-profit-participation-backend-streaming-speech-natpe-1235036716/#recipient_hashed=3a259dd7948fa5cf81748fd59fbfdb0cdc19448cf6f4bf505f19cde98578e9d3