1741
submitted 11 months ago by stopthatgirl7@kbin.social to c/news@lemmy.world

The sorry state of streaming residuals shows why SAG and the WGA are striking.

you are viewing a single comment's thread
view the rest of the comments
[-] MisterHavoc@lemmy.world 10 points 11 months ago

Assuming the current all you can watch flat fee model is unsustainable, how do you think a model like videogame (Steam, Epic, etc..) would be perceived? Lower monthly sub. Originals are included. Wanna watch something else? You can watch 2 episodes to start. If you wanna continue buy the season. Sort of like videogames where there are demos.

[-] johnlobo@lemmy.world 2 points 11 months ago

Netflix got 3 billion from one show, plenty sustainable to me.

[-] DosDude@retrolemmy.com 6 points 11 months ago

You know Netflix doesn't work that way right?

[-] johnlobo@lemmy.world 3 points 11 months ago
[-] Derproid@lemm.ee 6 points 11 months ago

You said they got 3 billion as if they got 3 billion dollars. In reality Netflix paid for the rights to distribute a show and paid for the infrasture to stream 3 billion minutes of it in hopes that people keep renewing their subscription. It definitely made them a lot of money, but not 3 billion.

[-] Sanity_in_Moderation@lemmy.world 5 points 11 months ago

3 billion minutes watched does not equal 3 billion dollars paid to Netflix.

[-] DosDude@retrolemmy.com 2 points 11 months ago

If those 3 billion minutes were watched non-stop 24/7 for the paying subscribers it would make at least $486,111.11 for Netflix assuming the subscribers paid for the cheapest subscription at ~$7. That's still a lot of money, but they also pay for their own upkeep, servers and much more.

I know most people don't have the cheapest subscription, and also that they don't watch 24/7. But it puts into perspective that Netflix doesn't earn that much on one series.

To add: they also make their own shows and productions and they pay to put shows up on their service that are not their own productions. I don't know what a show like suits will cost to be put on Netflix, since they don't produce the show, but I'd imagine that's not cheap. And I guess the writers get a percentage of the money earned on the selling of those rights (depending on the contract they have with the original studio)

And the paying of the writers is in the hands of the studio selling the rights, not Netflix.

[-] MisterHavoc@lemmy.world 1 points 11 months ago

Yes, I agree with you. I'm saying assuming. I don't think they'll go.. You know what? You're right.. We're gonna start paying more. Something will have to give. I'm saying is there a diff business model?

[-] MixedRaceHumanAI@lemm.ee 0 points 11 months ago* (last edited 11 months ago)

3,000,000,000 * $15 (assumed Netflix plan/user) = $45,000,000,000

Damn! Just for one show?!

this post was submitted on 12 Aug 2023
1741 points (98.5% liked)

News

21850 readers
3753 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS