I would be curious how the financial wires got crossed.
I would have assumed residuals were proportional to views, and views valued proportionally as contributing to subscription demand. And it would be a rare viewer to watch one show like that, over & over. I.e. only upside. Something went sideways.
Thats how it used to work in the movie theater/cable days. Then Netflix said "I will pay you a ton of money up front to own everything" Creatives said amazing! Then the "war" for creative talent started because of the fragmentation of services, so you got people saying I will pay you X + a royalty regardless because you are so sought after, which eventually, as you see here, priced them out of their own content.
Wow. That is dysfunctional.
I would be curious how the financial wires got crossed.
I would have assumed residuals were proportional to views, and views valued proportionally as contributing to subscription demand. And it would be a rare viewer to watch one show like that, over & over. I.e. only upside. Something went sideways.
Thats how it used to work in the movie theater/cable days. Then Netflix said "I will pay you a ton of money up front to own everything" Creatives said amazing! Then the "war" for creative talent started because of the fragmentation of services, so you got people saying I will pay you X + a royalty regardless because you are so sought after, which eventually, as you see here, priced them out of their own content.
If they don't make their content available legally, then it should go into the public domain.
Don't want this to happen to your content? Then don't release it to the public.
We need to bring back explicit copyright registration and renewals.
Hoarding is never good for society. It is wild that we've adopted laws to reward it.