In order to secure top-tier series like Stranger Things and Altered Carbon, Netflix is paying more in upfront costs than traditional broadcast networks.
While this financial tactic appears to be the obvious move to compete in the entertainment content wars of 2018, there are some disadvantages for creators and producers who buy-in to the Netflix approach.
In a report from CNBC, the outlet spoke with unnamed Hollywood executives who have had dealings with the streaming giant around the negotiating table. These sources said that Netflix uses a "cost-plus model" to secure the rights for new series.
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While this financial tactic appears to be the obvious move to compete in the entertainment content wars of 2018, there are some disadvantages for creators and producers who buy-in to the Netflix approach.
In a report from CNBC, the outlet spoke with unnamed Hollywood executives who have had dealings with the streaming giant around the negotiating table. These sources said that Netflix uses a "cost-plus model" to secure the rights for new series.
Continue reading…
Continue reading...