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I wonder how much of that $2B went to individual contributors like actors and crew. > "Among the backers were most of the major Hollywood studios, Google, Alib
by csours 6y ago
I wonder how much of that $2B went to individual contributors like actors and crew.
> "Among the backers were most of the major Hollywood studios, Google, Alibaba and the Madrone Capital Partners."
I wonder how much of that $2B was eaten up with "Hollywood Accounting"
- crazygringo 6y agoActors and crew are always paid at least SAG union minimum, and recognizable actors negotiate higher. Trust me -- this was a bonanza for them. There's never been a greater demand for content than the past couple years, with platforms exploding. No need to worry about actors or crew being exploited. Happily, the union makes sure of that! (E.g. in contrast to the tech world.)
- csours 6y agohttps://www.inputmag.com/culture/exclusive-by-exploiting-a-union-loophole-quibi-is-underpaying-its-shows-crews https://www.inputmag.com/culture/exclusive-by-exploiting-a-u... They are getting minimums, but maybe only minimums. > "Original, live action dramatic new media productions which are less than 20 minutes in length and made for initial exhibition on a subscription video-on-demand consumer pay platform are not subject to” the tiered breakdowns that help set wage scales “regardless of their budgets." Another interesting point: > "While Quibi owns the licensing for its shows for seven years, those terms only apply to the short format. A feature-length edit of each show is also made, and after two years, producers/showrunners/other creative intellectual property holders have the right to sell it to distributors."
- marcinzm 6y ago>E.g. in contrast to the tech world. Given how much tech pays versus how easy it's to get into tech (ie: compared to becoming a well paying lawyer or doctor) I doubt too many people mind.
- mikewhy 6y agoDoes that still apply when they're skirting laws? [1] [1]: https://mobile.twitter.com/LukeXCunningham/status/1318982719922032641 https://mobile.twitter.com/LukeXCunningham/status/1318982719...