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Netflix pays residuals. In fact the WGA won a fairly hefty arbitration against them maybe half a year back for underpaying, and SAG and DGA members also get the
by FreakLegion 4y ago
Netflix pays residuals. In fact the WGA won a fairly hefty arbitration against them maybe half a year back for underpaying, and SAG and DGA members also get them.
- gamblor956 4y agoYeah, you're technically right. Residuals refers to two things: licensing income royalties, and ongoing royalties. Ongoing royalties, i.e., the traditional meaning of residual, refers to royalties paid on the basis of ongoing views or sales. Netflix does not do this. Licensing income royalties are owed when a movie is licensed. They are included in the term "residual" because all film libraries, except Netflix, continue to license out their IP on an ongoing basis. Netflix does not; they shop their IP once at the beginning and then never again. I was referring to the former, not the latter, because the GP is talking about syndication residuals. My bad for forgetting that people on HN like to miss the forest for the trees.
- FreakLegion 4y agoNetflix pays ongoing residuals. These aren't secret agreements, you can find good overviews from the guilds and even read the legalese. The WGA's explanation [1] for example is very clear, and it's been discussed at length over the years on the Scriptnotes podcast [2] (both hosts have been WGA board members and directly involved in strikes and collective bargaining). > My bad for forgetting that people on HN like to miss the forest for the trees. Yeah no. You were wrong. Suck it up instead of being passive-aggressive insulting. Your argument was based on the claim that Netflix "does not pay residuals", which isn't true. It wasn't true as initially written, and it still isn't true rewritten as "ongoing royalties". Netflix pays yearly residuals for as long as they keep something on their platform. Being wrong isn't a big deal, unless you inexplicably double down on it and start insulting people. 1. https://www.wga.org/members/finances/residuals/hbsvod-programs https://www.wga.org/members/finances/residuals/hbsvod-progra... 2. https://en.wikipedia.org/wiki/Scriptnotes https://en.wikipedia.org/wiki/Scriptnotes