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The Impact of the Netflix Strike on Consumers
Netflix paid more and residuals last year than they've ever paid. TikTok doesn't have any of these problems. The younger generation who the advertisers love who no longer have original scripted TV series coming out in fall, you can bet that instead of watching Jimmy Kimmel or Stephen Colbert people are not going to return. Netflix should be sitting down with the studios and saying, we're going to present a unified joint force across the entire industry. Anytime my work informs an LLM, you, the studio, need to be compensated and so do I. That's the negotiation that needs to happen here.