The current inadequate condition of streaming residuals highlights the reasons behind the strikes by SAG and the WGA.
‘Suits’ Was Streamed For 3 Billion Minutes on Netflix and the Writers Were Collectively Paid $3,000
Disney Takes a $1.5 Billion Content Write-Off After Removing Shows From Their Platform
We have previously discussed how studios and streamers are pulling movies and TV shows, and the question arose of whether we could quantify the financial impact of these actions. Now, public records have surfaced revealing the tax write-offs Disney is claiming as a result of removing content that was the result of hard work by writers and directors.