After Netflix launched an ad-supported subscription service in November of last year, series creators are demanding more money from the streaming giant.
According to Jeremy Zimmer, president of the US’ United Talent Agency, this strategy “changes the game” in terms of how the streamer should compensate creative talent, according to the IANS.
“A successful show will attract more advertisers, resulting in increased revenue for Netflix. As a result, our clients who created that show should be compensated for the extra revenue,” Zimmer was reported to have said.
On November 3, 2022, Netflix launched the “Basic with Ads” plan for $6.99 per month, compared to $9.99 to $19.99 per month for an ad-free subscription.
According to reports, approximately 9 percent of Netflix subscribers in the United States have opted into the streaming service’s new “Basic with ads” streaming plan.
To compensate for slowing subscriber growth, Netflix launched its ad-supported service.
However, the company has long opposed profit-sharing agreements with creative agencies.
Previous rules, according to Zimmer, were tied to an ad-free platform.
“There’s a different revenue stream coming in that they said wouldn’t be there,” Zimmer explained.
Reliance Jio prepares for mega IPO; seeks regulatory nods
Actor Shilpa Shetty to host cooking comedy show ‘Maa Hai Na’
MIB further tweaks TV ratings rules, tightens governance norms
Odisha mulls starting TV channel dedicated to Lord Jagannath
MIB extends by 4 weeks ban on news channels’ TRP by BARC India
Prime Video sets Nov 11 release for ‘The Rings of Power’ S3
TribeVibe Entertainment wins Five WOW Awards at shows of India Conclave 2026
Bullet Microdrama app brings Saatvik Goel on board
Moneycontrol elevates Ankit Fitkariwala as CEO – Lending
RunnTV introduces time-shift feature for FAST channels 

