Netflix often brings out films or series that are not that old, or for which you pay more in the store than a monthly subscription.
Does Netflix have to pay for movies and TV shows if they want to stream it on them?
And how is that then? Pay for every one watching the movie or series, the full price, as you pay in the store. So that they pay for each person the film individually?
And how do they do that they can stream it legally? Does not that hurt the movie industry?
I also wonder if Netflix will not lose money when uploading movies and TV shows because those series and movies are more expensive than the subscription you pay monthly?
They will definitely have lump-sum contracts.
Depending on the real streaing time + number (quotas), the licensors are involved
Does Netflix have to pay for movies and TV shows if they want to stream it on them?
The exact contract modalities are different for each rightholder. But you can assume that netflix has to pay license fees AND has to pay royalties.
Basically, you pay the grandma to reveal her secret recipe, bake the cake yourself, sell it yourself, and still give the grandma the most of the proceeds on top. Keep the rest.
But does not that hurt the movie industry?
Netflix pays royalties and may show a series or a movie for a certain time.
These contracts are of course negotiated individually for each film and each series.
They'll know if that's worth it for them. For example, they have paid just $ 100 million to continue to show the series Friends for 1 year.
The mass of customers already makes it pay for it.
Thanks, but does not that actually hurt the movie industry?
Some say others say no. I say I hate full cinemas and I'm looking forward to streaming.
Me too, thanks.