The Entertainment Industry's Metamorphosis: the Netflix Effect
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Description
Welcome back to the Independent Filmmaker's Guide. What if we told you that Netflix, your go-to for binge-watching, has not just altered your viewing habits but also rattled the very foundations of the entertainment industry? It is true, but what is unclear is if that is a good thing or even sustainable. Netflix and other streaming enterprises' entry into the scene has caused a seismic shift that has reshaped the way we understand entertainment - from revolutionizing consumption patterns to influencing pay scales and labor conditions. Join us as we navigate this game-changing landscape, starting from the historical strike where SAG-AFTRA joined the WGA, right up to the pressures it put on the AMPTP to return to negotiations. Today we explore the intricate maze of 'interim agreements' and 'waivers', and their role in this evolving scenario. Learn about the structure of the AMPTP, the dynamics between traditional and innovative parties, and the bridging role that Netflix plays. We discuss how traditional media companies tried to transform themselves to keep pace with Netflix, resulting in a drastic shift in their business models. Lastly, we delve into the impact of Netflix's entry into the AMPTP in 2019 and how it changed the dynamics of union negotiations. Tune in for an engaging discussion that uncovers the dramatic transformation of the entertainment industry over the years. More information about all this, and how to support - be it with donations or showing up on the picket lines, and all updates, go to SAGAFTRASTRIKE.ORG A quick reminder, no matter where you are listening to us, if you could rate us and drop us a review on Apple Podcasts, we’d be so grateful - it really helps us spread the news and build the community. If there are any topics you'd like us to cover, join us over at IFG Discord and enter the chat And be sure to check out our other podcast, HAPPY HOUR FLIX, about all things Nostalgia and Movies we love.  Thank you! IFG | How Movies Get Made
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