SAG-AFTRA Negotiator Slams Netflix CEO's Levy Remark as Inaccurate; Says Studios Lowballing Compensation Offer
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SAG-AFTRA negotiator Duncan Crabtree-Ireland slams Netflix CEO Ted Sarandos' "levy" remark as inaccurate, inappropriate, and offensive. He says it is not a tax but fair compensation.
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Crabtree-Ireland says the subscriber + viewership formula would cost streamers $500M/year, not $800M like studios claim. Studios ignoring the viewership reduction.
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SAG-AFTRA wanted different residuals than WGA. Goal is to compensate all actors fairly, not just most successful shows.
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Still far apart on minimums. SAG originally sought 15% hike, now wants 11%. Studios at 5%.
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Walking away from talks disrespectful to industry workers. CEOs should stay at table until a deal is reached.