Netflixwill have to pay a large sum because of a fight between the screenwriters. Writers Guild of America An institution named Netflix won the right to be paid $ 42 million in the case of the screenwriter, which included 216 feature films. WGA is also charging an additional $13.5 million in interest for late payment.
As you know, recent times have been quite challenging for streaming giant Netflix. The company, which has suffered serious financial losses due to reasons such as password sharing, will now have to pay a penalty on top of these.
Netflix will also pay $ 42 million after all the losses!
WGA accused Netflix of trying to save on writer’s salary. Allegedly, movie screenings must be paid for on revenues earned in a particular market. However netlix This does not appear to have honored the agreement. Netflix allegedly paid the screenwriters a “significantly less” share of the cost of the film.
WGA was ultimately right in its lawsuit. There has been a previous victory over Bird Box, the movie starring Sandra Bullock. A reviewer found that Netflix significantly underpaid a screenwriter. The officer had ordered Netflix to pay the author $1.2 million in interest. Netflix has been asked for comment on the matter, but the company remains silent for now. We can say that the company has been going through very difficult times lately. Despite all its efforts, the company, which has experienced a decrease in its income, is trying different methods.