Netflix in Hot Water: Content Shortages, DVD Giveaway Confusion, and Residuals Controversy
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Benzinga
Benzinga
Today’s top stories for Netflix Inc. (NASDAQ: NFLX) focus on the challenges and controversies the company is facing, from the impact of Hollywood strikes on content creation to legal questions surrounding a DVD giveaway, and the ongoing debate over fair residuals for actors. Here’s a rundown of these significant developments. Hollywood Strikes Impact: The ongoing strikes by the Writers Guild of America and the Screen Actors Guild-American Federation of Television and Radio Artists are causing a content drought for streaming services, including Netflix. Traditional media companies like Warner B…