“Black Widow” pits superhero against giant [Reuters]
Netflix, Inc. (NFLX)
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Source: Reuters
Scarlett Johansson has filed a lawsuit against the Magic Kingdom read more over its decision to release her “Black Widow” movie simultaneously in theaters and on its own streaming service . Johansson says Disney's split release lessened her pay, which was tied to box-office sales but not showings on Disney+, under a contract drawn up before Covid-19 hit. The cost of angering the Mouse House isn't small. Disney+ has over 100 million subscribers, thanks to franchises like Star Wars and Marvel. It says the lawsuit is “sad” and “distressing.” The dispute is worth watching because what happens to the “Black Widow” star may give an insight into the power dynamics of streaming. Netflix (NFLX.O) and Amazon.com (AMZN.O) are also paying up for talent to feed their digital services. Netflix recently signed Steven Spielberg and expanded its contract with Disney alum Shonda Rhimes read more . In fighting a box-office superhero, even a giant can overplay its hand. (By Jennifer Saba) On Twitte
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News
- The Best Romantic Comedy Of The Last Year Just Hit Netflix [Forbes]Forbes
- Calculating The Fair Value Of Netflix, Inc. (NASDAQ:NFLX) [Yahoo! Finance]Yahoo! Finance
- Comcast tops revenue estimates on streaming growth, strong park attendance [Reuters]Reuters
- Comcast tops revenue estimates on streaming growth, strong park attendance [Yahoo! Finance]Yahoo! Finance
- Netflix will spend ‘vast majority' of its $17 billion content budget on originals in 2024 despite a deluge of licensed hit shows up for grabs [Fortune]Fortune
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