Netflix Age Upends Financing of Film, TV Production

Bloomberg Businessweek: For decades, movie stars and A-list directors have earned both a salary and a share of a movie’s profits, often bolstered by how well a film performs in theaters. But the majority of movies that appear on streaming services don’t get released in theaters. The services pay for them upfront, which means stars, producers, and filmmakers can’t earn the windfalls that come from box-office smashes.