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BIG Money for a short story: Netflix buys Understudy short story for $1 million with Lord Miller, Yeun producing

Netflix has set up drama Understudy, based on Nicholas Binge’s short story, for development with Phil Lord, Chris Miller and Steven Yeun executive producing.

Signal from deadline.com · Nellie Andreeva · read the original.

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Emmys ratings sink 10%, but Apple TV dominates with 29 wins

This year’s Emmys drew just 6.7 million viewers, down 10% from last year, even as NBCU touted 133 million social video views.

Disney unwinds DTC co-presidency, hands Adam Smith sole control

Six months after naming Adam Smith and Joe Earley co-presidents of direct-to-consumer, Disney has made Smith sole leader as Chairman, Direct-to-Consumer. Earley moves to Disney Entertainment Television to run franchise and content strategy under Debra O’Connell.

New study puts streaming tech spend at 16.4% of revenue

Bedrock and DPP surveyed 15 major US and European streaming platforms and found a median “Streaming Platform Ratio” of 16.4% of revenue spent on tech, versus Netflix’s disclosed 10%.