Hollywood coalition pushes Congress to force streamers to share content spend
Puck reports that a new coalition including CAA, WME and UTA is lobbying Congress for fin-syn-style rules forcing streamers with 10 million-plus U.S. subscribers to direct half their content spending to independent producers.
Why it matters. If enacted, Netflix and other large streamers would lose exclusive control over half their original programming, shifting leverage back to independent producers.
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