Top talent agencies back law forcing streamers to spend 50% on indies
Variety’s Todd Spangler reports that CAA, WME and UTA founded the American Entertainment Alliance with producers like Blumhouse and Legendary, pushing legislation requiring streamers to spend half their content budgets on independent productions and reverting licensing rights to producers.
Why it matters. If enacted, the mandate would strip streamers of greenlighting control over half their budgets and shift leverage back to independent producers.
Signal from variety.com · Todd Spangler · read the original.
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