Netflix is the big bad of the dual strike, portrayed as the streaming disrupter that made the industry reshape its business models and gutted residuals.
But what if Netflix could be… the hero?Michael Pachter, entertainment analyst and managing director at Wedbush Securities, believes Netflix could be the first of the AMPTP giants to settle.
Not that they’re necessarily “willing” to give in to any demands now or in the near future, he said, but they “should consider this.”Pachter first raised this possibility on an episode of Matthew Belloni’s podcast “The Town,” speculating that Netflix could compromise on data transparency and agree to the guilds’ residual demands.“They unilaterally step out and strike a deal.
That pressures everyone else to incur even greater losses, which they probably won’t do,” Pachter said on the podcast.
“It’s absolutely going to impact everybody, but the guy who settles first looks like the hero,…
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