Netflix Must Pay Writers Residuals of $42 million

The Writers Guild has scored a $42 million arbitration award against Netflix for unpaid residuals.

The arbitration involved the Sandra Bullock feature Bird Box. The picture was released for a brief theatrical run before moving to the streaming service. The Guild asserted that this triggered theatrical residuals under the WGA Agreement. Under this formula, the writer gets paid 1.2% of the producer’s gross receipts from licensing the picture to another medium, including a streaming service…

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