Netflix Co-CEO Ted Sarandos revealed why the studios walked away from the negotiating table with SAG-AFTRA late on October 11. According to him, the actors guild came in with a new proposal that was simply “a bridge too far to add this deep into negotiation.”
Sarandos, speaking at the Bloomberg Screentime conference, said that SAG-AFTRA wanted a “levy” on subscribers. As the interviewer Lucas Shaw of Bloomberg said, they wanted basically taking a certain amount of money for every subscriber to a streaming service. Netflix has 238 million subscribers globally.
