Netflix has joined the rest of the major studios and broadcasters in putting its final deals — overall and first look — on hold amid the writers’ strike.
The streaming giant was notably missing out on the first wave of letters sent out to presenters last weekend, days after the strike. I heard that Netflix today contacted representatives of the writers and producers on their list to let them know that gross deals for those not in production have been put on hold, with official notifications to follow.
Netflix will cover the salaries of assistants working under these deals for 30 days; Development executives’ salaries are not covered, I hear. Office space will be reviewed on a case-by-case basis.
As production winds down on the remaining series being filmed, the same commenting procedure will apply to those involved.
As reported by Deadline on Sunday, suspending deals is standard practice during the WGA strike. Some agreements are expected to resume after a work stoppage, with hold time added on the back end. Judging by the 2007-2008 strike, a number of agreements were likely to be terminated using the force majeure clause in the writer-producer contracts.
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