South Korea has delivered hit after hit for Netflix — but actors barely get paid
nypost.comtold the Los Angeles Times that attempts to arrange a meeting with Netflix — to demand that members be compensated with the same residual model as American members of SAG-AFTRA — have gone unanswered for months.“One of [Netflix’s] first priorities when entering the local market should be to establish some channel of communication with groups like us,” the country’s answer to Fran Drescher said.“But there’s no answer at all.”Residuals have recently been in the news as American actors and writers striking for fair compensation post their often insultingly meager checks, ranging from a single penny to a few dollars.
As opposed to the royalties paid in broadcasting, residuals must be paid in perpetuity to actors in the United States, based on how many times their films and shows are streamed.
The installments hardly amount to a living here at home, but in South Korea — where the cost of labor is already low — they aren’t paid to actors at all.
The employer-friendly setup appears to have enticed the entertainment juggernaut to put down roots — Netflix announced in April that it plans to invest $2.5 billion in the South Korean market alone, over the next four years.
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