Streaming Buyout Deals Are “Coercive” & A “Considerable Risk” To Creatives, Says European Authors Society
deadline.com“Unfair and coercive” buyout practices are putting creatives at “a considerable risk” and legislation must be implemented to stop them, a collective of authors rights groups has said.
The Grouping of European Authors’ Societies (GESAC) warned that the buyout deals being offered to creatives by the likes of Netflix and Prime Video need “legal solutions at EU level” to ensure “appropriate and proportionate” remuneration is “effectively implemented.” GESAC, which represents 32 authors societies from across the continent, said this would stop “non-EU-based giant platforms imposing U.S.
rules and jurisdiction in their contracts, as it has growlingly been the case.” Remuneration and residuals were among the biggest sticking points during the U.S.
writers strike, while many European countries have been negotiating success-based systems with streamers to ensure their creative talent is paid properly for their content.
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