A few years ago, it seemed every week there was a new eight- to nine-figure deal between a high-profile writer-producer and a Hollywood studio or streaming service.
Lucrative mega-deals made people like Shonda Rhimes, Ryan Murphy and J.J. Abrams essentially in-house producers for entertainment companies that were in an arms race to lock down top-tier talent for the streaming wars. But as subscriber growth on streaming services has slowed down, companies are analyzing whether it’s worth it to renew the deals.
Lucrative mega-deals made people like Shonda Rhimes, Ryan Murphy and J.J. Abrams essentially in-house producers for entertainment companies that were in an arms race to lock down top-tier talent for the streaming wars. But as subscriber growth on streaming services has slowed down, companies are analyzing whether it’s worth it to renew the deals.
Lucrative mega-deals made people like Shonda Rhimes, Ryan Murphy and J.J. Abrams essentially in-house producers for entertainment companies that were in an arms race to lock down top-tier talent for the streaming wars. But as subscriber growth on streaming services has slowed down, companies are analyzing whether it’s worth it to renew the deals.