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Netflix Becomes First Streaming Company To Join the MPAA (hollywoodreporter.com)

Posted by BeauHD on from the welcome-to-the-club dept.

An anonymous reader quotes a report from Hollywood Reporter: Netflix has joined the membership ranks of the Motion Picture Association of America alongside the six major Hollywood studios, the top lobbying group said Tuesday, The unprecedented move -- coming on the same day that the streamer landed its first Oscar nomination for best picture -- was endorsed by Disney, Fox, Paramount, Sony, Universal and Warner Bros. It is the first time in history that a non-studio has been granted entry. It also is a defining moment for MPAA chairman-CEO Charles Rivkin 18 months into his tenure. The Netflix-MPAA union coincides with the streamer becoming a card-carrying member of the Oscar race after securing an unprecedented 15 nominations on Tuesday morning. Netflix CEO Reed Hastings and Sarandos are intent on upping the company's profile as a legitimate force in the movie business, and joining the MPAA will further that goal. Additionally, once Fox is merged with Disney, the MPAA will have one less member, meaning a loss of as much as $10 million to $12 million in annual dues. Sources say the MPAA is courting other new members as well (Amazon could be a candidate). Prior to joining the MPAA, Netflix "departed from the Internet Association -- a major industry trade group representing tech companies including Google, Amazon, and Facebook," Engadget notes. "Netflix had been a member of the internet association since 2013."

4 of 139 comments (clear)

  1. Not a studio? by Nidi62 · · Score: 4, Informative

    It is the first time in history that a non-studio has been granted entry.

    According to Wikipedia, Netflix has created well over 300 programs/series (stopped counting at 300 and still had a ways to go) and over 200 films. Tell me again how they aren't a studio at this point?

    --
    The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
    1. Re:Not a studio? by GrumpySteen · · Score: 4, Informative

      Well, for one thing, they actually hired third party studios to make those shows and movies for them. They did purchase ABQ Studios at the end of last year, which is probably a big part of why they joined the MPAA at this point.

  2. Re:Bigotry by Desler · · Score: 3, Informative

    What amazing MAGAtard logic. Saying something mean on the Internet means you deserve to get a mail bomb sent to you in retaliation.

    You will also notice his bombs weren't real.

    Yeah you MAGAtards did try to claim that yet the police said otherwise.

    Nobody was hurt, but the bombs were real, officials said.

    "These are not hoax devices," FBI Director Christopher Wray said.

    https://www.nbcnews.com/news/u...

    Facts are so inconvenient, right?

  3. Re:HAHAHAHAHAHAHA by Red_Forman · · Score: 3, Informative

    https://knowyourmeme.com/memes...