Netflix Denies Changes to Talent Compensation Model

Netflix Chief Content Officer Bela Bajaria has firmly stated that the company will not alter its compensation model for creators, despite widespread media speculation suggesting otherwise. At the Bloomberg Screentime conference, she emphasized that Netflix's current model has been effective for talent and filmmakers, and described reports about potential changes as 'total fabrications.' While acknowledging a couple of bespoke deals that allow talent to share in a film's success, Bajaria clarified that these instances are not indicative of a broader shift in strategy. She also highlighted that Netflix remains committed to its established practices, even as the business landscape evolves. Bajaria's comments come in the wake of rumors linking Netflix to new compensation structures similar to those being explored by competitors like Apple TV+. Overall, she reiterated that Netflix's approach has consistently worked well and is not changing.