Did streaming services approach the South African market and invest in local production for our benefit or solely for their profit? Asks Jack Devnarain.
from 1978 and its companion Performers' Protection Act from 1967 are overdue for revision. The proposed changes would be positively transformative for the local film industry.
They further claim that over 7 000 jobs were created by Netflix productions in South Africa over the past seven years. How, then, is it not possible for them to know why viewers have subscribed? They claim the draft provisions would prevent producers, authors, and performers from choosing between different forms of remuneration — such as an up-front lump-sum payment in lieu of royalties. Disingenuous as it is to suggest that local performers have ever had a choice in their manner of remuneration, Netflix has missed the point altogether.– is the upfront buy-out option.
In addition, local productions are being dubbed into foreign languages, further extending their reach into new markets. Local producers should benefit from those increased earnings, but the producers' share is nil with the way Netflix insists on licensing content.Netflix's reaction to the very legislation designed to ensure fair compensation for local creators is really telling.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India’s export cuts threaten West Africa’s rice supplies - The Africa Report.comExport restrictions imposed by India, the world’s largest rice exporter, are complicating supplies to the region, especially Côte d’Ivoire and Guinea.
Read more »
Elections 2024: Fact-checking opposition claims about crime, jobs and voting in South Africa - LNNAs formations to unseat the ruling party ahead of the 2024 general elections begin to take shape, claims are being made about what the opposition says is the poor state of the country. Are they all correct?
Read more »
Big changes for FICA and trusts go live in South AfricaSections of the FICA Amendment Act are now live – as South Africa strengthens its fight against corruption.
Read more »
Big fight brewing over ‘irrational’ smoking and vaping laws in South AfricaTobacco group Philip Morris says South Africa’s new smoking and vaping laws have messed up by trying to treat the two vices as the same thing.
Read more »