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Netflix Joins the Motion Picture Association of America

Postby MrFredPFL » Wed Jan 23, 2019 2:56 am

Story : https://variety.com/2019/biz/news/netflix-mpaa-1203114133/





Netflix has joined the Motion Picture Association of America, a move that reflects its evolution as a major player in the movie business.

The MPAA currently has six major studios as members, and it collected about $38 million in membership dues in 2017, according to its most recent filing with the IRS. But it faces the loss of one of the legacy studio members, Twentieth Century Fox, after the merger of many of its assets with Disney is completed.

“On behalf of the MPAA and its member companies, I am delighted to welcome Netflix as a partner,” MPAA chairman and CEO Charles Rivkin said in a statement. “All of our members are committed to pushing the film and television industry forward, in both how we tell stories and how we reach audiences. Adding Netflix will allow us to even more effectively advocate for the global community of creative storytellers, and I look forward to seeing what we can all achieve together.”

Ted Sarandos, chief content officer for Netflix, said, “Joining the Motion Picture Association further exemplifies our commitment to ensuring the vibrancy of these creative industries and the many talented people who work in them all over the world.”







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