The rise of streaming services like Netflix, Hulu and Amazon Prime has changed the way that Americans watch movies. In the past, if you wanted to watch a movie, you would have to go to a theater and pay a premium price for it. With streaming services, you can watch all kinds of movies on your computer, smartphone or tablet for a fraction of the cost. Of course, there are some downsides to this as well. Movie theaters rely on people paying $10-$20 per ticket just so they can make money off those who want to go multiple times in order to see something new every time. The problem is that with streaming services comes court cases where people are trying to get them to pay more money than they should have to in order to show their movies there. Well, one such case is happening right now and it could change how you watch movies as well as change how much money studios make from them. Let’s take a look at what’s going on here and why you should care about it if you own any DVDs or Blu-ray disks
The Court Case You Should Care About
Johnny Depp is in court, trying to block Disney from streaming his movies. This is because he has a contract with the Walt Disney Company that gives him certain rights for a decade. He wants those rights to remain intact and for people to still have to buy his DVDs or Blu-ray disks rather than watch them on streaming services like Netflix or Hulu.
The problem here is that studios make money from DVD and Blu-ray sales too. If people can choose to watch movies on streaming services for free, then less money will be made from DVD and Blu-ray sales, which means less money for the studio – which means fewer movies. Johnny Depp is arguing that the contract isn’t valid anymore because of digital technology and digital media distribution methods.
How Does This Affect You?
If you own DVDs or Blu-rays, you may be concerned about the outcome of this court case. It could change how much money movie studios make when they sell their movies and it could change how much you pay if you want to watch them on streaming services.
The lawsuit is regarding a company called Discreet Logic that makes software that allows content owners to authorize different companies to show their movies on different devices. The company claims that Netflix has been violating the terms of its contract with them by offering its movies for a lower cost than what Netflix agreed to in terms of licensing fees. Netflix denies these allegations and argues that it’s been operating under the terms of its agreement with Discreet Logic from day one.
Everything Else You Need to Know
Johnny Depp is using his fame in order to try and get a digital streaming service, Netflix, to pay more for the rights to show his movies. He’s suing them for $25 million for not paying him enough for their content. The main issue here is that Netflix doesn’t have to pay anything if they don’t want to. They can pick and choose what films they want on their service and the studio doesn’t really care who’s buying the content because it’s digital. This case will change how all of us watch movies because it could make studios think twice before signing a contract with a streaming service knowing they could end up getting sued.
The Movie Studio Involved Is Disney
It’s not a secret that Disney has been trying to sue Netflix for years. It all started when Disney decided to start their own streaming service. After a couple years of spending a ton of money, they realized that it wasn’t worth the investment. They then sued Netflix in an attempt to pay more money for their content so that it could be on that platform and have people watch it on television as well. Well, this case just ended up going to trial and the judge ruled in favor of Netflix and said that they don’t owe anything extra for the content.
This ruling is huge because now studios will have to think about how much they should charge for their films as opposed to just relying on what they can generate from theaters. If you are someone who enjoys going out to movies or seeing films at home, this ruling may make you rethink your movie-watching habits.
The Settlement In Question
The latest case involves one of the most famous actors and studios in the movie industry, Johnny Depp. The actor is suing Netflix for $50 million because they refused to pay him the same amount that he would have been paid if he had starred in a film that was released theatrically.
Depp claims that he would have made more than $2 million for each of his films if they had been released theatrically, which means he’s owed over $56 million from Netflix. However, Netflix only offered Depp a measly $5 milion which leads to this lawsuit.
What Happens Next?
Johnny Depp is suing Netflix for $25 million dollars because they refuse to show his new movie, “The Libertine.” The film has been shown in limited theaters and it is already generating a huge amount of interest from people around the world. Why does Netflix think that it should be shown? Because it is streaming service! But they don’t want the film on their platform because they are afraid of losing money by allowing the film to be streamed there. The case will change how you watch movies as well as change how much studios make from them.
Final Words: Should You Be Worried?
If you own any DVDs or Blu-ray disks, this is a case you should be worried about. The lawsuit that is happening right now could change how streaming services work and how much studios make off of DVDs, Blu-rays and other physical media. So if you have any disks sitting around, I would recommend getting them in the mail as soon as possible so they don’t get lost in the shuffle.
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