The company is seeking to become part of the the MPAA—which sets movie letter ratings and represents studios in IP battles—after recently leaving the Internet Association, which represents tech giants like Google, Amazon and Facebook. The news comes the same day the company received its first best-picture Oscar nomination for Roma. (Variety)
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The company is seeking to become part of the the MPAA—which sets movie letter ratings and represents studios in IP battles—after recently leaving the Internet Association, which represents tech giants like Google, Amazon and Facebook. The news comes the same day the company received its first best-picture Oscar nomination for Roma. (Variety)
Talking point: The shift from the Internet Association to the MPAA—combined with its heavy spending on original movies and TV shows—emphasizes that Netflix is increasingly becoming a content company as well as a tech firm. The MPAA counts Hollywood’s six major film studios, including Paramount Pictures and Warner Bros., as members. Each member of the MPAA pays between US$15 million and US$20 million per year in annual dues—but the association will lose one of its major legacy members, Fox, after the latter’s merger with Disney is completed.
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