As creators increasingly move into Hollywood, deal terms can put their IP at risk
News Source : Digiday
News Summary
- Creator-led content is being pitched across the entertainment spectrum from TV to micro dramas and even theater.
- Digiday spoke with three agency and media execs, two creators, and a creator economy lawyer about how these deals are financed and distributed.
- They also warn that Hollywood’s rush to replicate hits like Obsession and Backrooms could produce a spate of poor-quality, under-developed creator-led projects in the next few years.
- In some cases, companies solely license existing IP, like Netflix recently acquiring the rights to Amelia Dimoldenberg's Chicken Shop Date.
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