Earlier quoted context omitted.
We know that Hollywood cheats on the backend deals anyways in a philosophy known as "Hollywood accounting", so good on Netflix for offering straight deals not subject to the lying and cheating that Hollywood is known for via their accounting.
>We know that Hollywood cheats on the backend deals anyways in a philosophy known as "Hollywood accounting" is this still a thing? if the studio is promising $50k + 5% of "profits", but you know that's going to be $0 because of hollywood accounting (which everyone does), why would you assign that "5% of profits" any value? as a rational actor, you would see the compensation as $50k, nothing more.
Someone poor schmuck is always gonna be one of today's unlucky 10,000 who doesn't know he's getting screwed.