Contracts and Deal-Making in the Age of Streaming

In this episode of Law, disrupted, host John B. Quinn is joined by Robert Schwartz, Partner at Quinn Emanuel’s Los Angeles office, and Co-Chair of the Media & Entertainment Industry Practice. Bobby has a nationally recognized reputation for his work in large-stakes, high-octane, and precedent-setting cases that are notably in the entertainment and media fields.

The conversation begins by analyzing the rise of Netflix and its disruption to intellectual property, distribution arrangements, and licenses. With an initial business model based around renting DVDs, they explore how it became a pioneer in streaming services by capitalizing on the desire for personalization, especially among the millennial audience.

The discussion moves on to address a rise in subscriptions to paid streaming services during the pandemic, and how this has in turn affected movie theaters, attracting talent, and the theatrical exhibition business. They examine Village Roadshow’s lawsuit against Warner Bros regarding the day-and-date release strategy of ‘The Matrix Resurrections,’ and debate whether hybrid releases could be the future of the movie industry.   

Together they talk through some of the legal challenges arising from contracts agreed prior to the integration of new streaming technology, discuss how broadcast TV is polishing up their traditional offerings with affiliated on-demand streaming services, and break down what deal-making could look like for the entertainment industry hereafter.