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this post was submitted on 12 Aug 2023
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Doing some math:
The writers that were paid $3000 in the story wrote 11/134 episodes or 8.2%
The episodes are 42 minutes each, round down 2 minutes for skipped credits, divide 3x10^9 by 40 we get:
75 million episodes streamed (approx)
If they wrote 8.2 % of those streamed, then they wrote 6.15 million individually streamed episodes.
So writers got 0.049c per episode streamed or 0.00012c per minute streamed.
The average American watches 160 minutes of TV Video a day, so round that up to 5000 minutes a month, and say $10 a month per sub on that, we get $10 of revenue for 5000 minutes streamed, or 0.2c per minute.
So streaming revenue (using the above math and assumptions) would be 0.2c per minute of which the writers of the content that was streamed got 0.00012c or 0.06%.
Netflix 2023Q2 revenue was 8.18B and expenses were 6.36B.
https://www.macrotrends.net/stocks/charts/NFLX/netflix/revenue
2018 estimate figures the combined Netflix users streamed 164M hours per day
https://www.soda.com/news/netflix-users-stream-164-million-hours-per-day/
14.9Billion hours for that Quarter.
2018 saw 15.8 Billion annual revenue and 14.2Billion in costs. Gives us an estimate of 3.55B in costs for 1 quarter in 2018
894B minutes / 3.55 B in costs = 0.397c in costs per minute streamed.
Out of the 0.397c of costs (0.442c revenue) writers got 0.00012c or 0.0302% of the costs or 0.0272% of the revenue.
/c/theydidthemath