Prince Harry and Meghan Sign Huge Netflix Deal

The transcript discusses Netflix's strategy of signing deals with major public figures like the Obamas and the royal family to enhance its global appeal. It highlights the impact of the pandemic on production schedules and the competition between streaming services like Netflix and Amazon for old reruns and blockbuster films. The concept of 'pay one deals' is explained, focusing on their importance to cable networks like HBO and Starz. Finally, the release of Disney's Mulan directly to streaming is examined as a test of the premium video on demand model.

What challenges do studios face when renegotiating deals for old movies?

Discuss the potential impact of Disney's direct-to-streaming strategy on traditional movie theaters.