From KCRW, I'm Kim Masters, and this is the business.

One of Hollywood's more outspoken citizens, Blumhouse founder Jason Blum, joins us once again

to share his take on the ongoing strikes. He has thoughts on what's wrong and what needs to

change, including the approach to compensation that's been adopted in the streaming era.

I don't think it's a Netflix problem. It's a streaming model problem. The idea of buying out

talent up front, no matter how the thing they make performs, is a goofy way to make shows and

movies, for sure. That is not just Netflix. That's all streamers. Blum talks about the streamers'

reluctance to share data with

creatives, how he thinks the model should change and why he thinks the distribution of wealth,

including quite a lot of it that goes to him, is unfair. But first we banter. Stick around. It's

the business from KCRW. I am joined by my colleague in banter, Matt Bellany.

Hello, Matt.

Hi there.

So everybody is watching with faded breath with these two ongoing strikes that are

so destructive and not good for anybody.

And there was a moment, you know, maybe a few days ago where it seemed that maybe there

was some progress because I guess the

AMPTP came out with a suggestion and the WGA didn't immediately say it's trash, you're the

worst people in the world. So people were like, hey, maybe there's movement. And then it just

seemed to kind of go away. Yeah, I mean, they're still talking. So it's not like all hope is lost. But this is one of those where, unless you're in the room, it's so hard to read into this. And now we're in the situation where we're heading into the fall season. And things that normally happen in the fall are going to look very different. First and foremost is this fall film festival season, which kicks off with the Venice Film Festival

and then the Tell You Ride Film Festival and the Toronto Film Festival.

And SAG did some interesting stuff this past week.

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