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With Hollywood’s historic double strike shining a light on who benefits when a show becomes a streaming hit, the surprise resurgence of “Suits” presents a unique case study for a residuals model that actors and writers say is broken.
After its run on USA Network from 2011 to 2019, the legal drama set a new weekly record as the most-viewed acquired streaming title during the last week of June. The drama series starring Patrick J. Adams and Gabriel Macht logged 3 billion minutes from June 26 to July 2, then shattered its own record, gathering 3.7 billion viewing minutes in a single week. Overall, it garnered over 12.8 billion minutes of viewing across Netflix and Peacock from June 19 to July 16.
How much did the streamers make off that runaway success? It’s hard to say. When a syndicated show runs on broadcast or cable, it runs with ads, providing a clear revenue stream linked to viewership.
After its run on USA Network from 2011 to 2019, the legal drama set a new weekly record as the most-viewed acquired streaming title during the last week of June. The drama series starring Patrick J. Adams and Gabriel Macht logged 3 billion minutes from June 26 to July 2, then shattered its own record, gathering 3.7 billion viewing minutes in a single week. Overall, it garnered over 12.8 billion minutes of viewing across Netflix and Peacock from June 19 to July 16.
How much did the streamers make off that runaway success? It’s hard to say. When a syndicated show runs on broadcast or cable, it runs with ads, providing a clear revenue stream linked to viewership.
- 8/15/2023
- by Loree Seitz
- The Wrap
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