Why Streaming Giants Are Offering 90% Less for Indie Films

Why are major streaming platforms suddenly offering pennies on the dollar for multi-hundred-thousand-dollar documentaries? Director Pat Taggart (No One Died: The Wing Bowl Story) exposes the harsh post-COVID market collapse in streaming acquisitions. He breaks down how streamer overspending during pandemic lockdowns caused film valuations to plummet—and reveals the predatory contract traps major production studios use to strip indie filmmakers of their credits, IP, and backend profits.