By next year’s Cannes Film Festival, unless some unforeseen events occur, it will no longer be possible to license films to specific territories.
In Q4 2016, 77% of respondents would only like to pay for the channels they watch, up 3% y-o-y. Pricing expectations are in contrast to what they are paying.
Paramount will not receive the $1 billion in slate funding from China’s Shanghai Film Group, and Hua Hua Media. A source said, the “Paramount deal is dead.”
China’s Recon Group plans to buy a majority stake in genre-distributor Millennium Films for $100 million.
Xinke, a Chinese copper processing company revoked their offer to acquire 80% of Voltage Pictures for $350 million.
In an unsurprising decision that many industry followers have expected, Paramount Pictures’ CEO Brad Grey is leaving the studio after 12 years.
Love them or hate them, Netflix and Amazon are shaking loose cobwebs from the film market. The momentum from Sundance has sellers optimistic.
After $1 billion writedown Sony Corp. announced that it does not plan to sell Sony Pictures. The company is under pressure to sell after mounting losses.
The media industry’s increasing dependence on Chinese capital sets up a crisis once the chickens of China’s property market come home to roost.
Is the European Commission’s Digital Single Market strategy destroying Europe’s independent film business in favor US-based technology firms?