Netflix plans to release 80 films in 2018; nearly as many as all six major studios combined.
It’s hard to imagine Amazon leaving Sundance this year with a big-dollar prestige film like years past.
In 2017, North American theatrical admissions fell to 1992 levels. Admissions in the U.S and Canada dropped 6% to 1.23 billion tickets sold.
As Cineworld prepares to buy Regal, is AMC, the world’s largest cinema owner, also for sale? Six companies have approached AMC since September.
No longer will taxpayers and producers be able to use EIS structures that solely finance production tax credits, presales, and other guaranteed funds.
Sony Pictures’ co-financing partner, LStar Capital, informed the studio at the last minute that they would no longer invest in Sony’s slate.
If reports from China are to be believed (clearly they cannot), a company with $19 million in revenue was going to finance $1 billion of Paramount’s slate.
Mismanagement of Sony’s film unit over the years has propelled the studio into a downward spiral. Sony is under pressure by investors to sell the film unit.
By Cannes Film Festival 2018, unless some unforeseen events occur, it will no longer be possible to license films to specific territories.