February 2017 » FilmTake

Update: Wanda’s Buyout of Dick Clark Productions Falls Apart

February 22, 2017 FilmTake Comments Off

Update: Dick Clark Productions sues Dalian Wanda for $25 million after the Chinese conglomerate failed to complete it’s $1.07 billion buyout.

Distribution

Power Failure for Voltage Pictures Deal

February 21, 2017 FilmTake Comments Off

Xinke, a Chinese copper processing company revoked their offer to acquire 80% of Voltage Pictures for $350 million.

Distribution

Paramount Pictures: How Not to Run a Studio

February 19, 2017 FilmTake Comments Off

In an unsurprising decision that many industry followers have expected, Paramount Pictures’ CEO Brad Grey is leaving the studio after 12 years.

China Expected to Officially Expand Film Quotas

February 12, 2017 FilmTake Comments Off

China’s top film regulator, announced through state-run news sources that a quota expansion is likely in the coming months.

China Warns the US About Protecting Media Assets

February 12, 2017 FilmTake Comments Off

Wang Jianlin, chairman of Wanda Group, warned the U.S. last week against implementing protectionist measures for media assets.

European Film Market: Netflix and Amazon Propel Competition

February 12, 2017 FilmTake Comments Off

Love them or hate them, Netflix and Amazon are shaking loose cobwebs from the film market. The momentum from Sundance has sellers optimistic.

Distribution

Leaderless Sony Pictures $1 Billion Writedown

February 5, 2017 FilmTake Comments Off

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.

Can Lionsgate Challenge the Studios Once Again?

February 4, 2017 FilmTake Comments Off

After a string of massive hits, Lionsgate traveled full circle in 2016 when its top-grossing domestic film was Boo! A Medea Halloween.

The Future of Film Markets

Distribution

January 17, 2021 Comments Off

Many uncertainties surround the format and nature of film markets in 2021. All significant markets scheduled in the first quarter will be virtual.

The Lasting Effects

Broadcast & PayTV

January 12, 2021 Comments Off

As a result of diminishing content availability precipitated by production delays and cancellations, there will be large programming gaps for traditional television networks and OTT platforms to fill over the next two years.

Netflix Subscriber Plateau

Streaming

January 6, 2021 Comments Off

Forced stay-at-home orders propelled Netflix’s fastest subscriber additions in its twenty-three history. The streaming leader added 26 million subscribers in the first half of 2020, making it one of the biggest lockdown economy winners.