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Can Trump’s Treasury Secretary Mnuchin Shake Fraud Lawsuit?

June 20, 2017 FilmTake Comments Off

RKA Film Financing is suing Relativity Media for misappropriating funds meant to finance advertising budgets for future releases, into the troubled company.

Update: Relativity Media Lawsuit Against Netflix

October 31, 2016 FilmTake Comments Off

The lawsuit never mentions the figure $1.5 billion that was widely ceased upon, and instead, opts for – “amount to be proven at trial.”

Update: Relativity Media Lobs Litigation at Netflix

October 20, 2016 FilmTake Comments Off

Relativity filed a $1.5B lawsuit against Netflix claiming breach of contract and trade libel, which a Netflix’s spokesperson called “baseless and ironic.”

More Trouble for the Starz and Lionsgate Merger

September 5, 2016 FilmTake Comments Off

A Starz Entertainment shareholder on Tuesday August 30th 2016 challenged the company’s proposed $4.4B merger with Lions Gate Entertainment.

Relativity’s Teflon Kavanaugh and Judge Wiles

January 21, 2016 FilmTake Comments Off

Will Relativity’s Kavanaugh be able to escape the legal actions in connection with misappropriating $10 million in P&A capital used to prop up the company?

News: Netflix Favors Time Warner-Charter Merger

January 20, 2016 FilmTake Comments Off

Netflix’s top executive endorsed the pending $55B Charter and Time Warner merger, saying he views it as a positive development for streaming video.

Legal: W2 2016

January 13, 2016 FilmTake Comments Off

The makers of the Machete film franchise did not have their constitutional rights violated when Texas denied their application for a film incentive grant.

Legal

Legal: W52 2015

December 24, 2015 FilmTake Comments Off

A group of small cable providers have complained to the FCC that content providers like AMC Networks Inc. hold too much leverage in carriage negotiations.

Legal: W51 2015

December 14, 2015 FilmTake Comments Off

Suspended California attorney and movie producer Peter M. Hoffman, who is awaiting sentencing in Louisiana for a film tax credit fraud.

The Current State of Film

Production

February 15, 2021 Comments Off

Large programming gaps for films are emerging for traditional television networks and OTT platforms to fill over the next two years.

Streaming Hopping

Streaming

February 8, 2021 Comments Off

At the start of 2020, consumers in the United States subscribed to an average of three paid streaming services, but after months of government-mandated lockdowns, the number has increased to five.

The Future Will Have Ads

Broadcast & PayTV

February 3, 2021 Comments Off

In a recent survey of over 5,000 active online subscribers in the United States and Canada, 81% of respondents wished that paid streaming services like Netflix or Amazon Prime Video offered a free, ad-supported option.

Best Year Yet

Streaming

January 24, 2021 Comments Off

In 2020, Netflix gained 37 million subscribers worldwide, breaking its 2018 record of 28 million new additions. Currently, Netflix has 204 million active subscribers.