There is a mad rush by the most significant content creators, especially streaming services, to utilize the production infrastructure in England as a base of European operations.
After years of declining production activity for Made-For-TV movies, Netflix is accelerating the rate it licenses and produces lower-budgeted movies for its streaming platform.
As multiple streaming services prepare for an intensifying battle over European subscribers, British-made content continues to surge. This content bonanza and bidding wars between buyers are driving up prices for shows.
In the first three months since becoming the new owner of Fox, Disney has publicly complained about Fox’s weak performance and believes there is more trouble on the horizon.
Netflix is banking on a slate of big budget films to attract new subscribers. The streamer is spending over $550 million to make just three big budget films.
To woo subscribers away from Netflix, Disney, AT&T, and Apple are spending big bucks to produce original series content.
Netflix expanded its global footprint with a ten-year lease at the U.K’s Shepperton Studios. The lease grants Netflix exclusive access to a majority of Shepperton including 14 sound stages.
The uneasy marriage between Lionsgate and Starz has been a rocky one from the start. The biggest clash relates to Lionsgate’s television division.
The long-awaited buyout of Fox by Disney, which was announced in December 2017, is officially scheduled to close March 20th.
In recent years, 13 states have ended their film incentive programs. This retreat marks a larger trend of states re-evaluating and reducing film incentive programs.