Cable TV is Doomed!
The days of cable television are numbered after the launch of YouTube TV in the U.S. The will cost $35 a month for a family plan with at least 40 channels.
News, Insights, and Exclusive Intelligence
Last Year Canal+ Lost 500,000 Subscribers in France
With increased competition from Netflix and Amazon, Canal+ lost a half of million subscribers in France during 2016.
UPDATED: China’s Recon Group Plans Buyout of Millennium Films
China’s Recon Group plans to buy a majority stake in genre-distributor Millennium Films for $100 million.
Changing Exhibition Markets and Practices
Wanda Group is in the position to transform theatrical exhibition markets in English-speaking territories.
Update: Wanda’s Buyout of Dick Clark Productions Falls Apart
Update: Dick Clark Productions sues Dalian Wanda for $25 million after the Chinese conglomerate failed to complete it’s $1.07 billion buyout.
Power Failure for Voltage Pictures Deal
Xinke, a Chinese copper processing company revoked their offer to acquire 80% of Voltage Pictures for $350 million.
Paramount Pictures: How Not to Run a Studio
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
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
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
Love them or hate them, Netflix and Amazon are shaking loose cobwebs from the film market. The momentum from Sundance has sellers optimistic.