Distribution

Screens to Streams: The Evolution of Film Release Windows in Europe (Part Two)

Europe’s film sector has relied on territoriality and rigid release windows to maximize the economic potential of films. Part Two explores the EU’s capitulation to the major studios, the post-lockdown theatrical landscape, and public support rules to preserve traditional release windows.

Streaming

Netflix Halts Subscriber Reporting: Rapid Growth Era Coming to an End

Netflix is once again disrupting the entertainment industry by announcing it will no longer regularly report its subscriber numbers. This move undermines data transparency and attempts to divert investor attention from stagnating subscriber growth to revenue and profit metrics instead.

Exhibition

Hollywood’s Summer Slump: Sequel Saturation and Box Office Blues

So far, 2024 has seen a dramatic decline in theatrical revenue, exacerbated by the absence of major releases due to delays associated with industry strikes. Box office numbers have suffered significantly, with fewer original films to draw audiences back to theaters.

Production

UK’s New Film Tax Credit Attracts US Producers Igniting Optimism

The UK’s Independent Film Tax Credit (IFTC), starting April 2025, offers a 53% Audio-Visual Expenditure Credit for films under £15 million. While boosting UK interest at Cannes, concerns about financing and costs remain. Rising US streamer influence and production expenses challenge UK independents, demanding global strategies for sustainability.

Distribution

Inside Cannes 2024: Adapting to Struggles and Shifts in the Independent Film Market

At this year’s Cannes, there’s a mix of optimism and weariness. High asking prices and low theatrical demand are notable. Streamers like Apple and Netflix lead significant acquisitions, sidelining traditional distributors. The market remains cautious, focusing on star-driven projects and strategic financial planning.

Distribution

The Struggle to Shine: Steering Through the Post-Theatrical Era

The independent market is at a crossroads. Traditional strategies are no longer effective, and the task of bringing audiences back to cinemas remains daunting. Insiders are actively pursuing solutions to these seemingly insurmountable challenges. Despite these obstacles, some believe the film industry is on the verge of recovery.

Distribution

Cannes Conundrum: Navigating the New Realities of the Independent Film Market

A significant concern voiced since the start of Cannes is the noticeable absence of US theatrical deals. This void has a cascading effect on international distribution. Films without a US distributor face deteriorating values over time, making it increasingly challenging to recoup production budgets.

Distribution

All Eyes on Cannes After Strong Sales at EFM and Sundance

Given the number and quality of projects at Sundance and EFM Berlin, there is a feeling of cautious optimism going into Cannes next week. This year’s Cannes will launch a new Cannes Remakes initiative focusing on remaking European films, with a focus on France, Italy, and Spain.

Streaming

Europe Wants More Production Support from US Streaming Services

Over 20 production entities spanning Europe and beyond have united forces, embarking on a mission to rally local governments to champion the cause of regional film and television creators and urge major US streaming platforms to amplify their support for locally produced content.

Streaming

Who’s Thriving and Who’s Struggling: Annual Streaming Scorecard Part Five

It’s difficult to overstate the disastrous few years Warner Bros. has experienced under inept leadership. Boosting one of the most desirable film and television catalogs, the company has stumbled over every vital decision since 2020. WBD’s financials reflect the industry’s broader issues.