After last year’s acquisitions lull at Sundance, especially by Netflix and Amazon, this year’s festival produced a number of megadeals.
Check out a comprehensive list of high demand films at this year’s European Film Market.
The deep pockets of digital distributors have inflated the average price of film rights at Sundance and other major film festivals.
Perhaps the biggest revelation from Netflix’s earning call last week is the admission that they are “ready to pay top-of-the-market prices for…”
Amazon and Netflix both walked away from the opportunity to acquire Landmark Theaters.
Netflix gauged the climate in Europe perfectly, first by increasing funding to produce more local content, and by forging licensing deals with local content partners.
Amazon is preparing to acquire Landmark Theaters according to unnamed sources. Fewer and fewer Americans are going to the theater, but those that do are spending more and more.
Netflix is the most popular SVOD service in the UK, with an estimated 9.2 million subscribers, which for the first time is more than PayTV subs.
Cable companies are buying distributors and content creators in a final attempt to cripple streaming services.
For three straight years, television and home video markets in the United States have lost subscribers. This downward trend is accelerating and shows no signs of abating.