Box Office

Exhibition

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

June 11, 2024 FilmTake Comments Off on 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

May 28, 2024 FilmTake Comments Off on 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.

Exhibition

Cineworld Nears Bankruptcy

March 15, 2020 FilmTake Comments Off on Cineworld Nears Bankruptcy

As the coronavirus threatens to close movie theaters in the US and beyond, Cineworld has warned that there is “significant doubt about the group’s ability to continue as a going concern.”

Streaming

Disney Aims At Netflix

February 6, 2020 FilmTake Comments Off on Disney Aims At Netflix

Disney+ nearly triples its subscriber base since launching in November. Through January, the streaming service has 28.6 million subscribers, up from 10 million weeks after it debuted.

Streaming

Sony Shutters Streaming Service

January 8, 2020 FilmTake Comments Off on Sony Shutters Streaming Service

Sony Pictures is shutting down its PlayStation Vue streaming television service in the first quarter of 2020. Rising content costs and a plethora of choices have made the service untenable.

Distribution

Box Office Declines

January 6, 2020 FilmTake Comments Off on Box Office Declines

The box office in North America was down almost 5% from 2018 even after rising ticket prices, and despite a slew of mega-budget franchise films being released.

Production

Fox Falters

September 4, 2019 FilmTake Comments Off on Fox Falters

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.

Sony Pictures
Production

Is Sony Pictures for Sale?

June 28, 2017 FilmTake Comments Off on Is Sony Pictures for Sale?

Mismanagement of Sony’s film unit over the years has propelled the studio into a downward spiral. Sony is under pressure by investors to sell the film unit.