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.
At the Sundance Film Festival, theatrical ticketing service, MoviePass launched a new service to acquire distribution rights in partnership with other buyers.
China’s Recon Group fails to close its acquisition of Avi Lerner’s Millennium Films. All Hollywood-China deals are in peril, as many have failed to close this year.
After $1 billion writedown Sony Corp. announced that it does not plan to sell Sony Pictures. The company is under pressure to sell after mounting losses.