Latest – Page 17

Can Trump’s Treasury Secretary Mnuchin Shake Fraud Lawsuit?

June 20, 2017 FilmTake Comments Off

RKA Film Financing is suing Relativity Media for misappropriating funds meant to finance advertising budgets for future releases, into the troubled company.

The End of Film Territories in Europe is Closer Than You Think!

June 18, 2017 FilmTake Comments Off

By Cannes Film Festival 2018, unless some unforeseen events occur, it will no longer be possible to license films to specific territories.

Netflix Will License Original Content to China’s iQiyi

April 25, 2017 FilmTake Comments Off

Censorship and foreign content restrictions will limit Netflix’s ability to transition their licensing agreement with iQiyi into a meaningful foothold.

Inside Baidu’s Hollywood Expansion

April 24, 2017 FilmTake Comments Off

Since launching in 2010, iQiyi has accumulated the most paid SVOD subscribers in China, however, calculating an accurate subscriber base is challenging.

Broadcast & PayTV

Update: MGM is Sole Owner of Epix

April 6, 2017 FilmTake Comments Off

After a decade of digital partnerships, studios and distributors are moving towards a wholly-owned strategy.

Barclays UK Launches a £100M TV Production Loan Program

March 30, 2017 FilmTake Comments Off

“The rise in popularity of SVOD services led the Barclays Media team to consider how it could improve the types of funding provided to better support its TV clients.”

Profit at IMAX China Fell 13% in 2016

March 30, 2017 FilmTake Comments Off

After the slowest growth rate in a decade at China’s box office, the Shanghai-based subsidiary of IMAX Corp. saw net profit fall 13% from 2015.

The “Netflix of China” Signs Streaming Deal with Warner Bros.

March 26, 2017 FilmTake Comments Off

China’s iQiyi online video service entered into a streaming output agreement with Warner Brothers.

Paramount Pictures Deal is Dead

March 21, 2017 FilmTake Comments Off

Paramount will not receive the $1 billion in slate funding from China’s Shanghai Film Group, and Hua Hua Media. A source said, the “Paramount deal is dead.”

Streaming

Cable TV is Doomed!

March 7, 2017 FilmTake Comments Off

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.

UPDATED: China’s Recon Group Plans Buyout of Millennium Films

March 5, 2017 FilmTake Comments Off

China’s Recon Group plans to buy a majority stake in genre-distributor Millennium Films for $100 million.

Changing Exhibition Markets and Practices

March 1, 2017 FilmTake Comments Off

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

February 22, 2017 FilmTake Comments Off

Update: Dick Clark Productions sues Dalian Wanda for $25 million after the Chinese conglomerate failed to complete it’s $1.07 billion buyout.

Distribution

Power Failure for Voltage Pictures Deal

February 21, 2017 FilmTake Comments Off

Xinke, a Chinese copper processing company revoked their offer to acquire 80% of Voltage Pictures for $350 million.

Distribution

Paramount Pictures: How Not to Run a Studio

February 19, 2017 FilmTake Comments Off

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

February 12, 2017 FilmTake Comments Off

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

February 12, 2017 FilmTake Comments Off

Wang Jianlin, chairman of Wanda Group, warned the U.S. last week against implementing protectionist measures for media assets.

Distribution

Leaderless Sony Pictures $1 Billion Writedown

February 5, 2017 FilmTake Comments Off

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.