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Update: Relativity Media Lawsuit Against Netflix

October 31, 2016 FilmTake Comments Off

The lawsuit never mentions the figure $1.5 billion that was widely ceased upon, and instead, opts for – “amount to be proven at trial.”

Update: Relativity Media Lobs Litigation at Netflix

October 20, 2016 FilmTake Comments Off

Relativity filed a $1.5B lawsuit against Netflix claiming breach of contract and trade libel, which a Netflix’s spokesperson called “baseless and ironic.”

Hollywood Welcomes Wanda Group’s CEO Wang Jianlin

October 18, 2016 FilmTake Comments Off

Wanda’s CEO Jianlin is in Hollywood to purchase more media properties. The acquisition of Legendary for $3.5 billion was the biggest Hollywood-China tie-up.

Inside Netflix’s Shocking Subscriber Data

October 18, 2016 FilmTake Comments Off

Netflix reported subscriber data at the close of business on Monday that significantly outperformed expectations. The stock soared – closing up 19.62%.

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UPDATE: Likely Liquidation for Relativity & Lionsgate Buyout

October 16, 2016 FilmTake Comments Off

Relativity could soon hold the dubious distinction of becoming the fastest company in U.S. corporate history to go bust after restructuring.

Netflix Hits the Great Wall of China

October 11, 2016 FilmTake Comments Off

“Disney, which is very good in China, had their movie service shutdown. Apple had their movie service closed down. It doesn’t look good.” – Netflix CEO

Netflix Calls Out Theater Owners

October 11, 2016 FilmTake Comments Off

At The New Yorker’s TechFest event last Friday the CEO of Netflix attacked the theater owners for the lack of innovation in the film business.

Anatomy of a Successful Salesman

October 9, 2016 FilmTake Comments Off

If there is one thing that Relativity Media’s Ryan Kavanaugh knows, it’s a comeback. Relativity Media’s Ryan Kavanaugh has given many successful pitches…

China’s State-Owned Film IPO Bonanza

September 14, 2016 FilmTake Comments Off

One week before Shanghai Film went public, state-owned Omnijoi Media, listed on the ChiNext. On the very next day, China Film made debut on the main board.

China’s Burgeoning Online Video Providers

September 12, 2016 FilmTake Comments Off

In a shocking spectacle of insider dealing, the Chairman of Baidu, along with others announced plans in February 2016 to buyout iQiyi from Baidu for $2.3B.