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Streaming

Netflix Results Are In

January 22, 2020 FilmTake Comments Off on Netflix Results Are In

Netflix missed its subscriber forecast in the US and Canada. Despite that, the streamer beat its overseas estimate of 7 million by adding 8.33 million.

Distribution

Will Sundance Boom or Bust?

January 20, 2020 FilmTake Comments Off on Will Sundance Boom or Bust?

After a lackluster Sundance in 2018, last year was full of mega-deals, especially by Netflix and Amazon. Buyers spent over $120 million acquiring rights to some 40 films.

Streaming

Apple Considers MGM Buyout

January 15, 2020 FilmTake Comments Off on Apple Considers MGM Buyout

After the abysmal start to Apple’s new streaming service, Apple TV+, the tech company is searching for relevance with a new leader and a possible strategic acquisition.

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.

Exhibition

Cinema Consolidation

December 26, 2019 FilmTake Comments Off on Cinema Consolidation

British film exhibitor Cineworld is now the largest theater chain in North America after buying out Canada’s Cineplex for $2.1 billion, which was a whopping 42% premium.

Production

Netflix Outspends

December 3, 2019 FilmTake Comments Off on Netflix Outspends

The reason for this lavishly spending spree is in response to new streaming competition by the studios and the upcoming exodus of content.

Streaming

Funding Golden Age

November 26, 2019 FilmTake Comments Off on Funding Golden Age

Against the backdrop of new streaming competition, Netflix is significantly increasing the amount it invests in producing, licensing, and acquiring films and shows.

Exhibition

Hollywood Set to Own Theaters Again

November 20, 2019 FilmTake Comments Off on Hollywood Set to Own Theaters Again

The Department of Justice in the United States is preparing to allow Hollywood studios to own film theaters once again. This decision would reverse 70 years of anti-trust law that was implemented in 1948, which is known as the Paramount decrees.

Distribution

How Amazon Releases Films

November 20, 2019 FilmTake Comments Off on How Amazon Releases Films

Amazon Studios has relied on traditional distribution practices to foster greater collaboration with gatekeepers in Hollywood. However, after playing second fiddle to Netflix for the better part of a decade, Amazon is changing its theatrical strategy stateside.

Production

Made-For-Streaming Movies

November 17, 2019 FilmTake Comments Off on Made-For-Streaming Movies

After years of declining production activity for Made-For-TV movies, Netflix is accelerating the rate it licenses and produces lower-budgeted movies for its streaming platform.

Streaming

Free Streaming Offers

November 12, 2019 FilmTake Comments Off on Free Streaming Offers

Heavyweights Disney and Apple are offering free introductory offers to gain a head start over rivals. Select Verizon subscribers in the United States will get free access to Disney+ for a year.

Streaming

Netflix Needs Content

November 7, 2019 FilmTake Comments Off on Netflix Needs Content

Although Netflix remains committed to producing original content, it is preparing to license more content from independent producers and distributors.

Production

British Content Boom

October 29, 2019 FilmTake Comments Off on British Content Boom

As multiple streaming services prepare for an intensifying battle over European subscribers, British-made content continues to surge. This content bonanza and bidding wars between buyers are driving up prices for shows.

Streaming

Europe’s Last Stand

October 28, 2019 FilmTake Comments Off on Europe’s Last Stand

Never known for adapting to changing markets, European companies are now forced to forge alliances in hopes of staying relevant after the well-timed onslaught of Netflix in Europe.