Sundance Slumps
Deal activity is muted so far at this year’s festival despite claims that producers and sales agents were withholding their best films at TIFF in September to introduce at Sundance.
Production
Georgia Tax Credits Draw Scrutiny
Last week the auditor for the state of Georgia released a report calling into question the value of the state’s popular film and television production credit program.
Netflix Claims Originals Win Out
Netflix continues to publicize unsubstantiated claims that its original films and shows outperform third-party content contrary to all independent research.
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.
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.
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.
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.
Netflix Lands at Shepperton
Netflix expanded its global footprint with a ten-year lease at the U.K’s Shepperton Studios. The lease grants Netflix exclusive access to a majority of Shepperton including 14 sound stages.
Netflix Surprises Again
Netflix’s $8 billion production allocation for 2018 to produce and acquire 700 shows and films is already reaping record new subscribers.
TIFF Take Three: Trouble in the UK, Sight Unseen Films…
CBS Films did not acquire I, Tonya after all – Neon and 30WEST will distribute in the U.S. UK’s Icon Film Distribution runs out of money, again!