Studio Netflix
Netflix plans to release 80 films in 2018; nearly as many as all six major studios combined.
Sony
Point of No Return for North America’s Box Office
In 2017, North American theatrical admissions fell to 1992 levels. Admissions in the U.S and Canada dropped 6% to 1.23 billion tickets sold.
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Hollywood Financing is Broke [Part One]
Sony Pictures’ co-financing partner, LStar Capital, informed the studio at the last minute that they would no longer invest in Sony’s slate.
Is Sony Pictures for Sale?
Mismanagement of Sony’s film unit over the years has propelled the studio into a downward spiral. Sony is under pressure by investors to sell the film unit.
Inside Baidu’s Hollywood Expansion
Since launching in 2010, iQiyi has accumulated the most paid SVOD subscribers in China, however, calculating an accurate subscriber base is challenging.
The “Netflix of China” Signs Streaming Deal with Warner Bros.
China’s iQiyi online video service entered into a streaming output agreement with Warner Brothers.
Leaderless Sony Pictures $1 Billion Writedown
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.
Lionsgate Inks Long-Term Digital Licensing with iQiyi
Lionsgate entered into a long-term content licensing agreement with iQiyi in November 2016 for upcoming features and select library films.
China’s iQiyi and Sony Sign Coproduction Agreement
iQiyi, a Chinese online video site owned by Baidu, announced in December that the company is coproducing a three-part local-language series with Sony.