March 18, 2024FilmTakeComments Off on Netflix Will Spend More on International Markets Than Stateside for the First Time
Netflix is projected to spend more than half its annual content allocation on titles produced outside of Canada and the United States. This year, Netflix will spend $8 billion of its $15.5 billion allocation on international content, a first for the streaming giant.
March 14, 2024FilmTakeComments Off on Who’s Thriving and Who’s Struggling: Annual Streaming Scorecard Part Three
Before unprecedented disruptions during 2020-21, streaming giants like Netflix and Amazon invested heavily in original films, but their investments have since fallen sharply. Likewise, the head of motion pictures departed after Netflix failed to deliver meaningful film releases.
March 6, 2024FilmTakeComments Off on Distributors Retreat to Syndication to Avoid Financial Streaming Iceberg
The prodigious investments required by major media companies to launch new streaming services while simultaneously pulling valuable content from dozens of global distributors have impacted all key players, resulting in substantial declines in market value over the past two years.
