Box Office

From Capes to Clicks: The Fall of Superheroes and the Streaming Shakedown

November 16, 2024 FilmTake Comments Off

The superhero genre, once its crown jewel, is fading under the weight of oversaturation and audience fatigue, devolving into a rebellion by the fandom. Yet, in this chaos lies an opportunity. As audiences reject formulaic content and mediocrity, a new wave of creativity can emerge, reshaping the film industry.

Inside AFM 2024: Mixed Reviews, Cautious Buyers, and More Gains for Streamers

November 12, 2024 FilmTake Comments Off

The American Film Market’s first Las Vegas event at the Palms Casino Resort has sparked a wide range of opinions from attendees, with some embracing the convenience of the new location and others refusing to attend if the event doesn’t return to Los Angeles.

AFM 2024: UK’s New Tax Credit Sparks Interest from Global Film Producers

November 7, 2024 FilmTake Comments Off

The UK’s new Independent Film Tax Credit is drawing attention at AFM 2024, promising enhanced tax relief for eligible films with a qualifying spend of up to £15 million. The new credit, aimed at supporting independent film production, offers a significant boost with a 53% enhanced credit rate, translating to a net rate of nearly 40% after tax.

Hollywood’s Summer Slump: Sequel Saturation and Box Office Blues

June 11, 2024 FilmTake Comments Off

So far, 2024 has seen a dramatic decline in theatrical revenue, exacerbated by the absence of major releases due to delays associated with industry strikes. Box office numbers have suffered significantly, with fewer original films to draw audiences back to theaters.

UK’s New Film Tax Credit Attracts US Producers Igniting Optimism

May 28, 2024 FilmTake Comments Off

The UK’s Independent Film Tax Credit (IFTC), starting April 2025, offers a 53% Audio-Visual Expenditure Credit for films under £15 million. While boosting UK interest at Cannes, concerns about financing and costs remain. Rising US streamer influence and production expenses challenge UK independents, demanding global strategies for sustainability.

Cineworld Nears Bankruptcy

March 15, 2020 FilmTake Comments Off

As the coronavirus threatens to close movie theaters in the US and beyond, Cineworld has warned that there is “significant doubt about the group’s ability to continue as a going concern.”

Disney Aims At Netflix

February 6, 2020 FilmTake Comments Off

Disney+ nearly triples its subscriber base since launching in November. Through January, the streaming service has 28.6 million subscribers, up from 10 million weeks after it debuted.

Sony Shutters Streaming Service

January 8, 2020 FilmTake Comments Off

Sony Pictures is shutting down its PlayStation Vue streaming television service in the first quarter of 2020. Rising content costs and a plethora of choices have made the service untenable.

Box Office Declines

January 6, 2020 FilmTake Comments Off

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.

Fox Falters

September 4, 2019 FilmTake Comments Off

In the first three months since becoming the new owner of Fox, Disney has publicly complained about Fox’s weak performance and believes there is more trouble on the horizon.