After decades of stifling innovation and blocking new content delivery models, cable companies are paying a hefty price that shows no sign of stopping.
June 20, 2017FilmTakeComments Off on Can Trump’s Treasury Secretary Mnuchin Shake Fraud Lawsuit?
RKA Film Financing is suing Relativity Media for misappropriating funds meant to finance advertising budgets for future releases, into the troubled company.
April 25, 2017FilmTakeComments Off on Netflix Will License Original Content to China’s iQiyi
Censorship and foreign content restrictions will limit Netflix’s ability to transition their licensing agreement with iQiyi into a meaningful foothold.
Since launching in 2010, iQiyi has accumulated the most paid SVOD subscribers in China, however, calculating an accurate subscriber base is challenging.
March 30, 2017FilmTakeComments Off on Barclays UK Launches a £100M TV Production Loan Program
“The rise in popularity of SVOD services led the Barclays Media team to consider how it could improve the types of funding provided to better support its TV clients.”
Paramount will not receive the $1 billion in slate funding from China’s Shanghai Film Group, and Hua Hua Media. A source said, the “Paramount deal is dead.”
The days of cable television are numbered after the launch of YouTube TV in the U.S. The will cost $35 a month for a family plan with at least 40 channels.
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.