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Shutdown Accelerates Streaming Takeover

April 13, 2020 FilmTake Comments Off

As the coronavirus and subsequent global shutdown forces film and television production into an unprecedented standstill, streaming services are accelerating their takeover.

The Bigger They Are, The Harder They Fall

April 3, 2020 FilmTake Comments Off

AMC, the world’s largest theater chain, has hired attorneys to help restructure its mountain of debt as the company’s credit rating plummets.

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.”

The Paradox of Choice

March 8, 2020 FilmTake Comments Off

The major studios sabotaged the dream of a la carte programming and are now attempting to transform streaming into cable television via an ethernet connection instead of coaxial.

AVOD Market Heats Up

February 25, 2020 FilmTake Comments Off

Several media companies are holding discussions to acquire advertising-supported video streaming services. Fox Corp is in talks with Tubi, and NBCUniversal is considering Vudu.

PayTV Subscriber Freefall

February 23, 2020 FilmTake Comments Off

Traditional pay television subscribers are in freefall—the rate of subscribers canceling their service accelerated by more than 70% last year.

AVOD Streaming Gains Ground

February 16, 2020 FilmTake Comments Off

AVOD is gaining ground on SVOD in the United States. The proportion of television viewership that is through streaming services has almost doubled since 2018.

Netflix Wins Over France

February 12, 2020 FilmTake Comments Off

Streaming giant Netflix officially opened its latest non-US office in Paris last month, signaling a deeper commitment to Europe. Netflix now has four offices in Europe.

Cord-Cutting Gains Momentum

February 11, 2020 FilmTake Comments Off

In the fourth quarter, two million US subscribers cut the cord on traditional television packages from AT&T, Comcast, Charter, and Verizon, up from 1.7 million in the third quarter.

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.

UPDATED: Sundance Heats Up

January 28, 2020 FilmTake Comments Off

After a slow start to the 35th annual Sundance Film Festival, the weekend produced a handful of sizable deals, including from Amazon Studios, Searchlight Pictures, and Lionsgate.

Sundance Slumps

January 26, 2020 FilmTake Comments Off

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.

Netflix Results Are In

January 22, 2020 FilmTake Comments Off

Netflix missed its subscriber forecast in the US and Canada. Despite that, the streamer beat its overseas estimate of 7 million by adding 8.33 million.

What US Independent Distributors Want

January 21, 2020 FilmTake Comments Off

Discover in their own words what elements 26 US distributors are searching for when they acquire distribution rights at Sundance.

Netflix Shatters Glass Ceiling

January 21, 2020 FilmTake Comments Off

Netflix shocked most industry observers by receiving a leading 24 Academy Award nominations, more than any other distributor, including two for Best Picture.

Will Sundance Boom or Bust?

January 20, 2020 FilmTake Comments Off

After a lackluster Sundance in 2018, last year was full of mega-deals, especially by Netflix and Amazon. Buyers spent over $120 million acquiring rights to some 40 films.

Apple Considers MGM Buyout

January 15, 2020 FilmTake Comments Off

After the abysmal start to Apple’s new streaming service, Apple TV+, the tech company is searching for relevance with a new leader and a possible strategic acquisition.

Georgia Tax Credits Draw Scrutiny

January 13, 2020 FilmTake Comments Off

Georgia released a report calling into question the value of the state’s popular film and television production credit program.

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.