August 4, 2024FilmTakeComments Off on Paramount’s Troubled Waters: A Tale of Failed Mergers, Mismanagement, and Dubious Deals
Recent weeks have seen Paramount Global navigate turbulent waters, with its shares plunging and its credibility questioned. The highly publicized failed merger and acquisition bid from Apex Capital Trust has placed the company under intense scrutiny.
December 1, 2022FilmTakeComments Off on Netflix Innovates Theatrical Releasing with a Novel “Sneak Preview” Model
In a move that its streaming competitors are likely to emulate, Netflix recently released Glass Onion, the sequel to Lionsgate’s Knives Out, in nearly 700 theaters on the traditionally strong Thanksgiving weekend, essentially as a sneak preview before becoming exclusive on Netflix.
A Federal Judge ended the Paramount decrees that ceased Hollywood’s monopoly on producing, distributing, and exhibiting films citing the move would “serve the public interest in free and unfettered competition.”
Netflix solidified its position in Hollywood by recently taking the empty seat at the Motion Picture Association of America vacated when Disney acquired Fox.
“Disney, which is very good in China, had their movie service shutdown. Apple had their movie service closed down. It doesn’t look good.” – Netflix CEO