Television - FilmTake

Skydance Wins Paramount Deal as Bronfman Withdraws After Chaotic Bidding War

August 30, 2024 FilmTake Comments Off

Edgar Bronfman Jr., the Seagram’s liquor heir who briefly posed a half-hearted challenge to Skydance Media’s takeover of Paramount Global, has officially withdrawn from the race. Bronfman’s exit clears the path for Skydance Media.

Paramount Extends Skydance Merger Deadline as Bronfman Up Buyout Offer

August 22, 2024 FilmTake Comments Off

As Wednesday’s deadline loomed, the already complex battle for control of Paramount Global took another twist. The investor group led by Bronfman made a desperate move to stay in the game by increasing its bid for National Amusements to $6 billion.

Deal Deadline Ends Today: Inside the Battle for Control of Paramount Global

August 20, 2024 FilmTake Comments Off

Amid today’s deadline, the competition to acquire Paramount Global has taken a dramatic turn with the emergence of a new contender. Edgar Bronfman Jr., the heir to Seagram’s liquor, has submitted a $4.3 billion bid to acquire Paramount, directly challenging Skydance’s $8 billion bid.

Paramount’s Financial Turmoil: Soaring Losses, Layoffs, and Massive Impairment Charge

August 17, 2024 FilmTake Comments Off

Amid a looming deadline to sell the once-storied studio, Paramount Global reported a staggering net loss of $5.4 billion in Q2 2024, primarily driven by a $5.98 billion impairment charge, a dramatic deterioration from the previous year.

Streamers Shift Focus Overseas Spelling Trouble for U.S. Production Output

July 27, 2024 FilmTake Comments Off

Netflix and Amazon Studios are the powerhouses of the streaming industry, commanding the majority of content production and licensing activity. However, the bulk of their productions are increasingly taking place outside the United States. This international trend raises concerns about the future of Hollywood’s dominant production status.

Content Spending Slumps in the Post-Peak Television Era

July 19, 2024 FilmTake Comments Off

After reaching unprecedented heights, the film and television market is now charting a more cautious path in the post-peak television era. Several recent forecasts shed light on the slowdown in television content spending, emphasizing the shift in priorities and austerity for major media companies.

The Reel Revolution: Film & TV Industry at a Crossroads Post SAG Strike

November 14, 2023 FilmTake Comments Off

After an arduous 118-day standoff, the SAG-AFTRA has finally brokered a provisional three-year contract with major studios, potentially concluding the extensive actors’ strike of 2023. The recent end to both the writer’s and actor’s strikes marks a pivotal moment in the industry.

Content Comes Home

May 15, 2019 FilmTake Comments Off

In an industry where content is king; Netflix has worn the crown in recent years thanks to the programming libraries from the major studios.

Rocky Media Marriage

May 5, 2019 FilmTake Comments Off

The uneasy marriage between Lionsgate and Starz has been a rocky one from the start. The biggest clash relates to Lionsgate’s television division.

Apple Postpones Slate, Again

November 4, 2018 FilmTake Comments Off

Apple has twice postponed the launch of its first slate of shows. Producers and agents involved in projects at Apple expect the date to be pushed back once again.

Television Ad Sales Go Online

February 20, 2018 FilmTake Comments Off

Television advertising sales in the U.S fell 8% to $61 billion in 2017 – the biggest slump in 20 years. Sales at cable networks dropped for the first time in a decade.

Streaming

Cable TV is Doomed!

March 7, 2017 FilmTake Comments Off

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.

Insight: eOne Theatrical Revenues Decline

December 16, 2015 FilmTake Comments Off

In an attempt to cash-in on the television boom, eOne is building a greater presence in the U.S. But is eOne’s rush into television too little too late?