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- Uptick in New Streaming Platforms. As worldwide lockdown measures drove people indoors, audience demand for home entertainment surged. Between 2019-2020, the number of global online video subscriptions increased by 26%, reaching 1.2 billion subscriptions.
- Surge in Content Spending. As more platforms emerge and audience demand grows, spending on content production continues to ramp up as well. In 2020, a record-breaking $220.2 billion was spent on making and acquiring new feature films and TV programming—that’s a 16.5% increase compared to production spending in 2019.
- Spending on Indie Content Rises. With overall content spending at an all-time high, the independent film (indie) market is experiencing growth as well.
- TV Budgets Continue to Soar. As more competition enters the streaming market, producers are facing pressure to up their production value so they can keep their audience’s attention.
- Foresight Is 2020
- A New Era For Distribution
- Democratizing Technologies
- Change For The Better
As we’ve discussed in previous articles, the conventional adoption curvefor new techniques and technology has, in the past, tended to be…deliberate. The timelines and qualitative expectations of motion pictures and episodic series can be challenging and costly—which is largely why many creatives are hesitant to depart from tried-and-true tools and ...
Even before the pandemic, VoD had begun to have an impact on the industry financially and creatively. Everything we’ve observed in 2020 supports the idea that new distribution paradigms will create a sea change in the way we consume content. As theaters have closed—and somewhat shakily reopened—we’ve seen a major shift to VoD. Look, for example, at...
Which brings us to the impact that this pandemic continues to have on our industry technologically. The push to develop increasingly accessible and affordable hardware and software are also democratizing howcontent is created and consumed. Consider the power of cloud-based technologies combined with some of the newest innovations. Frame.io, for exa...
At the end of last year, no one could have imagined that the way we live and work would change as drastically or as rapidly as it has in 2020, but big challenges can cause big—and often beneficial—changes. If you look at the period between March and June, and at how quickly we all responded in order to get our industry working again, what happened ...
Mar 11, 2024 · Production. Number of studio and independent movies released in the U.S. and Canada 2012-2021. Number of movies produced in the U.S. 2017-2022, by budget. Average production costs of A24...
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As of mid-2022, all of the most expensive film productions in history were either made by or in collaboration with studios in the U.S. This includes the most recent iterations of successful ...
In 2020, the entertainment and media industry absorbed the historic shock of COVID-19, which toppled long-standing business models, amplified existing trends and forged new opportunities. As the global economy shrinks for the first time since 2009, the US$2.1tn industry is forecast to contract in 2020 by 5.6%.
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Dec 21, 2020 · Movies. What Will The Film Industry Look Like Post COVID-19 Pandemic? December 21, 20205:02 AM ET. Heard on Morning Edition. From. By. John Horn. 3-Minute Listen. Playlist. The movie...
This List covers trend insights about the future of the film industry, insights curated between 2018 to 2020, including related topics such as Hollywood, independent filmmakers, and the growth of streaming video.
