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Dec 30, 2020 · How 2020 Changed Hollywood, and the Movies, Forever. Hollywood studios have used the pandemic to heed the advice of former Chicago Mayor Rahm Emanuel: “You never want a serious crisis to go to ...
Mar 11, 2024 · The number of indie movies released and the revenues they generated have dropped severely in 2020, but the tide is starting to turn as the industry slowly bounces back. A few indie darlings
- 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.
Feb 29, 2024 · 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 ...
Dec 21, 2020 · John Horn. 3-Minute Listen. Playlist. The movie industry has been through such a dramatic shift during the pandemic. Many theaters have closed, and there are worries the industry will never...
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Mar 13, 2020 · Los Angeles Times. The global entertainment market topped $100 billion for the first time ever last year. The Motion Picture Association released a new report on the international box office and...
Dec 31, 2019 · The 12 Films of 2019 That Tell Us 2020 Box Office and Industry Trends. There's good news for anyone who loves non-franchise, filmmaker-led projects. By Tom Brueggemann. December 31,...
