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- Laura Carro
- Partnership between theaters and streaming services. With movie theaters crippled by the pandemic, it was a good thing that on-demand streaming platforms were there to save the day.
- Return of short films. We’ve seen short-form video content platforms like TikTok and Instagram Reels dominate the social media space. That trend may be trickling into the movie scene, especially with big-name studios such as Pixar (Pixar SparkShorts) and Dreamworks (Dreamworks Shorts) joining the fray.
- Focus on sustainability and environmental awareness. Sustainability has become a big talk in film production, and the movie industry is taking this to heart.
- AI’s massive potential. If you view AI (Artificial Intelligence) as a tool and not as a competitor, the possibilities are endless. AI and machine learning can help in the scriptwriting process, and they could also lend a hand in quickly creating props and visuals.
Oct 5, 2021 · Imagine a place where communities connect, job fairs occur, school meetings happen, even local government open forums, E gaming tournaments, special concert events (for example, re-running a...
- Michael Gale
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What is the 2030 vision?
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Aug 20, 2019 · Movielabs together with member studios, has published a new white paper presenting an industry vision for the future of media creation in 2030. The paper, jointly authored by MovieLabs and technology leadership teams from Hollywood studios, paints a bold picture of future technology.
Jun 20, 2019 · 24 major Hollywood figures peer into the future, including: Ava DuVernay (on audiences), Jason Blum (on producing), Octavia Spencer (on acting), Kumail Nanjiani (on comedy), Lena Waithe (on black...
- How to Reverse A 30% Decline at The Global Box Office
- The Growth of Saudi Arabia
- Don’T Count Out China
- Changing Priorities For The Us Streamers…
- …As They Face Greater Legislation in Europe
- The Emergence of The International Mega-Players
- Indie Producers Facing Another Difficult Year
- Women to Keep on Talking
- The Rise and Rise of K-Content
The global box office is forecast to reach $29bn this year, up 12% on 2022. That may seem welcome news for cinemas but is not where they want to be. In the three most-recent pre-pandemic years of 2017-2019, the global total averaged $41.7bn, and the $29bn estimate for 2022 is a troubling 30% below that number. One challenge is China, which averaged...
Saudi Arabia is the only country where box office has more than doubled since the Covid-19 pandemic and box office revenues are predicted to surpass $1bn by 2030, placing it in the top 20 of global cinema markets. Cinemas are rapidly being built to meet the demand from a growing young audience that is becoming increasingly exposed to global cinema ...
Both the Chinese industry and Hollywood studios heaved a sigh of relief with the arrival of Avatar: The Way Of Waterwhich grossed $14.3m (RMB100m) on its opening day on December 16. It was the first film to cross the RMB100m mark since the National Day holiday week on October 7 and delivered a much-needed final push to the under-performing Chinese ...
This time last year, the high-spend model was revered as an evergreen business. Now the talk is about bottom linefollowing a chastening 2022 triggered by Netflix’s first net subscriber loss in over a decade, staff layoffs and that bruising 60% stock plunge. Will Universal Pictures owner Comcast snap up the now much more affordable house that Reed H...
European governments are looking to bring the European Audiovisual Media Service (EAMS) directive into law and the US streamers are finding themselves increasingly subject to either levies or investment obligations. EAMS requires VoD services to have at least 30% of European works in their catalogues, but it’s up to each EU country to determine how...
Corporate acquisitions a go-go by the likes of Fremantle (Element Pictures, 72 Films, Lux Vide, Wildstar), Banijay (Beyond, Mam Tor), Mediawan (Plan B), The North Road (Kinetic Content), Mubi (The Match Factory), Cohen Media Group(Hanway Films) and Candle Media (Faraway Road) has meant film and TV sector consolidation has not been limited to the US...
Everything is hard for independent film producers right now. Demand for crews and talent shows no sign of slowing in the big territories, particularly the UK, keeping prices high and shooting space at a premium. Increased energy costs, high inflation figures and the ongoing complexities of the fall-out from Brexit in Europe are adding to spiralling...
After Sian Heder and Jane Campion triumphed at the Oscars in 2022, progress in Hollywood seemed tangible. This year’s awards race, however, may be a different story. The Golden Globe nominations saw not a single woman nominated in best picture or best director, with only Sarah Polley picking up a screenplay nod forWomen Talking. It is a similar sto...
Audience tastes are becoming ever more diverse and international and that can only be a good thing. Netflix says more than 60% of its global subscribers watched Korean titles in 2022 and K-content made its weekly top 10 in more than 90 countries. Korean films and series have long had their followings and niche fandoms, but Bong Joon Ho’s Parasite b...
Although the 2030 Vision is a technology roadmap it’s primary focus is in empowering the creative – to be able to achieve more – to be more efficient (replacing repetitive and menial tasks so they can focus on creative tasks), flexible (so workflows can change and adapt to new situations and technologies) and faster (so there’s more of the most ...
Dec 27, 2022 · Why this will happen: The company is struggling with huge debt from the WarnerMedia takeover, investors are unhappy with the sagging stock price, a sluggish ad market, an acceleration in...
