At the tenth edition of the MIA-International Audiovisual Market in Rome, the sixth APA (Association of Italian Audiovisual Producers) Report reveals that the Italian audiovisual industry is growing and entering a new phase. The report highlights that the industry's value in 2023 has nearly doubled compared to 2017, exceeding 2 billion euros and achieving a steady annual growth rate of 11.6%. Television remains the primary audiovisual medium, generating revenues of €8.2 billion in 2023 (71% of the total market). At [...]

Amazon's streaming service, often seen as a financial loss to support its broader e-commerce ambitions, is evolving into a self-contained marketplace. The recent agreement to offer Apple TV+ subscriptions via Prime Video Channels marks another step in the largest online retailer and technology provider’s strategy to become, as CEO Andy Jassy once said: “The center of the entertainment universe”. Bringing Apple’s TV channel into its ecosystem strengthens Amazon’s position in the streaming aggregation space, moving it closer to its competitors. [...]

As Netflix prepares for its Q3 earnings report, speculation grows over whether the company will change its talent compensation structure. Netflix pioneered the “upfront buyout” model, paying substantial sums to secure A-list talent. However, rumors suggest a shift towards a traditional studio approach—less money upfront with potential backend payouts based on success. Chief Content Officer Bela Bajaria, speaking at Bloomberg’s Screentime conference, denied these claims, stating, “We are not changing our compensation model,” despite acknowledging a few bespoke deals that [...]

SAG-AFTRA and the major video game companies are set to resume in-person negotiations on October 23, as the strike that began on July 26 nears its third month. The strike, which affects some of the largest names in the video game industry, was triggered after prolonged negotiations over the Interactive Media Agreement stalled, leaving both sides operating without a contract since November 2022. The union's dispute with video game companies centers on the rise of artificial intelligence (AI) in the [...]

Edward Berger, the acclaimed director of All Quiet on the Western Front, might soon find himself on the Oscar stage again. His latest film, Conclave, based on Robert Harris’s 2016 novel, has been gaining praise globally. This time, we’re not on the trenches of World War II amid terror and explosions, but within the walls of the Vatican, recreated among the staircases of the Reggia di Caserta, the narrow streets of Rome, and the stages of Cinecittà. The story follows [...]

Hollywood is sending an SOS to Sacramento. Recent data reveals a dramatic 19.7% decline in filming activity in the Los Angeles area from 2022 to 2023. This sharp downturn highlights a worrying trend, with California’s share of the global production market shrinking from 22% to 18%. FilmLA, the quasi-public agency that handles film permits in Los Angeles, is urging the state Government to expand its movie and TV tax credit program, warning that without broader measures, filming in the city [...]