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Is the “Peak TV” Era Over?

The term "Peak TV" refers to a golden age of television, characterized by an overwhelming volume of high-quality scripted series catering to diverse tastes and audiences. This phenomenon saw a dramatic expansion in the number [...]

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TikTok Seeks Supreme Court Intervention to Block Nationwide Ban

TikTok has filed an urgent appeal with the Supreme Court, requesting an injunction to block a federal law that would enforce a U.S.-wide ban on the app unless its Chinese parent company, ByteDance, divests its stake by January 19, 2025. The move follows a ruling from the U.S. Court of Appeals for the D.C. Circuit, which upheld the Protecting Americans from Foreign Adversary Controlled Applications Act. The court concluded that national security concerns outweigh TikTok’s argument that the law infringes [...]

Hollywood’s Tumultuous 2024: The Unexpected Winners of a Challenging Year

The year 2024 proved turbulent for Hollywood, marked by box office disappointments (Joker: Folie à Deux and Kraven the Hunter), widespread layoffs, prolonged labor strikes, and shrinking production opportunities amid a broader industry downturn. Yet, amidst the struggles, a few key players and projects managed to emerge victorious. Disney faced significant hurdles at the start of the year: slumping stock prices, a money-losing streaming division, and a renewed proxy fight from activist investor Nelson Peltz. However, the entertainment giant staged [...]

Gaming and Media Giants Dominate Fandom’s Top 2025 Franchises

A new report by Fandom, the world's largest fan platform, highlights the entertainment franchises that captivated audiences this year, with gaming IPs claiming unprecedented dominance. Topping the list is Warhammer, propelled by massive anticipation for Warhammer 40,000: Space Marine 2 and Amazon's upcoming movie adaptation featuring Henry Cavill. Other standout franchises include Marvel, League of Legends (and its Netflix adaptation Arcane), and Fallout, which entered the rankings for the first time. Fandom’s rankings, derived from its 350 million monthly users [...]

A New Era of Storytelling: Immersive Entertainment Demands Innovative Creators

With Apple’s release of "Submerged", its first original scripted film for the Vision Pro headset, director Edward Berger proclaimed it a turning point for filmmaking. This sentiment rings true as immersive technologies - spanning advanced spatial tech, LED screens, dome projections, and next-gen headsets like Vision Pro, Meta Quest, and HTC Vive - transform how stories are told. Despite limited mass adoption, these tools are unlocking unprecedented creative possibilities. "Submerged", the first short film scripted for Apple Vision Pro, exemplifies [...]

Foreign Tax Credit – 2024 Session Opened on December 6

The website of the Directorate General for Cinema and Audiovisual at the MiC has published Decree No. 3830, dated December 4, 2024. This decree outlines the "Terms and conditions for submitting preliminary and final requests for the tax credit aimed at attracting cinematic and audiovisual investments to Italy for the year 2024." It includes the opening date of the session and additional provisions regarding applications for the tax credit under Article 19 of Law No. 220, November 14, 2016, for [...]

Is the “Peak TV” Era Over?

The term "Peak TV" refers to a golden age of television, characterized by an overwhelming volume of high-quality scripted series catering to diverse tastes and audiences. This phenomenon saw a dramatic expansion in the number of shows produced annually, driven by the rise of streaming platforms and increased competition to capture viewer attention. Iconic productions like Squid Game, which became a global sensation despite being a non-English series, exemplified the international reach of this era, while highly anticipated projects like [...]

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Italian Trade Agency

LOS ANGELES OFFICE
12424 Wilshire Blvd
Suite 1400
Los Angeles, CA 90025
T. +1 323 879 0950
[email protected]

Sign Up to our Newsletter

By submitting this form, you are consenting to receive marketing emails from:

Italian Trade Agency
LOS ANGELES OFFICE 12424 Wilshire Blvd Suite 1400 Los Angeles CA 90025 T. +1 323 879 0950 [email protected] You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. Emails are serviced by MailChimp.
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