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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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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 [...]

Orange Teams with OpenAI, Meta to Launch AI Models for African Languages

French telecom corporation Orange has announced a strategic partnership with OpenAI and Meta to develop artificial intelligence models tailored to African languages. This initiative, set to roll out its first models in early 2025, aims to address the gap in AI capabilities for understanding regional languages like Wolof and Pulaar, spoken by millions across West Africa. Wolof is widely used in Senegal, Gambia, and southern Mauritania, while Pulaar is prevalent in Senegal. Together, these languages represent over 22 million speakers, [...]

Mubi Expands Creative Horizons with Launch of Mubi Editions

Music to the ears of cinephiles who love to show off hefty film books on their coffee tables. Mubi will launch a publishing arm, Mubi Editions, next April, focusing on titles on cinema and the arts. Following in the footsteps of companies like A24, which released novelizations of its X trilogy, and TikTok’s recent entry into the print world, arthouse distributor, streamer, and production company founded in 2007 by Efe Cakarel, is offering a fresh way to engage with its [...]

Blockbuster Thanksgiving Revives Box Office, Is It Enough for Hollywood?

Thanksgiving 2024 just made Hollywood history. The box office exploded with Moana 2 leading the charge at $221M domestically—the biggest debut to date on this beloved Holiday. Joining the festive frenzy, Wicked and Gladiator II, which premiered the prior weekend, each crossed $300 million globally. This brought the U.S. and Canada’s five-day total from Wednesday to Sunday to an impressive $420 million, driven by the three heavyweights from Disney, Warner Bros., and Paramount. The Turkey Day successes have given theater [...]

Universal Confirms Equal Pay for Wicked Stars Ariana Grande and Cynthia Erivo

Universal Pictures has addressed online rumors suggesting a pay gap between Wicked stars Ariana Grande and Cynthia Erivo, emphasizing that both actresses received equal compensation for their roles in the highly anticipated film adaptation of the Broadway hit. The speculation, which originated on Reddit, claimed Grande earned $15 million for portraying Glinda, the “good” witch, while Erivo was allegedly paid only $1 million for her role as Elphaba, the “wicked” witch. Universal, however, dismissed these claims. "Reports of pay disparity [...]

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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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