News
Will Hollywood’s Strike Last Long?
The dispute, which pits 11,500 television and screenwriters against the major studios, is the first in 15 years. The Hollywood writers' strike is on. It has been since Tuesday, May 2nd, but how long [...]
Italian V Channels & CA Sandaled Kid Productions Partner on 10 Film Genre Slate
Each of the projects will be from emerging international filmmakers. Ten micro-budget feature-length genre films will result from a newly signed partnership between V Channels and Sandaled Kid Productions, writes Deadline in an exclusive [...]
Netflix Will Spend $2.5B on Korean Content
The investment was unveiled during a meeting between South Korean President Yoon Suk Yeol and Netflix co-CEO Ted Sarandos in Washington, D.C. Over the next four years, Netflix will spend $2.5 billion in South [...]
Roku’s First Quarter’s Revenue Growth of 1%
Streaming Accounts Grow More Than Expected to Hit 71.6 Million. In a time of streaming crisis, one streaming service gains. It's Roku, which, in the first quarter of 2023, earned 1.6 million active streaming [...]
Only 27% of Americans Think AI-Written Movies Could Be a Good Idea
Millennials are more interested, says a survey by Morning Consult. Only 27% of U.S. adults said AI-written movies would positively impact the entertainment industry. More than half of millennials (54%) are interested in watching [...]
Writer’s Strike: Opportunity for Global Content Creators?
Insiders say a shutdown could boost demand for more international fare. Someone's crisis often means opportunities for others. That could be the case if the loomed writers' strike becomes a reality. As the deadline [...]
Italian V Channels & CA Sandaled Kid Productions Partner on 10 Film Genre Slate
Each of the projects will be from emerging international filmmakers. Ten micro-budget feature-length genre films will result from a newly signed partnership between V Channels and Sandaled Kid Productions, writes Deadline in an exclusive article. V Channels is a network of YouTube movie channels, founded by Italian distributor/producer Niccolò Messina, that streams films in five languages. "I am very excited to partner with Sandaled Kid Productions on this slate of films," says Niccolò Messina, CEO of V Channels. "The [...]
Netflix Will Spend $2.5B on Korean Content
The investment was unveiled during a meeting between South Korean President Yoon Suk Yeol and Netflix co-CEO Ted Sarandos in Washington, D.C. Over the next four years, Netflix will spend $2.5 billion in South Korea to produce Korean TV series, movies, and unscripted shows. According to the company, the hefty investment would represent twice what Netflix spent in Korea between its launch in 2016 and today to make shows such as Squid Game, The Glory, and Physical: 100. "We [...]
Roku’s First Quarter’s Revenue Growth of 1%
Streaming Accounts Grow More Than Expected to Hit 71.6 Million. In a time of streaming crisis, one streaming service gains. It's Roku, which, in the first quarter of 2023, earned 1.6 million active streaming accounts, above its - and Wall Street's - expectations. The company posted Q1 sales of $741 million, up 1%, and a net loss of $193.6 million, or $1.38 per share. On average, Wall Street analysts expected Roku to post Q1 of $708.49 million and a [...]
Only 27% of Americans Think AI-Written Movies Could Be a Good Idea
Millennials are more interested, says a survey by Morning Consult. Only 27% of U.S. adults said AI-written movies would positively impact the entertainment industry. More than half of millennials (54%) are interested in watching a movie or TV show written partially by AI. 65% of U.S. adults are concerned about deep fakes being mistaken as authentic, and videos of public figures that misrepresent or defame them. Those are some of the data that emerged from a survey by the [...]
Writer’s Strike: Opportunity for Global Content Creators?
Insiders say a shutdown could boost demand for more international fare. Someone's crisis often means opportunities for others. That could be the case if the loomed writers' strike becomes a reality. As the deadline to reach a deal between the Writers Guild of America (WGA) and the Alliance of Motion Picture and Television Producers (AMPTP) approaches on May 1st, producers and distribution companies around the world are building up their expectations. A WGA walkout could mean a boost in [...]
BuzzFeed News Shuts Down
15% of the company workforce will be axed. Pulitzer Prize-winning digital news website BuzzFeed News will shut down soon. The move, decided by BuzzFeed chief executive Jonah Peretti, will slash 15% of the company workforce, around 180 employees. Peretti said in a memo to staffers that some of them might be able to find roles at HuffPost, the digital news website that BuzzFeed acquired in a 2020 deal. "HuffPost and BuzzFeed Dot Com have signaled that they will open [...]
