A business strategy that doesn't seem to work.   The TV industry is facing a tough time. Linear TV is fading, and streaming is growing at a slower rate than predicted. This affects media companies like Disney, NBCUniversal, and other Hollywood giants that have spent billions chasing Netflix. Their streaming strategy now seems to have some significant flaws. An article by Lucia Moses on Business Insider depicts a scary scenario for the TV entertainment business: "For years, the media and [...]

The 81st Annual Golden Globe Awards will be held Sunday, January 7, 2024.   The next Hollywood Foreign Press' Golden Globes ceremony has a date but still needs a TV broadcast partner to be aired. Organizers confirmed that the 81st Annual Golden Globe Awards will be held Sunday, January 7, 2024. "The awards show, produced by Dick Clark Productions, does not have a broadcast partner beyond this year's event, which aired on the Globes' long-time network, NBC. Discussions are reportedly [...]

What the Sundance Film Festival’s market says about that...   The film market has changed, and that is a fact everyone knows. How much and if the change is permanent needs to be clarified. Variety Intelligence Platform tries to answer these questions. The magazine analyzes what happened at the Sundance Film Festival, the annual gathering for the indie cinematic industry. After two years of an online form, in January the festival was on in person in Park City, Utah, and [...]

Submissions accepted from January 10 to February 17   A new session for submissions for the so-called “foreign tax credit”, the tax credit for executive production of foreign works, is now open: applications may be submitted from 10 a.m. on January 10 2023 to 11.59 p.m. on February 17 2023 (CET) through the DGCOL platform that can be accessed from the website of the Direzione generale Cinema e audiovisivo of the Ministry of Culture. Applications may be submitted for works [...]

Slow start for the new ad-supported tier, chosen by 13% of the subscribers All good on Netflix's front. After some struggle at the beginning of 2022, the streaming giant ended the year with good results. Netflix released its fourth-quarter earnings report exceeding financial projections. The company increased its subscriber counts by 7,66 million, easily surpassing the expectations of Wall Street of 4,57 million. Globally, Netflix wound up in 2022 with 230.75 million subscribers, a year-over-year increase of 4%. 13% of [...]

Here's why...   Netflix increased its prices in 2011, 2013, 2017, 2019, and 2020. It readjusted its tiers in 2022, adding a basic, ad-supported deck. Hulu adjusted its subscription fees in October 2021. Disney Plus and Apple TV Plus (both launched in 2019) raised theirs in 2022. Why? The answer rests in something other than inflation. "It's a lose-lose situation," says Emma Roth on The Verge. "While some streamers are losing money by paying to get content on their platforms, [...]