Los Angeles on-location production in fell again during Q2 of 2024, off by 12.4% year-over-year as scripted TV’s rebound was offset by a plunge in reality fare
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The New Normal One year after the strikes that gripped Hollywood the “new normal” continues to evolve. Film and TV production in the US (in particular LA) is down almost 15% from 135 in March 2022 to 157 in March 2024. The need to make profit (not adding subs and figuring out how to make money later) is the main reason. Or cost, we can call it cost. At the same time globally 148 scripted TV show are in production vs 140 YAGO. The direction is clear and once again cost is one of the drivers, amongst other things. Recent survey from talker news stated the obvious, #genz is very open to subtitles growing up on YouTube. More and more audiences are watching stuff from outside the US, as investment follows (or leads) this will continue. Get onboard the new normal Los Angeles Times #subtitles #foreigncontent #globalfilm #streamingwars https://lnkd.in/gA6ARAmu
Global film and TV production down 7% this year following Hollywood strikes, report says
latimes.com
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Lights, Camera, Delay: Hollywood's Scripted Productions Struggle to Rebound Post-Strikes Los Angeles' scripted TV and film production is experiencing a sluggish recovery following recent strikes by WGA and AFTRA, as reported by Variety. FilmLA's data reveals a slight uptick in scripted TV production in Q4 compared to Q3, yet it remains below historical levels. Despite the conclusion of the WGA and AFTRA strikes in September and November, film production continues to decline. FilmLA reports an overall 32.4% decrease in location filming compared to 2022, encompassing commercials and reality TV that were not directly affected by the strikes. The industry faces challenges in fully rebounding from the impact of recent labor disputes. For marketers and advertisers, this is a unique terrain. The industry's slower recovery implies potential delays or changes in content availability and production timelines. Adapting strategies to align with the evolving production scenario becomes crucial. There may be opportunities to explore alternative formats, collaborate with influencers, or leverage digital platforms to maintain visibility during this period of flux. Understanding the challenges in the production realm and adjusting advertising approaches accordingly will be key for navigating the current environment in the entertainment capital.
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Writer | Editor | Creator ✍️💻🎨 Seeking New Challenges with Experience in Games, Entertainment, Lifestyle Media and Event Curation
"I'll wait for streaming" is only part of the issue. While movie studios remain hoisted by their on-demand petard, they're also doing audiences no favours when it comes to trust. With The Fall Guy heading for a (very fast) home release, it's accompanied by 20 minutes of additional footage. An extended cut. It wasn't long ago that Zack Snyder released Rebel Moon for Netflix, before turning around and saying that a director's cut is coming - the implication, of course, to have audiences watch the movie again to see the new content. But will they? Why would audiences pay now when the "director's cut" or "extended edition" or "uncut version" is just around the corner? In wanting a comeback of those big pre-COVID bucks, this two-bites-of-the-cherry tactic is only going to train filmgoers not to return, but to restrain. Obviously, director's cuts are not new. What cinephile hasn't got 28 different versions of Blade Runner in their collection, or stand by the Assembly Cut of Alien 3? But to get that hype train rolling while the original release of the movie that you're asking people to pay to see is still screening? You're only telling on yourself. Movie studios: don't act surprised if "I'll wait for the extended cut" becomes the new "I'll wait for streaming".
Senior Writer and Editor at Substream Magazine | Journalist | A Decade Of Expertise Crafting Engaging and Intelligent Reporting
After two quick weeks in theaters, 'The Fall Guy' is headed to digital for you to rent and/or buy tomorrow. It's wild that a big-budget blockbuster would have such a short movie theater-only window, but the move indicates an industry still trying to figure out viewer pressure points that started during the pandemic. I wrote about it for Substream Magazine: https://lnkd.in/eRcPPegV #filmjournalism #journalism #media
'The Fall Guy's Quick Move To VOD Put Hollywood's Theatrical Still Shaky Relationship On Display - Substream Magazine
https://substreammagazine.com
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It's a challenging period for film executives as they navigate the evolving landscape of consumer behavior and changing expectations in development and distribution. Transforming a company that originated as a different media delivery service into a prominent player in the streaming era is a remarkable accomplishment, and Netflix deserves recognition for it. Looking ahead, with growing creative demands in development at Netflix, a leadership shift could mark a significant turning point in shaping the company's trajectory through the next era. #FilmIndustry #Netflix #Streaming #Leadership
Netflix’s Head of Film to Depart
https://www.nytimes.com
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The Best Ways To Get Your Indie VOD Movie Seen - by Gregory James Wakeman Indie Film PR: What if you’re a smaller producer, production company, studio, or publicist that has a new movie coming out? A movie that you know has an audience. How do you make sure that viewers find your movie in a relentless sea of other releases? With experts insights by Erik Bright, Prodigy PR, Micah Haley, Intercut Capital, Learn from the top experts in the #indiefilm industry here 🍿⬇️ #filmPR #entertainmentmarketing #entertainmentnews
The Best Ways To Get Your Indie VOD Movie Seen
pronthego.com
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Reality TV filming in Los Angeles has experienced a dramatic decline, with shoot days dropping nearly 57% from April to June 2024 compared to the same period in 2023. Despite expectations for an increase in unscripted production post-strikes, the reality TV landscape remains bleak, driven by a lack of tax incentives and industry-wide cost-cutting. Shows like "Selling Sunset" and "American Idol" were among the few to continue filming. The downturn is part of a broader decline in LA's production sector, which saw a 28% decrease in total shoot days compared to last year.
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Leading General Counsel | Expert in Financial Services, Entertainment Law, and Compliance | Driving Legal Excellence and Strategic Solutions for Complex Business Challenges
Further&Better: TV, Film & Media Industry News Roundup, Thursday 28 December 2023 Today, Prime Video announced the introduction of ads starting January 29 in the U.S., with further expansion planned globally. We also examine the anime industry's issues and the intricate crafting behind Bradley Cooper's "Maestro." Ratings challenges for broadcast networks and the unequal labour dynamics in reality TV are highlighted alongside Hollywood's future-focused questions. We also reflect on physical media's relevance in today's media landscape, personal reflections on TV adaptation struggles, and Alice Walker's thoughts on "The Color Purple" remake. The roundup also includes career opportunities in ITV, TikTok, and ABC. Want to stay informed with the latest in TV, film, music, and media? Why not join industry leaders in broadcasting, streaming, and production by subscribing to our daily news roundup? Sign up at the link below.
TV, Film & Media Industry News Roundup, Thursday 28 December 2023
furtherandbetter.substack.com
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Discover the world through entirely new perspectives with DOX TV! With endless stories told from various angles, spaces, and dimensions, we break boundaries and uncover everything - from unknown facts about famous personalities to thrilling adventures that drive us. Immerse yourself in a new documentary experience! 📺 #tsmedia #telekomsrbija #production #entertainment #tvshow #movies #tsmedia #telekomsrbija #production #entertainment #tvshow #movies #applicationsapplications
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#tvindustry - Acquire #entertainment #content & find your next #tvproduction partner at #MIPTV this April. See the post below from MIP Markets - MIPTV, MIPCOM & more for some of the #producers confirmed as attending ⬇️ And see you in #cannes 📺✨ #tvnews #tv #tvseries #tvshows #entertainmentnews #entertainmentindustry #events
Looking to acquire entertainment content or seeking to find production partners? Check out some of the producers you will get a chance to connect with at #MIPTV 2024. The following production companies have confirmed their presence at the Spring International Television Market: Woodcut Media Ltd, STUDIOCANAL, Moonbug Entertainment, EMBANKMENT FILMS LIMITED, Hat Trick Productions, Aardman, VICE Media, Millimages, Federation Studios, Amcomri Entertainment Inc, and many more! MIPTV will be held 8-10 April 2024 in Cannes, France - preceded by the Pre-MIPTV Biggest Weekend in Unscripted on 6-7 April. See you there!
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Hints and tips for directing streaming movie success in this A to Z guide to Woman-In-Peril movies, written by me!
A to Z of Woman-in-Peril Movies | FilmInk
https://www.filmink.com.au
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