Industry Report: Market trends
- Articles, interviews, news, analysis on market trends
The seventh art is taking part in a children's school programme, a project aimed at introducing school children to European audiovisual culture and to familiarise them with the internet and the digital world from a younger age.
David Cameron has heralded a new deal that will open up the Chinese marketplace to UK film productions, announced during his trade visit to the country. China's quota system for films means that only 34 foreign movies a year are allowed, but the deal means that co-productions between British and Chinese producers can sidestep the quota. "People have started calling it Chollywood, but really it's Chinewood - British films linking up with Chinese partners to access the second highest box...
Just 7% of UK films in the period 2003-2010 made a profit, according to figures presented by the BFI's David Steele at the Screen Film Summit. The figures chart the performance of 613 films. They paint a damning portrait of British film, particularly low-budget productions: just 3.1% of films with budgets of £500,000 or less became profitable. But even at the higher end, there seem to be endemic problems, with well under a fifth of films with budgets of more than £10m turning a profit....
In his latest post for his Filmonomics blog, Slated Editorial Director Colin Brown makes the argument that the film industry needs to make more of its data available so that filmmakers -- and their distributors and sales agents -- can make more informed decisions on what kind of return other films have seen.
The market share for European films increased 5.6% in 2012, which is linked, in part to Skyfall's market. The gross revenue for cinemas set a new record due to the higher price of tickets for 3D films. Overall attendance rates in the EU fell 2.2%.
Co-creating duo Jane Campion and Gerard Lee descended on Cannes to discuss new mini-series Top of the Lake. Produced by See-Saw Films, the show is backed by Screen Australia, Screen NSW and Fulcrum Media Finance for BBC, UKTV, the Sundance Channel and BBC Worldwide.
It's a titans' fight like Hollywood loves to stage for a century : The Dark Knight Rises versus The Amazing Spider-Man. An ordinary war of summer blockbusters ? That's what we would have said few years ago. The rentals DVD company which has the same name, Blockbuster, was thriving then. Nowadays it is at the edge of bankruptcy. The crumbling video market and the entire industry are uncertain.
The 2011 world television content market MIPCOM in Cannes closed on 6 October in an upbeat mood as deals abounded across countries and platforms and messages of hope and reconciliation were ushered by keynote speakers.
Google plans to create 20 special channels on its YouTube site, and will spend $100 million to create original programming to populate them, according to sources who talked with the Wall Street Journal.
Helen Davis Jayalath presented Screen Digest's study on the evolution of video consumption, trying to understand whether Blu-ray could compensate the decline of DVD sales. The answer is negative but, according to Screen Digest, the European online movie spending will reach almost 400M€ in 2013 and two third of this will be from the big 5 territories in Europe (Germany, France, UK, Spain and Italy).