The Italian government has issued a decree imposing increased local content quotas on national TV channels. Italian TV channels must now increase their output of Italian movies and TV series aired during primetime hours (6pm to 11pm), and also make compulsory content investments, subject to severe sanctions. In practice, this means that each national TV […]
Netflix has revealed it will spend $400 million (€338.4m) over five years on Canadian TV and film content. It will establish a permanent production presence in Canada, the first time it has done so outside of the US. The company has largely avoided the requirements put on Canadian content producers by the country’s government. The […]
The UK’s booming creative industries could be worth £128.4 billion (€148.1bn) to the UK economy by 2025, and help to create up to 1 million new jobs by 2030, according to an independent review of the sector commissioned by the government and led by the current Chair of ITV Sir Peter Bazalgette. The review – […]
German pay-TV broadcaster Deutsche Telekom has ordered its first original series. The show, Germanized, will be a 10-episode comedy from Bavaria Fernsehproduktion and Newen Group-owned Telfrance. The series is described as a “light-hearted, culture clash comedy” about 200 Germans ‘invading’ a bankrupt Basque village”. The series is slated to launch towards the end of 2018. […]
Indian content company, Zee Entertainment Enterprises Limited (ZEEL) has become the first Indian broadcaster to set up a production company, ZEE Studios International, in Canada. This also marks ZEE’s entry into global production for mainstream audiences which will facilitate production requirement for ZEE’s diverse platforms as well as international markets. The production company, located at […]
The UK music industry grew by 6 per cent in 2016 to contribute £4.4 billion (€4.95bn) to the economy, according to Measuring Music 2017, a major new report from UK Music, the umbrella body for the music industry and represents artists, musicians, songwriters, composers, record labels, music managers, music publishers, producers, music licensing organisations and […]
Despite a debt load in excess of $20 billion, Netflix CFO David Wells has signalled that spending on big budget productions like House of Cards, and Marvel’s The Defenders has only just begun. “It’s going to be that way for many years to come,” he said at Goldman Sachs’ Communacopia media conference. “And the more […]
A major 150-page research report from equity analysts at investment bank Exane/BNP-Paribas does not make good reading for Europe’s traditional FTA broadcasters, both commercial and public and even for established pay-TV operators. The study says that many broadcasters believe that European TV is different from those in the US, and that there is no way […]
The Digital Production Partnership (DPP) has entered into a formal partnership with the European Broadcasting Union (EBU) to drive the development of technical standards and the adoption of interoperability across the media industry. “The DPP and the EBU both deeply understand the value of collaboration in driving change,” said DPP Managing Director, Mark Harrison. “The […]
Confirming the pursuit of its multichannel strategy, French Media Group TF1 has revealed it will pour €1 billion into programming this season. €150 million will go on news content and news channel LCI, whilst €850 million will be spent on content production and acquisitions. TF1 will take the bulk of this budget, ahead of DTT channels […]