Netflix has announced that Hollywood movie producer Dan Lin will replace Scott Stuber as the streaming company’s top film executive. Stuber was the head of Netflix Film for seven years before announcing last month that he would be leaving. Lin, 50, who was once the senior vice president of production at Warner Bros, is the […]
The value of the UK music, video and games markets increased for the eleventh successive year in 2023, rising 7 per cent to another all-time record of £11.9 billion (€13.8bn), according to preliminary figures released by digital entertainment and retail association ERA. It means the entertainment market has grown by just over 50 per cent […]
Disney theme parks will make a reported $10 billion (€9.35bn) in profit this year – impressive considering the devastation wrought by the pandemic just a couple of years ago. In the meantime, the video business is in choppy waters with the stock taking a welcome boost from all the talk of the group selling off […]
According to data from Samba TV, 2.6 million US households watched Avatar: The Way of Water streaming on Disney+ and Max during the launch (June 7th) plus four day window. Black and Hispanic households both over-indexed based on viewership of the movie by 10 per cent and 9 per cent respectively, compared to the national […]
After a record-setting theatrical run, James Cameron’s Avatar: The Way of Water will debut on June 7th on the Disney+ streaming platform and will include bonus content featuring filmmakers, cast and crew. Avatar: The Way of Water debuted in cinemas on December 16th 2022 and became the third highest-grossing film of all time worldwide taking […]
Giant cinema screen specialist IMAX posted a record Q1 for global box office, driven by a mix of local language titles, especially in China, as well as Hollywood releases. Overall revenue at IMAX came to $86.9 million (€78.9m), up 45 per cent from the same period a year ago of $60 million. And IMAX swung […]
Chicken Soup for the Soul Entertainment has announced that the company had the largest Transactional Video-on-Demand (TVoD) revenue week in the company’s history. The Redbox streaming platform hit record revenue in the US with the premium release of Avatar: The Way of Water and the premiere of Creed III. The simultaneous release of Plane at […]
Cineworld, the struggling cinema chain, has announced it will raise new funding and has aborted plans to sell its businesses in the US, UK and Ireland after failing to find a buyer. Cineworld saw its share price fall by nearly 30 per cent after announcing its cancelled sale plans. At the same time, the company […]
Giant cinema screen specialist IMAX has reported lower quarterly revenues despite being helped during the quarter by the record box-office takings from Avatar: The Way of Water and a recovery at its Chinese theatres. IMAX’s overall Q4 revenues were 10 per cent down at $98 million (€92.5m) on the same period a year ago ($108.6 […]
Europe’s film revenue rose 21.6 per cent year over year to $2.82 billion (€2.72bn) between January and October, according to figures from OpusData compiled by S&P Global Market Intelligence. There were 203 films released in the region in October, down 10.2 per cent from 226 titles that hit cinemas in October 2021. Further highlights from […]