More from Georg Szalai
Elizabeth Bay Productions Gets Financing, WestEnd Films First-Look Deal
Elizabeth Bay Productions (EBP), whose principal is publicity firm DDA founder Dennis Davidson and whose team includes executive producer/producer Grant Hill, known for his collaborations with director Terrence Malick and the Wachowskis on various The Matrix films, has struck a financing agreement with FilmHedge and entered a first-look deal with U.K.-based sales company WestEnd Films. The new partnership […]
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Netflix Earnings Preview: Wall Street Is Bullish on Streaming’s “Default Choice”
This Thursday, it’s time for investors to Netflix. If it’s also time for them to chill, only time will tell! Much of that will depend on the financial and subscriber trends the global streaming giant reports after the stock market closes on July 18. Netflix shares have been on a roll this year. They are […]
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Alfonso Cuarón to Receive Locarno Film Festival Lifetime Achievement Award
Alfonso Cuarón, the Oscar-winning Mexican filmmaker known for the likes of Gravity, Harry Potter and the Prisoner of Azkaban and Roma, will receive a lifetime achievement award at the 77th edition of the Locarno Film Festival in Switzerland. He will receive the honor, a tribute to “film personalities with extraordinary careers,” on Sunday, Aug. 11 […]
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Box Office Grosses May Surpass Pre-COVID Levels in 2026. That’s the Good News…
Global box office and global total cinema revenue will surpass pre-COVID-19 pandemic levels in 2026, but admissions won’t do so over the next five years. Global subscriptions to streaming services will post a 5.6 percent compound annual growth rate (CAGR) between 2023 and 2028, outpacing a compound annual gain in streaming revenue of just 4 […]
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Behind Skydance’s Case for Paramount as a Growth Story
When Skydance Media and Paramount Global executives outlined their plans for the merged company to investors on July 8, they showed a series of slides. One of them highlighted Skydance’s story and was entitled “Animation, Sports and Games Divisions Drive Growth.” In fact, those are three key areas that management also sees as core upside […]
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‘Grey’s Anatomy’ Star Kevin McKidd Joins BBC Studios Drama ‘The Primrose Railway Children’
Kevin McKidd (Grey’s Anatomy, Six Four) will be starring in the 90-minute CBBC special The Primrose Railway Children on BBC kids channel CBBC Adapted by Tom Bidwell (The Velveteen Rabbit, The Irregulars) the feature-length family drama is based on Jacqueline Wilson’s novel of the same name, which is a modern reimagining of E. Nesbit’s classic The Railway Children. […]
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Dinosaurs in Space at Paramount as Nickelodeon, Channel 5’s Milkshake! Team on ‘Tim Rex in Space’
Paramount Global has been in the deal news with its big merger with David Ellison’s Skydance Media. But on Wednesday, two of the company’s kids brands unveiled a deal of their own. Nickelodeon unveiled new animated series Tim Rex in Space, its first global co-production with Channel 5’s Milkshake! The show will premiere in 2025 […]
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Sharon Stone to Receive Taormina Film Fest Lifetime Achievement Honor
Sharon Stone will receive a lifetime achievement honor on the closing night of the 70th edition of the Taormina Film Festival next month. The fest will present her with the Cariddi d’oro alla carriera (Golden Cariddi for Lifetime Achievement), which has previously been awarded to the likes of Jessica Lange, Robert De Niro, Tom Cruise, […]
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Locarno Fest Lineup Includes Hong Sang-soo, Paz Vega Films, Honors for Mélanie Laurent, Guillaume Canet
The Locarno International Film Festival in Switzerland has unveiled an eclectic lineup for its 77th edition, taking place Aug. 7-17. The fest will screen 225 total films, including 104 world premieres, five international premieres and some debut features, including new films from such directors as Hong Sang-soo, Spanish actress Paz Vega and Radu Jude. Gianluca Jodice’s Le […]
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‘The Office’ Producer’s Roughcut TV, Fremantle Sign First-Look Drama Development Deal
Fremantle, part of media giant Bertelsmann’s RTL Group, has struck a first-look drama development deal with Roughcut Television, the production firm co-founded by CEO Ash Atalla, the producer of the original British version of The Office and The IT Crowd. The agreement follows the companies’ recent team-up on Paramount+ U.K. & Ireland psychological thriller series […]
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Paramount Analyst Downgrades Stock, Citing Lack of Breakup, Skydance’s “Lofty” Cost-Cutting Target
“Maybe We Have Different Dreams.” That was the headline of Wolfe Research analyst Peter Supino’s Tuesday report, in which he downgraded his stock rating on Paramount Global from “peer perform” to “underperform” following news of its deal to be acquired by David Ellison’s Skydance Media. He has a $10 price target on the stock. “With […]
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Many U.S. Streaming Users Regularly Cancel and Resubscribe, But Bundles Reduce Churn
With the competitive streaming video business having matured in the U.S. and companies focusing more on profitability, subscriber retention has become at least as important as subscriber growth. Now, the latest data from research firm Ampere Analysis shows that a recent trend to pool together streaming services into bundles reduces customer churn rates. Overall, 42 percent […]
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