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Britain’s film industry is booming

(economist.com)

In “good omens”, a fantasy novel by Terry Pratchett and Neil Gaiman published in 1990, Aziraphale, an angel, and Crowley, a demon, set out to sabotage Doomsday and save Earth. A television adaptation by Amazon Studios in 2019 saw the unlikely pair cross paths in a variety of locations, including the Garden of Eden, ancient Rome, medieval England, revolutionary France and Blitz-era London. The filming schedule was equally gruelling, with the crew trekking through a succession of sets in South Africa and southern England.

By: economist

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Film and Video Global Markets Report 2021: Production, Distribution, Post-Production Services, Theatres – COVID-19 Impact and Recovery to 2030 – ResearchAndMarkets.com

(finance.yahoo.com)

Ponzi

DUBLIN, September 09, 2021–(BUSINESS WIRE)–The “Film and Video Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s offering.

The global film and video market is expected to grow from $234. 91 billion in 2020 to $251. 92 billion in 2021 at a compound annual growth rate (CAGR) of 7.2%. The market is expected to reach $318. 23 billion in 2025 at a CAGR of 6%.

Film and Video Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global film and video market as it emerges from the COVID-19 shut down.

Major companies in the film and video market include Time Warner; CBS Corporation; Sony; Walt Disney and Twenty First Century Fox.

The film and video market consists of the sales of entities (organizations, sole traders or partnerships) that produce or distribute motion pictures, videos, television programs, or commercials, exhibit motion pictures or provide postproduction and related services. The film and video market is segmented into film and video production; film and video distribution; post-production services; film and video theatres and other film and video industries.

North America was the largest region in the global film and video market, accounting for 41% of the market in 2020. Western Europe was the second largest region accounting for 36% of the global film and video market. Africa was the smallest region in the global film and video market.

Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience, are cost effective, light weight and reduce risks associated with cranes and cable cams during film making.

By: finance.yahoo.com

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Toronto Market Preview: Demand Is High but Films Are Scarce Due to COVID and Pre-Festival Sales

(thewrap.com)

Demand for films and the race for content among streamers and traditional film distributors is as high as ever as the industry looks forward to returning in person for the Toronto International Film Festival. But if buyers line up itching to make deals, are there enough movies to go around?

This year’s TIFF lineup of close to 200 films in the Official Selection is not significantly slimmed down as it was for 2020 when just 50 features screened, but many of the biggest gala presentations are arriving at the Canadian festival with distribution deals already lined up — a sign of how the pandemic has reshaped the film marketplace, multiple insiders told TheWrap.

By: Beatrice Verhoeven and Brian Welk

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Ponzi Schemes: A Growing Hazard In Film Financing

(law360.com)

Ponzi schemes focused on fake investment opportunities are nothing new. Bernie Madoff, Allen Stanford and Tom Petters are now household names.

By: law360

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CAA Experiential Entertainment Affiliate Constellation Immersive Gets “Significant” Investment From 30West

(deadline.com)

EXCLUSIVE: A year after its founding, CAA experiential entertainment affiliate Constellation Immersive has gotten a “significant” equity investment from 30West, a prominent finance and advisory firm.

30West, a majority stakeholder in Neon as well as series and feature films, joins founding shareholders Crossroads Live, a theatrical entertainment outfit, and Baroda Ventures, an LA-based venture capital firm. Terms were not disclosed.

Former CAA Film Finance and Sales Group co-head Micah Green and Dan Steinman joined Dan Friedkin atop 30West in 2017.

Constellation Immersive was founded by CAA’s Marty LaSalle and Thao Nguyen in 2020. It was conceived of as a way to offer new avenues for clients and partners options to connect with audiences and launched during the coronavirus pandemic, when in-person options were non-existent. In the year since, with Covid-19 restrictions easing in many parts of the world and vaccines enabling freer movement, the outfit has seen “a lot of pent-up demand,” Nguyen told Deadline in an interview. With distribution models, protocols and even city populations shifting dramatically as the 2020s begin, the company has become “a think tank, or braintrust, for our colleagues” at CAA navigating a challenging environment.

By: Dade Hayes

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