All Shifting business models articles – Page 4
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News
GenAI to help streamers transform business models and minimise costs, finds report
Generative AI (GAI) is paving the way for more innovative streaming business models, according to the latest report from market research firm Parks Associates, in partnership with FPT Software.
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News
Fremantle strikes deal with Rachel Weisz and Polly Stokes’ Astral Projection
Fremantle has signed a first look and development deal with Astral Projection, the production company from Academy Award winning actress Rachel Weisz and British executive producer Polly Stokes.
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Channel 4 names Lucy Thomas as Chief Financial Officer
Channel 4 has appointed Lucy Thomas as Chief Financial Officer.
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UK M&E industry welcomes Budget support for business but says that more must be done to support workers
The UK industry has welcomed measures announced by the Chancellor of the Exchequer Jeremy Hunt in this week’s Budget to support independent filmmakers, studios and VFX houses.
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News
Nikon acquires RED digital cinema cameras
Nikon Corporation is set to acquire digital cinema camera developer RED, making it a wholly-owned subsidiary of Nikon.
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News
Germany’s Leonine Studios launches documentary division
Leading German producer and distributor Leonine Studios is expanding its production division with the launch of new label Leonine Documentaries, headed by Jochen Koestler.
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Disney agrees $8.5bn deal to merge Indian media assets with Reliance Industries
Indian conglomerate Reliance Industries and Disney are to combine their Indian TV and streaming businesses.
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News
Channel 4 to cut back Hollyoaks episodes
UK broadcaster Channel 4 is to cut the number of weekly episodes of its long-running soap Hollyoaks from five to three from September 2024.
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Executive Interviews
Q&A: What are the motivations behind AXA IM’s purchase of Elstree studios
AXA IM Alts recently announced it would be making its first investment in the UK’s TV and film studio market with the acquisition of the BBC Elstree Centre in North West London. IBC365 caught up with Stuart Carr-Jones, Head of Transactions for UK at AXA IM Alts, to find out ...
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News
Warner Bros Discovery posts 4% revenue fall in 2023
Full-year revenues at US studio Warner Bros Discovery declined by 4% to $41.3bn in 2023.
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News
Canal+ increases stake in Asian streamer Viu to 30%
France’s Canal+ Group has increased its stake in Asian streaming platform Viu to 30%.
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Daily News
ThinkAnalytics announces two new hires
ThinkAnalytics has announced two new hires as it scales its business in 2024. Andrew Read has joined as VP sales for EMEA. According to the company, he brings a wealth of commercial experience from companies including Adobe, Conviva, Comscore, and most recently 24i, where he led worldwide sales.
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News
Reef founder Richard Farmbrough launches Somersault Studio with Owen Rodd
Former Reef Television CEO Richard Farmbrough has joined forces with Executive Producer Owen Rodd to create Somersault Studio, a new indie with bases in London and Cardiff.
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News
Fremantle to acquire Asacha Media Group
Fremantle has entered a conditional purchase agreement to acquire global production studio Asacha Media Group and its portfolio of labels based in France, Italy and the United Kingdom.
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News
BT Tower sold to MCR Hotels
MCR Hotels has secured the purchase of BT Tower for £275m. MCR plans to transform the iconic building into a hotel.
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News
Netflix predicted to lose Arabic streaming leadership to Shahid VIP
Netflix is predicted to lose its SVOD market leadership in Arabic countries in the next five years, according to a report by Digital TV Research.
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News
Cinesite launches visualisation division
Cinesite has launched a new visualisation division which will expand its previs, virtual production, techvis and postvis services, and will align with its concept and pipeline departments.
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News
RedBird IMI to acquire All3Media for £1.15bn
Investment group RedBird IMI has agreed to acquire production and distribution group All3Media from its joint owners, Warner Bros. Discovery and Liberty Global, for £1.15bn.
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Industry Trends
UK’s indie producers need to embrace private equity or risk being left behind
According to recent stats from the British Film Institute (BFI), spending on film and high-end television production in the UK reached £4.2bn in 2023. While this is great news at face value, Sarudzayi Marufu, founder and executive producer of Euras Films, argues that domestic film and TV producers are being ...
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News
Spain’s RTVE launches streaming service across Europe
Spanish public broadcaster RTVE has launched its international streaming service rtveplay+ in Europe.