Heather Elizabeth M. Le Clair’s Post

🎬🌟The entertainment industry in LA is undergoing massive changes - from a shift away from traditional film and TV to a more diverse and tech-driven landscape. The "Die Another Day" report delves deep into these sea changes, offering insights into the evolving entertainment workforce. https://lnkd.in/gT773ru8

🎬🌟The entertainment industry in LA is undergoing massive changes - from a shift away from traditional film and TV to a more diverse and tech-driven landscape. The "Die Another Day" report delves deep into these sea changes, offering insights into the evolving entertainment workforce. https://ow.ly/WZsL50SsZM2

🎬🌟The entertainment industry in LA is undergoing massive changes - from a shift away from traditional film and TV to a more diverse and tech-driven landscape. The "Die Another Day" report delves deep into these sea changes, offering insights into the evolving entertainment workforce. https://lnkd.in/eYFumdNP

🎬🌟The entertainment industry in LA is undergoing massive changes - from a shift away from traditional film and TV to a more diverse and tech-driven landscape. The "Die Another Day" report delves deep into these sea changes, offering insights into the evolving entertainment workforce. https://lnkd.in/gQzQcgse

🎬🌟The entertainment industry in LA is undergoing massive changes - from a shift away from traditional film and TV to a more diverse and tech-driven landscape. The "Die Another Day" report delves deep into these sea changes, offering insights into the evolving entertainment workforce. https://lnkd.in/gE4FTGt6

🎬🌟The entertainment industry in LA is undergoing massive changes - from a shift away from traditional film and TV to a more diverse and tech-driven landscape. The "Die Another Day" report delves deep into these sea changes, offering insights into the evolving entertainment workforce. https://ow.ly/JQxW50Si5ZU

Interesting and encouraging news for the entertainment industry:

In the world of entertainment, the concept of residuals is both fascinating and vital for those who create the content we love—be it films, television shows, or digital media productions. Residuals are essentially forms of additional compensation paid to actors, writers, directors, and other creatives after the initial release of a project. This payment is not just a bonus but a right, often secured by unions, to ensure that creatives receive their fair share of the revenues generated over time from their works. https://lnkd.in/eutQDFdt

💰 After a few years of limiting content to their own platforms, studios are once again eyeing off lucrative licensing deals. According to Ampere Anand, The Walt Disney Company has the most shows that meet the following criteria of having 'licensing power': - The show has completed their first run - There are at least 3 seasons - It is a scripted format - The show is of US origin - It maintains consumer engagement measured with Ampere’s Popularity Score For example, shows like Sons of Anarchy and Buffy the Vampire Slayer fit this criteria. Paramount comes in second with 72 shows including Hawaii Five-0 and Star Trek: The Next Generation. Warner Bros. Discovery lands in third with 54 shows including The Sopranos and The Wire. NBCUniversal is in fourth with 47 shows including the huge The Office. Source: https://lnkd.in/d3yYNxAh

The Film Industry Isn’t Dying—We’re in a Renaissance Just like the French New Wave, which was born from rebel filmmakers who were shut out of studios operations, we are witnessing a similar shift in the industry today. Many claim the film industry is dying, pointing to the financial struggles of streaming platforms and the decline of traditional cinema revenue. However, many see it differently. This transformation is reminiscent of the Hollywood Renaissance, eras that redefined cinema by shifting power to independent filmmakers. A recent article on the economics of streaming highlights the challenges facing major studios and platforms (https://lnkd.in/gPQDk8aQ). But rather than signaling the industry's demise, these challenges are paving the way for a new era of innovation and creativity. Independent filmmakers, who create genuine stories instead of rinse-and-repeat formulas, are now more connected to their audiences than ever before. With unprecedented access to affordable technology and distribution channels, they can tell unique stories that resonate on a global scale. This democratization of film production is fostering a vibrant ecosystem where diverse voices and fresh perspectives can thrive. The industry isn't dying; it's evolving. We're witnessing a shift that empowers creatives outside the traditional studio system, echoing the revolutionary spirit of past cinematic movements. The future of film lies in the hands of the storytellers. #FilmIndustry #IndependentFilm #CinemaRevolution #StreamingEconomics #CreativeInnovation