Swanmac Ltd’s Post

I hope tax incentives follow

https://lnkd.in/eCRp_4iT I remember when I was 16 in the winter of 2011, it was the first time I not only noticed but participated in the so-called Oscars season - when studios would intentionally release their films to a wide audience in January or February, MONTHS after showing their film in L.A. County to qualify for the Oscars, so that mid-budget dramas like The King's Speech, Black Swan and True Grit would still be running in cinemas by the time the Oscars would announce their Best Picture shortlist (which is simply good for business if these films are still in the public awareness)! 🙂💡🎞 💰 Because outside of those months, my nearest multiplex would seem to offer only one of three things: horror, adult/teen comedy or the summer blockbuster! 🔪🤣☀️ I used to think that the moment the major Hollywood studios began to shift away from mid-budget dramas ALL YEAR ROUND to blockbuster franchises planned out YEARS in advance was the success of Harry Potter & the Philosopher's Stone and LOTR: The Fellowship of the Ring! 🔮 And it REALLY accelerated after the 2008 crash, because studios from that point on didn't want to take risks anymore, and instead pour money into fewer films with bigger budgets designed for a GLOBAL audience (which the MCU would set the standard)! 📉💰💥 #filmindustry #blockbusters #audiencetargeting

Hollywood’s Sequel-Led Comeback Projected to Extend Into 2025 ‘Avatar,’ ‘Jurassic World’ carry hopes for a better year Original films from marquee directors are also on deck Of the 10 highest-grossing films released domestically in 2024, all were in some way tied to previous movies, from Moana 2 to Despicable Me 4 to Beetlejuice Beetlejuice. US and Canadian theaters finished 2024 with ticket sales down 3.3% to $8.75 billion Next year’s lineup is a mix of retreads and original films that’s forecast to lift domestic ticket sales to $9.7 billion, the highest since the global pandemic Overall, at least 110 movies should get wide releases in 2025, up from 94 last year Even if the domestic box office reaches Gower Street’s estimate of $9.7 billion this year, it will be 18% shy of the $11.9 billion record set in 2018. The number of tickets sold in the US and Canada is also down by roughly half over the past two decades, from 1.58 billion in 2002 to 805 million in 2024

“PG is the new PG-13”, said ComScore’s Paul Dergarabedian. PG-rated films have made one-third of domestic box office tickets this year, the highest percentage since 1995. Article link in comments.

10 talking points for the US & international film industry in 2025 - article: https://lnkd.in/g2gqyBTM - plus Production is Fleeing Los Angeles: How Poor Policies Push Producers Away - article: https://lnkd.in/gg-NBjD9 - Studios, streamers, & independent producers have been enticed by attractive incentives offered by other US states & international jurisdictions, most of which boast deep, experienced crew bases & more affordable economies.

🎊#DNVstories Year in Review “The collaborative relationship between the District and BC Film Industry has become a model for success and has since been emulated by many other municipalities.” If you live in the District, chances are you’ve caught a glimpse of a movie, Netflix series, or commercial shoot in our community. 🎥Read more about the District's thriving film production industry: https://bit.ly/3XcAVph

As a slow year for film and television production comes to a close, Georgia’s largest film industry trade association has elected a new set of leaders. Brennen Dicker, executive director of the Georgia State University Creative Media Industries Institute, has been named the new chair of the Georgia Screen Entertainment Coalition with Michael Clark, the general manager at Eagle Rock Studios Atlanta, to serve as vice chair. GSEC has a big challenge to navigate this year: the total recalibration of the film and television industry. Production is down from a peak that drove a significant boom in studio construction in Georgia over the past five years, leaving many owners and operators with empty soundstages. Read more: https://lnkd.in/eU8K-FAp

It's too soon to write off the Hollywood summer box office - 'Inside Out 2' and 'Deadpool 3' are examples of two heavyweights on the horizon that could guide the season to some semblance of respectability - and besides the misses, there will be breakouts. 2024 was always going to be a "down year" due to the strikes, but we'll need more than a handful of tentpoles to entice audiences back and revive cinema-going momentum. That is crucial. So come on, cinema owners, take a punt and give more screens to great indie films and even more live events. Embrace dynamic pricing. Clean up your cinemas. Clean. Up. Your. Cinemas. Motivate staff to take pride in their jobs and become film-going advocates. This is your business to lose

The hidden agenda shall be revealed.