Media

IS EUROPE 2020 STRATEGY FOR DIGITAL SINGLE MARKET WILL MAKE CANNES FESTIVAL OBSOLETE?

” I want to see pan-continental telecom networks, digital services that cross borders and a wave of innovative European start-ups. I want to see every consumer getting the best deals and every business accessing the widest market – wherever they are in Europe.” Declared EC President Jean-Claude Juncker recently.
The concern for distributors and filmmakers is whether the EC’s Digital Single Market (DSM) strategy will destroy Europe’s independent film and television businesses in favor US-based technology companies – Amazon, Apple, Google, and Netflix?

IS CHINA BIG MEDIA AMBITION FOR HOLLYWOOD FALTERING?

We all remember last year excitement about China, “SHANGYWOOD” mega studios, the dream of a stellar box office and mega deals swallowing Hollywood in Dollars coming from China. Legendary purchased by Wanda for an amazing $3.5 Billion transaction. The great Zhang Yimou, who captivated the world with his opening and closing ceremonies for the 2008 Beijing Olympics, announcing “the Great Wall” to be a smash hit at the International box office. The trade magazines were announcing that China was clearly becoming a superpower in the movie Industry!

THE TELEVISION LANDSCAPE IS CHANGING FAST, VERY FAST

In the past few days we saw the announcement of VIMEO acquiring VHX. The on-demand online video platform is adding a subscription capability that could help it compete with larger players including Netflix and Amazon. VHX makes technology that allows publishers and individual creators to sell subscriptions to their work. The deal, for an undisclosed sum, will allow video creators who use Vimeo to charge a regular fee for their channels, rather than just sell or rent out individual videos to its 280m viewers. VIMEO enters the YOUTUBE space.

CHINA BOX OFFICE & THE MOVIE INDUSTRY IN 2015

A year from now one of China’s greatest directors, Zhang Yimou, who captivated the world with his opening and closing ceremonies for the 2008 Beijing Olympics, will see his latest project open in North American theatres.

eSPORTS: THE NEW KID IN TOWN – MOVE OVER FILM AND TV

TV and Film Entertainment has always been the darling of Hollywood but there’s a new kid in town and he’s got his eyes on the bigger prize – more revenue than both TV and Film last year combined. And the new kid is called eSports. It’s competitive, exciting, intoxicating and at times, completely voyeuristic if you happen to just check into any of the live gamers talking, playing, yelling, comparing and basically socializing in their video game world.

“SHANGYWOOD” BECOMING REALITY

American film studios are desperate to win approval for releases in China because its film market is rocketing. From 2003 to 2010 box-office receipts on the mainland grew by an annual rate of more than 40% on average. In 2012 Chinese film revenues passed those of Japan, then the second-biggest market. Chinese box-office receipts are forecast to top $10 billion a year by 2017, when China will be closing in on America as the world’s biggest market.

HOLLYWOOD: A BOY’S CLUB?

I’ve never really considered myself a feminist. The picture the word feminist creates in my mind is a women protesting with a big sign basically complaining about something that will not affect change by yelling in a group. Sorry, but it almost seems comical to me. Growing up in Los Angeles, the entertainment capital of the world and the ‘land of hopes and dreams’ give everyone a fair chance but in reality, nothing is fair about it--and especially if you are a woman.

DREAM IT – BELIEVE IT – ACHIEVE IT

No Saturday is too busy to spend time with aspiring students interested in the film and entertainment business as a whole. It's important to give back and guide the inspired to inspire us in return. That's just what I experienced at LA City College. A group of 50 young, way younger than me, wanting to know what it's really like out there in terms of how to find money, how to package the right film, how to promote it, how to get in a door, any door for that matter.

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