Cultura Voice

“I know, there is still a lot of skepticism on co-productions, simply because the case history is not large enough. Yet, I can tell you that a whole new slate of films is on its way. What amuses me is I know that this skepticism will (become) enthusiasm when the first breakthrough co-production film comes into being in the market.” said Cristiano Bortone, Managing Director of Bridging The Dragon, in a previous interview with CFI in May. Soon after the interview, U.S.-China co-production The Meg became a huge hit after many previous co-production attempts had fallen short. Produced by Warner Brothers and China Media Capital’s Gravity Pictures, the film was released in August and went on to overtake  Kung Fu Panda 3  as the highest-grossing U.S.-China co-production of all time, earning $527.8 million worldwide. The enthusiasm for co-production has likely been enhanced by the success of The Meg , as evidenced by the great turnout of Bridging The Dragon’s recent Si...

Is Netflix Getting Out of the Film Business? Subscribers watching licensed and original television series’ content on Netflix account for more than two-thirds of viewing time. Series viewership outpaces overall growth mainly because Netflix has dedicated vast resources to becoming a content producer rather than remaining only an aggregator. Although Netflix has acquired rights to a modest number of films at Sundance, Cannes, and TIFF, their U.S. film streaming library remains weak. Technology Company to Motion Picture Production For every $8 per month Netflix collects from its 100 million subscribers, between $6-7 is spent on content production and licensing. More than half of these content costs now fuels Netflix original programming, which has soared. The size of Netflix’s film library has steadily decreased over the last two years. Currently, on the U.S. site, less than 25 out of the top 250 films rated by IMDB are available. Conversely, HBO has licensed over ...