Posts

Showing posts with the label cinema

Global Streaming Revenue Set to Outpace Box Office in 2019, Study Finds

Image
The average price of a cinema ticket in most markets is higher than a month's subscription to an SVOD service, says Ampere Analysis. Global revenues from subscription streaming video services will overtake the total worldwide box office next year, a study published Monday by Ampere Analysis forecasts. Global subscription revenue is expected to top $46 billion, compared with just under $40 billion in worldwide theatrical revenue, it predicts. Revenue from subscription VOD services in the U.S. already outpaced the domestic box office take in 2017, and the U.K. market is expected to follow suit by the end of this year. China, the world's second-largest theatrical market, will see the SVOD business blow by the box office in 2019, the study finds. SVOD services, led by Netflix and Amazon Prime, are exploding across Western Europe, while local box office remains stagnant.  Ampere's study suggests that one of the reasons behind the shift may be that movie tickets a...

Global Cinema Federation Outlines Key Areas of Concerns for International Cinema Operators

Image
(Barcelona, Spain –  11 June 2018 )  Today, the Global Cinema Federation (GCF) released five position papers on key areas of concern and interest to cinema operators worldwide. The papers released today will guide the GCF in its efforts to advocate and educate on these issues on behalf of cinema operators around the world. Officially launched last year at CineEurope, the Global Cinema Federation (GCF) is a member-based industry association representing and lobbying for the global cinema exhibition community. It’s members include some of the world’s largest cinema operators, including China’s Wanda Cinemas Cinema owners give top priority to maintaining the period of the theatrical exclusivity. The theatrical window is an integral part of the commercial terms between exhibitors and distributors. A surprise launch of a short theatrical window will be regarded as unfair and unacceptable business behaviour.  International Trade and Investment Value of fre...