Big data for financial services

French studio Pathé and film and TV financier and producer Logical Pictures have announced a three-year co-production and co-financing deal. The operation involving Logical Content Ventures, a new fund operated by Logical Pictures, will see Pathé open up the financing of its films to private investors for the first time in its history. Under the deal with Pathé, Logical Content Ventures will contribute to the financing of all films produced and acquired by Pathé between 2022 and 2024. The aim is to co-finance and co-produce more than 20 pictures together with the first projects being released as soon as Spring 2023. The first films included in the agreement are Dany Boon’s Life for Real (Pathé – 26DB Productions), Just Philippot’s environmental thriller Acid (Pathé – Bonne Pioche), starring Canet and Laetitia Dosch, and Kirill Serebrennikov’s English feature debut Limonov: the Ballad of Eddie (Pathé – Chapter 2 – Wildside – Fremantle) starring Ben Whishaw. … [Read more...] about Pathé & Logical Pictures Team On Slate Financing Deal As French Studio Targets Big Budget Local & European Tentpoles

The results are in, and Netflix undoubtedly dominated the Nielsen U.S. streaming charts for 2022, led by originals including Stranger Things , Wednesday and Ozark — as well as acquisitions like Cocomelon and NCIS. The streamer took home 11 of the top 15 spots on the overall streaming program list, and 13 spots among the streaming originals. Stranger Things came in at No. 1 on both lists with 52B minutes viewed across all 34 episodes of the series. Ozark came in at No. 2 on the streaming originals chart and No. 4 overall with 31.3B viewing minutes. Wednesday ‘s 18.6B minutes viewed put the series in third place among the streaming originals and 12th place overall — an impressive feat considering the new series only has eight episodes. Many of the series on the list have dozens or even hundreds of episodes. Cobra Kai, Bridgerton, Virgin River, Dahmer, Love Is Blind, Inventing Anna, and The Crown rounded out the Top 10 for the streaming … [Read more...] about ‘Stranger Things’ Rules 2022 Streaming Charts, Nielsen Says; Netflix’s ‘Wednesday’ & ‘Ozark’ Big Winners Too

With advertising trends front and center for Wall Street and industry players in the current crop of media earnings , Comcast’s NBC Universal was one of the first to weigh in. NBCU CEO Jeff Shell said the market steadily  worsened over the course of last year but “it kind of feels like it bottomed out around late November, early December, and really since then it hasn’t gotten worse, and maybe even a little better.” He said he’d describe it as a “shallow” market with areas “that are better, actually really doing well, like pharma, entertainment, travel is on fire” and other that “feel uncertain” like weak tech, auto and financial services. Speaking on a post-earnings conference call, he said it feels like the weakness is due more to macroeconomic uncertainty than to businesses not doing well. “None of us know where the economy is headed, so advertisers are holding back, and when they do advertise, they are coming in later than usual. He predicted the market “is … [Read more...] about NBCU’s Jeff Shell Says Ad Market May Have “Bottomed Out”

Streaming service Peacock closed 2022 with more than 20 million paid subscribers, helping Comcast slip past Wall Street estimates during a challenging fourth quarter in the media business. Total revenue came in at $30.55 billion in the period, less than 1% ahead of the prior-year quarter but just above analysts’ consensus. Earnings per share of 70 cents fell short of estimates, but exceeded them on a non-GAAP basis. Along with Peacock, a strong return for theme parks helped NBCUniversal post solid numbers on the top line, with revenue up 6% to $9.9 billion. Advertising revenue increased 4%, which the company credited to Spanish-language coverage of the World Cup by Telemundo and rising Peacock ad revenue. The profit story was less encouraging, with adjusted EBITDA falling 36% to $817 Theatrical revenue at the film studio soared 47% over the prior year, with Ticket to Paradise , Puss , Violent Night and Halloween Ends closing the year on a high note. … [Read more...] about Peacock Clears 20M Subscribers, Helping Comcast Nip Wall Street Q4 Estimates

Executives at NBCUniversal and Comcast took the stage at Studio 8H at Rockefeller Center on Thursday and offered their first financial projections for streaming service Peacock during an investor presentation. Four years after it launches, first to some Comcast subscribers in April and then nationally by July, the service will be bringing in $2.5 billion in revenue and breaking even. There will be 30 million to 35 million “active users” by that point, the company said. “We are creating the equivalent of a 21 st century broadcast business, delivered on the internet,” NBCU chairman Steve Burke said. While cord-cutting is a reality, counting on-demand and digital viewing, he continued, “More people are watching more video today than ever.” Peacock Investors Day: Deadline’s Complete Coverage While subscriptions ranging from $5 a month to $10 a month will be sold to non-Comcast subscribers, the company is counting on advertising revenue being a mainstay … [Read more...] about NBCUniversal Expects $2.5B In Peacock Revenue, Break-Even By 2024

Kevin Fortson, the Executive Vice President of Production & Administration for Warner Bros . Unscripted Television, will retire this summer after three decades with the studio. “For the past 30 years, Kevin has been an indelible part of Warner Bros,” said Mike Darnell , President, Warner Bros. Unscripted Television. “His name has literally become synonymous with the company and the lot itself. Personally, I will miss him for his counsel, his friendship and his endless string of dad jokes. He truly is one in a million … although he would probably try to cut that budget down! He is as important to the studio as any movie or television show ever produced here, and if I had the power to do it, there would be a stage with his name on it, right next to Friends and The Big Bang Theory. He is known as the unofficial Mayor of the lot, and his constituents will miss him dearly… and no one will ever be re-elected to that position.” Fortson has been leading all aspects of … [Read more...] about Unscripted TV Exec Kevin Fortson To Retire After 30 Years With Warner Bros.

NBCUniversal CEO Jeff Shell said the company is always eyeing possible deals to bolster its business, citing the $3.8 billion acquisition of DreamWorks Animation in 2016 and Universal’s partnership with Blumhouse Productions . Shell jumped in Thursday after Comcast president Mike Cavanagh noted new deals have a high hurdle versus investing in existing operations. The execs were asked about M&A on a post-earnings conference call, with particular reference to World Wrestling Entertainment. Vince McMahon, WWE ’s majority owner and newly returned executive chairman, is looking to sel l, with Comcast considered a logical buyer. WWE Network programming has been popular on Peacock and helped drive subscriber acquisitions since the service took exclusive U.S. streaming rights in 2021. Shell didn’t address WWE but said the conglom led by Brian Roberts would be opportunistic. And with a market cap of $6.45 billion, WWE is not a mega-deal. “We are always looking … [Read more...] about NBCU Chief Jeff Shell Says Comcast Open To “Bolt-On” Deals, Cites DreamWorks Animation Acquisition, Blumhouse Venture

Starzplay has announced its first Arabic-language original series, created in collaboration with Emirati content powerhouse Image Nation Abu Dhabi . The international streaming service of Starz has a big following in the Middle East and North Africa where its regional offering Starzplay Arabia is available in 19 territories. The new show, called Kaboos , features five standalone episodes and is billed as a modern-day retelling of Arab folklore. It explores urban legends in Saudi Arabia , Kuwait, Egypt and the UAE, across a variety of genres from classic horror stories to noir psychological thrillers. Some of MENA’s hottest rising young directors are attached to the show, including the UAE’s Majid Al Ansari ( Zinzana , Paranormal ) and Hana Kazim ( Makr ) as well as Iraq-born, Abu Dhabi-based Yasir Al Yasiri ( 122 ), Egypt’s Ahmed Khaled ( 30 March ) and Bahraini, U.S.-based director and producer Hala Matar ( Streetcar ). The horror anthology … [Read more...] about Starzplay & Image Nation Abu Dhabi Unveil Streamer’s First Arabic Original Series ‘Kaboos’

UPDATED with final winners: The Oscar-winning documentary Summer of Soul , Bo Burnham’s Emmy-winning musical comedy special Inside , Barry Jenkins’ The Underground Railroad and Raoul Peck’s Exterminate All the Brutes are among the final list of winners of 2022 Peabody Awards . The Peabodys, in their 82nd year, honor the year’s most powerful content across the fields of entertainment, documentary, news, podcast/radio, arts, children’s and youth, and public service programming. The organization based at the Grady School of Journalism at the University of Georgia wrapped up a a weeklong rollout of all 30 winners Thursday. This year’s awards were presented by the likes of Melissa McCarthy, Morgan Freeman, John Legend, Kevin Bacon, H.E.R., Ethan Hawke, Jon Stewart, Hasan Minhaj, Riz Ahmed, LeVar Burton, Jenny Slate, Malcolm Gladwell and Adam Scott. Newsman Dan Rather and Fresh Air ‘s Terry Gross have already won this year’s Career Achievement Award and … [Read more...] about Peabody Awards: The Complete List Of 2022 Winners