UPDATED with content spend stats from annual report: Giant Amazon said its total expenses for video and music came to $16.6 billion last year, up from $13 billion in 2021. Video and music expense includes licensing and production costs associated with content offered within Amazon Prime memberships, and costs associated with digital subscriptions and sold or rented content, according to the company’s latest annual report that followed fourth quarter financials yesterday. On an earnings call Thursday, CFO Brian Olsavsky noted that Amazon spent $7 billion on originals, live sports and licensed content in 2022, up from $5 billion the year before. It’s unclear if those figures include all worldwide video content, which is increasingly central to Amazon’s strategy in driving membership for Prime, the biggest loyalty program in the world and the beating heart of the company. Amazon (which acquired MGM last year for $8.5 billion in cash) carefully evaluates its return on … [Read more...] about Amazon Praises Video As Key Driver Of Prime; 2022 Content Spend, Including Music, Hit $16.6 Billion
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Channel 4: Inside The Doomed Sale Of A Crown Jewel Of British Television
There was a moment last November when Channel 4 ’s senior executives breathed a sigh of relief. Sat at the top table of Channel 4’s 40th birthday party, Chief Executive Alex Mahon was flanked by her friend Elisabeth Murdoch and doyens of UK broadcasting, including BBC Director-General Tim Davie and Carolyn McCall, ITV’s Chief Executive. They were raising a glass to a British success story in a rare public display of unity. On the same table was Thérèse Coffey, a senior government minister who had survived three prime ministers in the space of little more than three months. Her presence at the V&A Museum event bemused others, who believed the government only had hostile intentions for Channel 4 after sanctioning a sale of the broadcaster against its wishes. Things soon got weirder. Coffey turned to Mahon and asked if she could raise a glass to Channel 4. She then proceeded to surprise the room full of TV luminaries by serenading her hosts with a rendition of happy … [Read more...] about Channel 4: Inside The Doomed Sale Of A Crown Jewel Of British Television
Israeli Public Broadcaster Closure Postponed “Until Further Notice,” Says Benjamin Netanyahu Government
The closure of Israeli public broadcaster Kan by Benjamin Netanyahu ’s new government has been delayed indefinitely, according to a spokesman for the Communications Minister. The Israeli TV community will be breathing a cautious sigh of relief, for now, after the representative for Shlomo Karhi told local press that the plan has been delayed “until further notice” in order for the government to focus on passing legal reform. A public broadcasting blueprint was initially set to be delivered by Karhi next week. He had sparked outrage when he told the country’s non-public-service Channel 12 TV station “there is no place for public broadcasting in Israel ” last month, while arguing that the TV market should be opened up fully to competition. Lobbying has been taking place behind the scenes since from local TV unions and producer groups. Deadline understands organizations being lobbied to oppose the closure included the U.S. Democratic Party. Israel has three public … [Read more...] about Israeli Public Broadcaster Closure Postponed “Until Further Notice,” Says Benjamin Netanyahu Government
Dardennes, Alice Diop, Cristian Mungiu, Adil El Arbi & Bilall Fallah Demand Iran’s Fajr Film Fest Remove Titles From Line-Up
Belgian directors Jean-Pierre and Luc Dardenne , Adil El Arbi and Bilall Fallah, French filmmaker Alice Diop and Romanian director Cristian Mungiu have demanded that Iran ’s Fajr International Film Festival remove their films from the line-up of its current edition, running from February 1 to 11. The filmmakers said in separate statements that they discovered by chance that their respective films Tori And Lokita , Saint Omer , Rebel and R.M.N. had been included in Fajr’s selection without their personal permission. The issue only came to light as the festival kicked off because it had kept its line-up under wraps in a bid to head off boycotts by directors and producers, due to the brutal crackdown of ongoing protests related to the death of 22-year-old Mahsa Amini in police custody in September. Paris-based sales agent Wild Bunch International which handles the titles said their inclusion in the Fajr line-up was also a surprise to them. Two other … [Read more...] about Dardennes, Alice Diop, Cristian Mungiu, Adil El Arbi & Bilall Fallah Demand Iran’s Fajr Film Fest Remove Titles From Line-Up