The silver screen is taking a financial back seat to the small screen, which has turned to gold. An analysis of five major media companies' annual reports revealed that film generates a significant amount of revenue for each media company, but an ever-smaller slice of the profit compared to television. Here is a detailed comparison of each company's revenue-to-income ratio. And the full story is here: Why Television is Trouncing Film at Major Media Companies By Alexander C.
Movies are fast becoming the ugly stepchild for major media companies, while television continues to be the cash cow that drives profits. That’s the message that emerges from an analysis conducted by TheWrap of the annual reports of five major media companies in 2011. And it's a dramatic change from the way things used to be, when movies were the straw that stirred Hollywood's drink. “I remember when international buyers had to be forced to take TV product, and they only wanted movies -- now it's the other way around,” Jeff Sagansky, former president of CBS Entertainment and a former senior executive at Sony, told TheWrap. The latest annual reports show that film has become a very small piece of the overall revenue pie. Television can be counted on to generate roughly half of a company’s revenue and up to 80 percent of its operating income, such as at Time Warner.
By LAUREN A. E. SCHUKER The Weinstein brothers are making a renewed play for the small screen. Weinstein Co. has had its hands in TV shows like "The No. 1 Ladies Detective Agency," above.
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Tue Aug 14, 2012 8:26pm IST (The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Raul Gallegos NEW YORK, Aug 14 (Reuters Breakingviews) - Rupert Murdoch is banking on U.S.
One of the more interesting launches this year at the Park City Sundance Film Festival was not a film, but a financing option for filmmakers and investors called Slated . Founded by Duncan Cork and Stephan Paternot, Slated is an online marketplace for investment in indie film that is nothing like Kickstarter or other crowd funding sources. In fact, that difference is actually the largest hurdle that Slated will have to overcome, as the company’s focus cannot be put into once sentence without adding another to stop the immediate response of “Oh, just like Kickstarter.” Slated works by taking film project submissions and carefully winnowing them down to those most likely to succeed. This process is mainly accomplished in-house by vetting several aspects of the project’s proposal, focusing on those things that make for commercially successful films (potential audience appeal, marketing costs, potential distribution channels, etc).
By Timothy Hay I2I Analytics Inc., a wealth-management firm in a leafy Bay Area suburb, is known more for prudent portfolio management than for pop-culture savvy. FunnyorDie Inc . Will Ferrell in a scene from FunnyorDie.com’s The Landlord.
When most people think of alternative investments they think of gold, oil and gas pipelines or inverse market strategies. They don't often think of independently produced movies like Sex, Lies and Videotape, Reservoir Dogs or Sideways. Indeed, it's rare that people think of independent movies as investments at all-because it's rare that they make any money. The vast majority of filmmakers outside the Hollywood orbit never find distribution for their work, and all that risk of hiring actors, scouting locations, doing the makeup and paying for the catering usually goes down the drain when the theatrical distributors say no to the finished work, which they do 95% of the time.
By PETER SANDERS IndieVest Inc. is bringing the concept of fractional ownership to people who want to invest in movies, hoping that its financial model will prove profitable in a trying era for independent movies in Hollywood. Co-founded in 2006 by Wade Bradley, a former tech venture capitalist, and producer Mark Burton, Los Angeles-based IndieVest is intended to be a one-stop-shop not only for individual film investors, but also a full-blown movie studio that develops, acquires, produces and distributes small budget films theatrically. Splash News/NewsCom Steve Buscemi leaving the set of "Saint John of Las Vegas," IndieVest's first movie -- which has 85 executive producers. Hollywood is notoriously risky even for people who are supposed to know what they're doing.
i Rate This This Page Contains The Following Lists : Top Ten “Most Spiritual” Christian Movies Ever Made Top Ten “Hollywood” Classic Christian / Bible Movies Top Ten Recent Christian / Bible Movies
WHEN Hugo Chávez became Venezuela's president, in 1999, he promised an overhaul of the country's notoriously venal judiciary. But according to charges made by a recently dismissed supreme-court justice, the flaws Mr Chávez vowed to rectify are nothing compared with what has transpired under his rule. On March 20th the legislature removed Eladio Aponte from the court. Previously a colonel and the chief military prosecutor, he joined it in 2004 when Mr Chávez expanded it and appointed 17 loyalists. He was accused of giving government credentials to Walid Makled, an alleged drug baron.
People walk in front of Venezuela's courthouse headquarters in Caracas on April 9, 2012. NEW: Ex-judge said the nation's prosecutors had asked him to "orchestrate cases" Venezuela's foreign minister says the ex-judge "sold his soul to the devil" Costa Rican official: The DEA flew Eladio Aponte Aponte to the United States this week Venezuelan officials accuse him of connections with an alleged drug trafficker (CNN) -- An ex-judge accusing Venezuelan President Hugo Chavez of manipulating court rulings is a fugitive who "sold his soul to the devil" when he agreed to talk with U.S. investigators, the nation's foreign minister said Thursday. "People like him will keep being defeated and his lies will be unveiled," Foreign Minister Nicolas Maduro said.
Definition of terms : " Traditional Distributor " = A company that mainly distributes hard copy DVD's to physical stores (like Best Buy and Wal-Mart), as well as internet stores, NetFlicks and other outlets. Because physical store shelf space is limited, traditional distributors typically only accept and open accounts with film companies that have many high quality movies in their catalog, or individual filmmakers who have at least one high quality movie title that has great potential. Because they are very selective and because the market cannot support the thousands of movies released each year, it is difficult to get a movie distributed with a traditional distributor. Some traditional distributors focus exclusively on distributing finished product, but most design the DVD box cover and do their own DVD manufacturing.