All3Media To Begin Shopping ‘The Kardashians: A Billion Dollar Dynasty’
27.12.2022 - 13:11 / deadline.com
It’s The Economy, Stupid
Recession is coming and the global TV and film industries are far from immune. Inflation is rife in multiple international markets and consumers are feeling the pinch: in the UK, for example, almost one million households cancelled their streamer subscriptions between January and September. The cost-of-living crisis has been prominent in Deadline’s chats with producers, buyers and sales agents in recent months. Showtime Entertainment President Jana Winograde summarized the situation neatly at the recent Content London event when she said “belt tightening is coming.” Layoffs have hit the tech and entertainment sectors hard in the past quarter. Meanwhile, a recent survey from UK producer body Pact found that costs of production have already rocketed by 10% to 20%. Dozens of producers used the same survey to lambast networks for failing to help with rising costs. As energy prices soar, the industry will have to seek workarounds to a global crisis that will likely be felt for some time.
Box Office Returns?
The international box office is currently projected to see an 11.6% increase in 2023, reaching $20.4B, according to early estimates by film tech firm Gower Street Analytics. Regardless of whether the forecast stays precisely on track, industry execs we polled roundly anticipate a better 2023 than 2022 as most markets return to better form, and despite continued uncertainty surrounding China. To be sure, after a dearth of major new product from the latter part of the summer to mid-October 2022, next year’s calendar is jam-packed (some even say too packed) with potential blockbusters. That said, macro economic challenges are growing and consumption habits remain altered. Markets to watch will
All3Media To Begin Shopping ‘The Kardashians: A Billion Dollar Dynasty’
A flying ace, rampaging dinosaurs, Marvel, DC, Minions and battling blue aliens on a distant planet were among the highlights of 2022 for the Hollywood studios at the global and international box office. Still, it was yet another year of transition, with worldwide grosses reaching an estimated $26B — a 27% increase on 2021 but 35% off the pre-pandemic three-year average, according to Gower Street Analytics. The upward trajectory also occurred overseas as some markets came back strongly, while others struggled and exchange rates went wild.
Reading the tea leaves with regard to China in 2023 is even more difficult than usual. The country’s about-face on its longstanding zero-Covid policy has implications from geopolitics to economics and, closer to home for Hollywood, the state of the market after a dismal 2022. Exactly what those implications are is where the guesswork comes in.
about Prince Harry's Spare, think again. The Duke of Sussex's interview with Anderson Cooper ; while in the UK, ITV will air his sit down with Tom Bradby.
Refresh for latest…: That was fast. Coming out of its fourth weekend of release, James Cameron’s Avatar: The Way of Water has topped $1.7B globally and become the No. 7 biggest movie of all time worldwide.
Tom Hanks believes Mae West got it wrong. Goodness has something to do with it.
Global box office for 2022 reached nearly $26B, a 27% gain on the previous year, according to Gower Street Analytics. Of the estimated $25.9B total, the international box office represents $18.4B, a 16% increase on last year at current exchange rates, the total being dragged down by China. Stripping out that market, overseas is estimated at $14.1B for a 55% hike on 2021. Domestic was up 65% to $7.5B for a 65% increase, per Gower’s partners at comScore.
Hong Kong’s box office managed to stage a partial recovery in the second half of 2022, despite cinemas being closed for nearly four months earlier in the year, due to US titles including Top Gun: Maverick and Avatar: The Way Of Water and a strong line-up of local movies.
No surprise here: Walt Disney is the No. 1 studio at the box office, not just worldwide with $4.9 billion, but also domestic with $2 billion and overseas with $2.9 billion. This comes after an initial New Year’s weekend which saw Avatar: The Way of Water overperforming, that pic contributing close to $1 billion abroad. It’s the 7th consecutive year that Disney ahs been No. 1 at the global box office, from 2016-2022.
come and go, influenced by the world and the people around us at that particular moment.So, what are set to be the most popular baby names of 2023? According to research by British name label manufacturer , this year baby names are set to be inspired by sport stars and by some of our favorite TV shows. Although England’s World Cup dreams may have been cut short, it seems the squad has played a major part in influencing the minds of expectant parents in the U.K. when it comes to baby names.
French cinemas amassed nearly 152 million admissions in 2022, new data from the National Cinema Center (CNC) shows. That’s an estimated 26.9% off the pre-pandemic three-year average (2017-2019), and an estimated 59.2% hike on 2021 which endured 138 days of movie theater closures. France reports its box office in terms of admissions, however, the total for the year is expected to exceed $1 billion.
China’s box office in 2022 dropped 36% versus 2021, reaching approximately RMB 30B ($4.35B). According to China.org, citing figures from the China Film Administration, 85% of the 2022 revenue was generated by local movies, led by The Battle at Lake Changjin II with RMB 4.07B ($636M at historical rates, per comScore). This past weekend, James Cameron’s Avatar: The Way of Water became the highest-grossing studio import of the year, overtaking Jurassic World Dominion with an estimated $152.8M through Sunday.
Refresh for latest…: James Cameron’s Avatar: The Way of Water rang in the New Year with another $186.7M from 52 international markets for a $1.379B global cume to date. Excluding China, the film rose 4% from last weekend’s Christmas frame offshore (including China it was even with last session). The international box office now stands at an estimated $957M, meaning Way of Water will cross $1B overseas early this week.
Blueback, based on Tim Winton’s 1997 novel of the same name, she didn’t realise how much the part would influence her in real life. Mitchell, who stars alongside Eric Bana and Mia Wasikowska in the movie about a girl who befriends a wild blue groper while diving, sat down with WHO from her home in the US to discuss all things under the sea and overcoming her fears. Watch Below: Blueback Official Trailer 2023How much time were you in the water when shooting? Rob [Connolly] rang me and said, “Do you want to be in the film?” But I’m afraid of deep water. Some of the training was in a diving pool, then in the ocean.
PBS will bring back six series and premiere two period dramas in 2023, which includes the debut of Tom Jones on Masterpiece that’s based on the 1749 novel The History of Tom Jones, A Foundling.
Coming out of its second weekend, James Cameron’s Avatar: The Way of Water has banked an estimated $855.4M globally through Sunday. The sophomore session added $168.6M at the international box office in 52 markets for a $601.7M running cume.
Good afternoon Insiders and a happy holiday to you all, Max Goldbart here seeing out the year. We’re inching slowly towards the holiday and have just got a quick summary of the week’s headlines and some Essentials for you this week. We’ll be taking a well-earned (we hope!) break next week but back all systems go on Friday January 6. Until then, our heartfelt thanks go out to all you Insider readers. We are nothing without you. Merry Xmas, Happy Chanukah and a Happy New Year.
With strong and consistent mid-weeks, James Cameron’s Avatar: The Way of Water has crested the $600M mark worldwide. This comes after it rapidly passed $500M global earlier this week, following its $441.6M opening weekend. The current worldwide total through Wednesday is $609.7M including $426.8M from the international box office.