The Goat Life (previously titled Goat Days) will release in theaters across the UK, India, Australia and France today.
08.03.2024 - 13:43 / deadline.com
Good afternoon Insiders, Max Goldbart here taking you through what has been a whirlwind of a week in international TV and film. Do not stop here — please do read on. And sign up here.
£1B worth of sweeteners: It was a potentially “game-changing” week for a floundering British indie film sector with the unveiling of a 40% tax relief on movies with budgets less than £15M ($19M) — a relief that trade body Pact says it has been calling for in some form or another since 2017 and which answers the prayers of Culture, Media & Sport Committee boss Caroline Dinenage. Jeremy Hunt’s budget was perhaps the most listened-to and most celebrated for a decade by the creative industries after the UK Chancellor unveiled the relief with fanfare alongside 40% business rates relief for big studios and improved VFX relief. All in all, Hunt and the UK treasury said that the various sweeteners will be worth more than £1B in additional relief over the next five years — not to be sniffed at.
“It’s extraordinary”: The biggest names in the UK biz were out in force to hail the 40% relief, which is seeking to give a shot in the arm to a once world-beating indie sector that birthed the likes of Ken Loach, Mike Leigh and Bend it Like Beckham’s Gurinder Chadha. Stars including Christopher Nolan, Ridley Scott and Barbara Broccoli did not hold back with the superlatives. “It’s extraordinary,” was the verdict of Rebecca O’Brien, boss of Loach’s indie, who spoke to Zac in the immediate aftermath of the budget. “It just gives me confidence and means if I can raise the money more easily, I can spend more time helping the production and making a good film rather than spending all my time on Zoom trying to sort out the money.” O’Brien’s summation pointed to
The Goat Life (previously titled Goat Days) will release in theaters across the UK, India, Australia and France today.
Bruce Springsteen is set to become a Fellow of The Ivors Academy – making him the first international songwriter to receive the honour.Announced today (March 25), The Boss is set to receive the award at this year’s instalment of the Ivors, which will take place at Grosvenor House in London on Thursday, May 23.Becoming an Academy Fellow is the highest honour the organisation bestows, and with it, the iconic singer, songwriter and guitar becomes the first-ever international songwriter that the Academy has inducted into Fellowship in its 80-year history.“I’m proud to be the first international songwriter to be recognised by The Ivors Academy. In addition to recognising my songwriting, the award stands as a tribute to the fans and friends who have supported me and my work for the last fifty years,” Springsteen said of the announcement.
EXCLUSIVE: After smashing records in Vietnam, Tran Thanh’s hit romance drama Mai has now set a new milestone for an opening weekend at the international box office, becoming the first Vietnamese title to score a $1M debut outside the home market.
Universal/DreamWorks Animation’s Kung Fu Panda 4 had a rock ‘em sock ‘em weekend at the international box office, adding $55.3M from 69 markets for a $135M overseas running cume, and $268.2M global (there are several key markets still to release, including France, Australia, the UK and Korea).
Elsa Keslassy International Correspondent In one of the most anticipated keynotes at Series Mania Festival, JB Perrette, president/CEO of global streaming and games at Warner Bros. Discovery, dropped the launch date for Max across the first nine European countries on May 21.
The eagerly anticipated musical Come From Away is coming to The Lowry Theatre.
Paramount+‘s international ad-tier plans are coming together.
Naman Ramachandran Robert Schildhouse will serve in an expanded role at streamer BritBox International following the departure of global CEO Reemah Sakaan. Schildhouse, who previously had stints with Hulu and CBS, joined the streamer in 2022, with his most recent position being general manager, North America, and group editorial for BritBox International, where he was instrumental in driving the service’s business growth in the U.S. and Canada.
BritBox International has its new leader following BBC Studios‘ takeover of the streamer.
With a solid offshore hold, Denis Villeneuve’s Dune: Part Two is closing in on $500M globally. The overseas weekend brought in $51.2M across 73 markets, a 40% drop versus last session (-37% excluding China). The international box office cume through Sunday is $289.4M, and worldwide the running total is $494.7M. The latter figure means the film has already surpassed Villeneuve’s 2021 Dune worldwide.
We’re back again, Insiders. Jesse Whittock with you this week, as Netflix showcased its latest wares, Hong Kong welcomed the entertainment world and Argentinian film was plunged into crisis. Here we go. Sign up to the newsletter here.
Non-English language movies stormed the Oscars this year, with five foreign language films taking home statuettes, which is the highest number ever in one ceremony.
ZDF Latest To ‘Race Across The World‘
Jonathan Glazer’s landmark Holocaust film The Zone of Interest, as widely expected, has just scooped the International Feature Oscar. This is the 20th film that the UK has submitted to the category, and the first to win the race.
The UK government is to introduce an extended indie movie tax credit for films that have budgets between £1M and £15M, along with bringing in business rates relief for big studios.
EXCLUSIVE: International Artists Management (IAM) has been removed from the UK’s respected agency professional body after Deadline revealed it sent a client misrepresented self-tape audition invites.
FRIDAY UPDATE: Dune: Part Two added 42 international box office markets on Thursday, taking the offshore cume on the Denis Villeneuve-directed sequel to $20.8M in a total 55. This includes two full-days of play and previews in those markets.
Good afternoon Insiders, Jesse Whittock with you in London, where the TV world has decamped this week for a series of screenings. Read on, and sign up for the newsletter here.
Naman Ramachandran BBC Studios has bought British broadcaster ITV‘s 50% stake in streamer BritBox International for £255 million ($322 million), the companies revealed on Friday. The streamer was founded in 2017 as a joint venture between BBC Studios, which is the commercial arm of the British broadcaster, and ITV. “The transaction will provide net proceeds including loan repayments and accrued dividends and after tax of around £235 million,” the companies said.
BBC Studios has paid £255M ($321M) to acquire ITV‘s shareholding in their joint venture streamer, BritBox International — the biggest ever single transaction for the BBC’s commercial wing.