• LIFF •
GROWING MARKET
Consumers spend on filmed content:
Global box office revenues hit $41.4bn in 2018.
Global home video entertainment market estimated
to reach $220bn in 2021.
Consumers spend
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Content investments continue to accelerate with Netflix expected
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Filmed content
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Production is presold to international distributors (contractual obligation and prepayments). Additional interest Content investments continue to accelerate with Netflix expected to spend $17bn in 2021, Walt Disney said it will be forking out $14-$16 billion in content spending in fiscal 2022 on streaming services Disney+, Hulu and ESPN+ as it ramps up original series with over 100 new titles a year planned across its five key brands, in particular Marvel and Star Wars, and local production for international markets. Disney+ and its international iterations will hit between 230-260 million total paid subscribers by that year.
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Hulu will have 50-60 million subs by the end of 2024, including its Hulu Plus Live TV service. CBSViacom-Paramount is merging CBSaccess and Paramount App (USA) into one global streaming platform by the name “Paramount+”. Hulu is going global and Disney launches a second streaming platform by the name “Star”. HBO Max is releasing it’s 2021 movie slate of 17 blockbuster simultaneously on HBO Max and Theatrical release. Between March and August 2020, U.S. adults spent 12.2 trillion minutes with digital, 11.1 trillion minutes with linear TV and 2.8 trillion minutes streaming - and these numbers continue to exponentially grow.
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