STREAMING undercuts cinema while Disney surge

https://nypost.com/2019/12/27/streaming-services-cut-into-2019-box-office-profits/

Disney had 7 of the 10 biggest 2019 hits ... AND 7 $1bn+ global hits. They've also released an Xmas movie, Noelle, exclusively on the Disney+ platform (no theatrical release). Just as notably, also in November, they did the same for a Lady and the Tramp remake. That same month The Irishman became the highest profile Netflix release, a tentpole level production with huge buzz. It was given a minor theatrical release in some Indies/arthouse cinemas (the chains boycott Netflix), ensuring awards eligibility.

US box office was slightly down (3.6%) on 2018, the 5th time it had fallen this decade, but it's still almost $11.5bn. Disney's chunk of that is worryingly high.

BOX OFFICE Forbes analysis

It's not the particular article I want to draw your attention to, more the source. ScreenDaily and Variety, the industry magazines, carry such insights daily too btw...

I can't recommend reading The Guardian's box office columns enough. This Forbes column is much less accessible, Forbes being a high end business magazine so expects it's audience to be familiar with many business terms and concepts, and interested in in-depth analysis of figures. But it's a useful one to further your ongoing, independent development of how the film industry works, on a global scale.

https://www.forbes.com/sites/scottmendelson/2019/12/13/thursday-box-office-jumanji-richard-jewell-black-christmas-blumhouse-clint-eastwood-dwayne-johnson/

VERTICAL INTEGRATION New Comcast NBCU Sky studio complex

Sky to create 2,000 jobs with new Elstree TV and film studio

https://www.theguardian.com/business/2019/dec/03/sky-jobs-elstree-tv-film-studio?CMP=Share_AndroidApp_Gmail

CINEMAS 16-34 are half the box office as records made

It's a key point in grasping the industry (and coursework!) - the core youth audience, 16-34, account for almost 50% of all UK ticket sales (similar to USA), with a slate of global $bn+ 2019 releases putting this on track to be a record year.

Alongside this cinema advertising has grown into a £200m market. Cinemas continue to develop to offer more luxury and a brightened experience from a cinema visit, with the luxury, premium priced Everyman chain for example adding another 34 cinemas in the last 5 years

Hollywood blockbuster boom fuels record UK cinema advertising

https://www.theguardian.com/film/2019/dec/02/hollywood-blockbuster-avengers-frozen2-boom-fuels-record-uk-cinema-advertising?CMP=Share_AndroidApp_Gmail