Join us in this week’s edition of the Entertainment Supply Chain Digest, as we see Netflix Q2 record revenue, DNEG acquires Prime Focus Technologies, and Fremantle invests in AMANT. Banijay Asia collaborates with BBC and All3Media, while Amazon MGM Studios adapts “The Loneliest Girl in the Universe” into a feature film.
Join us this week in our LIVE session to track Global Production & IP Development Trends in Film + TV (Jan-June 2024) – Mid Year Insights & What to Expect Next?
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IP Deals
Hottest IP [Stories, Formats, Books, Games, Podcasts] to be turned into the next big blockbuster- Amazon MGM Studios is developing the YA novel “The Loneliest Girl in the Universe” into a feature film. Producers Joe Roth, Jeffrey Kirschenbaum, and Katherine Langford will oversee the project, with Seldy Gray handling development for Roth Kirschenbaum Films. (🇺🇸)
- Banijay Asia will adapt BBC’s thriller “The Tourist” in India via an All3Media International deal. The new series will incorporate unique Indian cultural elements. (🇮🇳)
- Ice Cube’s Cube Vision expands its relationship with Paramount Global, securing a first-look TV deal to develop projects across all platforms, including a new scripted series at Showtime Studios. (🇺🇸)
- ABS-CBN will adapt Nippon TV’s award-winning drama Mother as Saving Grace, starring Julia Montes, marking its tenth international adaptation, set to air in 2025. (🇵🇭)
- Following the success of “Alba,” star Elena Rivera, Atresmedia, and Boomerang TV will reunite for “Perdiendo el Juicio,” a 10-episode drama set to air on Antena 3 and Atresplayer. Production starts this summer, led by executive producers Luis Santamaría and Montse García. (🇪🇸)
Production Deals
Sneak peak into recently announced production projects worldwide- Apple TV+ renews the acclaimed comedy “Loot” for a third season. Starring Maya Rudolph, the series features an ensemble cast including Michaela Jaé Rodriguez, Nat Faxon, Ron Funches, and Joel Kim Booster. (🇺🇸)
- Channel 4 has commissioned a second series of “To Catch a Copper,” its documentary on police misconduct. The two 4×60’ series will focus on severe cases, with serious offenders potentially facing years in prison. (🇬🇧)
- Prime Video India’s “Mirzapur” Season 3 shattered records, becoming the platform’s most-watched show in India during its launch weekend. The series also trended in the Top 10 across 85+ countries. Season 4 is now in development. (🇺🇸)
- ABC and Screen Australia have begun filming “Optics,” a new six-part comedy series in Sydney. Created by Jenna Owen, Vic Zerbst, and The Chaser’s Charles Firth, “Optics” is produced by Easy Tiger and Chaser Digital, with global sales handled by ITV Studios. The show, which follows two young women running a crisis management PR firm, will premiere on ABC TV and ABC iview in 2025. (🇺🇸 🇦🇺)
- TV Tokyo’s “Chaser Game W” series, based on Hiroshi Matsuyama’s manga, returns with “Chaser Game W2,” a live-action drama. It explores Itsuki Harumoto’s and Fuyu Hayashi’s relationship dynamics in the gaming industry, premiering September 19 on TV Tokyo, TV Osaka, TV Aichi, and TV Setouchi. (🇯🇵)
Distribution Deals
Distributors securing worldwide content across different genres, languages and format types- Amuz Distribution and GoQuest Media have agreed to distribute titles globally, expanding Amuz’s award-winning series into Asia, Oceania, the Middle East, North Africa, and non-French speaking territories under a new partnership. (🇮🇳 🇨🇦)
- Sony Pictures Classics has partnered with Stage 6 Films to theatrically release “The Outrun” in North America on October 4. The film, based on Amy Liptrot’s memoir and directed by Nora Fingscheidt, premiered at Sundance and features Saoirse Ronan in a leading role alongside Paapa Essiedu, Stephen Dillane, and Saskia Reeves. (🇺🇸)
- Lionsgate and Roadside Attractions acquired North American rights to “The Surfer”, a thriller directed by Lorcan Finnegan and starring Nicolas Cage, praised for its visual allure and Cage’s performance. (🇺🇸)
- Neon has acquired worldwide rights to “Shelby Oaks,” the debut feature film by filmmaker and YouTube creator Chris Stuckmann. The film, a documentary-found footage crossover, will premiere at Fantasia Festival. Neon will release it theatrically in the U.S. and handle international sales. (🇺🇸)
- The film “Ma frère” will be distributed in French cinemas and sold worldwide by StudioCanal, following pre-purchase deals with Canal+ and France Télévisions. Starring Shirel Nataf, Fanta Kebe, Zakaria Lazab, and Mouctar Diawara, the film is produced by Jean Dathanat and Pierre Grimaux of Superstructure Films, in co-production with France 3 Cinéma and Auvergne-Rhône-Alpes Cinéma. (🇫🇷)
Acquisition Deals
Streamers & channels acquiring latest content across the world- AMC Networks has partnered with Netflix to stream prior seasons of 13 series, starting in August with more arriving in early 2025. This curated collection aims to expand viewership, building on past successes like “The Walking Dead” and “Breaking Bad.”(🇺🇸)
- International drama-skewing streamer MHZ Choice in the US, Australia’s SBS, Radio Canada, France’s TF1+, and Canal+ in Slovakia and the Czech Republic have all acquired the Flemish crime series “Chantal,” produced by Belgian prodco Eyeworks. It is currently being filmed for Belgian pubcaster, VRT. (🇦🇺 🇺🇸 🇸🇰 🇨🇿 🇫🇷)
- Starz announced the acquisition of the U.S. and Canada broadcast rights to “Sweetpea,” a new drama starring and executive produced by Ella Purnell, known for her roles in “Yellowjackets” and “Fallout.”
- French broadcaster Arte has acquired three seasons of the Israeli drama Shtisel from Yes Studios. The series, which will launch on Arte’s streamer arte.tv in July 2024, delves into the lives of an ultra-Orthodox family in Jerusalem. (🇫🇷)
- Cozi TV, owned by NBCUniversal Local, has acquired the digital broadcast rights to “Married… with Children” and “The King of Queens” from Sony Pictures Television (SPT). (🇺🇸)
Global Entertainment Leaders Speak
Partnerships / M&A
Cross-Border Collaborations, Joint Ventures, M&A and Partnerships!- Fox and Foxtel have inked their inaugural co-development pact to produce series for Australian and U.S. audiences. Scripted shows and original content will debut on Foxtel’s TV platform and BINGE, with FOX Entertainment Studios managing production in Australia. (🇦🇺)
- Calculus Capital has assumed management of Great Point Media’s film and TV production finance arm, Illium, starting July 2024. Illium, known for offering secured loans to film and TV productions, will operate under Calculus going forward. (🇬🇧 🇺🇸)
- Dream Machine FX has acquired Stockholm-based VFX studio Important Looking Pirates (ILP), renowned for their work on “Stranger Things,” “Westworld,” and “Star Wars” franchises, among others. (🇸🇪)
- TERROR FILMS releasing partners with NYX TV to expand their horror library’s reach. NYX curates diverse, fan-favorite horror movies and will offer exclusive original programming, launching in the U.S. soon. (🇺🇸)
- UKTV launches the U Masterbrand, rebranding its free streaming service and free-to-air channels. The new branding includes U&Dave, U&W, U&DRAMA, and U&YESTERDAY. (🇬🇧)
Companies Making Headlines
Launch and Expansions of facilities, studios, services & technologies- DNEG Group completes acquisition of Prime Focus Technologies (PFT), enhancing media tech and distribution services. Adds CLEAR® and CLEAR AI® for advanced content management and automation in M&E. (🇬🇧 🇺🇸)
- Netflix saw strong subscriber growth in Q2 2024, surpassing Wall Street expectations. The streamer added 8.05 million net paid customers, reaching a global base of 277.65 million, with revenue of $9.56 billion (up 17%) and net income of $2.15 billion
- Impossible Objects opens a new Culver City facility with a 30×10 foot LED wall, enhancing virtual production for commercial projects and original IP like “The Cloud Racer.” (🇺🇸)
- Fremantle has acquired a stake in AMANT productions, a new prodco from former heads of Dutch unscripted programming at HBO Max and Prime Video & Amazon MGM Studios, Sabine Feij and Jeroen Compeer. (🇬🇧)
- In a milestone for Perth Film Studios, 40-meter steel roofing structures are being installed at the Malaga site. The $233.5 million project aims to create a world-class production facility in Western Australia, featuring extensive amenities and a substantial backlot. (🇦🇺)
Featured New Specializations
Global innovations & breakthroughs in the Entertainment supply-chain- Phantom Digital Effects introduces cutting-edge technologies including advanced automation tools, a state-of-the-art Virtual Production unit using real-time technology, AI-driven solutions for enhanced productivity, and creation of photorealistic virtual sets.(🇮🇳)
- Mark Roberts Motion Control (MRMC) has launched the Super Milo, boasting speeds up to 9’10 per second on track and 16’5 per second with combined camera movement. This high-capacity solution supports payloads up to 77 pounds, ideal for high-speed filming and features electronic lifting actuators for quick setup. (🇬🇧)
- Stype unveils StypeLand plugin for Unreal Engine, enhancing virtual set integration. RedSpy v4 camera-tracking system features IR, accelerometer, gyroscope sensors for precise indoor/outdoor tracking across major render engines. (🇳🇴)
- Waves Audio updates StudioVerse with StudioVerse Instruments, offering diverse instrument presets and improved StudioVerse Audio Effects (formerly StudioRack) with enhanced UI and search capabilities.
- BET is launching two FAST channels, BET Tyler Perry Drama and BET Tyler Perry Comedy, featuring 600 hours of Perry’s BET and BET+ series. Shows include “Sistas,” “The Oval,” “House of Payne,” and more, with additional series from TBS and OWN to be added later. (🇺🇸)
Localization & Post-Production
Latest updates in the world of content Localization & Post-Production- DaVinci Resolve 19 introduces IntelliTrack, an AI-powered tracking and stabilization tool, and ColorSlice, a fixed vector color correction feature that simplifies complex color grading, enhancing workflow efficiency and precision. (🇦🇺)
- AI audio firm ElevenLabs acquires rights to use voices of Judy Garland, James Dean, Burt Reynolds, and Laurence Olivier for its Reader App, providing context-aware voiceovers for text materials.(🇺🇸)
- Mediaproxy integrates AI-Media Technologies’ LEXI Recorded platform, expanding LogServer capabilities with fast turn-around captions and transcriptions for better accessibility in TV broadcasting.(🇦🇺)
- Avid upgrades Nexis for demanding audio projects, enhancing performance and scalability. New F2 SSD engine and software updates support up to 8,000 tracks, enabling faster audio punch-in and session saves. (🇺🇸)
- Shure launched the WL18Xm lavalier microphones at InfoComm 2024, offering improved sound quality, compact design, multiple polar patterns, and seamless integration with wireless systems. (🇺🇸)
Animation, VFX & Virtual Production
Latest global updates in Animation, Visual Effects VFX & Virtual Production- Beeble AI raises $4.75M for SwitchLight Studio, enhancing indie filmmaking with AI-driven virtual lighting, aiming to democratize high-quality visual effects in the film industry.
- Digikore lands a major contract with CBS Studios for the STAR TREK franchise, marking a significant milestone for the company. It marks Digikore’s ambitious entry into the American market, showcasing its advanced VFX and Virtual Production capabilities. (🇮🇳 🇺🇸)
- Layered Reality teams up with The Mill for “Elvis Evolution,” utilizing AI for an authentic Elvis experience. The project is led by Layered Reality’s expanded creative team, including Oran Doyle and Catherine Hayward. (🇬🇧)
- DNEG, renowned for VFX in films like Dune: Part Two and Avatar, integrates ASUS and ProArt for AI-driven efficiency. Virtual machines aid global teams in accessing specialized equipment crucial for AI workflows, enhancing cinematic possibilities. (🇬🇧)
- Advanced Systems Group’s (ASG) new Virtual Truck offers cloud-based remote production for live events, leveraging advanced tech and partnerships to reduce costs and democratize live production for new professionals.(🇺🇸)