The world of entertainment is abuzz with anticipation as MIPCOM 2023 approaches. Hollywood, the epicenter of the global entertainment industry, finds itself at a crossroads. Productions have ground to a halt, paralyzing the industry. Amid this uncertainty, there’s a surging demand for unscripted, factual content, leaving production companies with stalled projects and networks searching for solutions.
Hollywood’s Standstill: WGA Strikes called off tentatively. Impact of production delays
The WGA strike has been tentatively called off. This influential guild is the creative backbone of the American (and, by extension, global) entertainment industry. They have nearly stopped all scripted productions from the United States. This has created a major shortfall in the global supply of new titles. As speculations persist, the entertainment world is left wondering how networks and studios will adapt to this unprecedented shortage in new releases for english content. With capital locked up in production deals, global giants such as Netflix, Amazon, WBD, Paramount Global, and Comcast have little wiggle room to keep audiences glued to their channels.
The Entertainment Landscape in 2024: A Look Ahead
As we inch closer to 2024, the aftermath of the events in 2023 will undoubtedly shape the entertainment sector’s future. Will we witness a flood of international content inundating our streaming subscriptions? If you wish to have more detailed information or seek a more comprehensive insight into what to expect at MIPCOM this year, sign up to get your Vitrina account today.
MIPCOM has always been a pivotal event in the entertainment industry, but this year, there will be new questions on everyones minds. As networks grapple with the production standstill and prepare budgets for the coming year, all eyes are on the licensing deals that will be struck during the event.
But what kinds of deals can we expect in the current landscape? With studios and networks looking to bolster their content libraries, licensing deals for existing shows and fresh concepts are likely to be on the table. While scripted content may be scarce, unscripted series, documentaries, and factual programming are poised to shine. Distributors are gearing up to showcase their content slates, enticing buyers with a diverse range of narratives.
Tracking Top Distributors and Preempting their MIPCOM Catalogs
Vitrina, a leading industry tracker, has been diligently monitoring the pulse of production, distribution, and acquisition deals throughout 2023. The emergence of unscripted content has not gone unnoticed, and distributors are poised to impress buyers with their carefully curated content slates.
In this article, we take a look at some of the top distributors attending MIPCOM and speculate/ preempt their catalogs on offer basis recent activities monitored as well as their near-completion projects.