Close to EUR 21 bn was invested in original European content by audiovisual services in 2022, mostly on scripted programming. Broadcasters and streamers have increased their spending faster than before. The UK and Spain alone accounted for 37% of streamer investments. Global streamers are driving the trend.
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Viewing of broadcast and cable networks increased in October due to higher sports viewership. Cable rose 0.9% with a 19% increase in sports, and 17% in news. Streaming was down 0.6%, with a 5.6% decrease in Netflix usage. NFL, World Series, and Suits were the top programs while streaming services such as YouTube, Netflix, Amazon, Hulu, and Disney+ saw no change from Sept.
Read MoreNetflix, Prime Video, Disney+, Apple TV+, Paramount+, and Max/HBO Max will invest $42 billion in film & TV content this year, with 7% growth. Originals in crime, thriller, sci-fi & fantasy genres plus increased spending on unscripted content drive the growth, with content acquisitions contributing as well.Netflix, Prime Video, Disney+, Apple TV+, Paramount+, and Max/HBO Max will invest $42 billion in film & TV content this year, with 7% growth. Originals in crime, thriller, sci-fi & fantasy genres plus increased spending on unscripted content drive the growth, with content acquisitions contributing as well.
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Major streaming services plan to invest $42 billion in original and acquired film and TV content this year, down 7% from last year. Crime/Thriller, Sci-Fi/Fantasy and Comedy are main growth drivers, with each service focusing on certain genres to gain and retain subscribers.Major streaming services plan to invest $42 billion in original and acquired film and TV content this year, down 7% from last year. Crime/Thriller, Sci-Fi/Fantasy and Comedy are main growth drivers, with each service focusing on certain genres to gain and retain subscribers.
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Major streaming companies are shifting focus to unscripted content like game shows and reality TV. Crime & Thriller is the top SVoD investment at $12 billion this year. Netflix leads investments, while Disney+, Paramount+ and Apple TV+ plan to increase their budgets.Major streaming companies are shifting focus to unscripted content like game shows and reality TV. Crime & Thriller is the top SVoD investment at $12 billion this year. Netflix leads investments, while Disney+, Paramount+ and Apple TV+ plan to increase their budgets.
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Networks may order more episodes than expected after SAG-AFTRA and the AMPTP strike, potentially leading to higher costs and cancellations. Shows will take 8-10 weeks for dramas and 6-8 weeks for comedies to be ready for midseason launch, while established shows have stocked up material for fall 2024. Everyone must adapt for an “unusual” year, but there is hope of “saving” the season.Networks may order more episodes than expected after SAG-AFTRA and the AMPTP strike, potentially leading to higher costs and cancellations. Shows will take 8-10 weeks for dramas and 6-8 weeks for comedies to be ready for midseason launch, while established shows have stocked up material for fall 2024. Everyone must adapt for an “unusual” year, but there is hope of “saving” the season.
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Network TV is struggling due to the strike, leading to mostly canceled lineups. Reality shows and game shows will fill in the gap while a few foreign shows are imported. If settled soon, 2023 season can start in January, but streamers like Netflix have shows stocked for fall, so Hollywood is focusing on their success. Legacy companies are taking action to minimize damage.Network TV is struggling due to the strike, leading to mostly canceled lineups. Reality shows and game shows will fill in the gap while a few foreign shows are imported. If settled soon, 2023 season can start in January, but streamers like Netflix have shows stocked for fall, so Hollywood is focusing on their success. Legacy companies are taking action to minimize damage.
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After a 101-day hiatus, the Writers Guild of America and Hollywood’s top studios and streamers have returned to the negotiating table on Aug. 11. Writers had blasted the AMPTP’s offer from the Aug. 4 exploratory meeting as “insulting,” leading to the union sending off a memo to its members about not expecting major concessions yet. The strike has caused unionized, scripted productions across the U.S. and abroad to be delayed or cancelled.
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Australians spend more time consuming Scripted Series than Movies, Reality TV, News and Sport. Across all age groups, half of screen consumption is made up of series or movies; women are slightly more likely to watch series than men, while men tend to watch more reality TV, news, and sport.
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QUT’s study found that viewers pay closer attention to movies than TV series, with 63% of movie viewing receiving our full attention compared to 50% for scripted series. Though both remain popular, quarter of those surveyed never use a second device while watching. Younger viewers are more likely to play shows in the background.
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SPA said a limited number of non-Australian shows will be affected by the US strike. Streaming services have reported spending on Australian and Australian-related content locally in 2021-22. NBC U’s $180m sci-fi series, Metropolis, stopped production after actors voted to strike. Foxtel’s Binge has relied heavily on HBO and Paramount+ on Australian content.
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German broadcaster Sky Deutschland, which has commissioned such titles as Das Boot, Babylon Berlin, Munich Games and 8 Days will no longer make scripted shows from next year Deadline reports a note from Sky Deutschland boss Devesh Raj confirmed it will “halt production of new scripted Sky Originals from 2024 onwards,” but shows in production will be completed. The Sky Deutschland scripted originals team is expected to be closed once these shows have been delivered. Raj’s note said “the cost of producing scripted content has continued to rise, in part driven by the emergence of myriad new streaming providers, making it harder for drama series to cut through.” A Sky Deutschland spokesperson said: “Since the launch of Sky Originals in DACH, the entertainment industry and content landscape have rapidly changed, coupled with ever-evolving consumer behaviour. We know our customers well and are confident that our position as the best provider of premium, acquired content, an unm…
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