CANNES — Independent film companies facing a market upended by the entry of streaming services are showing some optimism heading into this year's Cannes Film Festival as the Netflix era has begun flattening out and audiences start trickling back into cinemas post-pandemic. While buyers are being cautious about purchasing volumes amid a shaky global economy, they are showing up at...
The 76th Cannes Film Festival - Opening ceremony and screening of the film "Jeanne du Barry" Out of competition - Red Carpet arrivals - Cannes, France, May 16, 2023. Jury members Atiq Rahimi and Julia Ducournau and Ruben Ostlund, Jury President of the 76th Cannes Film Festival pose.
Some 12,500 industry professionals involved in buying, selling or producing movies in some form show up at the market, where almost 4,000 films and projects are put on display and hundreds of millions of dollars' worth of deals are done. However, Brian O'Shea, CEO at The Exchange, based in Los Angeles, did not see as much cause for optimism in the numbers.
Global film companies like the Walt Disney Co, Paramount and Warner Bros joined the streaming revolution to counter the threat posed by Netflix Inc to traditional TV but are now facing a crowded market where the competition to increase subscriber numbers is fierce.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
At Cannes, independent film firms optimistic as streamers stumbleCANNES : Independent film companies facing a market upended by the entry of streaming services are showing some optimism heading into this year's Cannes Film Festival as the Netflix era has begun flattening out and audiences start trickling back into cinemas post-pandemic.While buyers are being cautious a
Read more »
Cannes Film Festival 2023 kicks off with 'all killer, no filler' line-upCANNES - The French Riviera city of Cannes was transformed into a playground for the film industry this week as the 76th iteration of the glamorous film festival kicked off, promising splashy blockbusters, up-and-coming talent and a hint of controversy. 'We have Indiana Jones, we've got Martin Scorsese's new film with Leonardo DiCaprio. We've got a Wes Anderson film packed...
Read more »
Johnny Depp marks celebrity comeback with Cannes opening filmCANNES : Johnny Depp seemed back in full celebrity mode on Tuesday, signing autographs and taking pictures with fans before the premiere of the Cannes Film Festival's opening film 'Jeanne du Barry,' which marks the actor's first major role since his high-profile defamation trial.Fans in the French Riviera
Read more »
Johnny Depp marks celebrity comeback with Cannes opening filmCANNES - Johnny Depp seemed back in full celebrity mode on Tuesday, signing autographs and taking pictures with fans before the premiere of the Cannes Film Festival’s opening
Read more »
Johnny Depp marks celebrity comeback with Cannes opening filmCANNES - Johnny Depp seemed back in full celebrity mode on Tuesday (May 16), signing autographs and taking pictures with fans before the premiere of the Cannes Film Festival's opening film Jeanne du Barry, which marks the actor's first major role since his high-profile defamation trial. Fans in the French Riviera city were seen hoisting signs that read Congrats, Johnny...
Read more »
Controversial 'Homecoming' film director attends Cannes premiere with castCANNES : French director Catherine Corsini appeared on the Cannes Film Festival's red carpet flanked by a cluster of cast members on Wednesday for the premiere of her drama 'Homecoming,' which has been the subject of some controversy in recent months.Corsini, wearing a white suit, danced and signed autogr
Read more »