News

NABET 700-M UNIFOR represents over 1000 Film, Television and New Media Technicians in the province of Ontario.

NABET 700-M UNIFOR
100 Lombard Street
Suite 303
Toronto, ON
M5C 1M3
Tel: 416-536-4827
Fax: 416-536-0859
Email:
info@nabet700.com

News

August 9, 2017

August 4th News Report from your Los Angeles Representative

Happy Friday everyone,

Due in part to a large number of renewals of existing series, television pilot production in Los Angeles has dropped to its lowest level in seven years. While the region managed to hold on to its portion of overall pilot shoots, according to a new report from FilmLA this week, L.A's share of pilots - 68 last year - represents a seven-year low, as producers continue to choose other cities like New York, with 28, and Vancouver, which reportedly hosted 21 last year. The Times has details below.
http://www.latimes.com/business/hollywood/la-fi-ct-pilot-production-20170802-story.html

There is never a shortage of articles marvelling at the disruptive success of streaming giant Netflix, so when the Times declared this week "Netflix is burning through cash at a growing clip" people took notice. As detailed below, the company has accumulated a hefty $20.54 billion in long-term debt on the bet that debt financing in the near term will create growth and yield big results down the road, but some industry experts are warning of a Netflix bubble that may burst if the company fails to produce enough hit series to keep attracting new subscribers.
http://www.latimes.com/business/hollywood/la-fi-ct-netflix-debt-spending-20170729-story.html

A union election in Atlanta is growing uglier by the day and the outcome could have repercussions for Georgia's film and television industry, which is responsible for $9.5 billion in economic impact. As detailed in Deadline below, one side has accused the other of being “carpetbaggers” who are plotting secretly to undermine Georgia’s film and TV industry in order to drive the work back home to Los Angeles, while the other claims that incumbent SAG-AFTRA Atlanta President Ric Reitz has so many conflicts of interest he shouldn’t even have been allowed to seek re-election.
http://deadline.com/2017/08/sag-aftra-election-ric-reitz-president-atlanta-local-conflict-of-interest-1202136637/

Last week I presented a Times story about the growing impact of web site Rotten Tomatoes on box office numbers. This week the Hollywood Reporter took a look at how studios are attempting to mitigate poor reviews on the site.
http://www.hollywoodreporter.com/news/studios-fight-back-withering-rotten-tomatoes-scores-1025575

Finally this week, ​YouTube is putting a bigger bet on its most successful Canadian creators with a channel dedicated to promoting local talent. As detailed by the CBC below, Spotlight Canada, a curated page that highlights some of the nation's standout videos, represents the first time a country has been singled out with its own curated content section.
http://www.cbc.ca/news/business/youtube-spotlight-canada-1.4228735

Warmest regards,
Kelly

Kelly Graham-Scherer
Los Angeles Representative
Toronto/ Ontario Film Office

more News