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September 5, 2017

September 1st News Report from your Los Angeles Representative

Happy Friday everyone,

There was news this week that the television group at ABC Disney will face substantial job cuts. As reported in the Los Angeles Times below, news of the cost cutting effort comes just two weeks after ABC’s most prominent hit-maker over the last decade, Shonda Rhimes, moved to Netflix and, more generally, amid dramatic changes in consumer behavior.
http://www.latimes.com/business/hollywood/la-fi-ct-abc-disney-layoffs-20170830-story.html

It's not just television viewing habits that are changing: the Times also reported this week that high ticket prices, competition from streaming services and too many sequels are all to blame for what analysts are predicting will be the least attended summer-movie season in 25 years.
http://www.latimes.com/business/hollywood/la-fi-ct-movie-projector-summer-meltdown-20170830-story.html

As the viewing landscape shifts and roils, some question whether Apple's recently-announced $1 billion commitment to original programming is enough to establish itself as a serious contender in the content game. As detailed in The Wrap below, unlike when Netflix started making original content, Apple is jumping into what is now a massively crowded space.
http://www.thewrap.com/is-apple-too-late-to-win-at-the-content-game/

Speaking of Netflix (and it seems we always must speak of Netflix), birthday celebrations are in order as the streaming giant celebrates 20 years in existence this week. As reported in The Wrap below, the company whose original name was"Kibble" now has millions of viewers the world over sitting up and begging for treats.
http://www.thewrap.com/netflix-turns-20-wheres-it-headed-next/

The popularity of streaming is changing things on big and small scales: the Times had an interesting story this week on how the emerging popularity of podcasts has essentially created a new art form in the podcast score. As detailed below, while podcast scores are similar to film or TV compositions in that they help set the mood for a piece of entertainment, untethered by the jumpy contours of a narrative, writing music for podcasts becomes more like songwriting.
http://www.latimes.com/entertainment/arts/la-et-cm-podcast-scoring-20170826-story.html

I was surprised to learn this week that viewers' appetite for evermore realistic visual effects and fantasy worlds has proven a boon to the 3-D printing business. The article below from www.3Dprint.com explains that not only are movie production teams beginning to 3D print props that are more accurate, realistic, detailed, and customizable to different scenes and purposes, they are also utilizing a technology that is eligible for federal and state tax credits for research and development.
https://3dprint.com/185871/3d-printed-props/

Finally this week, the Toronto International Film Festival is fast approaching and news from the Ontario Media Development Corporation's annual International Financing Forum has hit the trades. Screen Daily International reports that 20 Canadian and 19 international producing teams will participate.
https://www.screendaily.com/news/omdc-unveils-tiff-financing-forum-participants/5121746.article

I wish you a safe and fun Labour Day weekend!

Warmest regards,
Kelly

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

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