“The scripted business is so expensive from a production and marketing
perspective that you really need scale to be proitable,” says Ben Swinburne, head of U.S. media research for Morgan Stanley. “That means it will be a very small number of players that will be able to achieve that scale and profitability in the direct-to-consumer business.”
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TOP 10 PREDICTIONS FOR MEDIA & TECH IN 2020
“The Great Streaming Wars” and global subscription video on demand (SVOD) land grab are finally fully “on” after years of anticipation. Disney+ exceeds expectations, Apple TV+ underperforms, and Netflix faces new headwinds as it plows forward with its Herculean content budget that ballooned to $15+ Billion in 2019 (and its rising debt load to support it).
The Irishman Gets De-Aging Right—No Tracking Dots Necessary
Remaking one scene from Goodfellas was one thing; making a 3.5-hour movie full of actors of varying ages was another. Helman had a proof of concept, but he still had to develop the technology to allow Scorsese to film his movie the way he wanted to. That development process would take two years. Finishing the whole film would take twice that long. “For four years it was building a Ferrari,” he says, “while you’re running the grand prix.”