Search Results for: movie industry

The portrayals aren’t exactly flattering, though; Nollywood’s a long way from its own Brokeback Mountain.

“Steven Spielberg on Wednesday predicted an “implosion” in the film industry is inevitable, whereby a half dozen or so $250 million movies flop at the box office and alter the industry forever.”

“It’s been clear for some time that the production industry in B.C., worth $1.18-billion in 2011, was heading for trouble. As the Canadian dollar rose, Ontario and Quebec improved their tax credits. B.C. did not keep up.”

“What do mainstream movies mean any more? Big studios have cut back on output and refined business models to appeal to the taste for the spectacular, the special event, the blowout. In the process, they have largely left the task of creating serious drama to cable television.”

“Digital sales, including video on demand and sales of downloads, increased 51% in 2011 from the prior year, to $3.4 billion, according Digital Entertainment Group, a trade organization. At the same time total U.S. home entertainment spending, including sales and rentals of DVDs and Blu-ray discs, dropped 2% to $18 billion.”

“Nollywood, Nigeria’s film industry, is straining to up its game.” Production values are improving from the quick-and-cheap status quo, and more directors are switching from video to film stock. But the “declarative dialogue, some of the riper acting from the bit-parters – they feel as though they’re hand-me-downs from older art forms, like oral storytelling.”

“A quiet revolution is afoot: older people are flocking to cinemas. But they don’t care for special effects. They want big characters, grown-up dramas and tales of late-blooming love. And so Hollywood’s changing its game …”

“We want to be serious producers of culture, not just buyers.”

“The program, which offers a 20% to 25% tax credit on film and TV productions, has so far allocated $300 million in tax credits to 113 film and TV projects, generating 41,000 jobs and $2.2 billion in spending, including $728 million paid in wages to below-the-line film crews.”

Australian film production has been steady through the recession. “A large slab of the $265m spent on features, possibly almost half, was spent on three features…”