Trends in Motion Picture and Television Finance Summer 2024: What Content Gets Funded?
August 5, 2024 – Media MentionEntertainment Partner Sky Moore was featured on GHJ's Media Clips Podcast. He discussed the latest trends in dealmaking and financing.
Excerpts:
One of the big trends that I see is streamers. Every time I've got a film, [Netflix, Amazon, Apple, Disney], we've just been selling it to the streamers nonstop, [from big films to small films, series]. That has completely upended the whole presale market in the way that it used to work.
If you look forward at the trends that are coming, the freight train that is about to hit us is artificial intelligence because that is going to drastically change the whole film industry upsidedown [just the way streaming did], and I agree with Jeff Katzenberg's prediction that it will lower the cost of film production to about 10% of it's current cost in 5 years.