Archives for streaming

Quarantine Questions

McCarthy in Deadline

Some questions on my mind these past few days of quarantine, in no particular order.

What’s Up With Online Film Festival Timing? – While CPH:DOX had a seemingly successful online festival (see below), I have serious questions as to how this works for other fests. But my number one question remains – in a virtual world, why are all of these online festivals taking place at different time periods, dictated by old systems built to avoid conflict, when they could all take place at the same time and amplify their message? Most of them are showing the same films anyway, and even with their idiosyncrasies built in, it seems to me that it would be better to move your dates, slow down a bit and explore the power of collaboration and joint-marketing instead of just plowing ahead. 

Whither the Trifecta/Fall Festivals? – I’ve heard rumors that the Trifecta (Venice, Telluride and Toronto) Festivals plan to take place in some form this September, along with many regional Fall film festivals. But I give you one quote: “There have been 10 influenza pandemics in the past 250-plus years—two started in the northern hemisphere winter, three in the spring, two in the summer and three in the fall. All had a peak second wave approximately six months after emergence of the virus in the human population, regardless of what initial introduction occurred.” (emphasis mine), This comes from the National Academies of Sciences, Engineering, and Medicine‘s expertly named report – Rapid Expert Consultation on SARS-CoV-2 Survival in Relation to Temperature and Humidity and Potential for Seasonality for the COVID-19 Pandemic (April 7, 2020). Let’s do the math: March+6=September. So either these festivals get cancelled or we show up there and risk dying. That math doesn’t work – and your potential attendees know it, even if you and your board don’t, Fall festival folks.

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Some Facts from the Streaming Wars

Via StreamingObserver

A few tidbits from the streaming wars, just this week:

  • It is now estimated that the major streamers – Netflix, Apple+, Disney+, Hulu, Amazon Prime, HBO Max – will spend more than $30 Billion on content in 2020. This doesn’t even include Peacock, CBS All Access or the numerous other platforms. 
  • And in the fight for eyeballs to watch that content, they’re pouring billions into advertising, making up for the decline in advertising from other sectors (see below);
  • But less of that money is going into films, as more of it goes into episodic (tv) shows, originals and licensing of major library titles. Netflix’s film library has now dropped 40% since 2014, according to StreamingObserver. in 2014, Netflix had around 6,500 movies, and now it’s got 3,849. 
  • Yet even with that drop, Netflix dominated the “indie” Gotham Awards – winning more than half the awards given this week.
  • One could lament this fact, but let’s face it – one of those awards was for When They See Us, by Ava DuVernay (who was also honored), and while Netflix and other SVODs may be lessening their support for indie film overall, they are leading the way with diversity. This is no small matter. 
  • And let’s face it – Netflix is also a data company. If there was a compelling case for investing in buying more films – especially indie/arthouse films – they would be doing it. The data is showing them that too few people watch these films. The StreamingObserver article above makes it seem like film is losing out due to original content spend, but it’s losing out because that’s what people want.
  • Meanwhile, 3853 feature films were submitted to Sundance this year. Yes, that’s 4 more than Netflix offers. Let that sink in for awhile.
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The Film Fest Database is Live

Michael Forstein’s Film Fest Database

The 2020 Film Festival Database is live! Thanks to Michael Forstein for creating it. It’s a super handy resource for filmmakers, production companies, brands making films – anyone who needs to submit projects to film festivals. 

Michael is an independent filmmaker who made the first version of this database on his own because he needed it, and then he made it somewhat open-source for anyone to use for free. It’s a labor of love, and while he now has a small group of sponsors paying him for some of his time (kudos to them), you can and should donate to the project if it’s something you are going to use. My staff and I use this almost daily as we help our clients submit to festivals. For now, it’s US centric – Michael hasn’t had time to go in and list all of the international festivals, which would be a great addition, but hey, it’s a volunteer effort from one guy!

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Perception vs. Reality & Other Sub-Genre news for Sept.26.2019

This week, the NYT reported that Female Artists made little progress in Museums, based on research from ArtNet. The study showed that while the perception is one of growing gender equity in the art world, the reality is that just 11% of museum acquisitions were of female artists in the last decade. And women artists make up just 2% of the global auction market.

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Missing the Boat on Curation

Every brand is now a studio. Every day, a new brand enters the fray of content creation. They all want to be filmmakers. And I obviously think that’s a good idea in general, or I wouldn’t advise brands on how to do it, smarter. But at a time of superabundance, when the last thing the world needs is another movie, smart brands should be thinking more about curation than creation.

Mind you, I didn’t say every brand. People trust certain brands and not others, and curation only works when there’s trust involved.  But for those brands that have built such trust and have the following to prove it – there’s a unique opportunity, and a glaring gap in the market for smart curation.

As I mentioned a couple of weeks ago, Joe Marchese wrote about curation and the attention economy for Redef recently, and pointed out: “…The brands, retailers, and media companies that understand how to operate in the current Attention Economy will become trusted curators and shape the future of culture and commerce.” (emphasis mine). 

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Cleveland Rocks – or how to Run a Film Fest; and news on streaming, Branded Content and more

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Towards a New Public Media, and more Sub-Genre news for April 3

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