'The time away from business may give producers, distributors, and exhibitors an opportunity to find a solution for the betterment of the industry.'
OTT consumption has been on a steep upward curve, especially since the Covid-19 crisis.
According to IBF, media and entertainment industry is already facing the brunt of the slowdown as ad bookings have nosedived by nearly 50%.
The ad filmmaker said that there is an 'incredible back story' to how a dozen of India's top actors, including Amitabh Bachchan, Rajinikanth and Mohanlal, came together.
The Criminal Investigation Bureau has shut down what was reportedly the nation’s top video piracy Web site, 8maple.ru (楓林網), and arrested its two alleged proprietors in Taoyuan. Authorities estimated that the site had infringed on NT$1 billion (US$33.2 million) in copyrights owned by the movie and TV industries. The investigation was supported by the Alliance for Creativity and Entertainment (ACE).
A short film on coronavirus, featuring the country’s superstars from various film industries, has been trending since its release Monday evening. The short film, Family, is aimed at spreading awareness about staying at home during the outbreak.
To provide some entertainment relief for those doing their part to keep everyone safe and healthy in this time of social isolation, HBO is making almost 500 hours of top programming available to stream for free for a limited time on HBO NOW and HBO GO–without a subscription–starting this Friday, April 3.
With no signs of when production can resume amid the global coronavirus crisis, the Big Four are considering everything — even streaming fare — as they address summer schedules filled with holes. And fall may pose an even bigger problem.
The tighter protocols include individual profile modifications secured by various PINs, says Michelle Parsons, Manager of Kids & Family Product Innovation.
Companies could see more than 15% of their annual revenues being wiped out.