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- š¬ The Deal Is DONE... š»
š¬ The Deal Is DONE... š»
PLUS: Disney's Board Room Drama, Steamers Struggle, 2024's Ad-Supported Streaming War, the Animation Bonanza of 2024, & More...
š Good morning! Welcome back to the Dailies.
We hope you had a fantastic holiday season filled with joy, relaxation, and maybe a movie marathon or two. As we step into 2024, it's time to shake off the confetti, sweep up the last of the glitter, and dive into a fresh year of Hollywood happenings.
š Hereās whatās on the reel today:
Streamer Struggle
Horror Hitmakers Unite
Iger Faces Power Play
2024's Ad-Supported Streaming War
Animation Bonanza
Last Looks š: Bite-sized scoops on developing stories/projects
Release Radar: What to watch this weekend
Video Village š
Martini Shot šø
But first, itās Thursday, so letās take a look at what people were watching this weekā¦ š
MOST STREAMED THIS WEEK
FILM š„ Netflix: Rebel Moon Part One: A Child of Fire HBO: Barbie Disney+: Elemental Prime Video: Saltburn Paramount+: Finest Kind Hulu: The Creator | TV šŗ Netflix: Money Heist: Berlin HBO: Friends Disney+: What If...? Prime Video: Reacher Paramount+: South Park Hulu: Power Book III: Raising Kanan Apple TV+: Monarch: Legacy of Monsters |
šš» Streamer Struggle: Customers are ditching their streaming subs left and right, nudging big names like Hulu and Netflix to get creative with bundles, sweet deals, and ad-filled options. Cancellations have spiked to 6.3% from last yearās 5.1%. As prices climb, viewers are getting picky, cancelling and re-subscribing based on what's worth their bucks and what's not. In this game of streaming musical chairs, streamers are hustling to keep viewers hooked in a landscape of ever-changing viewer loyalty.
Customer cancellations at major streaming services as a share of the prior month's total subscriber count. (source: Antenna)
š¬š» Horror Hitmakers Unite: Jason Blum's Blumhouse and James Wan's Atomic Monster have officially merged, forming a horror film juggernaut in a market where the genre remains a reliable attraction. The collaboration, which previously produced hits like 'M3GAN' and the 'Insidious' franchise, promises to maintain creative independence under a shared roof and potentially double annual theatrical releases. This strategic union comes as both Blum and Wan continue to dominate the genre, with recent successes and ongoing projects, solidifying their position in an industry increasingly eager to secure horror talents.
Our deal is ā¦. Done.
@blumhouse and #AtomicMonster have officially joined forces.
The preeminent homes for horror are now under one roof
ā Jason Blum (@jason_blum)
10:10 PM ā¢ Jan 2, 2024
š°š¢ Iger Faces Power Play: Disney CEO Bob Iger is gearing up for a formidable challenge as ousted Marvel boss Ike Perlmutter, activist investor Nelson Peltz, and well-respected former Disney exec Jay Rasulo join forces in a potentially significant shake-up at Disney. Whatās the backstory? These once influential figures within the company felt overlooked and sidelined under Igerās time. Now, while Disney navigates a series of operational and image challenges under Iger's leadership, theyāre uniting over shared grievances and a vision for change. With their collective experience, the trio's campaign could sway shareholders dissatisfied with the status quo, especially as they push for board seats and possibly the CEO position.
ššŗ 2024's Ad-Supported Streaming War: Amazon Prime Video's ad-tier introduction on January 29 is set to shake up the streaming landscape. Prime members will automatically be opted-in to the ad-supported model, projecting a massive viewership and intensifying competition among giants like Hulu, Peacock, and Netflix. Ad buyers are optimistic that the intensified rivalry among platforms will spark innovations and more favorable pricing, but also push for better targeting capabilities and more transparent measurement standards.
š¬šæ Animation Bonanza: 2024 is shaping up to be an animation lover's paradise with an array of offerings from big studio franchises to mature animated fare. Expectations are high after 2023's hits like āThe Super Mario Bros. Movieā and āTeenage Mutant Ninja Turtles: Mutant Mayhem,ā with upcoming releases including:
Kung Fu Panda 4
The Garfield Movie
Inside Out 2
The Lord of the Rings: The War of the Rohirrim
This year promises a rich variety of animated storytelling, aiming to continue the genre's box office draw and critical acclaim that we saw in 2023.
Development šļø
Jack Black is set to join the cast of Warner Bros' upcoming 'Minecraft' movie, led by Jason Momoa. (more)
Steven Yeun drops out of Marvelās āThunderboltsā due to strike-related rescheduling. (more)
Morris Chestnut is set to star in Arthur Conan Doyle-inspired drama āWatson.ā (more)
CNN Studios launches four-part documentary series āThe Many Lives of Martha Stewart.ā (more)
Disney+/Hulu will globally premiere 'Uncle Samsik,' a South Korean drama featuring Song Kang-ho's first series role and co-starring Byun Yo-han. (more)
Daisy Ridley is set to return as Rey in a new āStar Warsā movie directed by Sharmeen Obaid-Chinoy. (more)
Snoop Dogg is set to join NBC's primetime coverage of the Paris Olympics as a Special Correspondent. (more)
ā Renewed & Canceled ā
āSlow Horsesā is renewed for S5 at Apple TV+. (more)
Business š¤
AMC Theatres embarks on a debt reduction strategy with a stock swap initiative. (more)
Disney garners support from activist investor ValueAct for its board nominees, while Blackwells Capital plans to nominate three directors, signaling intensified boardroom dynamics ahead of the company's annual shareholder meeting. (more)
Altice USA sells its financial news streaming service Cheddar News to media company Archetype. (more)
T-Mobile enhances its top-tier Go5G Next plan by including Hulu With Ads for free. (more)
Charlie Ergen's Dish Network and EchoStar Corp have completed their all-stock merger, uniting his telecom empire under the EchoStar name. (more)
Other News šØ
The 2023 U.S. box office surpasses $9B in a year marked by the absence of mega-tentpoles and the impact of strikes. (more)
Mickey Mouse enters the public domain with his āSteamboat Willieā incarnation, but Disney's vigilant protection of its modern trademarked version ensures a tightly controlled use of the character. (more)
The Academy of Motion Picture Arts and Sciences has classified Greta Gerwig's āBarbieā as an adapted screenplay for the Oscars. (more)
The Emmys reinstated the Outstanding Writing for a Variety series category to its televised ceremony on Jan. 15 after facing backlash and pressure from WGA. (more)
Sundance Film Festival unveils 2024 jury members. (more)
Universal overtakes Disney as highest-grossing studio at 2023 box office. (more)
French cinema admissions rose 19% in 2023 with 'Super Mario Bros.' and 'Barbie' leading, yet figures still lag 13.1% behind pre-COVID levels. (more)
What to watch this weekend? š
š„ THEATRICAL
Night Swim: Blumhouseās latest horror film.
šŗ STREAMING
Society of the Snow: (Netflix) The true story of a 1972 plane crash that left a surviving rugby team stranded in the Andes.
Good Grief: (Netflix) Comedy-drama written and directed by Dan Levy in his directorial debut.
š AWARDS SEASON
The 81st Golden Globe Awards will air live on CBS this Sunday evening, Jan. 7th.
Jack Black confirms he will star in the live-action āMINECRAFTā movie.
Filming is about to begin.
ā DiscussingFilm (@DiscussingFilm)
9:46 PM ā¢ Jan 2, 2024
And... that's a wrap on our weekly round-up!
If you're reading this email because a friend hooked you up, don't fretājust hit that subscribe button and join the party. š§
Catch you bright and early Monday. š
-The Dailies Team
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