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š¬ New Rules Incoming
PLUS: The Looming TikTok Ban and Netflix's Global Gamble
š Good morning! Ever catch yourself wondering where the Netflix intro ātudumā sound comes from? Surprise, surprise, itās a nod to the streamerās OG series, āHouse of Cards.ā The iconic sound traces back to a scene where Frank Underwood knocks his ring against his desk, as seen here. š
Welcome aboard the Dailies. As you sip your morning brew, weāll get you caught up with the fast-paced world of Hollywood - no need to chase down a newsstand, weāve got everything you need right here.
š Hereās whatās on the reel today:
Netflixās Global Gamble
New AI Rules Incoming
The Looming TikTok Ban
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 Friday, so letās take a look at what people were watching this weekā¦ š
TOP STREAMED THIS WEEK
FILM š„ Netflix: Damsel Max: Wonka Disney+: Elemental Prime Video: Ricky Stanicky Paramount+: Mission: Impossible - Dead Reckoning Hulu: Dune Apple TV+: Napoleon | TV šŗ Netflix: The Gentleman Max: The Regime Disney+: Greyās Anatomy Prime Video: Reacher Paramount+: South Park Hulu: BMF (Starz) Apple TV+: Masters of the Air |
š¬šNetflix's Global Gamble: Netflix is earmarking a staggering $7.9B of its $15.4B budget for productions outside of North America. This shift not only marks the first time the streaming giant invests more in international content than in its domestic market but also points to a broader industry pivot towards embracing a global TV landscape. With the decline of the so-called peak TV era, companies are exploring new territories to captivate audiences worldwide. This shift is happening as the TV industry starts to move away from the overflow of shows we've had in recent years, focusing more on content that can reach global audiences. Reasons? Making shows outside the U.S. can be cheaper, and American audiences are getting more into shows from other countries (think shows like āSquid Gameā and āMoney Heistā). Plus, with the U.S. market for streaming services getting pretty crowded, Netflix sees a chance to grow by getting more subscribers from other parts of the world. It's a smart move that could lead to a lot more interesting and diverse shows for everyone to watch.
šš¤AI's New Playground Rules by EU: The European Union has drafted the first-ever rulebook for the wild west of artificial intelligence, setting boundaries where there were none. It categorizes AI apps into no-go zones (like using AI for racial profiling), areas needing tight oversight (like AI in law enforcement and job screening), and lighter regulation for lower-risk tools (but with a catch for AI-generated media to be clearly labeled as such). Big players like OpenAI and Google are under special scrutiny, required to conduct risk assessments and report on their energy consumption, making sure their powerful technologies don't run amok. Regardless of where a company is based, if they want to play in the EU's digital playground, they must play by these rules or face hefty fines. It's a bold step towards ensuring that our march into the AI future is done with safety, fairness, and respect at the forefront.
š„š« The Looming TikTok Ban: The U.S. House of Representatives has passed a bill that could lead to TikTok being banned. The proposed legislation, sparked by national security concerns, would force the appās Chinese parent company, ByteDance, to sell the app or shut it down. What does it mean for Hollywood? Well, recently weāve seen a symbiotic relationship between social media and cinemaārecall the rise of the "Barbenheimer" craze, or āAnyone But You,ā which gained unexpected popularity through a viral trend. If the bill does become a law and lead to a TikTok ban, weād see a massive shift in the digital landscape. Content creators, audiences, and advertisers would pivot to other platforms, likely causing fierce competition between Instagram, YouTube, and Snapchat. It's too soon to tell exactly how a TikTok ban might affect Hollywood's ability to promote films in the digital world. We'll just have to wait and see.
Development šļø
Miles Teller, Elizabeth Olsen, and Callum Turner are in talks to star in a rom-com for A24. (more)
āThe Bearā creator Christopher Storer set to adapt and direct Amor Towles' āThe Lincoln Highwayā for Warner Bros. (more)
Matt Charman is working on thriller series titled āThe Choice,ā his first Netflix project since the cancellation of the Halle Berry movie. (more)
Netflix green lights āBlack Rabbit,ā a drama series featuring Jason Bateman and Jude Law. (more)
Scarlett Johansson has reportedly been offered the lead role in Gareth Edwardsā āJurassic Worldā movie. (more)
Ty Burrell is set to star in ABC's pilot āForgive and Forget.ā (more)
Richard Armitage, Lenny Henry, and Rosalind Eleazar lead Netflix's Harlan Coben adaptation āMissing You.ā (more)
āSnowpiercerā moves to AMC for its fourth and final season. (more)
āBlack Mirrorā returns for S7 in 2025 with six new episodes. (more)
Apple TV+ secures a first-look deal with Matthew Hamachek, director of āThe Dynasty: New England Patriots.ā (more)
Jurnee Smollett will star alongside Taron Egerton in Apple's new drama series āFirebug.ā (more)
Pierre Morel, director of āTaken,ā is set to direct āReactor Motors.ā (more)
Jennifer Garner and Paul Walter Hauser are set to star in the true-crime movie āFruitcake.ā (more)
Quoc Dang Tran, creator of āDrops of God,ā has signed a two-year overall deal with HBO. (more)
Netflix is working on a Carlos Alcaraz docuseries for 2025. (more)
Skybound Entertainment partners with Prime Video for a unique deal on a Scandinavian dystopian thriller series, VAKA. (more)
Amanda Peet joins Jon Hamm in Apple TV+'s drama āYour Friends and Neighbors.ā (more)
Starz is developing a āPowerā prequel series, āOrigin.ā (more)
Arnold Schwarzenegger and Alan Ritchson are set to star in Christmas comedy āThe Man With The Bag.ā (more)
ā Renewed & Canceled ā
Business š¤
Paramount Global is selling its 13% stake in Viacom18 to Reliance Industries for $517M, continuing to license content to the venture as Reliance's stake increases to 70.49%. (more)
Other News šØ
A24 and IMAX are launching a monthly screening series of A24's films in IMAX format, starting with Alex Garland's āEx Machinaā on Mar. 27. (more)
Michael Kassan, former CEO of MediaLink and a partner at UTA, is embroiled in lawsuits with UTA accusing him of misusing millions for personal luxury. (more)
See the list of SXSW Film & TV Festival winners here. š
What to watch this weekend? š
š„ THEATRICAL
Arthur the King: Adventure film starring Mark Wahlberg, Simu Liu, and a canine friend.
One Life: Anthony Hopkins plays Sir Nicholas Winton in this biographical drama.
Love Lies Bleeding: Kristen Stewart-led romantic drama that premiered at Sundance earlier this year.
Knox Goes Away: Thriller led and directed by Michael Keaton.
The American Society of Magical Negroes: Satirical comedy written, directed, and produced by Kobi Libii.
šŗ STREAMING
Manhunt: (Apple TV+) Part historical fiction, part conspiracy thriller series following the aftermath of the assassination of President Lincoln.
Irish Wish: (Netflix) Lindsay Lohan-led rom-com.
Apples Never Fall: (Peacock) Mystery drama miniseries based on Liane Moriarty's novel of the same name.
The Bloody Hundredth: (Apple TV+) Companion documentary to āMasters of the Air.ā
And... that's a wrap on our weekly round-up!
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Catch you bright and early Monday. š
-The Dailies Team
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