It is reported that the Screen Actors Guild and the producers reached a preliminary agreement, and the strike officially ended at midnight on Thursday, the new contract is worth more than $1 billion, and introduced unprecedented provisions against AI threats.
With the Writers Guild strike and the Screen Actors Guild strike officially over, Hollywood's schedule for the next three years can finally get back in order. However, many blockbusters, including Marvel movies, have recently made delays of about six months to a year. It is conceivable that Hollywood in 2024 will be starved of both theatrical movies and streaming series.
In addition, Disney's acquisition of Hulu has also made new progress, according to a press release released last week, its financial partner jpmorgan Chase has determined that Comcast's one-third stake in Hulu is currently valued at $8.61 billion, which is an important step in Disney's acquisition process. Comcast will then work with Morgan Stanley to determine its own valuation of Hulu. According to the agreement, if the difference between the two values is within 10%, the purchase price will be set to the average of the two amounts; If the valuation difference is greater than 10%, a third valuation from an independent appraiser will be sought. Although Disney has the financial wherewithal to complete the acquisition, its current streaming, TV and theater businesses are suffering huge losses, and how to deliver financial results for the next two years after the acquisition will become an important test for Disney's management.
This week, the horror film "Five Nights of Teddy Bear" easily achieved the crown but the trend is not good, which fell 76% in North America and the overseas market also fell 57%, which may be due to the streaming media platform peacock shunt, the next two weeks in the impact of new films can stabilize the relationship finally settled. However, according to a press release provided by Universal with an excellent opening, the film has become the highest grossing film in 29 markets including Brazil, Argentina, Poland, Chile, Peru, Central America and Ukraine, the best horror film of the year in the same markets for the same time period, and is now on track to challenge the global box office champion "Division" of $278.5 million.
Last week, the 11 new markets continued to report good news, of which the largest market, Spain, had a revenue of 4.66 million euros, setting a record of the highest first day in 2023, the highest first day in the history of horror films, the highest weekend and other amazing results, and even exceeded the career of "Get Out" in the first week alone; Italy opened with 3.73 million euros for the highest opening score of the House of Horrors, not counting the advance than the second "Nun" twice higher; Belgium opened with €874,000, which is not only a horror record but also the best result of the pandemic.
In the second round of market release driven by "Taylor Swift: The Times Tour" rose 18.7% to second place on the list, surpassing "Michael Jackson: This is It" 261.2 million looks like there is no obstacle. The major new markets are Brazil with R $4.9 million, India with Rs 77.6 million, Singapore with S $472,000 and Malaysia with RM1.47 million. IMAX has taken in $15.5 million in ticket sales so far, with 20 IMAX screens taking in $245,000 in South Korea, a new market, accounting for 82% of national ticket sales. Martin Scorsese's "Killers of the Flower Moon" held up well in its third week, falling just 26% in North America and 24% in overseas markets, and is now the seventh-highest grossing film of its career, surpassing 1995's "Casino."
