Netflix Looking to Shake Up the Whole Film Industry: 'Beasts of No Nation' is the Test Case

"Unlike theatrical distributors," Rameen Setoodeh says, "whether Disney or Fox Searchlight, the video-streaming goliath doesn’t need to rely on ticket sales to measure a film’s success."
Publish date:

Netflix has shelled out some $12 million for Cary Fukanaga's gripping feature, Beasts of no Nation, which stars Idris Elba as a war lord leading a group of child soldiers. Rameen Setoodeh writes in Variety about how this and other Netflix projects may shake up what's traditionally been called the "movie busienss" and leave it barely recognizable.

"Unlike theatrical distributors," the article states, "whether Disney or Fox Searchlight, the video-streaming goliath doesn’t need to rely on ticket sales to measure a film’s success. Rather, Netflix makes money through its paid subscriber base, which is 65 million and growing. 'There’s no theatrical revenue expectation in our business model on any movie,' says Netflix’s chief content officer Ted Sarandos, who has been on a features buying spree (he’s expected to spend more than $500 million on original content next year).

"Exhibitors have long fought to preserve a 90-day window as the period between a movie’s theatrical release and availability in homes. But as a sign of the times, Paramount has convinced some chains to agree to a substantially shortened window for two of its fall releases, “Paranormal Activity: The Ghost Dimension” and “Scout’s Guide to the Zombie Apocalypse,” in exchange for a cut of the VOD revenue."



Yamaha Unified Communications Simplifies UC Deployments at Enterprise Connect

Yamaha Unified Communications is helping enterprises move toward consistent, simple, and high-quality collaboration experiences in any conference room and meeting space with its latest solutions in booth 1027 at Enterprise Connect, March 18-20 in Orlando, Florida. Phil Marechal, Yamaha UC's vice president of business development and product management, will participate in an expert panel on huddle room trends.


BenQ's Interactive Flat Panel Display Takes Home Tech & Learning's TCEA Best of Show Award

BenQ, an internationally renowned provider of visual display solutions, announced today that its latest interactive flat panel (IFP) display for education, the RP7501K, received the prestigious Tech & Learning Best of Show Award at the TCEA conference in San Antonio. Tech & Learning's TCEA 2019 Best of Show Awards celebrated the products and services exhibited at the expo that demonstrate great promise, according to the country's most tech-savvy educators.