by Emily Nagle
Amazon is currently in talks to acquire MGM, one of the oldest and most successful film studios in Hollywood. As the ongoing streaming wars escalate, the acquisition would give the company a competitive edge. If finalized, this deal would be worth more than $10 billion – almost as much as Amazon made in the first quarter of 2021.
Why a studio? If Amazon purchases MGM, the studio’s content will become available on Prime Video, expanding their already vast catalogue of more than 20,000 shows and movies. MGM owns 17,000 hours of content – including thousands of films – and is one of the most profitable studios in the world, raking in $1.5 billion in revenue last year. This library includes James Bond, the fifth most-profitable film franchise of all time.
A benefit to Prime Video that sets it apart from its competitors is that it is included in Amazon’s Prime plan, which offers exclusive benefits like discounts and faster delivery. With the plan already being fairly popular, the content on Prime Video is easily accessible to millions. The platform is best known for original programming that includes “The Marvelous Mrs. Maisel” and “The Boys”, and also has digital content available to purchase.
By Kurt Balingit
“Spiral”, the latest film in the Saw franchise is this weeks box office winner in a weak week for theater sales. In terms of horror films for 2021, “Spiral”‘s $8.7 million start is still the highest opening week numbers for horror film this year beating The Unholy ($2.35 million) and Separation ($1.8 million). It is also better than last week’s leader “Wrath of Man” ($8.3 million). at $8.7 million, it becomes the fifth best opening of the year.
Another premiere was “Those Who Wish Me Dead” starring Angelina Jolie who plays a smoke jumper who encounters a skittish boy who’s bloodied, traumatized and on the run in a burning remote forest from two relentless killers hunting Connor. The film made $2.8 million this weekend, despite being in 3,188 theaters, which is the widest launch for any film during the pandemic.
Wrath of Man, Demon Slayer: Mugen Train and Raya and the Last Dragon are still going strong remaining in the top 5 highest grossing films for this weekend.
Top 5 Highest Grossing Films For May 14-16, 2021
- Spiral – $8,725,000 (Premiere)
- Wrath of Man – $3,741,767 ($14,602,000 grossed)
- Those Who Wish Me Dead – $2,800,000 (Premiere)
- Demon Slayer: Mugen Train – $1,770,000 ($41,900,000 grossed)
- Raya and the Last Dragon ($46,123,814 grossed)
by Emily Nagle
AT&T is currently in talks with Discovery to merge their content into a portfolio worth more than $150 billion, as reported by Bloomberg this morning.
If finalized, the deal would combine two of the biggest content catalogues into a new media giant rivaling the most successful streaming platforms on the market, like Disney and Netflix. The conglomerate would include the most profitable media properties of all time, such as programming from Discovery (including their recently launched streaming service, Discovery+), as well as the multiple Warner Bros. studios and channels like HBO and CNN. AT&T will control the majority of the catalogue, as it has a greater market value than Discovery ($230 billion compared to $24 billion).
This deal has been in the cards since 2019, when AT&T chief executive John Stankey and Discovery chief executive David Zaslav considered consolidating the two companies’ programming – with the exception of HBO – into a single streaming service that would cost $8 per month. However, this plan fell through with the launch of Disney+, which went for $7/month. Consequently, in 2020 Stankey combined HBO’s properties with WarnerMedia to create HBO Max, which goes for $15/month for customers who don’t already have HBO on their cable plan.
As for Discovery, the company launched Discovery+ in January for $5/month. As of last month, the streaming platform already have 15 million subscribers. Like HBO Max, Discovery+ is expanding rapidly, and is rolling out to new countries and territories each month.
By Kurt Balingit
“Jungle Cruise,” an upcoming action-adventure film starring Dwayne Johnson and Emily Blunt, will premiere on July 30. The film will be available to rent on Disney Plus Premier Access the same time it premieres in theaters. Disney has used this strategy with their films “Mulan” and “Raya and the Last Dragon” and also plans to use the same strategy for the upcoming titles “Black Widow” and “Cruella. To combat low theater openings Paramount and Universal have shortened the length of time their films screen in theaters, while like Disney, Warner Bros. is also debuting all of their 2021 films on HBO Max at the same time it’s movies open in cinemas.
Dwayne Johnson announced the release plan for “Jungle Cruise” on the “Jungle Cruise” social media channels, in a post-workout video.
“Now that we are coming out of COVID slowly, we’ve got to own this rebound,” he said. “We’ve got to get back out there. Live the life that we want to live. Get out in theaters, watch our movies as safe as possible. But also ‘Jungle Cruise’ is a unique experience and it gives us a unique opportunity to allow everyone around the world to watch the movie how they want to watch the movie.”
Dwayne Johnson via. @JungleCruise Twitter
The upcoming film is inspired by the popular Disney World theme park ride of the same name.
by Emily Nagle
[usr 4.5]
This week, I’m reviewing Sony’s “The Mitchells vs. the Machines”, which just dropped on Netflix on April 30 (in addition to a limited theatrical release a week earlier). It follows the Mitchell family as they take a cross-country road trip to drop off their daughter Katie at her first year of film school in California, but suddenly end up having to save the planet when electronics come to life and try taking over the world.
Confirmed by Sony to be in development since May 2018, the movie’s producers included Phil Lord and Christopher Miller, a duo best known for directing and producing movies like “Cloudy With a Chance of Meatballs” and “The Lego Movie.” Which makes a lot of sense, because there were moments during this movie that reminded me a lot of those two other films (both of which are also very well-made). Maybe it was because of the themes of parent-child relationships or technology going crazy.
I found the visual style of “The Mitchells vs. the Machines” to be unique. Even though most of the people and objects are CGI, a lot of the backgrounds had a bit of a softer, almost painted look to them at times. I noticed this with a lot of indoor settings in the movie, like some stores and the Mitchells’ home, as well as some exterior shots like the Mitchells’ neighborhood. It may have been subtle, but it made the characters pop more. Something else visually that made it special was that there were these little hand-drawn effects that popped up onscreen often, kind of like the comic book-esque special effects in “Scott Pilgrim vs. the World.” It added even more life to an already high-energy, colorful film, and also showed us how Katie views the world. As she explains in the beginning of the film, she always felt a little different from her peers growing up.
As I mentioned earlier, one of the themes explored by this movie was family relationships. The night before Katie leaves for college, she gets in a fight with her technophobic, nature-loving dad, Rick, who’s worried her whole dream of becoming a filmmaker may not go that well. Rick then ends up cancelling Katie’s plane ticket so the whole family can drive all the way from their Michigan hometown to California, in hopes that they will mend their relationship. They end up becoming even closer when they work together to fight off evil robots and free humanity from the evil PAL artificial intelligence, which has captured every human on Earth. All the while, Rick fixes his bond with Katie, and realizes that technology isn’t as evil or complicated as he thinks it is.
The movie was also incredibly written. I mostly noticed little things, like a small moose figurine that symbolized Katie’s relationship with her father. After the two get in that argument, Rick watches some home movies of his daughter over the years and reminisces about when the two weren’t always at each other’s throats. One of them shows young Katie crying and clinging to her father’s leg, scared to get on the bus for summer camp. He ends up giving her one of his favorite things, a small moose figure out of his car, to have at camp, telling her to make the moose happy. Fast-forward to the present, when Rick finds a cardboard box in the hallway filled with things Katie wants to get rid of, and finds the moose in there. This is what drives him to spring into action and repair his relationship with Katie. Even at the end, the moose ends up coming back when the family is finally dropping Katie off at college. Except this time, she’s not afraid – she’s ready for this next chapter of her life, and in a better place than she was before, too.
I was impressed with the voice acting, particularly from Eric Andre, who played the founder of the tech company. Even though he’s best known for his work on The Eric Andre Show, I notice he’s been getting more into voice acting over the past couple of years, with prominent roles in The Lion King (2019) and Disenchantment. The Mitchells’ fat pug, Monchi, is even voiced by a real dog – none other than canine internet star Doug the Pug. I found out that Sony chose to use a real dog to play Monchi because they wanted the film to be more realistic, and I loved it.
“The Mitchells vs. the Machines” is something special, and I recommend it to anyone who likes animation! It’s quirky and fun, and I really haven’t seen anything like it in recent years. It’s fun to look at, and the story is incredibly well developed. The characters are all different and admirable in their own way, from creative Katie to her dinosaur-obsessed brother Aaron. It’s already one of the best movies I’ve seen all year.
by Emily Nagle
Following a two-day auction, Tivo has now acquired one of their competitors, IPTV solutions provider MobiTV.
The company’s bid beat that of Amino Technologies and Roku, which placed a joint bid. Based in Emeryville, California, MobiTV provides video distribution technology to pay TV operators, such as cable companies. After going bankrupt two months ago, T-Mobile, one of their customers, gave them $15.5 million so they could stay afloat.
Tivo’s Los Angeles-based parent company Xperi has not yet commented on this.
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