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Under the 2024 Africa Cinema Summit, the National Film Authority in Partnership with The Nile Group and Silverbird Cinemas is pleased to announce the opening of applications for Deal Room Pitch. Africa Cinema Summit (ACS) is where cinema stakeholders meet on the African continent to discuss and find solutions to existing gaps, create opportunities for filmmakers and film business, impact the needed insight into critical skills and developing dynamics, and create cinema business opportunities pertinent to the film sector in Africa. ACS Summit is result-oriented and is skewed towards creating a compelling and conducive avenue for filmmakers and businesses within the film value chain to interact, network, foster partnerships, generate leads, and possibly close deals during the event and after. Purpose of the Deal Room 🔹Secure funding from local and international investors. 🔹Facilitate Partnerships: Encourage collaborations between cinema operators, film entrepreneurs, producers, studios, exhibitors among others. 🔹Promote Sustainable Development: Support cinema businesses that align with the Sustainable Development Goals (SDGs) and have a positive impact on society and the environment. Eligibility 🔹Applicants must be entities or individuals actively involved in the cinema industry value chain across Africa including, Filmmakers, Film production and Distribution companies, Technology providers for cinema, Cinema Design and Construction and Data analytics and research firms providing insights on box office trends, audience preferences, market analysis etc. 🔹Applicants must demonstrate a viable business model or project that requires funding, such as cinema expansion, film production, distribution initiatives, technological innovation, or infrastructure development. 🔹Applicants should be able to present a detailed business plan or project proposal, including financial projections, market analysis, and potential impact on the African cinema landscape. Click on the link below to apply https://lnkd.in/ed6N_sBP Application Deadline  4th October 2024 at 12pm prompt

Great initiative from TAP Air Portugal! 🛫 🎥 First onboard film festival called the Altitude Film Fest with : - 10 selected films in 2 categories : Documentary and Fiction, shot in Portugal - Passengers can watch and vote - 60% of the final score by the passenger votes / 40% by the festival’s official jury The key word here is : #Engagement ➡Engaged customers are more likely to be loyal, increasing retention and positive brand perception. ➡ With the collected data, TAP Air Portugal may offer more personalized experiences and include exclusive content, interactive games, travel tips, etc. In the highly competitive aviation industry, fostering customer loyalty gives businesses a significant edge. And this strategy can be effectively applied across various other markets as well ! #TAPAirPortugal #AltitudeFilmFest #CustomerEngagement #Loyalty #Aviation #Innovation #InflightEntertainment #VideoContent

Kingdom of Saudi Arabia cinema ticket pricing: “The Board of Directors of the Film Commission, chaired by Minister of Culture Prince Badr bin Abdullah, approved to activate financial compensation discounts for #cinema ticket revenues and fees, in order to stimulate the private sector to reduce ticket prices and provide attractive promotions to the public, which contributes to the expansion and opening of large number of cinema screens, and wider screenings of Saudi films at the local box office. The decisions confirm that the Film Commission will continue its drive to achieve its strategic goals for the film industry by increasing the box office in Saudi Arabia” https://lnkd.in/eSnBVw_C #leisurepropertyESS

Film festivals serve as a launchpad for films, offering exposure, validation, and networking opportunities that can lead to licensing deals. Utilizing festivals as part of your distribution strategy can significantly enhance the commercial prospects of your movie. Beyond just commercial prospects, festivals provide an excellent platform for ✔Networking; allows you to connect with potential buyers and collaborators who might be interested in licensing your film. ✔Credibility and validation; as licensing agents often look for films with festival recognition as a sign of potential commercial success ✔Audience reception; positive feedback and reviews can create buzz and increase the perceived value of your film. ✔Festival specific opportunities; some film festivals host market sections or industry-focused events where filmmakers can pitch their projects directly to potential buyers. ✔Industry exposure; screening your movie at a festival increases its visibility among key players in the film industry. Remember, the film festival circuit is not only about winning awards but also about building connections and gaining exposure for your film, which can lead to licensing and distribution opportunities. Adapt your strategy based on the feedback and experiences you gather throughout the process; hopefully you might be on your way to building a track-record with your movie, both locally and internationally. #filmfestivals #distribution #film #content #ip #licensing #filmfestivals

GBO in Europe up to EUR 6.7 billion in 2023, cinema attendance reached 861 million tickets sold ➡ Gross box office in wider Europe (Council of Europe member states except Azerbaijan) grew by 22.3% in 2023 compared with 2022, from EUR 5.5 billion to EUR 6.7 billion, down by 12% on pre-pandemic levels.  ➡Barbie (US/GB), The Super Mario Bros. Movie (US/JP), and Oppenheimer (US/GB) topped the European box office year-end chart. Astérix & Obélix: L'Empire du Milieu (FR) shone as the most successful European film of the year. ➡European films accounted for more than a quarter of tickets sold (26.4%), while the market share of American titles achieved a new high of 70.1%. ➡Film production in wider Europe reached 2 347 titles, second-highest figure after 2019. The figures in this press release are taken from the 2024 edition of FOCUS – World Film Market Trends, a report which is prepared each year by the European Audiovisual Observatory | Observatoire européen de l'audiovisuel in partnership with Marché du Film - Festival de Cannes. #europeancinema #europeanfilms #audiovisualsector #MDF24 #Cannes

🌟 Exciting Insights from the 2024 Nostradamus Report 🌟 Göteborg Film Festival (affiliated with Draken Film, a Magine Pro customer) releases a yearly insights report on the state of the industry. The 2024 Nostradamus Report, titled "Paradox of Hope," was presented at the Cannes Film Festival and highlights key trends in the film and audiovisual industry, including: 🎬 Industry dynamics: Growth and decline driven by AI and virtual production. 🎥 Shift to curated theatrical releases for better audience engagement. 🤝 Essential collaboration across production, distribution, and exhibition sectors. Download the report here: https://lnkd.in/dvS42XGq At Magine Pro we are committed to supporting this evolving landscape with our advanced streaming platforms, applications, and billing solutions. We believe in the power of storytelling and are dedicated to providing the tools and support needed to navigate these changes successfully. We hope you gain valuable insights from the report commissioned by Göteborg Film Festival. #FilmIndustry #NostradamusReport #GöteborgFilmFestival #Innovation #Storytelling #MaginePro

It was a pleasure speaking with Regina Reyes-Heroles and Ilana Sod from Milenio Negocios. We discussed key initiatives to support the film industry over the next six years, the current state of Mexican cinema, and insights from my time leading The Lift Mexico. A top priority remains securing internationally competitive incentives that will keep the Mexican film industry attractive to foreign investment. We urgently need to update our fiscal policies to compete with countries like England, Spain, and Colombia, which offer compelling tax credits and cash rebates to production companies. The rise of streaming services and the pandemic has also significantly impacted cinema attendance. In fact, national cinema’s market share has dropped from double digits in 2019 to just 4.8% last year. Local filmmakers need more robust support, and protecting as well as expanding Focine's budget for national productions is essential. At The Lift, I've witnessed how partnerships between larger and smaller production companies can help ensure that smaller players maintain their budgets and continue to thrive. Encouraging this kind of collaboration is crucial to building a vibrant filmmaking ecosystem – one that empowers us to advocate for our industry and the 110,000 professionals who work in it.

Big Ticket Nollywood: Leading The Charge In African Cinema - Present-day Nollywood is a thriving industry and a key component of Nigeria’s economy. Nollywood’s economic impact is profound. With an output of over 50 full-length feature films weekly, Nollywood supports a vast workforce, employing over 300,000 people directly and up to a million in- directly, making it one of the largest employers in Nigeria, contributing significantly to the country’s economy and job market. Yet another report released by the Nigerian Entertainment Conference (NECLive) in November last year, says the sector has moved from the production and distribution of 1,800 films worth $5.1 billion in 2013 to 2,500 films worth $6.4 billion. The industry is projected to reach an estimated $14.82 billion revenue in 2025. Whatever the figures may be, they point to upward growth. “The ecosystem of the Nigerian film industry is incredible” Oyin Lasisi, a movie producer, further underscores the industry’s role in job creation. “As far as employment is concerned, it has been amazing — people getting jobs around here. We have created a whole lot of things for people to do. In the last month, people have been getting diferent kinds of jobs as far as production is concerned. And it’s been great; we intend to keep t moving, to ensure that everybody is employed.” The ripple effect of Nollywood’s growth can be seen in various sectors, from fashion and music to tourism. The industry’s demand for skilled labor has led to the development of numerous training programs and workshops, further enhancing the skillsets of Nigerian professionals. “We are changing the economy,” “The industry is a major employer and has immense potential for growth.” “Nollywood is growing faster than we all thought. The quality of our productions is getting a lot better. The quality of our stories that we’re telling, acting, funding, profits— everything is kind of in the positive and it’s a good time to be in Nollywood,” Egbuson adds. Films in the industry often delve into themes central to Nigerian and African identity, from family dynamics and religious beliefs to social issues. They challenge stereotypes and offer an authentic representation of African stories, celebrating resilience and cultural richness. One of the most ambitious projects on the horizon is the development of a $100-million Film City in Lagos. This facility aims to attract international productions and provide state-of-the-art infrastructure. The influence of Nollywood extends beyond entertainment, playing a crucial role in shaping percep- tions of Africa. “Nigeria is going to be the powerhouse of the creative economy. We’ve made it possible for Africa to tell its own stories. Nigerian fashion, music, and films are selling Nigeria to the world,” Silva says. https://lnkd.in/gD5v5gM4

The Saudi film industry has become a key component of Vision 2030, experiencing a remarkable transformation over the past ten years. It has evolved into a vibrant sector that filmmakers once only dreamed of, moving beyond the restricted film production era of the 1980s and 1990s. Today, the industry is a significant cultural force, fully supported by the state through various authorities, festivals, and incentives. As we look to the future, how do industry insiders envision the development of Saudi cinema, and what kind of support will be necessary to ensure its continued growth and success? #SaudiFilm #SaudiCinema https://lnkd.in/dpWuC72G