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Industry
Hotel for Filmmakers: Coppola Creates New Facility in Atlanta
On July 25, Francis Ford Coppola will open the All-Movie Hotel in Peachtree City, Georgia. Inspired by his filming experience in Atlanta, the hotel features 27 rooms, a state-of-the-art production facility, editing suites, special effects facilities, and a screening room named after Dorothy Arzner.
Streaming
Prioritizing Retention: Streaming Bundles Reduce Audience Churn
Ampere Analysis reports that bundling streaming services, like Disney+ / Hulu / ESPN+, reduces customer churn by 59% compared to single-service subscribers. Bundling is seen as a strategy to enhance user retention and upsell additional services in a saturated market.
Sports
Almost There: NBA to Finalize Media Rights Deals Worth $76 Billion
The NBA is close to finalizing 11-year media rights deals with NBCUniversal, Amazon Prime Video, and Disney / ESPN, starting after the 2024-25 season. Turner Sports is also vying to retain its rights by potentially matching Amazon's offer for a smaller package. NBA Commissioner Adam Silver aims to reach a $75 billion target, triple the previous $24 billion deal from 2014.
Film Festival
Screenings in San Quentin: First Film Festival in Prison
The inaugural San Quentin Film Festival will be held on October 10-11, showcasing films from current and former inmates. The jury includes Jeffrey Wright, Billy Crudup, Mary Louise Parker, and an "inside jury" of incarcerated individuals judging prison-themed films by non-incarcerated filmmakers.
Box Office
Box Office Joy: This Summer Debuted a High-Grossing Animated Feature
Inside Out 2 has become Pixar's highest-grossing film, surpassing Incredibles 2 with $1.251 billion in global sales. It is now the fourth highest-grossing animated film of all time, with significant success in North America, Asia, Europe, and Latin America. It is expected to climb even higher on the list.
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