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Industry
UK Workplace: New Initiative From the British Film Institute
The British Film Institute (BFI) has launched "WorkWise for Screen," a £1.5 million ($1.9 million) pilot program to enhance workplace conditions in the UK screen sector. The initiative includes an online portal, podcasts, and peer networks, promoting fairer, safer, and more inclusive work environments.
International
Italian Audiovisual Industry Reaches Record Value
In 2023, Italian audiovisual productions exceeded €2 billion for the first time, reaching €2.04 billion. Despite an expected slowdown in 2024 due to tax credit changes, the sector continues to generate over €12 billion in total revenue, driven by TV.
Streaming
Updating Cancelation Policies: FTC Creates New Rule for Streamers
The FTC has finalized a "click to cancel" rule, requiring companies to make subscription cancellations as easy as sign-ups. The rule takes effect in 180 days and mandates simple, immediate cancellation options for streaming platforms, aiming to curb deceptive practices.
Music
Film Score Acquistion: Randy Newman Makes Deal with Litmus Music
Litmus Music has acquired Randy Newman's share of his music and publishing catalog, including iconic scores forToy Story and Monsters, Inc., and hits like "I Love L.A." Financial terms weren't disclosed, but Litmus, backed by Carlyle Group, has made similar deals with artists like Katy Perry and Keith Urban.
Digital
Entertainment and Influencers: Key Industry Marketers Emphasize Use of TikTok
At Variety and TikTok’s third annual Culture Catalysts Dinner, industry leaders highlighted TikTok’s impact on discovery and engagement. Marketing executives emphasized aligning content with audience trends and balancing traditional media with influencer-driven campaigns.
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