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PRO Tip Sheet: 5 Insights From This Week

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Sat, Sep 16, 2023 04:10 PM

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This week on WrapPRO, we analyzed the strikes' impact on the fall broadcast season, looked at how th

This week on WrapPRO, we analyzed the strikes' impact on the fall broadcast season, looked at how the historic Laemmle theater chain survived the pandemic and broke down the Disney-Charter cable deal. [5 Insights From WrapPRO]( This week on WrapPRO, we analyzed the strikes' impact on the fall broadcast season, looked at how the historic Laemmle theater chain survived the pandemic and broke down the Disney-Charter cable deal. [Read More on WrapPRO]( 1. [TIFF Has More Films for Sale Than Ever, but the Strike Is Squeezing the Marke]( By Jeremy Fuster and Sharon Waxman | Source: [WrapPRO]( - This year's Toronto International Film Festival has some 50 movies seeking buyers — a modern record. Yet through Sunday, no sales had been announced, an unusual lull. - Blame the strikes: Even films that signed SAG-AFTRA's interim agreement aren't getting sold, because no one knows what those terms will mean without buy-in from the major studios, and agents aren't sure what their clients can or can't do as a result. - There's also an unprecedented number of indie films at the festival, adding to the uncertainty. Historically, TIFF has been used as a launchpad for films that have already secured distribution. [Keep Reading]( 2. [From Acquisitions to Unscripted: How Broadcast TV Is Weathering the Strikes This Fall]( By Loree Seitz, Kayla Cobb and Sharon Knolle | Source: [WrapPRO]( - Major TV broadcasters are entering the fall with considerable changes to their schedules, leaning on international acquisitions, unscripted shows and sports. - Reality TV was a lifesaver for broadcast TV during the 2007-2008 writers' strike, and the same seems true this time. ABC announced "The Golden Bachelor" spin-off and CBS has expanded some reality shows to 90-minute episodes. - The CW's schedule is particularly notable for leaning on overseas productions which aren't covered by striking American unions. [Keep Reading]( Join the ranks of high-powered industry leaders who read [WrapPRO]( every day. Want unlimited access to in-depth reporting, analysis, and industry data? [Upgrade to a subscription today](. 3. [Laemmle Theatres Is Surviving – but Not All of Its Screens Will Make It]( By Diane Haithman | Source: [WrapPRO]( - Laemmle's NoHo 7 helped define its North Hollywood neighborhood as an arts district, but now the beloved arthouse theater is on the chopping block. - The family-owned Laemmle Theatres, with deep roots in Hollywood, had to sell several properties to make it through the pandemic, which shuttered its theaters well into 2021. Government aid came too late to prevent the sales. - Still, company president Greg Laemmle said, it plans to carry on traditions, like its Christmas Eve showing of "Fiddler on the Roof" — even at the NoHo 7, unless a planned real estate development forces the theater out by then. [Keep Reading]( 4. [Why Hollywood Agency CAA Sold to a French Fashion Giant | Analysis]( By Lucas Manfredi | Source: [WrapPRO]( - It could have gotten ugly if the Disney-Charter carriage dispute meant fans missed the Buffalo Bills taking on the New York Jets on ABC and ESPN, but the companies did a deal just in time. - The agreement mostly preserves the lucrative fees Charter pays Disney to carry its cable networks, and also puts Disney streaming services like Disney+ and ESPN+ into some cable packages. - Charter, in turn, got to drop some of Disney's less-popular cable networks, like FXX and Nat Geo Wild. Overall, analysts thought Disney came out ahead. Now the question is whether it will set a template for other cable negotiations. [Keep Reading]( 5. [Fall Box Office Preview: Taylor Swift May Be the Biggest Hit of the Seaso](n By Jeremy Fuster | Source: [WrapPRO]( - After a hot "Barbenheimer" summer, the fall movie slate was looking uncertain. Then Taylor Swift swept in to save theaters with a filmed version of her Eras Tour. - Based on strong presales, the concert film could have a $100 million opening weekend. Even adjusting for inflation, that would best the record Justin Bieber set in 2011 with "Never say Never." - The other best hopes for movies this fall are a pair of Disney tentpoles, "The Marvels" and "Wish." But after its rocky 2023 performance, Disney will have to prove its marketing machine is back in gear. [Keep Reading]( With a focus on delivering actionable intelligence, the PRO Tip Sheet empowers readers to stay ahead of the game in the industry. Want to go deeper? [Explore WrapPRO today](. [LEARN MORE]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Unsubscribe](

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