How A Year To Forget In The U.S. Hit The International TV Sector And What The World Did In Response – Mipcom Cannes Special
deadline.comQueen Elizabeth II may have popularized the phrase “annus horribilis” decades ago, but the Latin term feels more relevant than ever when thinking about the state of the U.S.
TV sector in the last year. Midway through 2022, the industry was rocked by an unanticipated Netflix subscriber slide that sent shockwaves through Wall Street.
Since then, there have been a series of struggles for virtually all legacy studios and streamers, thousands and thousands of layoffs across the sector and dual labor strikes for the first time since a young Ronald Reagan was helming the actors’ union.
When it rains, it pours, as they say, but what did this all mean for the industry outside the States? As globalization has taken hold, the international business has become more intrinsically linked with the U.S.
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