Cynthia Littleton Business Editor Premieres of new and returning TV shows fell sharply last year while the number of movies getting a theatrical wide release went way up.
The volume of TV programs in the true crime genre went through the roof and non-English language films are becoming a bedrock of streaming platforms.
Those are among the notable content trends documented in the 2023 Year-End Film and TV Report released today by Luminate, the entertainment data and insights firm.
The changes in TV and film release patterns reflected the upheaval of 2023, when most of Hollywood went on a cost-cutting binge and strikes by the Writers Guild of America and SAG-AFTRA put a big crimp in the industry’s supply chain. “New economic realities cast a formidable shadow over the filmed content sector, particularly impacting the budgets allocated for new content production.
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