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VP Licensing, Distribution & Programming Anuvu - ex Lionsgate - ex Apple - ex Cathay (Best IFE in the World 2023 Skytrax Award Winner)

My 3 takeaways from Cannes Film Festival this year: 1) The independent film market is transitioning more and more to commercial genres and storylines. Dramas in particular lately, even with renowned directors, have struggled at the box-office and are of less interest to streamers. Many SVOD services value a title on how captivating the first 5 minutes are, for fear that viewers tune out. This is encouraging a shift to bigger mainstream titles, though as the budget climbs the volume can shrink. 2) Indies are also increasingly expanding into TV. No longer the second place silver screen and again fueled by the SVOD wars, TV is becoming an important focus. A24's success with Beef on Netflix or Euphoria on HBO Max are prime examples of this and we heard more independents will soon be joining the game. 3) Non-English language titles are more popular. The top 2 prizes this year were taken by a French and German film respectively. This is not unprecedented at Cannes of course but the buying frenzy around some of the less global languages is. We already have seen the dominance of Korean Movies and TV series with titles like Squid Games and Parasite and its likely other countries will rise as audiences become increasingly accustomed to subtitles. My best guess is Bollywood will become increasingly global but let's see! The great thing about all three of these trends is they marry up nicely with airlines and our other non-theatrical markets. The more commercial movies, TV series and diversity in languages there are the better for our customers too. Any other takeaways from those that attended Festival de Cannes? #Film #Entertainment #InflightEntertainment #tvseries #airlines Anuvu

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Bijaya Jena

Film Director | Actress | Scriptwriter | Producer

1y

I agree that audiences are now getting used to subtitles and are interested in good stories from any corner of the world.Saying so,India has alternative cinema without Bollywood parameters and they are catching up and will catch up like the stories from Iran or Afghanistan.

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