Mansha Daswani

Rising costs, the looming writers’ strike in the U.S., the general economic malaise and the booming opportunities in AVOD and FAST dominated conversations at MIPTV last week.

New data from Digital TV Research indicates that global AVOD revenues for TV series and movies will rise by $50 billion from 2022 to 2028 to reach $91 billion.

Amid fears of a global recession and escalating costs, leading distributors share how they are preparing for the new era in the streaming wars.

The 60th edition of MIPTV came to a close in Cannes today with attendance up 22 percent from last year’s edition to reach 5,650 delegates, RX France’s Lucy Smith told reporters this morning.

Netflix ended the first quarter of 2023 with 232.5 million subscribers, adding 1.75 million members in the period, a 4.9 percent gain.

Ruth Berry, managing director of ITV Studios’ global commercial division, addressed MIPTV delegates in a Media Mastermind keynote today in Cannes, outlining her new remit, trends in non-scripted entertainment, the acquisition of Plimsoll Productions and opportunities in the FAST segment.

The importance of localization, access to exclusive content and the challenges of discoverability dominated several of the sessions at MIPTV’s well-attended FAST & Global Summit in Cannes this morning.

STUDIOCANAL CEO Anna Marsh discussed attracting and nurturing talent and navigating a challenging media ecosystem in her Media Mastermind keynote conversation with World Screen’s Anna Carugati today, using the session to unveil How to Stop Time with Benedict Cumberbatch and the company’s investment in the U.K.’s Strong Film & Television.

Media cartographer Evan Shapiro opened the lineup of MIPTV Media Mastermind keynotes in Cannes today by calling on IP owners to rethink how they distribute and monetize content.

Glass House Distribution’s latest rom-com, Ask Me To Dance, has notched up distribution deals in six territories.