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Home / Business and Economy / Indie Producers Fear Hollywood's Consolidation Woes

Indie Producers Fear Hollywood's Consolidation Woes

11 Dec

•

Summary

  • Canadian producers face fewer buyers amid Warner Bros. takeover battle.
  • Consolidation by media giants threatens independent film viability.
  • Bell Media's Crave faces uncertainty over HBO Max content access.
Indie Producers Fear Hollywood's Consolidation Woes

The intense corporate battle for Warner Bros. Discovery, with bids from Netflix and Paramount, is creating significant apprehension among Canadian independent producers and broadcasters regarding potential repercussions.

Producers like Martin Katz express concern that a shrinking pool of major buyers will hinder their ability to sell content. Michael Paszt highlights how large media conglomerates often prioritize their own projects, leaving less room for independent films. This follows an already difficult period after the Warner Bros. merger with Discovery, which had already reduced accessibility for Canadian creators.

Bell Media, through its exclusive licensing deal with Warner Bros. Discovery for Crave, faces uncertainty about future access to HBO Max content. As U.S. streamers continue to draw Canadian viewers, the consolidation of Hollywood giants underscores the need for Canadian producers to be innovative and adaptable to remain competitive in the global market.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Canadian producers are concerned that the consolidation of major studios will lead to fewer buyers for their content, making it harder to secure distribution deals.
U.S. streamers have drawn audiences away from domestic networks, and the potential merger of Warner Bros. Discovery services creates uncertainty for Bell Media's Crave platform regarding content access.
These companies are likely seeking to expand their market share, consolidate intellectual property, and strengthen their positions in the competitive global streaming and entertainment industry.

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