Expocine, in partnership with the Revista Exhibidore, presents a summary with some of the main headlines of the film market of January
Distributors reveal their bets for 2024 and believe in public growth in cinemas
The year 2023 was marked by a strong resumption of audiovisual and cinema after the Covid-19 pandemic and, although it still did not reach the same levels as before, the balance was positive. Given the resumption scenario, the expectations of distributors are that, in 2024, the growth trend will be maintained. The Portal Exhibition spoke to some of the main distributors who work in Brazil about their bets.
January 2024 registers a 2200% increase in ticket sales for national films
January is closing, but it makes a good impression for the Brazilian film industry. Even with the expected fall of tickets in relation to January of the previous year, the viewers can celebrate: in a comparison with January 2023, ticket sales for national films recorded an impressive growth of almost 2200%.
Retrospective 2023: The main events of the year in the film market
The year 2024 began, but much of what we will see in the next 12 months will reflect a very complex 2023. From the high expectation of a strong resumption, the reality presented itself a little different, with strikes, positive and negative surprises in the box office, among other issues. In this way, there is much to highlight about the film market last year.
President Lula sanctions Screen quota for national productions in cinema and pay TV
The beginning of 2024 began with the confirmation of a awaited news for all Brazilian film industry: the screen share for national productions in cinema and paid TV were sanctioned yesterday (15) by President Lula. They were present during the signing: Margareth Menezes, Minister of Culture; Joelma Gonzaga, Secretary of Audiovisual; Márcio Tavares, Executive Secretary of MinC; and Alex Braga, President-Director of Ancine. Law No. 5.497/19 recreated the share of commercial exhibition of Brazilian works in cinemas, which is valid until December 31, 2033. The Law Project no. 3,696/23 extended the deadline of mandatory commercial display for national production on TV paid, valid until 2038.
Oppenheimer, Poor Creatures, and Moonflower Killers lead nominations at Oscar 2024.
In its 96th edition, the Academy of Arts and Cinematographic Sciences already has the films set for this year's Oscar. No surprise, as he has been collecting victories and nominations at other awards, "Oppenheimer" (Universal) was the most remembered film, with 13 nominations. "Poor Creatures" (Disney) and "Assassins of the Moon of the Flowers" (Paramount), in turn, close the podium with their participations in eleven and ten categories.
The transition between 2023 and 2024 has given good reason for the national film industry to cheer up. Much of this is for the excellent campaign that "My Sister and I" (Paris Filmes) has made since its commercial debut on December 28. With more than 750,000 tickets sold, the film should surpass the mark of a million viewers in the coming days. Marcio Fraccaroli, CEO of Paris Filmes, spoke with the Portal Exhibition.
After elections, the National Federation of Cinematographic Exhibition Companies (FENEEC) will continue with economist Lucio Otoni in office. In his office since 2022, Lucio will be the leader of the entity during the two-year period of 2024 and 2025 and highlights that, at the moment, the biggest challenge will be the renegotiation of debts.
Audio-producing organizations around the world join together for streaming regulation
A statement signed by a number of large audiovisual-producing organisations from different places in the world emphasized, and charged local governments, the need to regulate streaming platforms. A total of 20 producer organisations from Canada, Australia, Europe and Latin America sign the document establishing various guiding principles to ensure a future sustainable industry through regulation of powerful digital streaming platforms.
Telecine redefine securities acquisition model to meet new market demands
Now, in 2024, based on market changes and public behavior, Telecine will start making its film-to-film negotiations - no longer with "packages" as it did with some partner distributors - and expanding partnerships with other independent majors and distributors, as well as maintaining its presence at the major festivals in the world to ensure direct acquisitions for its platform. The focus is on the diversification of titles in the catalogue to better serve the public. Sovero Pereira, CEO of Telecine, gave an interview on the subject.
Disney will for the first time bring to Brazil the experience of D23, the main event for fans of the company's productions. Still without an exact date, the national edition will take place in November. Rather, however, the D23 will take place in Anaheim, United States, a city that has been the seat of the event since it was founded. Through D23, Disney has been presenting the best in the Disney universe since 2009 with news and various fan activations. Owner of some of the world's leading film studios, such as Marvel, Pixar, Star Wars, Searchlight, in addition to Disney's own original productions, the company takes advantage of the moment to announce films, series, and invite its main talents, among other novelties.
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