Media C-Suite Week No. 40, Issue No. 27

Media C-Suite The Week No 40 Issue 27

A Week in the Media C-Suite

It’s Sunday, the 1st of October, 2023.

As we continue to wait for the AMPTP to negotiate with SAG-AFTRA, after the recent tentative deal with the WGA, it’s not a bad idea to consider what entertainment can do. 

Connecting Polar Opposites

On this day in 1949, the leader of the People’s Liberation Army, Mao Zedong, proclaimed the establishment of the People’s Republic of China.  With ideology diametrically opposed to the capitalist West, and in particular, the United States of America, the decades since have witnessed the rise of China as a great power and the fall of the Soviet Union.  To this day, politicians continue to focus on the polarizing ideology between “us” and “them”.

But for those of “us” (and “them”) who are not politicians, the divisive rhetoric pales in comparison to what all of us, in every nation, have in common as Humans.  One, very large commonality remains the inherent need we all feel to be entertained by stories.  To put it all into context, consider this:

According to a recent report, cinema screens in mainland China have increased almost 20-fold since 2007.  The number of cinema screens increased to 82,248 in 2021. In 2021 alone, about 1.17 billion tickets were sold at movie theatres in China. Hollywood blockbusters found it hard to compete with Chinese domestically produced films, but when they do, they prove China to be one of the most important international markets for Hollywood.

Another interesting related piece of trivia, also on this date in 1971, Disney World near Orlando, Florida, opened its doors.  Despite the politics and the ideology, Disney’s first resort in China, in Shanghai, opened in 2016.

In the past year, as China has emerged from particularly grim and grueling effects of Covid-19, the cinema in China, as with the rest of the world, has boomed.

Humans, as it turns out, just want to have fun.

Just Catching Up?

It’s all about progress, right?

No, Actually, It’s All About the Audience

We were proud to hear from Colin Vaines, Decentralized Pictures’ Leo Matchett and myco.io’s Phil McKenzie for this week’s Feature article.

Many of the writers in Hollywood, freshly relieved of the picket lines, are now once again fully beholden to the Studio execs.  Toil as they may on scripts that are badly needed, the process of developing them into production projects will remain at the absolute mercy of the very few gate-keepers who carefully maintain a corporate wall between creatives and the audiences craving more content.

Luckily, a handful of media entrepreneurs are applying new technologies to facilitate an interaction between creatives and audiences that promises to deliver faster development of entertainment content that consumers actually want. 

In the process, these pioneers are building a new business model for the next generation of film-makers.  Professional Investors are paying attention.

Looking Ahead?

It’s a great perspective.

Spreading the Word!

The Media C-Suite may be new, but our readers sure aren’t. And we’re hearing from some of the most experienced media execs out there with insight into what’s really behind those headlines in the Glamour Rags of Hollywood.

We started this adventure because so many Professional Investors wanted to know what those in the Media & Entertainment industry were thinking. Now the entrepreneurs in the industry are asking the same about Professional Investors. And we are doing our best to tell you all.

But hearing a few additional voices might be good a idea as well.

A Call for Submissions

If you have story to tell about the business of Media & Entertainment, or any aspect of it, we want to publish it for our Community.

First step is to read through a selection of our articles to get a feel for what we publish. You don’t have to write like us; we want your voice. We do want you to get the facts right and explain what you mean with a style that all you.

Once you have an ideal for an article then please do look though our Editorial Policy.

Editorial Policy – The Media C-Suite (mediacsuite.com)

Choose a subject, organise your thoughts and prepare an outline.  You can write your article from there or send us the outline to discuss.

Send article submissions to: submissions@mediacsuite.com

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