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But like, why film though?

But like, why film though?

First date, kinda nervous

Thanh Lieu
February 14, 2024

Good days. It’s the first weekly recap with The Produced, so grab a drink and get comfy - don’t bump your head into the cupboards though.

(If you’re celebrating Valentines today - cool, just don’t brag. If you’re not, cheers to our first date)

The Produced’ s Recent Transactions

Studio conglomerate Paramount to lay off around 800 employees in various divisions: CBS, Paramount Pictures, Paramount+ and more.
Featured film “Mai” by filmmaker Tran Thanh broke Vietnamese box office record: fastest reach to $4 million.
Netflix to roll out new seasons for Korean series as part of its $2.5 billion committed investment on the peninsula throughout the next four years.
Past Lives’ Independent entertainment company A24 stock price is $63.69 per share today.
Allen Media Group offered Paramount Global $30 billion for a buyout, including debt and equity.
Walt Disney announced April 4th shareholder meeting amidst disagreements over the media giant’s future.

Ultimately, Why Investing in Films?

It’s no doubt that instability and inconsistency are some of the biggest hurdles in the film industry. In fact, there is a lack of “guaranteed measures” to ensure profits judging from an investor’s perspective, unless you’re one of the big film studio conglomerates.

But it is exciting, and investing might be all about venturing to untouched territories to get a competitive edge.

Here are some benefits of investing in films outlined by Colin Brown, a “filmonomic” expert from Slated. Check out his article for a more in-depth perspective:

High Return Potential: like venture capital, exponential return can surprise you.
New Money, New Sophistication: China as an economic power house - it’s promising future forecasts new integration of technology in film distribution (take blockchain as an example)
Resilience: like for real, the film industry bounces back like a champ, baby. Take the Hollywood’s Golden Age for example - the most profitable era was during the post-war and and Great Depression.

What are your thoughts on this?

Community, A Heart, Arts and Activism

Our film of the week is Maradona’s Legs (2019). It’s a short film of innocence, love for football, community and childhood to give your soul a quick cleanse.

This week’s film pick: “Maradona’s Legs” directed by Firas Khoury (2019)

On January 4th, folk and R&B singer/songwriter Mustafa The Poet organized a concert named “Artist for Aid” Newark Symphony Hall, New Jersey. He was joined by big names like Daniel Caesar, Clairo, Omar Apollo, Stormzy and more artists for a night of art-ivism to raise funds for humanitarian aid in Gaza and Sudan.

All proceeds went towards the Human Concern International, a Muslim-Canadian organization aiding areas of conflicts with food, clean water, medical care and education.