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Netflix vs. The World: Foreign Streamers Prepare for War

1 hour ago

This story first appeared in the Aug. 7 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe. As Netflix expands to 200 countries by the end of 2016, established players in foreign markets have begun to beef up offerings ahead of the new competition. Netflix ended June with 42.3 million U.S. and 23.3 million international subscribers, and Nomura analyst Anthony Diclemente predicts by 2020 it will reach a whopping 94 million global subs. Here's a look at key foreign markets where Netflix can expect a fight. Italy Starting this fall, Netflix will

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- Georg Szalai

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Relativity Bankruptcy: How the Legal Proceeding Works

1 hour ago

Now that Ryan Kavanaugh’s Relativity Media has filed for Chapter 11 bankruptcy protection, a group of the company’s lenders has emerged who will be making a so-called “stalking-horse” bid for the company. Identified in today’s bankruptcy announcement only as Rm Bidder LLC, the group consists of Anchorage Capital Group, Luxor Capital Group, Falcon Investment Advisors and Colbeck Capital, The Hollywood Reporter has confirmed. Anchorage stymied Kavanaugh’s attempt earlier this month to buy himself time when he struck a deal with the Canadian private-equity firm Catalyst Capital to buy $130 million in Relativity’s senior debt. Anchorage, in turn,

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- Gregg Kilday, Austin Siegemund-Broka

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Former ‘Top Gear’ Producer: Amazon Deal Was “Strongest and Most Intelligent Offer”

5 hours ago

Just a day after Amazon announced that it had snared the highly sought-after signatures of Jeremy Clarkson and his former Top Gear co-hosts James May and Richard Hammond for a new motoring show, their producer has revealed more about the deal. Andy Wilman, who helped create Top Gear’s most recent and hugely popular format with Clarkson and remained its producer until shortly after the controversial presenter was dismissed in March this year, told Broadcast magazine that Amazon’s was the “strongest and most intelligent offer.” “Money, freedom and a love of quality. Those three things are what was

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- Alex Ritman

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Relativity Bankruptcy: The Fallout for Its Movies

10 hours ago

Relativity, which filed for Chapter 11 bankruptcy protection today, may be shedding films. But with an auction now pending, lenders have a vested interest in seeing the company remain in the film business. And to do that, a restructured Relativity will need to keep some product in the pipeline. With the company’s future very much in flux, Relatively remains committed to the release of at least two films, Masterminds and Kidnap, and hopes to start production on a third, The Crow, this fall, according to one insider. Masterminds, the heist comedy starring Zach Galifianakis and Owen Wilson, is currently slated

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- Pamela McClintock, Rebecca Ford

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HBO Chief On 'Game of Thrones'' Violence, 'True Detective's' Quality and 'Curb's' Future

13 hours ago

Hot off of a record 126 Emmy nominations, HBO programming chief Michael Lombardo took the Television Critics Association summer press tour stage Thursday to a deluge of questions. And though he urged his Beverly Hilton audience to "be nice" -— this was his first panel without New York-based CEO Richard Plepler by his side, after all — he was game to field every one that came his way. Among them: What does he think about the current season of True Detective, which has been the subject of heavy criticism in recent weeks? Is Larry David any closer to reviving

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- Lacey Rose

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