Gal Gadot’s Heart of Stone and 109M
(Today’s edition is abridged as we wind down for Memorial Day)
Good morning: In today's edition of The Industry, we look at:
Netflix is engaged, Dennis Quaid has substance, Michel Gondry’s solutions, Beetlejuice, Beetlejuice and a donkey named Napoleon.
Let’s go!
THE INDUSTRY NEWS
Netflix released its second engagement report that detailed the number of hours each of its shows/films had been viewed in the last six months of 2023.
It continues to be a moment of slightly obfuscated transparency (films that debuted six months ago will have had more runway to rack up views). Netflix ultimately wins as their numbers dwarf everyone in the industry.
Top 5 most watched movies, ranked by views:
121 M - Leave the World Behind
109 M - Heart of Stone (congrats Tom)
83 M - The Out-Laws
It’s great to see Ethan Hawke, Julia Roberts, Adam Sandler, and Pierce Brosnan at the top of the ranking of Netflix’s most-watched stars. If those watch hours were translated into Hollywood box-office dollars, the world would be a different place.
Netflix, looking to bring more titles to its arsenal, bought one of the first major Palme d’Or contenders at Cannes, Jacques Audiard’s Emilia Perez, for $12M.
Netflix also paid $34M for Monsanto, a Michael Clayton-style film starring Glen Powell, Anthony Mackie, and Laura Dern.
Lionsgate cuts Starz and its losses. Lionsgate, now separated from Starz, has posted strong (fiscal) Q4 2024 numbers.
Here’s a breakdown: