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The $10 billion opportunity Hollywood is missing out on

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There is a 10 billion dollar opportunity for Hollywood…if there is more diversity in movies.

Movies with more diverse casts consistently earned more at the box office and generate bigger streaming audiences.

This comes from a Hollywood Diversity Report that was just released, the latest edition of an annual study of the relationship between Hollywood’s bottom line and diversity in front of and behind the camera, from UCLA professors Darnell Hunt and Ana-Christina Ramón.

Viewers are demanding that the pop culture they consume better reflects America’s diversity.

Meaning Hollywood is leaving money on the table when it doesn’t prioritise accurate representation.

Director/Writer/Editor/Producer Chloé Zhao and Frances McDormand on the set of NOMADLAND. Photo by Joshua James Richards. © 2020 20th Century Studios All Rights Reserved

The study assessed global box office revenue and viewership numbers of the top 185 films released in theatres and on major streaming platforms in 2020.

The findings found that movies that featured 41 to 50 per cent actors of colour, performed the best at the box office.

Findings also reported that women and people of colour are significantly more likely to have directed and/or written films with greater on-screen representation, compared to those of their white male counterparts.

“Hollywood would benefit greatly
from embracing 2020’s revelations about the
bottom-line possibilities associated with major
advances on the diversity front”

UCLA professors Darnell Hunt and Ana-Christina Ramón said in the report.

The second part of the report, focusing on television, will be released later this year.

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Crypto

Bitcoin rally raises sustainability fears

Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.

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Bitcoin surges past $124K, gaining $1,300 in 24 hours, but analysts warn of fading momentum amid weakening network activity.


Bitcoin has surged past $124,000, adding more than $1,300 in just 24 hours, one of its strongest rallies this quarter.

But analysts warn the momentum could be fading, as on-chain data shows network activity weakening despite rising prices.

#bitcoin #money #bitcoinsurge #tickernews


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New Ticker TV show The Connector launches to bridge Australia-UK

Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK ties through insightful conversations

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In Short:
– Ticker Studios launches The Connector, hosted by Belinda Coates, enhancing Australia-UK opportunities through dialogue.
– It comes as Prime Minister Albanese promotes strong ties with London, emphasising cultural and economic connections between the nations.
Ticker Studios launches The Connector, hosted by Belinda Coates, facilitating Australia-UK opportunities through dialogue.
The new show highlights leaders and ideas enhancing connections between the two nations during a pivotal period.It comes as Prime Minister Anthony Albanese’s efforts to strengthen ties with London underline the partnership’s commercial and cultural importance. With 1.1 million UK-born residents in Australia and A$4.2 trillion in superannuation funds invested in UK infrastructure, these connections grow increasingly vital.

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Belinda Coates brings extensive experience in executive and advisory roles across various sectors. She is driven to reshape industries and create opportunities on both sides of the world.

Ahron Young, CEO of Ticker Studios, stated that now is the ideal time to highlight the talent and capital flowing between Australia and the UK. The Connector aims to spotlight innovators and changemakers bridging industries and borders.

“With so much talent and capital flowing between Australia and the UK, this is exactly the right time to tell these stories. The Connector will spotlight the innovators, leaders, and change-makers building bridges across industries and borders.”

Focus on people

Coates explained the programme’s focus on people, showcasing visionaries shaping the future and exploring collaboration’s role in generating opportunities. The show aims to inspire with stories highlighting resilience, growth, and ambition.

“This show isn’t about dry trade figures or policy—it’s about people. We’ll showcase the visionaries shaping the future in both countries, explore how collaboration sparks opportunity, and inspire audiences with stories of resilience, growth, and shared ambition.”

The Connector will debut on Ticker’s global streaming network this month, with new episodes released weekly. It will feature guest experts from various sectors, addressing relevant topics like housing affordability and building stock revitalisation.


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Big tech’s influence on copyright threatens Australian creators

Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai

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Michael Miller warns AI’s data exploitation may harm journalists’ rights, reminiscent of past tech threats to Australian media. #bigtech #ai


News Corp Australasia’s executive chairman, Michael Miller warns that the ambition of AI companies to exploit data without fair compensation may undermine the rights of journalists and artists.

The approach of major tech companies during the digital revolution could resurface, threatening Australian media and content creators if copyright laws are eased.

 


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