Magazine article Screen International

Working Title Boss: Netflix and Amazon Series Pose Challenge to Film Business

Magazine article Screen International

Working Title Boss: Netflix and Amazon Series Pose Challenge to Film Business

Article excerpt

Working Title co-chairman Tim Bevan has said that the rise of big-budget "super TV" series such as Netflix's The Crown represents a challenge to his company's film business.

Speaking on BBC Radio 4's Broadcasting House programme yesterday (Mar 19), Bevan commented: "With Netflix and Amazon coming into the market place aggressively, it is a new form. It's a form that actors, directors and writers are finding very attractive."

Asked whether he believed the rise of high-end series backed by those SVoD players was negatively impacting the film industry, Bevan responded: "The area of the film business that Working Title works in, which is quality medium budget movies, $15m-$25m movies, has certainly been impacted by this."

"They're telling similar stories, but also it has become competitive, particularly for acting talent; these films have been squeezed by the availability of acting talent and where acting talent goes. They've been squeezed by the Netflix/Amazon 10-hour show which takes an actor six months to do.

"Working Title is in a premium position because we've got a niche in the market and we've always made three-four films a year. We haven't stopped doing that [but] it's definitely become more difficult, and one of the reasons it has become more difficult is these 10-part series," he continued.

Working Title, which became the first UK production company to pass $1bn in UK box office takings last year, is the UK's leading film production company with credits including the Bridget Jones series and Oscar-winners such as The Theory Of Everything, The Danish Girl and Atonement. …

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