The chairman of the National Association of Cinema Operators (NACO) has warned that Netflix and other streaming companies are endangering medium-sized films that can gross $5 million-$8 million in Australia.
The exodus of staff from 20th Century Fox Film Distributors’ Sydney head office continues following the departures of Australasian MD Marc Wooldridge and other several senior executives.
The long-expected redundancies at 20th Century Fox Film Distributors' Sydney head office, now part of the Walt Disney Co., have begun.
It's the end of an era in the Australian screen industry with the departures of Jo Bladen, Disney’s general manager, studios and live entertainment, and Marc Wooldridge, Fox Film Distributors MD for Australasia.
The Walt Disney Company’s $US71.3 billion takeover of most of 21st Century Fox’s assets has resulted in several high level casualties in Australia.