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AMC Entertainment reported a slow start to Q2 2024 5 AUG 2024

Production

AMC Entertainment reported a slow start to Q2 2024

The company reported a 23.5% fall in revenue compared to Q2 2023. However, the final weeks of the quarter reignited the company’s revenue and set the path for the upcoming quarters.
Global demand for majority female productions doubled 2 AUG 2024

Trends

Global demand for majority female productions doubled

A recent report by Parrot Analytics revealed this increase was observed across both scripted and unscripted content, indicating a broad acceptance and appreciation for stories crafted by women.
Creative Diversity Network appointed Miranda Wayland as Chief Executive 1 AUG 2024

Corporate Moves

Creative Diversity Network appointed Miranda Wayland as Chief Executive

Wayland will lead the organisation’s activities including overseeing Diamond annual reports into specific areas, as well as the implementation of a new, enhanced iteration of the diversity monitoring and reporting tool. She will also be responsible for delivering cross-industry initiatives to improve inclusivity and career opportunities for members of under-represented groups.
UK: less than half of Generation Z watch broadcast TV 31 JUL 2024

Trends

UK: less than half of Generation Z watch broadcast TV

Just 48% of young adults tuned in during an average week last year, compared with 76% just five years before (2018), according to Ofcom's annual Media Nations report. The document also says 34% of time spent watching YouTube at home is now on a TV set, up from 29% in 2022. This increases to 45% among children aged 4 to15 – up from 36% in 2022.
USA: Digital ad spend exceeded $27 billion in the first half of 2024 31 JUL 2024

Markets

USA: Digital ad spend exceeded $27 billion in the first half of 2024

Sensor Tower indicated in its report that this increase was driven by significant investments across mobile, desktop, and OTT platforms, resulting in a total of 3.3 trillion impressions.