MIPCOM 2018 DAY 1 ™ October 15, 2018
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MIPCOM 2018 DAY 1 ™ October 15, 2018 My 2 Cents: Exposés Production’s New Business Personality and the big cauldron Model Revealed at MIPCOM of the Year: A of entertainment Page 3 ith no less than 10 confer- Pleasant Surprise ences in two days devoted INSIDE: French Wto production fi nancing, his MIPCOM, the Personality MIPCOM could very well become the of the Year award will be giv- Affairs — Series Mania Davos of Cannes or Wall Street on the en to Issa Rae — best known and Le Rendez-Vous Croisette. T in the U.S. and the U.K. as the cre- The production model is chang- ator, producer, and star of HBO’s In- Page 6 ing and the market’s organizers have secure — with full HBO support. taken stock. Years ago, things were The 33-year-old Los Angeles- simple. Producers would pitch a TV INSIDE: MIPCOM is born star is less known internation- outlet. If the project was deemed ac- watching Turkish ceptable, the TV station would give duce the show. ally despite being a Peabody Award the producer a piece of paper indi- Today, due to the changing busi- winner, as well as a two-time Golden TV content ness model imposed by Wall Street, Globe Award nominee for Best Ac- cating a commitment for up to 40 Pages 16, 18 percent of production costs. The pro- TV content has to be pitched to TV tress — Television Series Musical or ducer would take that piece of paper outlets fully fi nanced, since fi nanc- Comedy. Some observers were baf- to the bank and factor it to get some ing for accepted projects tends to only fl ed by the selection since Rae isn’t money in advance. Only then would be available on delivery. Under these yet an internationally recognized VideoAge he or she go to the domestic syndica- harsh conditions, producers must name. tion and international markets to fi nd turn to fi nanciers to fund projects or Popularity in the U.S. caught Rae Daily on the rest of the money needed to pro- secure bridging loans. by surprise. As she told Us magazine, the go (Continued on Page 4) (Continued on Page 4) Studios’ Love for MIPCOM Has Many Hues hina is being celebrated here at MIPCOM as the Country Cof Honor, but most of the attention is on the U.S. studios, which have a huge presence here in tents as big as football fields, terraces as large as tennis courts, and piers that could dock cruise ships. All the major U.S. studios are here, as are the U.S. mini-majors. Combined, they have brought to MIPCOM some 350 of their 1,000 hours of new content. But the whe- eling and dealing is not limited to content. Ongoing consolidations are going to eliminate many jobs, therefore we are seeing a surge of job searches here at the market. For studios, the October MIP- COM event was love at first sight the moment it began 33 years ago because it perfectly complements May’s L.A. Screenings. Since all the studios’ overseas executives converge in Cannes for the market, MIPCOM offers a great opportunity 1 to meet for internal gatherings. (Continued on Page 4) Live: 25 Trim: 27 Bleed: 28.0 FROM ACADEMY AWARD® -WINNING PRODUCER CHARLES FERGUSON INSIDE JOB My 2¢ Frenemies and Fear show The Big Picture of Madison AN A+ E NETWORKS® DOCUMENTARY EVENT Avenue, Hollywood, and Washington, D.C. And this is only the beginning! his has been a year of exposés — of Madison enemies at the same time. Avenue (with Frenemies), of Hollywood (with The subtitle of The Big Picture is “The Fight for TThe Big Picture), and of Washington, D.C. (with the Future of Movies,” and Fritz explains that in the Fear). Contents page — how franchises killed originality, Another fl urry of tell-all books is soon expected why studios stopped making mid-budget dramas, and that will expose the truth about some of the 100 or so how TV stole movies’ spot atop Hollywood. men in the entertainment business who have recently Moving back east to the U.S. capital, the subtitle been accused of sexual misconduct, including Harvey of Woodward’s Fear is “Trump in the White House,” VIDEOAGE Weinstein, Les Moonves, Roy Prince, Bill O’Reilly, and which could well be a sardonic take on Fear Factor, a DAILY Italian actor Asia Argento — one of the few women TV show that aired on NBC, the same network that AT MIPCOM who’ve been caught up in this wave of disclosures. aired Donald Trump’s The Apprentice, a show that (According to a report by the U.S. Equal Employment many believe helped catapult the host to the White STAND P-1.J11 Opportunity Commission, just 16.5 percent of the House. 6,696 sexual harassment allegations fi led last year In one of the book’s 420 pages, John F. Kelly, MAIN OFFICE: 216 EAST 75TH STREET were fi led by men. That percentage has been relatively Trump’s chief of staff, is quoted by Woodward as NEW YORK, NY 10021 consistent since 2010.) Now that the genie is out of the saying that Trump is “an idiot. It’s pointless to try TEL: (212) 288-3933 FAX: (212) 288-3424 bottle, it seems like newer and more explosive cases to convince him of anything. He’s gone off the rails. Bleed: 37.0 Trim: 36 Trim: Live: 34 Live: are emerging from the entertainment industry each We’re in crazytown.” WWW.VIDEOAGE.ORG day. I, for one, wouldn’t be surprised to soon see WWW.VIDEOAGELATINO.COM Hollywood was unmasked by entertainment “Trump: The Musical,” a Broadway show starring EDITOR-IN-CHIEF industry reporter Ben Fritz. Madison Avenue was Vladimir Putin, porn star Stormy Daniels, former DOM SERAFINI exposed by Ken Auletta, a veteran of the U.S. Playboy model Karen McDougal, and the choir of the EDITORIAL TEAM advertising industry. And the White House (which Grace Evangelical Church conducted by Mike Pence. ISME BENNIE (CANADA) nowadays is more entertaining than Broadway and The point is that, these days, one cannot separate ENZO CHIARULLO Hollywood combined) was ravaged by Watergate Wall Street, Madison Avenue, Broadway, Hollywood, CARLOS GUROVICH LEAH HOCHBAUM ROSNER reporter and political insider Bob Woodward. and Washington, D.C. It’s all one big cauldron of SUSAN HORNIK Frenemies’ subtitle, “The Epic Disruption of the entertainment. GLENN HOULIHAN CAROLINE INTERTAGLIA Ad Business,” summarizes the book, which tells of OMAR MENDES the end of ad agencies. These days they are being Dom Serafi ni LUIS A. POLANCO threatened by technologies such GILLES POURTIER YURI SERAFINI as programmatic ad buying, by clients doing more creative work, by PUBLISHER publishing platforms, and strangely, MONICA GORGHETTO by the sheer size of the ad agencies BUSINESS OFFICE themselves, which appear to be LEN FINKEL, RACHEL GARNEY crumbling under their own weight. LEGAL OFFICE “Frenemies,” an American word ROBERT ACKERMANN, originally minted in 1953, but which STEVE SCHIFFMAN only recently entered the common WEB MANAGER BRUNO MARRACINO vernacular, indicates persons (or DESIGN/LAYOUT companies) that are friends and CLAUDIO MATTIONI CARMINE RASPAOLO ILLUSTRATIONS BOB SHOCHET 2 del mundo. países y en otros Unidos Estados en los protegidas LLC, Networks, Television de A&E comerciales marcas son reivindicadas Las marcas A+E Networks. ©2018 VISIT US: STAND P3.C-1 sales.aenetworks.com October 15, 2018 Live: 25 Trim: 27 Bleed: 28.0 FROM ACADEMY AWARD® -WINNING PRODUCER CHARLES FERGUSON INSIDE JOB My 2¢ Frenemies and Fear show The Big Picture of Madison AN A+ E NETWORKS® DOCUMENTARY EVENT Avenue, Hollywood, and Washington, D.C. And this is only the beginning! his has been a year of exposés — of Madison enemies at the same time. Avenue (with Frenemies), of Hollywood (with The subtitle of The Big Picture is “The Fight for TThe Big Picture), and of Washington, D.C. (with the Future of Movies,” and Fritz explains that in the Fear). Contents page — how franchises killed originality, Another fl urry of tell-all books is soon expected why studios stopped making mid-budget dramas, and that will expose the truth about some of the 100 or so how TV stole movies’ spot atop Hollywood. men in the entertainment business who have recently Moving back east to the U.S. capital, the subtitle been accused of sexual misconduct, including Harvey of Woodward’s Fear is “Trump in the White House,” VIDEOAGE Weinstein, Les Moonves, Roy Prince, Bill O’Reilly, and which could well be a sardonic take on Fear Factor, a DAILY Italian actor Asia Argento — one of the few women TV show that aired on NBC, the same network that AT MIPCOM who’ve been caught up in this wave of disclosures. aired Donald Trump’s The Apprentice, a show that (According to a report by the U.S. Equal Employment many believe helped catapult the host to the White STAND P-1.J11 Opportunity Commission, just 16.5 percent of the House. 6,696 sexual harassment allegations fi led last year In one of the book’s 420 pages, John F. Kelly, MAIN OFFICE: 216 EAST 75TH STREET were fi led by men. That percentage has been relatively Trump’s chief of staff, is quoted by Woodward as NEW YORK, NY 10021 consistent since 2010.) Now that the genie is out of the saying that Trump is “an idiot. It’s pointless to try TEL: (212) 288-3933 FAX: (212) 288-3424 bottle, it seems like newer and more explosive cases to convince him of anything.