Executives from Searchlight Pictures have expressed concerns about the studio's ability to compete with major streaming platforms like Netflix, Apple, and Amazon. Katie Goodson-Thomas, a top executive at Searchlight, stated that the studio is frequently 'priced out' of projects, facing challenges on a daily basis due to the financial dominance of these streaming giants. This sentiment was echoed by other industry leaders, who emphasized the need for independent films to adapt by becoming cheaper and bolder to attract audiences. The comments were made during discussions at the London Film Festival, highlighting the ongoing struggles of traditional studios in the evolving entertainment landscape.
Top Searchlight Exec Says Studio Gets ‘Priced Out’ by Streamers on Daily Basis: ‘We Can’t Be Competitive With Netflix, Apple or Amazon’ https://t.co/Irc1HpQMnK via @variety
Working Title Partners Tim Bevan & Eric Fellner Say Indie Films Must Be Cheaper & Bolder To Cut Through With Audiences — London Film Festival https://t.co/m9cz86eDvT
Searchlight is outbid on a “daily basis” by streamers says UK exec; updates on future projects https://t.co/YZrtdSzdnM