In the ever-evolving landscape of the television, film and SVOD industries, 2023 proved to be another notable year for trend shifts. New economic realities cast a formidable shadow over the filmed content sector, particularly impacting the budgets allocated for new content production. Combined with an increasingly competitive landscape vying for viewer attention, those economic realities have prompted a strategic shift in the approach of both linear TV networks and streaming platforms. As a result, linear TV networks are premiering fewer programs, and streaming platforms, while also unveiling fewer titles, are strategically bolstering their catalogs with a notable emphasis on foreign language programs and films. These industry-wide adjustments underscore the complex interplay between economic forces and creative strategies, challenging the traditional paradigms that have long governed the entertainment domain.
In Luminate’s first-ever Film & TV Year-End Report, we unpack the aforementioned takeaways with our industry-leading intelligence and insights data. From genre shifts in production and audience preferences to new findings about foreign-language content and existing IP, the following is a reflection of the 2023 film, television and SVOD most notable trends.
