DVD

• SEONGNAM, South Korea, Oct. 18, 2023 /PRNewswire/ -- SK chemicals supplies circular recycled materials to the global record market.
• SK chemicals (CEO Ahn Jae-hyun) announced on the 19th that it co-developed the "EcoRecord" LP made from 100% recycled materials with global record producer Sonopress.
• Circular recycling is an exclusive chemical recycling technology of SK chemicals that breaks down discarded plastics through chemical reactions into raw material units and then uses these raw materials to produce recycled plastics.
• SK chemicals is also considering signing a business agreement with local distributors and Sonopress to ensure a stable supply of circular recycled materials.

• The Pizza and a Movie Night promotion will have prominent signage in all 188 Jewel-Osco locations, on Redbox kiosk headers, and on rental screens.
• Redbox customers in the Chicagoland area will also receive email and push notifications about the promotion.
• “The promotion is launching as the hit movie Barbie will be available in our kiosks on Blu-Ray Disc and DVD.
• “Customers will find a variety of Signature Select pizzas to choose from, which will make the movie night even more enjoyable.”

• Redbox, a Chicken Soup for the Soul Entertainment (NASDAQ: CSSE) company, today announced “Barbie” – the number one movie of 2023 – will be available to rent on Blu-ray Disc® and DVD at Redbox® kiosks nationwide starting Tuesday, October 17.
• Through the Redbox app, consumers can easily locate their nearest Redbox kiosk and reserve their discs.
• The Redbox app is available on a wide range of devices, including iOS, Android, Roku, Samsung TVs, VIZIO, and many others.
• Aldo Ranks, Tame Impala, Dominic Fike, HAIM, The Kid LAROI, Khalid, PinkPantheress, GAYLE, Ava Max, FIFTY FIFTY and more.

• And some of the gains actors made through prior labor struggles – particularly through residuals, which are a small percentage of shared earnings from film or television – have vanished.
• Though the Writers Guild of America ended its strike on Sept. 27, 2023, actors represented by SAG-AFTRA remain on strike.
• Residuals are one of their main sticking points: They want to receive 2% of revenue generated by shows they appear in on streaming platforms.

The pandemic revealed a glimpse of the future

• The extent to which streaming changed the entertainment landscape came into focus during the COVID-19 pandemic.
• For the made-to-be-blockbuster “Black Widow,” Disney decided to release the film simultaneously in theaters and on its propriety streaming service, Disney+, for US$30.
• At $30, the price to stream “Black Widow” on television was equivalent to roughly three theater tickets.

A struggle for dignity

• The Hollywood studio system of the 1930s and 1940s was an era of vertical integration in the film industry.
• The “Big Five” major studios – Metro-Goldwyn-Mayer, Warner Bros., Paramount, 20th Century Fox and RKO – employed directors, writers, actors and camera operators.
• This created an efficient system that allowed for assembly-linelike production of films, not unlike Ford automotive factories.
• Actors – just like everyone else employed by the studios – received a salary for the length of their contracts.

Getting a slice of streaming revenue

• Examples include foreign box office revenue, DVD sales, syndicated television shows and theater releases that appear on television.
• In the streaming era, all new shows produced by streaming platforms are concurrently reruns and original runs.
• Actors want 2% of streaming revenue generated by the show or film to replace this line of income.
• Data on earnings tied to streams aren’t as clear as ticket sales or advertising revenue, and streaming platforms tend to keep this information in-house.

Closing the loophole

• In this sense, it harks back to the old studio system of the 1930s and 1940s.
• For this reason, there is no benefit for studios and platforms to offer actors revenue for every stream, because technically there is no secondary market.
• This is the loophole striking actors are looking to close.