ENSIDER:NEWS
The number and volume of global corporate transactions are at a new low. The stock markets are showing continued sideways movements. Large consulting and investment firms are reporting ever smaller ticket sizes (volume of the respective transaction) and the acceptance of higher and increasing risks. Traditional valuation models are being questioned more and more frequently. Dramatic for big capital - and an opportunity for medium-sized companies, including in the German creative industries. Sustainability and impact investments are high on the list of search criteria. Both can often be well represented in the creative industries.
The developments in the German production market in the first half of the year were disappointing and caused a disillusionment with the previously believed mantra of eternal growth. The reasons for this development in Germany are varied and can be traced back to the correlation of various market events. Although the writers' strike in the USA has so far hardly been noticed in this country, the situation could also become more acute in Germany if other trades join in. The decision of the actors' representatives is expected this week - which could exacerbate the problems of the German production landscape in the short term.
This year, the Munich Film Festival is once again being used by filmmakers as a platform for exchange and networking. Project business in particular thrives on togetherness and community. The first few days have shown that the film festival is a central anchor for the creative industry in the southern German media metropolitan region. The most important topics so far: the future of cinema, the future viability of the production location (keyword FFG), broadcasters' commissioning policy, cost pressure in the entire value chain and, of course, the influence of AI.
Never-ending to-do lists? The feeling in the evening that you haven't achieved enough? A tight, self-disciplined organization, even in your private life? Does this sound familiar? Do you disdain the "work ethic" of younger generations and the topic of "work-life balance"? Do you define the meaning of your life and the appreciation of it through your work? Do you stylize overwork and overtime as a lifestyle? Then you belong to the "Burn On" target group - known from the book of the same name by Bert de Wildt and Timo Schiele - and you may exhibit the occupational disease symptoms of chronic burnout, if this does not erupt acutely in a final event. Following Richard David Precht's philosophical consideration of the topic of work, this medical perspective complements the picture of our performance-oriented society, its effects and the logical consequences that generations Y and Z must inevitably draw from it. The good news is: with simple solutions we can reduce our stressors and increase our well-being.
The global competition between streaming wasteland and group cinema experiences, between series and individual pieces, was constantly present at the trade show in the USA and also at the German cinema fair. Just as forms of use have undergone disruptive developments in the course of digitalization, creatives also fear similar tendencies for their own work. The strike by the authors of the WGA is justified in particular by a lack of profit sharing and the dangers posed by AI. Since last Wednesday, directors have also entered the negotiations with similar demands. A strike is also an issue there. So far, the effects have only been felt by the shows directly affected. However, history has shown that, of course, a production stop is also foreseeable for series and fictional productions in general, with a corresponding time delay. A risk for all companies whose focus is on large international projects. At this year's Cannes Film Festival, numerous formats are dedicated to these topics and are being closely followed by the international press.