/PRNewswire/ The "The Film, Gaming and Animation Industry in South Africa 2023" report has been added to ResearchAndMarkets.com s offering. This report.
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High speed internet and increased accessibility have been game changers for the film, animation and gaming industry. Online streaming services such as Netflix and Showmax have changed the way people consume TV and film. Streaming has also changed the way copyright and licensing agreements are structured. Coronavirus has had a massive impact on the film industry as cinemas closed, filming stopped initially and online streaming and gaming burgeoned. Local television production was declared an essential service and continued with restrictions.
The biggest obstacle to a flourishing industry in South Africa is the stranglehold that the broadcasters have on the sector in terms of ownership of content. This is changing as the monopoly that the SABC, M-Net and eTV have is being challenged because of the streaming opportunities presented by Netflix in particular. Local film co
ResearchAndMarkets.com’s offering.
High speed internet and increased accessibility have been game changers for the film, animation and gaming industry. Online streaming services such as Netflix and Showmax have changed the way people consume TV and film. Streaming has also changed the way copyright and licensing agreements are structured. Coronavirus has had a massive impact on the film industry as cinemas closed, filming stopped initially and online streaming and gaming burgeoned. Local television production was declared an essential service and continued with restrictions.
The biggest obstacle to a flourishing industry in South Africa is the stranglehold that the broadcasters have on the sector in terms of ownership of content. This is changing as the monopoly that the SABC, M-Net and eTV have is being challenged because of the streaming opportunities presented by Netflix in particular. Local film companies are now able to secure deals with global reach.