Ahoy, everyone! Cinemagnetic is here to celebrate the season of coziness. So grab your hot cocoa and snuggle in, because we've got the reel deal to keep you entertained all season long!

Let's blow some leaves:

• LA Film Industry Fee Hike Impact 📈

• Disney's $8.61 Billion Acquisition of Hulu Stake 💰

• Paramount's “Mountain of Entertainment” 🏔️

• Disney Animation Staff Unionizes 🎨

Daily US Box Office: October 31, 2023 💸

LA Film Industry Fee Hike Impact 📈

Los Angeles is becoming less attractive to filmmakers due to recent fee hikes for permits.

FilmL.A. increased various fees, and while the hikes themselves might not be a deal-breaker, they're adding to a growing list of reasons why some productions are looking elsewhere.

For example, a permit that used to cover up to 10 locations for 14 days now only allows five locations over seven days, potentially tripling costs for large projects. This is making places like Canada more appealing.

Los Angeles has also been facing competition from other locations with more generous incentive programs and cheaper labor costs.

While Los Angeles remains a popular choice for scripted TV content, it's facing tough competition from regions like Georgia and the U.K., which have seen significant increases in hosting TV productions.

What's coming? 🤔

Disney's $8.61 Billion Acquisition of Hulu Stake 💰

Disney has decided to buy the remaining 33% stake in Hulu from Comcast's NBC Universal for around $8.61 billion, just a day after Hulu officially went up for sale.

The $8.61 billion represents Comcast's share of the $27.5 billion "guaranteed floor value" set in their 2019 agreement, minus some expected contributions.

This process should wrap up in 2024.

Disney's focus on streaming, led by CEO Bob Iger, is clear as they take full control of Hulu. Comcast, which has a strong financial position, expects a substantial payout for its Hulu stake, citing Hulu's high viewer engagement.

This acquisition is part of a detailed appraisal process, and both companies aim to agree on the fair market value of Hulu.

November 2nd Birthdays 🎂

Paramount's “Mountain of Entertainment” 🏔️

Paramount Global has exciting plans for next year's Super Bowl LVIII in Las Vegas.

CBS will air the Super Bowl on February 11, with Paramount+ streaming it. They're going all out, building a "Paramount Mountain" on top of the Mirage volcano on the Las Vegas Strip.

Fans can enjoy interactive experiences related to famous Paramount franchises like Transformers, Yellowstone, Star Trek, and more.

Josh Line, EVP, and Chief Brand Officer at Paramount Global, said, "Paramount’s ‘Mountain of Entertainment’ in Las Vegas is an exciting, fan-focused physical manifestation of the expansive and popular content from across our portfolio of brands."

The event will feature the Paramount+ Lodge, where you can explore the world of their streaming service, and the Funicular Experience, which offers a hyper-realistic gondola ride guided by Paramount characters and brands.

November 2nd Releases 🎞️

Disney Animation Staff Unionizes 🎨

Staff at Walt Disney Animation Studios have voted overwhelmingly in favor of unionizing.

They have chosen to be represented by IATSE and the Animation Guild for collective bargaining, with 93% voting in favor and only five members opposing.

This decision covers around five dozen production coordinators, production managers, and production supervisors.

The process began in March when employees expressed their intent to unionize. The National Labor Relations Board oversaw the election, which concluded in November.

This move follows similar successful unionization efforts within the entertainment industry, including at Marvel Studios, a Disney subsidiary, and Nickelodeon.

New Trailer / David Holmes: The Boy Who Lived ▶

Still of the Day ⏸

• Director: Jason Reitman

• Director of Photography: Eric Steelberg

• Duration: 1h 36min

• Aspect Ratio: 1.85 : 1

• Camera: Panavision Panaflex Millennium XL, Panavision Panaflex Platinum, Panavision Panastar

• Lenses: Panavision Primo, Super Speed MKII, Super Speed Z-Series MKII and Ultra Speed Z-Series MKII Lenses

• Film Stock: 35 mm, Kodak 500T