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Movie Production Market to grow by USD 56.11 Billion (2024-2028), fueled by global box office popularity, Report highlights how AI is redefining the landscape – Technavio

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NEW YORK, Dec. 9, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global movie production market size is estimated to grow by USD 56.11 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.76%  during the forecast period. Growing popularity of global box office is driving market growth, with a trend towards increased focus on digital movie screens. However, growing threat of piracy  poses a challenge. Key market players include A24 Films LLC, Amazon.com Inc., Annapurna Productions LLC, Anonymous Content, Comcast Corp., Dalian Wanda Group, Dharma Productions Pvt. Ltd., Eros International Media Ltd., Lions Gate Entertainment Corp., Paramount Global, RatPac Entertainment LLC, Red Chillies Entertainments Pvt. Ltd., Sony Group Corp., Storyteller Distribution Co. LLC, Technicolor Creative Studios SA, The Walt Disney Co., UltraV Holdings LLC, Village Roadshow Ltd., Warner Bros. Entertainment Inc., and Yash Raj Films Pvt. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Movie Production Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.76%

Market growth 2024-2028

USD 56.11 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.01

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 41%

Key countries

US, China, India, UK, and France

Key companies profiled

A24 Films LLC, Amazon.com Inc., Annapurna Productions LLC, Anonymous Content, Comcast Corp., Dalian Wanda Group, Dharma Productions Pvt. Ltd., Eros International Media Ltd., Lions Gate Entertainment Corp., Paramount Global, RatPac Entertainment LLC, Red Chillies Entertainments Pvt. Ltd., Sony Group Corp., Storyteller Distribution Co. LLC, Technicolor Creative Studios SA, The Walt Disney Co., UltraV Holdings LLC, Village Roadshow Ltd., Warner Bros. Entertainment Inc., and Yash Raj Films Pvt. Ltd.

Market Driver

The global movie production market is experiencing significant growth due to the rise in digital movie screens worldwide. Consumers’ increasing disposable income and preference for exceptional movie experiences have led to increased investments in digital theaters. Digital Cinema Packages (DCPs), which include all necessary digital data for movie projection, have replaced traditional film prints. DCPs offer benefits such as easier transportation, better image and sound quality, and reliability. The growing number of digital movie screens will directly contribute to the market’s expansion during the forecast period. 

The movie production market is thriving with new trends and technologies. Commerical films, documentaries, and short movies are in high demand. Movies are now being produced using innovative methods such as virtual reality and 3D movies. Online platforms are playing a significant role in movie distribution. Producers are using social media and other digital marketing strategies to promote their movies. Movies are being shot in various locations around the world. The use of cinemascope and high definition cameras is common. The movie industry is also focusing on sustainability by using eco-friendly production methods. The future of movie production looks promising with advancements in technology and changing consumer preferences. 

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 Market Challenges

The film industry faces a significant challenge with the rise of movie piracy, an unlawful act involving the unauthorized distribution of copyrighted movies or TV shows. This issue is particularly prevalent with the growth of online movie ticket booking services, providing a convenient platform for accessing pirated content. Consequences include decreased industry revenue, discouragement of high-quality content investment, and potential long-term decline in film diversity. To combat piracy, stronger copyright enforcement, advanced digital rights management, and public awareness campaigns are essential. Collaboration among industry stakeholders is crucial to ensure fair compensation for content creators and maintain the movie production market’s growth.The movie production market faces several challenges in today’s dynamic business environment. Movies and music are interconnected, with production companies requiring both to create engaging content. The cost of production is a significant challenge, with the need to invest in high-quality equipment and talent. Distribution is another hurdle, as companies must navigate various platforms to reach audiences. The digital age brings new opportunities but also increased competition. Producers must adapt to new technologies and consumer preferences while maintaining creative integrity. Additionally, regulatory issues and intellectual property rights add complexity to the production process. Overall, movie production companies must balance creativity, cost, and competition to succeed in this market.

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Segment Overview 

This movie production market report extensively covers market segmentation by  

Language 1.1 English1.2 French1.3 Spanish1.4 Mandarin1.5 OthersGenre 2.1 Drama2.2 Action2.3 Comedy2.4 Thriller and othersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 English-  The English movie production market is experiencing significant growth due to advancements in technology. Key players like Warner Bros and Walt Disney are leading the way, with extensive film libraries and new direct-to-consumer platforms. Disney’s collection includes over 5,500 movies and 30 television shows. In addition, Disney’s Fox brands offer a range of scripted, reality, and documentary content. Innovations such as 360-degree videos and virtual reality are emerging trends, providing experiences for audiences worldwide. These technologies are driving the market forward, offering new opportunities for English filmmakers.

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Research Analysis

In the dynamic and evolving movie production market, traditional theaters continue to thrive alongside innovative modes of watching. The emergence of 3D films and virtual reality (VR) technology has revolutionized the cinematic experience. IPTV and digital newspapers provide access to the latest news and reviews, while DTH and digital cable offer a wide range of channels, including general entertainment movies and international content from China, Japan, India, the Philippines, Vietnam, Australia, and more. Streaming platforms and online streaming services have further disrupted the industry, making it possible to watch TV shows and movies at one’s convenience. Production houses play a crucial role in the creation of this content, with creative writing and music being essential components. Squid Games and other popular productions have captured global attention, highlighting the market’s endless potential for innovation and entertainment.

Market Research Overview

The Movie Production Market encompasses various elements including films, TV shows, and streaming platforms. Movies and TV series are created through a complex process involving scriptwriting, casting, filming, editing, and distribution. Three-day films, documentaries, and reality shows are popular genres in this market. Movies and TV formats are produced using moving pictures and sound. The market is driven by consumer preferences, technological advancements, and industry trends. Streaming platforms have disrupted traditional distribution methods, leading to a shift towards digital content consumption. Movies and TV productions require significant investments in resources and manpower. Strategic planning, marketing, and innovation are crucial for success in this competitive industry. Millions of people worldwide enjoy movies and TV shows as a form of entertainment and relaxation.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

LanguageEnglishFrenchSpanishMandarinOthersGenreDramaActionComedyThriller And OthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/ 

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SOURCE Technavio

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Accord Specialty Pharmacy Named Finalist in MMIT’s 11th Annual Retail Specialty Pharmacy Patient Choice Awards

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ORLANDO, Fla., April 23, 2026 /PRNewswire/ — Accord Specialty Pharmacy, an independent specialty pharmacy serving patients across multiple states, has been named a finalist in the MMIT Patient Choice Awards, a recognition based on patient-reported satisfaction and experience.

Accord was selected as the only independent pharmacy among finalists in its category, alongside national pharmacy organizations such as Walgreens Specialty Pharmacy and Walmart Specialty Pharmacy. This distinction highlights the company’s commitment to delivering personalized, high-touch care for patients managing complex and chronic conditions.

The MMIT Patient Choice Awards recognize specialty pharmacies that demonstrate excellence in patient satisfaction, service quality, and overall care experience. Finalists are determined based on direct patient feedback, making the recognition a meaningful reflection of the trust patients place in their pharmacy providers.

“Being recognized alongside national organizations and as the only independent finalist validates our belief that personalized, patient-centered care drives better outcomes. We are building a model that combines clinical depth, national reach, and operational flexibility to better serve patients, providers, and partners.” said AJ Patel, Founder and Pharmacy Manager of Accord Specialty Pharmacy.

Accord Specialty Pharmacy supports patients across complex specialty categories, including oncology, rare disease, and infusion, through a clinically driven, high-touch care model designed to improve access, adherence, and outcomes. The company’s approach emphasizes personalized support, responsive care coordination, and strong clinical engagement to help patients navigate complex therapies more effectively. With a growing national footprint and multi-state licensure, Accord is positioned to support patients, providers, and partners across diverse markets.

For more information, visit MMIT Announces Finalists of the 11th Specialty Pharmacy Patient Choice Awards – MMITNetwork.

About Accord Specialty Pharmacy:

Accord Specialty Pharmacy is an ACHC-accredited, multi-state licensed independent specialty pharmacy located in Central Florida, dedicated to delivering high-quality, patient-centered care for individuals managing complex and chronic conditions. Through personalized support, clinical expertise, and a high-touch approach, Accord helps patients navigate every step of their treatment journey. Learn more at www.accordspecialty.com.

CONTACT: contact@accordspecialty.com

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SOURCE Accord Specialty

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HAIVISION ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL MEETING OF SHAREHOLDERS

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MONTRÉAL, April 23, 2026 /CNW/ – Haivision Systems Inc. (“Haivision” or the “Company”) (TSX: HAI) is pleased to announce the voting results from its annual meeting of shareholders held today in a virtual format.

A total of approximately 45.97 % of the issued and outstanding common shares of Haivision were represented at the meeting.

Election of Directors

Each of the six nominated directors of Haivision was elected as director of the Company with the following results:

Director

Votes
For

% Votes
For

Votes
Against

% Votes
Against

Miroslav Wicha

11,110,245

99.26 %

82,583

0.74 %

Harvey Bienenstock

11,155,137

99.66 %

37,691

0.34 %

Robin M. Rush

11,121,855

99.37 %

70,973

0.63 %

Neil Hindle

10,794,005

96.44 %

398,823

3.56 %

Julie Tremblay

10,941,969

97.76 %

250,859

2.24 %

Lee K. Levy II

9,084,418

81.16 %

2,108,410

18.84 %

2.   Appointment of Auditors

Deloitte LLP were reappointed auditors of the Company for the ensuing year with 12,492,582 (98.84%) votes cast in favour and 146,406 (1.16%) votes withheld.

3.   Approval of the Unallocated Awards under the Company’s Equity Incentive Plan

The Company’s unallocated awards were approved with 8,710,347 (77.82%) votes cast in favour and 2,482,481 (22.18%) votes cast against.

4.   Reapproval of Company’s Shareholder Rights Plan

The Company’s shareholder rights plan was approved with 10,572,490 (94.46%) votes cast in favour and 620,338 (5.54%) votes cast against.

Final voting results on all matters voted on at the meeting will be filed under Haivision’s profile on SEDAR+ at www.sedarplus.ca.

About Haivision

Haivision is a leading global provider of mission-critical, real-time video streaming and visual collaboration solutions. Our connected cloud and intelligent edge technologies enable organizations globally to engage audiences, enhance collaboration, and support decision making. We provide high quality, low latency, secure, and reliable live video at a global scale. Haivision open sourced its award-winning SRT low latency video streaming protocol and founded the SRT Alliance to support its adoption. Awarded four Emmys® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision continues to fuel the future of IP video transformation. Founded in 2004, Haivision is headquartered in Montreal and Chicago with offices, sales, and support located throughout the Americas, Europe, and Asia. Learn more at haivision.com.

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SOURCE Haivision Systems Inc.

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Noritz upgrades EZ Pro Series of tankless water heaters with larger, multi-function panel display for faster installation and servicing

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Improved, fully integrated diagnostic interface eliminates the need for a separate remote controller, providing key system status data and enhanced digital controls to ease startup, operation, and maintenance for pro installers and service techs.

FOUNTAIN VALLEY, Calif., April 23, 2026 /PRNewswire/ — Noritz America, an international leader in tankless and electric heat pump water heaters and high-efficiency combination boilers, has further enhanced its EZ Series Pro line of residential condensing tankless water heaters by expanding both the size and the functionality of the units’ built-in control panel, whose user-friendly digital interface is mounted prominently on the front exterior.

Providing upgraded monitoring and diagnostic capabilities, the multi-function panel display allows professional installers to view system status, temperature settings, service reminders, maintenance data, error codes, error history, and (if applicable) recirculation timing settings. All of this vital information is built in and readily accessible on the water heater. Besides eliminating the need for a separate, external remote controller, the panel enables guided setup during installation and faster, more effective troubleshooting.

In addition, installers and users can monitor and program the unit remotely via Bluetooth® connectivity that works alongside the panel, using the EZ Start Plus app on their smartphones. A separate external remote is optional.

“The intent of our upgrade efforts was to create a more satisfying user experience for both the professional and the consumer,” says Noritz Executive Vice President and General Manager Jason Fleming. “We focused on simplified installation, advanced diagnostics, and giving professionals and their customers easier, more responsive control of the water heater.”

Essential Features of the Multi-Function Panel

Below are the main features and capabilities of the upgraded, built-in, multi-function panel and related control system:

Digital temperature control: Professional installers and service technicians will find it easier to use the enlarged panel to set the output water temperature to 100° – 140° Fahrenheit. Temperature settings are available in increments as small as 5°F.

Key benefits: More precise temperature control for professionals and, as a result, safer, more consistent hot-water delivery for end users.

Integrated Bluetooth connectivity; no more dip switches: The EZ Start Plus app enables installers and service techs to perform system setup, adjust the temperature, run diagnostics and share this information electronically with Noritz Technical Support. Installers can even register the water heater to qualify for the accompanying warranty.

Key benefits: Simplified startups mean faster installs, minimizing the manual programming that installers previously had to perform. Smartphone-based control and troubleshooting eliminate the need for old-style manual adjustment of physical dip switches.

Improved service access: Even the physical design of the EZ Series Pro has been reengineered to work more effectively with the newly enhanced multi-function panel.

Key benefits: The latched, snap-lock front cover enables quicker access to components for easier maintenance and servicing.

Industry-Best Warranty

The upgraded EZ Series Pro continues to include three models, all with a Uniform Energy Factor of 0.98, the highest efficiency rating in the tankless water heater industry:

EZ71: input range — 12,800 to 160,000 BTU/hour; flow rate — 0.4 to 9.0 gallons per minute; turndown ratio — 12.5:1EZ98: 12,800 to 180,000 BTUh; 0.4 to 9.8 gpm; 14:1;EZ111: 12,800 to 199,900 BTUh; 0.4 to 11.1 gpm; 16:1.

All three units carry a 25-year limited warranty on their stainless steel heat exchangers, the longest such protection in the industry. Further protection includes a five-year limited parts warranty and one year for reasonable labor.

The water heaters use natural gas but are field-convertible to LP with a parts kit included with every unit. Two water heaters can be linked using Noritz’s optional Quick Connect linkage to double the hot-water flow rate.

Designed for wall-mounting indoors, the EZ Series Pro heaters can be direct-vented with two-, three-, or four-inch Schedule 40 or Schedule 80 PVC or CPVC, or two-inch or three-inch polypropylene venting. They can also be installed outdoors in milder year-round climates using an optional vent cap.

All EZ Series Pro models have received approvals from CSA, NSF5, NSF372, and are Low NOx approved by the South Coast Air Quality Management District (Rule 1146.2).

For more information on the newly upgraded Noritz EZ Series Pro, visit: https://ezseries.noritz.com/

A short product video is available at: https://youtu.be/m5iDn7sOGMc

For more information on the full line of Noritz tankless water heating products, visit www.noritz.com. You can also contact us by telephone at 866.766.7489 or by email at support@noritz.com.

For editorial assistance, contact John O’Reilly or Emma Wurzer at GreenHouse Digital PR, 15255 South 94th Avenue, Suite 500 | Orland Park, IL 60462; tel.: 708.428.6385; e-mail: john@greenhousedigitalpr.com | emma@greenhousedigitalpr.com.

Hi-res versions of photographs to accompany this press release are available for immediate download by using this link: https://noritz.greenhousedigitalpr.com/ez-series-pro-upgrades.

NORITZ AMERICA CORPORATION, a subsidiary of Noritz Japan, has corporate offices in Fountain Valley, Calif., and Atlanta, offering a full line of tankless water heaters and high-efficiency combination boilers to meet the hot water demands of residential and commercial applications. Noritz supports its products with a national network of skilled representatives and employees committed to providing our communities with the finest products and services by helping consumers live a more comfortable, efficient, and healthy lifestyle. For more information on Noritz America and the entire line of Noritz’s ENERGY STAR® tankless water heaters, please call (877) 986-6748 or visit our website at www.noritz.com.

CONTACT:
Andrew Tran
Noritz America
(714) 433-7813
atran@noritz.com

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SOURCE Noritz

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