Technology

Movie Production Market to Grow by USD 90.4 Billion (2025-2029) with Growing Popularity of Global Box Office Boosting the Market, Report with Market Evolution Powered by AI – Technavio

Published

1 year ago

February 5, 2025

NEW YORK, Feb. 5, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global movie production market size is estimated to grow by USD 90.4 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 14.6% 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, Annapurna Productions LLC, Anonymous Content, Dharma Productions Pvt. Ltd., Eros International Media Ltd., Legend Pictures LLC, Lions Gate Entertainment Corp., MGM Studios, Paramount Global, RatPac Entertainment LLC, Red Chillies Entertainments Pvt. Ltd., Sony Pictures Entertainment Inc., Storyteller Distribution Co. LLC, Technicolor SA, The Walt Disney Co., UltraV Holdings LLC, Universal Pictures, Village Roadshow Ltd., Warner Bros. Entertainment Inc., and Yash Raj Films Pvt. Ltd..

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Movie Production Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 14.6%

Market growth 2025-2029

USD 90.4 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

11.6

Regional analysis

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

Performing market contribution

North America at 39%

Key countries

US, China, UK, Canada, Germany, India, France, Japan, South Korea, and Italy

Key companies profiled

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

Market Driver

Movie production market is thriving with new trends shaping the industry. Theaters continue to be a key revenue source, but digital platforms are gaining popularity. 3D films and virtual reality (VR) are on the rise, with streaming services like IPTV, Digital newspapers, DTH, and Digital cable leading the charge. Millennials prefer watching movies and TV shows on the Internet, driving growth in the online streaming market. Hollywood, local production houses, and film studios are adapting to this shift, producing content for screens of all sizes. Streaming services and social media platforms are disrupting traditional film distribution, with studios and broadcasters collaborating with OTT platforms. Chinese, Japanese, Indian, Philippine, Vietnamese, Australian, and general entertainment movies & music are increasingly available online. Creative writing, music, and TV shows are in demand, with production companies and distribution companies playing crucial roles. Smart devices like tablets, laptops, and mobile phones make on-the-go viewing a reality. Hit shows like Squid Games prove the power of digital content. The future of movie production is exciting, with innovation at every turn.

The global movie production market is experiencing significant growth due to the expansion of digital movie screens globally. This trend is driven by the availability of a diverse range of films from various regions, languages, and genres, as well as rising disposable incomes. In particular, emerging markets are showing strong growth. With consumers seeking superior entertainment experiences, investments in new digital movie theaters are increasing. The primary format for films is now Digital Cinema Packages (DCPs), which have replaced traditional 35-mm film prints. A DCP is a collection of digital files used for movie projection in theaters. This shift to digital technology is a key factor fueling market growth.

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Market Challenges

• Movie production market faces various challenges in today’s dynamic media landscape. Traditional theaters compete with live streaming services like IPTV, Digital cable, DTH, and streaming platforms. Millennials prefer watching movies and TV shows on their smart devices, including tablets, laptops, and mobile phones. 3D films and virtual reality (VR) are disrupting the industry, while online streaming market for movies, music, and videos continues to grow. Film distributors, Hollywood studios, and local production houses face competition from streaming services and social media platforms. Box office collections depend on cinema chains and OTT platforms. China, Japan, India, Philippines, Vietnam, Australia, and other countries contribute unique movies and music to the market. Production companies, distribution companies, film studios, broadcasters, and cinema chains collaborate to meet consumer demands. Creative writing, music, and TV shows are essential components of this evolving industry.

• Film piracy is an unauthorized activity that negatively impacts the movie production market. With the rise of online movie ticket booking services, the convenience they offer has made them a popular platform for accessing and downloading pirated content. This illegal activity harms the profitability of the movie industry as it provides a free alternative to paying for legitimate movie watching channels. In the global movie production market, film piracy can significantly reduce revenue for movie producers and distributors, potentially impacting future investments in film production.

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Segment Overview

This movie production market report extensively covers market segmentation by

LanguageEnglishFrenchSpanishMandarinOthersGenreDramaActionComedyOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth AmericaProductMoviesMusicVideos

1.1 English- The English movie production market is dominated by key vendors such as Warner Bros and Walt Disney, known for their extensive film libraries. Walt Disney Studios, in particular, boasts a collection of over 5,500 live-action and animated movies, spanning a century of production history. In 2023, the Studios Division of Walt Disney introduced about fifty films and thirty television shows for their direct-to-consumer (DTC) platform, in addition to the Fox brands’ offerings. These channels broadcast thematically branded English content, including genres like comedy, crime, and more, across the globe. Advancements in technology continue to shape the English movie production landscape. For instance, 360-degree videos, which record all angles of a movie set, have emerged as a trend. These videos, along with virtual reality (VR), are the latest advances in digital content after 3D, 4D, and 5D technologies. VR is particularly noteworthy, as it is being extensively used in English movies to create experiences for audiences. These technological innovations are expected to drive the growth of the English movie production market during the forecast period.

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Research Analysis

The Movie Production Market is a dynamic and ever-evolving industry that encompasses various modes of watching, from traditional cinemas to emerging technologies like Virtual Reality (VR) and Online Streaming. The market includes 3D films, IPTV, Digital newspapers, DTH, and Digital cable, providing diverse options for audiences worldwide. The market is rich with content from various genres, including General Entertainment Movies, Chinese Movies & Music, Japanese Movies & Music, Indian Movies & Music, Philippine Movies & Music, Vietnam Movies & Music, Australian Movies & Music, and more. Production houses are the backbone of this industry, employing creative writing, music, and TV shows to bring stories to life. The recent phenomenon of shows like “Squid Games” has further fueled the growth of the market, making it an exciting space to watch.

Market Research Overview

The Movie Production Market is a dynamic and ever-evolving industry that encompasses various forms of media and technology. Movies, once a staple of traditional theaters, now find a home on various platforms, including IPTV, Digital newspapers, DTH, and Digital cable. Streaming platforms like Netflix, Amazon Prime, and Disney+ have revolutionized the way we consume content, with Millennials leading the shift towards online streaming. 3D films and Virtual Reality (VR) are pushing the boundaries of cinematic experience, while Television and Music & videos continue to dominate the residential and commercial sectors. Film distributors play a crucial role in bringing these productions to various screens, from Hollywood blockbusters to local productions from China, Japan, India, the Philippines, Vietnam, Australia, and beyond. Production companies, studios, and broadcasters collaborate to create engaging content, while cinemas and OTT platforms adapt to the changing landscape. Social media platforms have become essential marketing tools, with shows like “Squid Games” breaking records and sparking global conversations. Smart devices, from tablets to laptops and mobile phones, make it easier than ever to access this content, making the Movie Production Market an exciting and innovative space to watch.

Table of Contents:

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

LanguageEnglishFrenchSpanishMandarinOthersGenreDramaActionComedyOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth AmericaProductMoviesMusicVideos

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

Technology

Greenzie releases 2025 Annual Safety Report, documenting multi-year safety performance at commercial scale

Published

3 hours ago

April 23, 2026

The data shows zero lost-time injuries, zero OSHA medical attentions and zero human near-misses across real-world operation

ATLANTA, April 23, 2026 /PRNewswire/ — Greenzie, the technology platform powering commercial autonomy across multiple OEMs, today shared multi-year safety data from real-world commercial operation, documenting more than 150,000 autonomous miles with zero lost-time injuries, zero OSHA medical attentions and zero human near-misses. The data is published in Greenzie’s 2025 Annual Safety Report, available at greenzie.com/safety.

The report is based on extensive operational data spanning more than 5.4 billion square feet of turf mowed, 68,000+ hours of autonomous mowing and more than 50,000 operator days, the equivalent of 265 mowing seasons.

“Greenzie is helping define safety in autonomous landscape operations, and transparency is a critical part of that,” said Steve Bush, chief operating officer of Greenzie. “These results show that commercial autonomy is operating safely at meaningful scale in the field. Transparency matters because as this category matures, real-world data helps build confidence in what responsible deployment looks like.”

The report’s findings are particularly significant in the context of the U.S. landscaping industry, which employs roughly 1.3 million workers and experiences a higher-than-average rate of workplace accidents compared to other fields. Greenzie’s multi-year operating data shows that autonomy is not theoretical; it is already being deployed consistently and performing safely at scale.

“Greenzie Powered Autonomy™ has been validated through years of sustained use in the field,” Bush said. “That level of real-world performance reinforces both the reliability of our platform and the broader readiness of commercial autonomy.”

Greenzie attributes this performance to a disciplined safety approach that includes robust perception, tested operating standards and continuous validation in real-world commercial environments.

For more information about Greenzie, visit greenzie.com.

About Greenzie

Founded in 2018, Greenzie is the technology platform powering commercial autonomy. Created to solve the landscape industry’s labor and productivity challenges, Greenzie works with leading equipment manufacturers to deliver the software, navigation and safety systems that enable mowing and other outdoor power equipment to operate autonomously in real-world commercial environments. Today, Greenzie’s platform is running on hundreds of machines in active use, helping manufacturers bring autonomy to market and allowing operators to get more done with limited labor—moving autonomy from early experimentation to everyday operations. For more information, visit greenzie.com.

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SOURCE Greenzie

Technology

CGI renews global SAP S/4HANA operations and SAP BTP operations certifications, reinforcing its consistent, quality delivery at scale

Published

3 hours ago

April 23, 2026

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom

MONTRÉAL, April 23, 2026 /CNW/ – CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, announced that it has achieved the following recertifications for its global operation capabilities:

SAP S/4HANA operations and works with RISE with SAP SAP BTP operations and works with RISE with SAP

These recertifications highlight CGI’s ability to deliver consistent, high-quality managed SAP services and operations across regions, including services aligned with RISE with SAP. CGI’s SAP-based services help clients reduce operational risk, improve performance and efficiency and scale transformation with greater predictability. This also builds on CGI’s SAP alliance relationship momentum, including its recent AWS SAP Competency Partner status which highlights CGI’s expertise in modernizing mission-critical SAP workloads with AI-enabled cloud solutions.

“Running SAP at enterprise scale requires a partner with proven capabilities, delivery discipline and the ability to innovate securely, including through the integration of AI to deliver tangible outcomes,” said Didier Thérond, President, CGI France operations, and Global Executive Sponsor for CGI’s partnership with SAP. “These global recertifications reinforce CGI’s end-to-end SAP capabilities, including AI-enabled services, helping clients operate mission-critical systems with confidence and advance their modernization and cloud strategies.”

“CGI remains a trusted partner in our SAP Operations Partner program, consistently demonstrating a structured and disciplined approach to certification,” said Rudolf Scheipers, VP, Head of SAP Operations Partner Certification, SAP Partner Innovation Lifecycle Services. “These recertifications highlight the company’s mature operating model and commitment to the high standards we expect globally, ensuring clients running SAP environments can rely on consistent, secure, and efficient operations.”

CGI’s global alliance strategy features partnerships with more than 150 technology companies and supports its local relationship model complemented by a global delivery network. Through its SAP alliance, CGI helps organizations accelerate innovation, deploy and manage SAP solutions globally, and deliver industry-specific business outcomes with rapid, scalable, and AI-enabled cloud and ERP services.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

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SOURCE CGI Inc.

Technology

Scholastic Corporation Announces Final Results of Modified Dutch Auction Tender Offer

Published

3 hours ago

April 23, 2026

NEW YORK, April 23, 2026 /PRNewswire/ — Scholastic Corporation (the “Company” or “Scholastic”) (Nasdaq: SCHL), the global children’s publishing, education and media company, today announced the final results of its “modified Dutch Auction” tender offer for shares of its common stock, which expired at 5:00 p.m., New York City time, on April 20, 2026.

Based on the final count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 2,834,018 shares of Scholastic’s common stock, par value $0.01 per share (each share of Scholastic’s common stock, a “Share,” and collectively, “Shares”), were properly tendered and not properly withdrawn at or below the purchase price of $40.00 per Share, including 989,343 Shares that were tendered by notice of guaranteed delivery.

Scholastic has accepted for purchase a total of 2,834,018 Shares through the tender offer at a price of $40.00 per Share, for an aggregate cost of $113,360,720.00, excluding fees and expenses relating to the tender offer. The total of 2,834,018 Shares that Scholastic has accepted for purchase represents approximately 13.7% of the total number of Shares outstanding as of April 19, 2026.

J.P. Morgan Securities LLC served as the dealer manager for the tender offer. Georgeson LLC served as the information agent. Holders of common stock who have questions or need information about the tender offer may call Georgeson LLC at (866) 539-9980 (toll free). Banks and brokers may call Georgeson at (866) 539-9980 or J.P. Morgan Securities LLC at (877) 371-5947 (toll free).

About Scholastic

For more than 100 years, Scholastic Corporation (Nasdaq: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children’s books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children’s media. As the world’s largest publisher and distributor of children’s books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com.

Forward-Looking Statements

This news release contains certain forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties, including the conditions of the children’s book and educational materials markets generally and acceptance of the Company’s products within those markets, and other risks and factors identified from time to time in the Company’s filings with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.

SCHL: Financial

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SOURCE Scholastic Corporation