The province’s production boom shows no signs of slowing, even as the streamers enter a new era of cost controls: 'What’s important is our services are structured so we can adapt and be flexible.'
“Netflix, Amazon, Apple, they’re still doing their production. The filtering down of [content] cutbacks, we haven’t felt that,” Paul Bronfman, chairman and CEO of studio operator Comweb Corp., tellsamid talk of a Hollywood spending slump just as the Toronto Film Festival gets underway.
“There’s a little bit more caution in the air, with what Netflix has gone through for the streamers, a little more discretionary spending, but it’s not widespread in terms of deep cuts in production,” adds Rick Perotto, vp business development at William F. White International, a soundstage and production equipment supplier.
After Netflix recently posted its first subscriber losses and slower revenue growth, the video streaming giant said it would be “
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