FD News: Dastardly Disney; IDA nominees; Snapchat shakeup; Spielberg’s on a roll
Could the Oscar winner for Best Documentary be among those at the IDA Awards?
Ahead of the 33rd annual IDA Awards, the International Documentary Association has unveiled its nominations for best feature. Could the Oscar winner for Best Documentary Feature be among them? It’s highly possible.
This year’s picks for the prize include City of Ghosts (Matthew Heineman), Strong Island (Yance Ford), Dina (Dan Sickles & Antonio Santini), Faces Places (Agnès Varda & JR), and the deeply personal LA 92 (Dan Lindsay & TJ Martin).
The International Documentary Association, based in Los Angeles, was founded in 1982 to promote nonfiction filmmakers and remains dedicated to “building and serving the needs of a thriving documentary culture”.
Disney listen to their inner Jiminy Cricket, praise Pinocchio!
The mouse has been tamed! Disney has backed down and ended its ban restricting the Los Angeles Times from attending advanced press screenings following backlash and mounting support from both the public and other publications.
The controversy began due to the Los Angeles Times’ coverage of Disney’s business arrangements with the City of Anaheim. The report, according to Disney, was “unfair coverage of its business ties”.
The situation quickly escalated when The Los Angeles Film Critics Association, the New York Film Critics Circle, the Boston Society of Film Critics, and the National Society of Film Critics came together and announced that they would be boycotting all advanced screenings of Disney’s films until the ban was lifted.
Disney alleged last week that the publication “showed a complete disregard for basic journalistic standards”. But its approach to how it handled the situation has been dubbed “antithetical to the principles of a free press”.
A spokesman for the company has since stated that due to “productive discussions with the newly installed leadership at the Los Angeles Times” they have now “agreed to restore access to advance screenings”.
Snapchat stock plummets, shakeup ahead
Snapchat parent company Snap Inc. are preparing to introduce a more user-friendly design amidst declining revenue and user growth.
CEO Evan Spiegel commented that “Snapchat is difficult to understand” in its current form, with the company hopeful that the forthcoming redesign will make it “easier to use” for both new and existing users.
But that doesn’t quite fix Snapchat’s declining revenue. To solve that problem, Snapchat is planning to creative a monetization service for artists, allowing them to reach a “broader audience” and “create premium content”.
Snapchat’s revenue, in the quarter ending September 30, came in at $207.9 million, compared to $128.2 million during the same quarter last year. Hardly chump change, we’d say. But its net losses were higher than expected at $443.2 million, compared to $124.2 million a year ago. As a result, stock dramatically plummeted by more than 17% in after-hours trading.
Spielberg finishes final cut on Watergate drama The Post, moves on to Ready Player One
The film, inspired by true events, follows the cover-up that spanned four U.S. Presidents and prompted the country’s first female publisher of a major American newspaper to join an unprecedented battle against her government.
Fans of the iconic director will soon be in dreamland, as hot on the heels of The Post, they can also look forward to Spielberg’s 80s inspired Ready Player One, adapted from Ernest Cline’s 2011 sci-fi novel of the same name. The film wrapped principal photography a year ago, with Spielberg dubbing it the “most difficult movie he’s done” since Saving Private Ryan.
Spielberg seems to have lost no enthusiasm for his craft, though and we’re eager to see what stems from the imagination of this weaver of dreams next.