Hollywood content signals have not yet been spent –

Don’t bother the Netflix block. The cost of streaming Hollywood movies and TV content shows no signs of slowing down.

These are the words of the Toronto studio cameramen who, led by the city’s mayor John Thor, recently visited Los Angeles on a trade mission to stop major studios and streamers from filming exclusive originals on Canadian stages.

“They are not talking about reduction. “They talk about how prosperous they are and how they want to get to Toronto,” Tori said. Hollywood reporter. He added that Hollywood media actors welcome the opening of more studio spaces in Canadian cities and want to profit even more from training local staff, especially for high diversity and participation.

Tori added that Netflix executives, in a discussion with the streaming giant, did not indicate they were tightening their belts, especially after opening a Canadian office in Toronto and taking a long-term contract at a local studio to produce.

Likewise, other mission participants see Los Angeles players like Disney, Warner Bros., Amazon, Paramount, Apple and AMC Networks continue to chase Toronto footage amid Hollywood’s streaming wars to meet the growing demand for original content by part of the customers.

David Hardy, a Toronto-based studio operator and production equipment rental giant, William F. White International, an expert in government and industrial relations, said several noises were heard about the tight budget for higher-budget television shoots. .

“The paradox is that the kind of production, 12 to 15 days of footage in an hour for television, continues, so the scale and scale of the production is high,” Hardy said. THR From the Warner Bros. lot, when Canuck’s mission met with local production executives.

Hardy predicted that product spending for studios and streamers will likely increase, as it has in recent years, to meet a seemingly insatiable consumer demand for exclusive content.

Other Canadian executives at Hollywood Trade Mission agree that current content production budgets will remain intact, even as studio executives speak out on recent calls from revenue analysts to not spend them on misleading subscribers and win streaming wars.

Ashley Rice, who was recently named president and co-founder of Cinespace Studios and has a campus of studios in Chicago and Toronto, argues that the broadcast landscape has changed until the point in which Netflix and other early and established players have no direct access to the clients. . Yourself.

“It became more competitive. is plural [streaming] Options. So now they need to rethink their business to be as competitive as they need to be in an ever-changing market,” Rice said in Los Angeles.

He added that Toronto has stability because it can offer Hollywood players premium soundstages, growing talent and production crews, tax breaks and other incentives.

“The scale and scale of television and film is only growing because of the competitive landscape. “So they have to go to a jurisdiction that has ancillary systems to focus on film and art,” Rice said of Toronto.

“It is a place of trust and also favorable to the industry at a time when the world is in crisis and talent is interested and it is convenient to settle in Toronto,” he added.