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Persona Netflix Adaptation Reportedly In The Works

Persona Netflix Adaptation Reportedly In The Works https://ift.tt/yCoXR1K Atlus's globally beloved Persona series is no stranger to mixed media: numerous games in the series have been adapted into anime, manga, novels and more. But, if a recent report is correct, the Persona franchise may find itself expanding to many more screens across the globe. Variety reports that, according to various sources, Netflix has inked a deal to adapt Persona into some form to be broadcast on its streaming platform. Christopher Monfette will serve as writer, producer, and showrunner, while Shawn Levy and Robert Atwood will be executive producers through their company 21 Laps Inc . Story Kitchen , a production company famous for helping to adapt video game IPs to other media forms, will also be involved--as will its executives Dmitri M. Johnson, Michael Lawrence Goldberg, and Timothy I. Stevenson. Toru Nakahara from Sega will also serve in a production role. As the deal has not been publicly...
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Disney May Remove More Movies And Shows From Disney Plus Or Hulu Soon

Disney May Remove More Movies And Shows From Disney Plus Or Hulu Soon https://ift.tt/F8ONeqT

Even just a few years ago, many of us naively believed that streaming services would act as constantly-growing libraries of content that we could return to whenever to watch shows at will. Then, last year, Warner Bros. Discovery fired the first big shot in The Great Write-Down. Disney followed suit last month and now says there's more to come, Variety reports.

Following the removal of shows and movies like Willow, Y: The Last Man, Dollface, and the Mysterious Benedict Society, Disney is expected to incur a content impairment charge of $1.5 billion, meaning that the company can remove that much from its tax sheet. That's an impossible number to ignore--that's savings equivalent to a handful of Marvel movies. As a result, Disney is reportedly continuing to review content on both Disney+ and Hulu, and "currently anticipates additional produced content will be removed from its DTC and other platforms, largely during the remainder of its third fiscal quarter." That will likely equate to about $400 million more in impairment charges related to produced content (primarily meaning scripted television and film).

Since the early days of Netflix creating streaming content for its platform, streaming services have been growing and growing their libraries. So many people have joined streaming services, though, that growth is slowing significantly; there just aren't as many new customers as there used to be. It's about retaining existing users and bringing back others that have switched to other services.

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