The Canadian film industry is on an upward trajectory mirroring the global trend. The country was a top filming spot for some of the biggest films in history from Titanic, Twilight, Catch Me If You Can, Mean Girls, to Good Will Hunting, among others. Film and television production volume enjoyed a 5.9% increase from 2017 to 2018. BC was the leading region in the production volumes followed by Ontario. Total revenues in 2019 stood at $2 billion.
One of the main reasons for this impressive growth is the use of cutting-edge technology and innovative ideas. Such technologies have made it easier to produce incredible movies, boost accessibility to the latest blockbusters, amazing visual effects and much more.
Whether you are an investor in the film industry or a fan of movies, it is good to learn the latest trends shaping the industry. This guide explores the trends that will influence the industry in 2020 and beyond.
- Online Streaming
From Netflix, Disney+, CraveTV, Hulu to Amazon Home, it is now easier for movie lovers to access the latest productions online. It also includes the latest TV series, documentaries and other productions. This is a trend that now dominates the global film industry.
Streaming services such as Netflix have started funding production which promotes the development of the industry. This gives fans more variety of TV action and movies. For instance, players at Wildz Casino will enjoy Netflix casino movies such as Casino, Rounders, Runner Runner and Ocean 13, among others. These have incredible tips that can boost your game.
- Practical Effects
Practical effects have made a comeback even though the industry experts expected computer-generated imagery (CGI) to dominate for the coming years. CGI first made an appearance in 1973’s Westworld. Today, blockbusters such as Star Wars: The Force Awakens and Mad Max: Fury Road now use practical effects and viewers love it. Filmmakers in Canada have started using this technology to up the game.
- Social Commentary in Film
While most films focus on entertainment, there’s a shift towards social commentary in the industry. This started taking shape in Hollywood with films such as Moonlight, Get Out, Loving and TV series such as 13thon Netflix. At The Toronto Film Festival, the best films like White Lie and Murmur focused on social issues. This is a trend that will continue in the film industry within the country.
- Crowdfunding in film
Crowdfunding is one of the most popular funding concepts over the last decade. It has now spread to the film industry with young producers now financing their concepts with funds from crowdfunding campaigns. A recent report says 600 Canadian film and video productions currently rely on crowdfunding.
- Diversity in Movies
Diversity has become a sensitive issue across the entertainment industry. In movies, there are urgent demands to make film production more inclusive. The success of Black Panther and Crazy Rich Asians at the box office was a pointer of what viewers wanted and it also had an impact in the country. A conversation has started and it is obvious film producers in the country will go to great lengths to encompass diversity in their productions.
Final Thoughts
Love movies? Maybe you have a script which you would one day like to produce? Whatever your interest in film, it’s advisable to learn about trends in the industry. You can choose the best films and TV series to watch and if you wish to produce your own, it’s good to understand these trends too.