International Film Buyers Form Lokia Network to Counter Market Consolidation
What happened
International buyers from 12 territories formed a new distribution network called Lokia. The network was established in response to market consolidation and the challenge posed by the declining international pre-sales model. Lokia aims to pool market intelligence, capitalize on licensing and merchandising opportunities, and acquire content together to gain larger stakes in intellectual property.
From deadline.com
Why it matters
The formation of Lokia represents a direct response to structural changes in the film market. By coordinating acquisition and distribution, the network seeks to increase its leverage and ability to monetize content more aggressively than individual companies.
From deadline.com
Who's involved
- Global AirlinesHorizon Distribution, a Lokia partner, includes Global Airlines.
- AustriaWild Bunch Austria, a Lokia partner, is based in Austria.
- GreeceFeelgood Entertainment, a Lokia partner, is based in Greece.
- Czech RepublicDonart Film, a Lokia partner, is based in the Czech Republic.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Global AirlinesSpeculative
Global Airlines could gain larger stakes in intellectual property and financing through participation in Lokia.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.Keep exploring
The entities involved
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Czech Republic
country in Central Europe
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Austria
country in Central Europe