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Between May 2022 and May 2021, there has been a 15.8% decrease in the material hitting the market. This gap has only continued to grow in past years. Dating at its peak, 2019 saw 33 specs out in a single month. Comparing that to now, that is nearly a 51.5% drop-off. While materials have decreased, the success rates have seen a bit more of a u-shape in the last few years.
Between April 1st and April 30th, we tracked only 13 specs hitting the market. That is nearly a 31% decrease in specs out in comparison to March 2022. Though not the lowest volume out this year, it is certainly the lowest April in recent years (more on that soon). Of these 13 specs, 6 have some type of attachment, with one from January selling as well. That brings our total up to 7 successes of some type.
March is usually the month we see the market start to defrost and kick into high gear. Instead, the month stayed on course and went out with the exact same about as February. Between March 1st and March 31st 2022, we tracked a total of 19 feature specs hitting the market. Of these specs, 5 have some type of attachment. So, we’re seeing an even split between February and March, but with the market primed, it plays like a smaller month than anticipated.
The Executive Assistant will be responsible for a high volume of tasks including complex calendar management, detailed global travel itineraries and will also be working closely with the studio’s development, casting, and production teams.