Trump Film ‘The Apprentice’ Finds Distributor and Will Open before the Election

 Republican presidential nominee former President Donald Trump gestures after speaking at a campaign event, Friday, Aug. 30, 2024, in Johnstown, Pa. (AP)
Republican presidential nominee former President Donald Trump gestures after speaking at a campaign event, Friday, Aug. 30, 2024, in Johnstown, Pa. (AP)
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Trump Film ‘The Apprentice’ Finds Distributor and Will Open before the Election

 Republican presidential nominee former President Donald Trump gestures after speaking at a campaign event, Friday, Aug. 30, 2024, in Johnstown, Pa. (AP)
Republican presidential nominee former President Donald Trump gestures after speaking at a campaign event, Friday, Aug. 30, 2024, in Johnstown, Pa. (AP)

After struggling to drum up interest following its Cannes Film Festival premiere, “The Apprentice,” starring Sebastian Stan as a young Donald Trump, has found a distributor that plans to release the film shortly before the election in November.

Briarcliff Entertainment will release “The Apprentice” on Oct. 11 in US and Canadian theaters, just weeks before Americans cast their ballots on Nov. 5.

Director Ali Abbasi, the Danish Iranian filmmaker, had prioritized getting “The Apprentice” into theaters before voters head to the polls. After larger studios and film distributors opted not to bid on the film, Abbasi complained in early June on X that “for some reason certain power people in your country don’t want you to see it!!!”

Steven Cheung, communications director for the Trump campaign, in a statement Friday called the film’s release “election interference by Hollywood elites right before November.”

“This ‘film’ is pure malicious defamation, should never see the light of day, and doesn’t even deserve a place in the straight-to-DVD section of a bargain bin at a soon-to-be-closed discount movie store, it belongs in a dumpster fire,” Cheung said.

Part of what dampened interest in “The Apprentice” was the potential threat of legal action. After its Cannes premiere in May, Cheung called the movie “pure fiction” and said the Trump team would file a lawsuit “to address the blatantly false assertions from these pretend filmmakers.”

“The Apprentice” chronicles Trump’s rise to power in New York real estate under the tutelage of defense attorney Roy Cohn (played by Jeremy Strong).

Abbasi has argued Trump might not dislike the movie.

“I would offer to go and meet him wherever he wants and talk about the context of the movie, have a screening and have a chat afterwards, if that’s interesting to anyone at the Trump campaign,” Abbasi said in May.

Briarcliff Entertainment has released films including the 2022 documentary “Gabby Giffords Won’t Back Down” and the Liam Neeson thriller “Memory.” The indie distributor is run by Tom Ortenberg, who at Lionsgate helped released Michael Moore’s “Fahrenheit 9/11” and as chief executive of Open Road backed the best picture Oscar winner “Spotlight.”



Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
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Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo

Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for signs its nascent ad revenue business is accelerating.
The streaming giant likely added 4 million subscribers in the July-September period, according to analysts' estimates compiled by LSEG. Netflix originals such as "The Accident" and "The Perfect Couple" were among the top streamed titles in the US during the quarter, Nielsen data showed, according to Reuters.
As the pace of sign-ups slows, Netflix is trying to shift investor attention towards other performance measures including revenue growth and margins. It will stop reporting subscriber data from 2025.
"Their focus is to continue to grow subscribers at a healthy clip while also leveraging their scale, ability to raise prices and increase advertising dollars," said Pivotal Research analyst Jeff Wlodarczak.
The company's ad-supported plan has been growing but Netflix does not offer details on the tier's financial performance and does not expect it to become a primary driver of growth until 2026.
This has raised some concerns about its growth trajectory.
"They're making less than a billion dollars a year in the US on advertising, saying that doesn't make them look good," eMarketer television and streaming analyst Ross Benes said.
Some analysts have said the company needs to raise prices and phase out more of its ad free plans to nudge customers towards the tier with commercials as it usually brings in more revenue per user.
The company said in July last year it would stop offering the $9.99 a month basic plan without commercials to new users in the US and the UK, and phase it out for existing subscribers.
Netflix charges $6.99 per month in the US for the ad tier, while its standard plan without commercials is priced at $15.49 a month.
It has not raised the price of its standard plan since early 2022, while its ad-supported tier has been priced the same since its launch in late 2022.
The company, which operates in more than 190 countries, is expected to report ad revenue of $242.7 million in the third quarter, according to the average of estimates from three analysts compiled by LSEG. Overall revenue is expected to grow 14.3%, a slightly slower pace than the previous three months, to $9.76 billion.
To attract more advertisers, the streamer is focusing on live events including sports. Netflix will air the highly anticipated Jake Paul vs. Mike Tyson boxing fight in November, followed by its first NFL games in December.
The second season of hit South Korean drama series "Squid Game,” expected to release in December, could help the company draw subscribers in the last quarter of the year.
Netflix stock has risen 12.4% since it reported second-quarter results in July, compared with a 5% rise in the S&P 500 index.