Page 169 - Fortune-November 01, 2018

PA G E
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BANKSY isn’t the representatives
ART LIFE first artist to reauthenticated the
destroy his own 2006 stencil and
BANKSY work, but he’s the said it is now called
SHREDS first to do so after Love Is in the Bin
an auction sale in
(2018), indicating
PAINTING, excess of $1 million. that the shredder
CREATESNEW Sotheby’s auction created a new work.
It’s also an ac-
of Girl with Balloon
MASTERPIECE went viral when a knowledgment that
device built into its the painting was
frame shredded hardly “destroyed.”
the canvas after Experts say the
the hammer went stunt doubled
down. Banksy’s its value.

prestige Emmy
winner. The deal also
shores up its defense
against Amazon’s
upcoming Lord of the
Rings series, slated
to begin produc-
tion in 2020. But
Netflix’s rivals won’t
go down without a
fight. AT&T’s newly
rebranded Warner-
Media recently
Netflix’s announced plans to
Narnia will go
toe-to-toe with launch a streaming
HBO’sGame of service combining its
BANKSY: R AY TA NG —LNP/RE X/SHUT TERS TOCK; WA LT DISNE Y PIC T URES/PHO TOFEST
Thrones and film and television
Amazon’sLord properties—which
of the Rings
series. include HBO—by
late next year.
Amazon is said to
Netflix Looks in the streaming giant’s be investing close to
plans to develop a TV
$1 billion in its J.R.R.
Wardrobe to series and set of Tolkien universe.
movies. It’s the first
Of course, Prince
Find a Fantasy Hit time the entire Caspian, Aslan, & Co.
aren’t exactly scrubs
Narnia catalog,
which includes The either. Narnia’s three
Tales of myth make the big bucks. By Aric Jenkins
Lion, the Witch, and film adaptations,
MOVE OVER, Game of Thrones, there’s the Wardrobe, has distributed by Disney
STREAMING
a new fantasy series in town— been held by a sole and 20th Century
though the latest adaptation isn’t exactly new but company. Fox, have grossed
rather a beloved classic. Netflix in October signed a Netflix now has an more than $1.5 bil-
multiyear deal acquiring the rights to C.S. Lewis’s iconic fantasy fran- lion worldwide to
Chronicles of Narnia book series, a step in the chise to match HBO’s date.

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