This year’s Sundance Film Festival came to a close last weekend awarding top prizes to a wide range of movies. Independent film industry veteran Michael Tuckman sizes up this year’s festival and highlights some of its most noteworthy movies. Tuckman explains how video-on-demand has become a big part of the distribution strategy for such films, providing them with a wider audience than traditional art houses.
IFPI also showed up with some good news last week reporting that global digital music sales were up eight percent in 2011. Subscription services such as Pandora and Spotify are helping increase revenue, though they are also eating into the advertising dollars usually reserved for local radio stations.
Meanwhile, Broadway is gearing up for its spring season with a glut of hot new productions, making it difficult to pick a front-runner for Best Musical (the most valuable – if not the only valuable – Tony Award). Best Play is also up for grabs and none of the newcomers are slam dunks.
We also cover the week’s top entertainment news stories including, Simon Cowell retooling the “X-Factor” with new hosts and judges, an upbeat earnings report from Netflix and how Ticketmaster bungled the sale of tickets to Bruce Springsteen’s latest tour… again.
The Deals of Sundance Film Festival 2012: Who Got What
Sundance Film Festival Award Winners
SAG, DGA Results Split Between ‘Artist’ And ‘The Help’ Adding Intrigue To Oscar Race
Global Digital Music Sales Up 8% In 2011 To $5.2 Billion
Spotify Hits 3 Million Paid Subscribers, 20% Conversion Rate
Streaming Music Has A Problem—It’s a Huge Success
‘Book of Mormon’ Principal Cast Extends Contract Through February 2013
Bruce Springsteen Fans Deal With Ticketmaster Glitches
Definitely Not Dynamic: Ticketmaster ‘Assaulted’ By Scalpers On Springsteen Sale
Sequel To Oscar Nominated Animated Hit Rio In The Works
Jay Leno Angers Members Of Sikh Community With Mitt Romney Joke
Spotify Is Looking For More Financing
Netflix Growing Again, Barely Beating Fourth Quarter Expectations
Netflix: No Plans For Games, But 3-D Streaming Possible
Netflix Deal With Warner Bros. Includes Delay In Queues
YouTube Hits 4 Billion Daily Video Views
X-Factor For DJs: Simon Cowell’s New Global TV Show Revealed
Host And Judges Won’t Return To ‘The X Factor’
Paula Abdul Won’t Return To ‘The X Factor’ In Big Season 2 Shakeup By Simon Cowell
Adele’s ‘Fire’ Burns Path To Hot 100 Summit
HMH In Deal With Amazon For Adult Titles
The Sky Is Rising: The Entertainment Industry Is Large & Growing… Not Shrinking
The Disquieting Dotcom Case
Megaupload Data Could Be Deleted This Week
State Of The Movie Industry Infographic