Showbiz Sandbox 198: One Flop Does Not A Studio Break
July 15, 2013
Though the media might like to focus on Hollywood’s failures whenever a big blockbuster tanks, the reality is most movie studios can weather a flop or two. Modern-day entertainment conglomerates include music, merchandising, consumer products and travel divisions of which the movie studio is much smaller part. Disney, for instance, made nine times as much revenue in 2012 on its television media holdings than it did with its movie studio.
Even so, without a pipeline of even modestly successful movies, an entertainment company’s entire operation can eventually suffer. That’s why even though mega-producer Jerry Bruckheimer is in a bit of a dry spell lately, (see “The Lone Ranger”) someone in Hollywood will always be willing to bet on his next project.
The past week also saw a seemingly endless supply of news stories concerning the health of celebrities. Placido Domingo was hospitalized with a pulmonary embolism, Randy Travis is in serious condition after suffering a stroke, Elton John canceled a tour after emergency surgery for appendicitis and it was all topped by the untimely death of “Glee” star Cory Monteith at age 31.
Of course we also cover the week’s top entertainment news including the Meredith Vieira’s return to television, a Twitter storm over “Sharknado” and Joan Rivers’ dispute with the Writers Guild.
Bill Cosby to Release His First Stand-Up Special in 30 Years
Jerry Bruckheimer’s Disney Future in Question As Moguls Defend His ‘Lone Ranger’
Disney Is Not a Movie Company; It’s a Television Company
Depp Finalizing Alice Sequel
‘Jungle Book’ Live-Action Reboot in the Works at Disney (Exclusive)
China Box Office Up 36 Percent to $1.79 Billion in First Half of 2013
Plácido Domingo Plans to Return to Work
Randy Travis Undergoes Surgery After A Stroke
Sir Elton John: I Nearly Died
Glee Star Cory Monteith Dies
Cory Monteith Dead: How Will ‘Glee’ Move Forward?
Meredith Vieira Launches Daytime Talk Show
William Lynch Leaves CEO Post at Barnes & Noble
Judge Rules Against Apple; They Will Appeal
Netflix In Talks for Another Season of ‘Arrested Development’
‘Ender’s Game’ Boycott Planned Over Orson Scott Card’s Anti-Gay Views
Lionsgate Calls ‘Ender’s Game’ Author’s Anti-Gay Views ‘Completely Irrelevant’
A Detective Story’s Famous Author Is Unmasked
‘Sharknado’ Creates A Social Media Storm
‘Sharknado’ Ratings: Lot of Wind, Little Bite
Rivera Memoir A Hit In Multiple Formats
Elizabeth Hasselbeck Joins FOX News
Hulu Sale Called Off
Joan Rivers Faces Writers Guild Trial In ‘Fashion Police’ Dispute
Joan Rivers Faces Potential Fine, Expulsion in WGA East Trial
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