Showbiz Sandbox 296: Entertainment Industry Numbers Are Often A Comedy of Errors
September 28, 2015
It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.
Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.
Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.
Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.
Viacom To Simulcast Trevor Noah Debut Across Multiple Networks (This will have already happened when we post
‘Hotel Transylvania 2’ Sets September Record With $47.5M; ‘Intern’ Solid No. 2
Adam Sandler’s Box Office Returns
‘Rogue Nation’ Breaks Hollywood 2D Box Office Record in China
France Box Office: Opera Film Beats ‘Compton’ in Opening-Week Ticket Sales
The Plot Twist: E-Book Sales Slip, and Print Is Far From Dead
Oyster Is Shutting Down Operations
What Oyster Going Down Demonstrates Is Not Mostly About the Viability of Ebook Subscriptions
Do E-Books Earn More Money at Lower Prices?
From Books to Ebooks and Back: The Future of Literary Consumption Is Unwritten
Media Often Mistakes Trade Publishing Stats for Market Stats, Foresees the Decline of eBooks
Startup Serial Box Wants To Be the ‘HBO for Readers’
“Happy Birthday” Copyright Ruled to Be Invalid
Ta-Nehisi Coates to Write Black Panther Comic for Marvel
Jersey Boys Surpasses Miss Saigon as 12th-Longest-Running Show
Sports Illustrated Launches ‘SI Films’ in Another Shot Across ESPN’s Bow
‘Goodfellas’ Producer Sues Warner Bros. Over Lack of Any Profits
Amy Schumer Book ‘The Girl With the Lower Back Tattoo’ Scores Massive Simon & Schuster Sale
‘Furious 7’ Breaks Home Entertainment Records
Harry Potter and the Cursed Child Is In Two parts
Will Steven Spielberg Drop the DreamWorks Name?
‘Scream Queens,’ ‘Limitless,’ ‘Muppets’ Soar in Delayed Viewing
‘Empire’ Premiere Grows to 22.5 Million Viewers With Time-Shifting and Early Streaming
Netflix Data Reveals Exactly When TV Shows Hook Viewers — And It’s Not the Pilot
Netflix Now Lets You Subscribe From iPhone, iPad Apps
In Quest For Global Presence, Netflix Acquires Rights To 3 More Shows
Netflix, Hulu to Launch Virtual-Reality Apps
CNN to Live Stream Democratic Debate In Virtual Reality
Associated Press Reports That Yogi Bear Has Died