Showbiz Sandbox 515: Disney Restructures Its Magical Kingdom
October 20, 2020
One week after the Walt Disney Company announced that it would be premiering its latest Pixar film on Disney+ rather than in movie theaters, the media giant says it will reorganize its corporate structure to focus the company’s content creation on streaming. Is this a hasty pivot, long in the works, or just making official the obvious? The move left many industry watchers a bit confused.
Meanwhile, movie theaters in most of New York state can reopen, except in New York City itself. Even so, studios still won’t be releasing a blockbuster soon enough to help struggling cinema operators like AMC, who claims they will run out of money before the end of the year.
Of course we also cover some of the week’s top entertainment headlines including why Kevin Hart is taking over for Jerry Lewis on the muscular dystrophy telethon, K-Pop boy band BTS might be enlisting in the South Korean military (literally) and this year’s slimmed-down Tony nominations.
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Liam Neeson’s ‘Honest Thief’ notches No. 1 at box office
https://apnews.com/article/san-diego-robert-de-niro-liam-neeson-robert-pattinson-movies-5d54ec18d9b9517ccbb40023cb7e0f39
‘Demon Slayer’ Leads Global Box Office with Record-breaking $44m Japan Debut
https://www.screendaily.com/news/demon-slayer-leads-global-box-office-with-record-breaking-44m-japan-debut/5154160.article
Japan’s ‘Demon Slayer’ Kills It With Record $44M Opening; China Passing North America For 2020 – International Box Office
https://deadline.com/2020/10/demon-slayer-tenet-japan-china-global-international-box-office-1234599364/
Eddie Murphy’s ‘Coming 2 America’ Moves From Paramount to Amazon Studios
https://variety.com/2020/film/news/eddie-murphys-coming-2-america-moves-from-paramount-to-amazon-studios-1234799523/
It’s Official: China Overtakes North America as World’s Biggest Box Office in 2020
https://www.hollywoodreporter.com/news/its-official-china-overtakes-north-america-as-worlds-biggest-box-office-in-2020
UK £500M Film & TV Insurance Restart Scheme Officially Opens Today Following State Aid Approval
https://deadline.com/2020/10/uk-500m-film-tv-insurance-restart-scheme-officially-opens-today-following-state-aid-approval-1234598660/
Warner Bros & Universal Bosses Say No Movie Theater Buyouts In The Works, But “We’re Rooting For Them”
https://deadline.com/2020/10/warner-bros-universal-bosses-movie-theater-buyouts-covid-19-1234598176/
AMC Theatres Says Cash Resources to Be “Largely Depleted” by End of 2020 or Early 2021
https://www.hollywoodreporter.com/news/amc-theatres-says-cash-resources-to-be-largely-depleted-by-end-of-2020-or-early-2021
BTS’ Agency, Big Hit Entertainment Shares Nearly Double on IPO Debut
https://variety.com/2020/biz/asia/bts-big-hit-entertainment-shares-double-ipo-1234805519/
BTS Military Service Update — South Korean Gov’t Says Deferment ‘Not Possible’
https://www.digitalmusicnews.com/2020/10/16/bts-military-service-no-deferment/
C-SPAN Places Steve Scully On Indefinite Leave After He Admits To False Claim About His Twitter Hack
https://deadline.com/2020/10/cspan-steve-scully-presidential-debate-1234598340/
Kevin Hart Aims to Reboot the MDA Telethon (and His Hosting Career)
https://www.hollywoodreporter.com/news/kevin-hart-aims-to-reboot-the-mda-telethon-and-his-hosting-career
‘Jagged Little Pill’ and ‘Slave Play’ Lead 2020 Tony Nominations
https://www.nytimes.com/2020/10/15/theater/tony-award-nominations.html
Writers Guild presses CAA and WME to end 18-month standoff over agency practices
https://www.latimes.com/entertainment-arts/business/story/2020-10-16/writers-guild-presses-caa-and-wme-for-terms-to-end-18-month-standoff
Disney’s Streaming Reorganization Cheers Investors but Confuses Insiders
https://variety.com/2020/film/news/disney-streaming-netflix-coronavirus-1234803258/
Conchata Ferrell Dies: Former ‘Two and a Half Men’ Co-Star Was 77
https://deadline.com/2020/10/conchata-ferrell-dead-two-and-a-half-men-co-star-77-1234596750/
Herbert Kretzmer: Les Misérables Lyricist Dies Aged 95
https://www.bbc.com/news/entertainment-arts-54535824
Rhonda Fleming, Striking Star of the Silver Screen, Dies at 97
https://www.hollywoodreporter.com/news/rhonda-fleming-dead-star-big-912522
Bob Biggs Dies: Founder Of Influential Slash Records Label Was 74
https://deadline.com/2020/10/bob-biggs-dies-founder-of-influential-slash-records-label-was-74-1234599265/
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