Showbiz Sandbox 570: The Realistic Future of a Mature Netflix
January 26, 2022
When Netflix was just shy of meeting its estimated new subscriber growth during the last financial quarter it faced immediate repercussions as its stock price plummeted over 20% in a single day. We explain why Netflix is not suddenly a failing company, it’s just one in a mature market of its own making. Even so, Netflix’s sudden deflation has given Hollywood’s media giants cause for concern, since most of them followed the company’s lead by launching their own streaming services.
Meanwhile the Sundance Film Festival, which usually takes place in Utah each January was forced by COVID forced to go virtual for the second year in a row. However, even remotely, the festival remains one of the premiere launching pads for independent film and, at the halfway point, we’ll tell you what titles are generating all the buzz.
Of course we also cover the week’s top entertainment headlines including Microsoft’s big video game acquisition, YouTube stops paying for original content and Adele postpones her Las Vegas residency.
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International Box Office: ‘Spider-Man: No Way Home’ Zips To No. 6 On All-Time Global Chart With $1.69B
https://deadline.com/2022/01/spider-man-no-way-home-scream-sing-2-matrix-china-global-international-box-office-1234918151/
‘Spider-Man: No Way Home’ Returns to No. 1 on Box Office Charts in Sixth Weekend of Release
https://variety.com/2022/film/box-office/spiderman-no-way-home-box-office-beats-scream-1235160913/
‘Harry Potter and the Cursed Child’ Star James Snyder Fired From Broadway Show After Independent Investigation
https://variety.com/2022/legit/news/james-snyder-harry-potter-and-the-cursed-child-star-fired-from-broadway-show-complaint-1235161065/
Jon Stewart to Receive the Mark Twain Prize at the Kennedy Center in April
https://www.washingtonpost.com/arts-entertainment/2022/01/19/jon-stewart-mark-twain-prize/
Art Directors Guild 2022 Nominations Headed by ‘Nightmare Alley,’ ‘Cruella,’ ‘No Time to Die,’ ‘In the Heights’
https://variety.com/2022/artisans/awards/art-directors-guild-2022-nominations-full-list-1235160949/
Microsoft to Buy Activision Blizzard in All-Cash Deal Valued at $75 Billion
https://www.wsj.com/articles/microsoft-to-buy-activision-blizzard-games-11642512435
FCC Moves To Boost Cable Competition in Apartment Buildings
https://www.bloomberg.com/news/articles/2022-01-21/fcc-proposes-to-boost-cable-competition-in-apartment-buildings
YouTube Shuts Down Original Content Group
https://variety.com/2022/digital/news/youtube-original-content-group-shutdown-1235156299/
Netflix Plummets Over 20%, Its Worst Day Since July 2012
https://www.cnbc.com/2022/01/21/netflix-stock-down-20percent-after-earnings-show-growth-slowdown.html
‘Lucifer’ Tops ‘Squid Game’ On Nielsen 2021 Original Series Chart In U.S., ‘Luca’ Is No. 1 Movie
https://deadline.com/2022/01/nielsen-streaming-top-shows-of-2021-lucifer-1234914241/
France’s Revamped Windowing Gives Netflix Earlier Access to Fresh Movies
https://variety.com/2022/film/global/france-windowing-netflix-disney-2-1235161377/
Gaspard Ulliel, French Actor and ‘Moon Knight’ Star, Dies at 37 After Ski Accident
https://variety.com/2022/film/news/gaspard-ulliel-dead-dies-moon-knight-french-actor-1235157242/
Meat Loaf, Master of Operatic Rock, Dead at 74
https://www.rollingstone.com/music/music-news/meat-loaf-dies-74-1288550/
André Leon Talley, the Pioneering Vogue Editor, Has Died at 73
https://www.vogue.com/article/andre-leon-talley-obituary
Yvette Mimieux, Actress in ‘Where the Boys Are’ and ‘Jackson County Jail,’ Dies at 80
https://www.hollywoodreporter.com/movies/movie-news/yvette-mimieux-dead-where-boys-are-jackson-county-jail-1234947325/
Louie Anderson, Genial Stand-Up Comic and Actor, Dies at 68
https://www.nytimes.com/2022/01/21/arts/television/louie-anderson-dead.html
Andrew Vachss, Children’s Champion in Court and Novels, Dies at 79
https://www.nytimes.com/2022/01/16/obituaries/andrew-vachss-dead.html
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