Showbiz Sandbox 354: Why the Entertainment Industry Should Care About Net Neutrality
February 6, 2017
President Donald Trump’s selection of Ajit Pai to chair the Federal Communications Commission has moved quickly to rollback consumer protection regulations long thought to be settled; specifically net neutrality. Rules put in place to ensure an open internet allowing every company to compete on equal footing could get thrown out for ones that favor four telecom giants. That could mean record labels, movie studios, streaming music and video providers wind up paying much more to reach audiences.
In addition, Pai threw out proposed rules that would have allowed cable subscribers to purchase their set top boxes. Consumers in the United States presently pay $200 or more per year to rent such equipment putting $20 billion annually into the pockets of video providers. Will legislative bodies in other countries take similar stances in the wake of such F.C.C. moves?
This all comes as streaming music revenue has helped slow or reverse years of declining income sales for record companies. Nielsen music reports that streaming platforms provided 38% of total audio consumption in 2016, up from 23% in 2014. In fact, these days a glut of streaming music providers are trying just about everything to differentiate themselves in what has become a crowded marketplace.
Of course, we also cover the week’s top entertainment news stories including Disney’s $100 million anti-poaching settlement with animators, Oprah Winfrey joins “60 Minutes” and which media outlets have backed out of the annual White House Correspondents Dinner.
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Showbiz Sandbox 142: Is The MPAA Rating System Broken?
March 26, 2012
Though the MPAA often rates more than 700 films per year, the number of rating disputes rarely reaches the double digits. This year however eight films have already appealed their ratings and it’s not even April. Has the MPAA lost touch with modern culture or are filmmakers beginning to push the boundaries with edgier content? Ethan Noble, of Motion Picture Consulting, helps guide filmmakers and studios through the ratings process. Noble, who recently tried to appeal the restrictive rating on the documentary “Bully”, provides an overview of the MPAA’s rating system and tells us whether it needs to be fixed.
Speaking of the MPAA, they released their annual report on the motion picture industry. Moviegoing may have declined 4% in North America, but overseas revenue grew more than 5% and is booming in markets such as China and Japan.
We previously predicted that Broadway shows such as “Sister Act” and “Priscilla, Queen of the Desert” would close by now. Despite playing to half empty theaters and consistently losing money, they are still running night after night. What gives?
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