June 23, 2014
As YouTube gets set to launch its own streaming music service the company is updating existing partnership contacts with record companies. While all of the major labels have signed on, some independent labels are balking at what they consider unfair terms. Now, YouTube is threatening to block the content of any label refusing to enter into its new licensing contracts, a move that is proving hugely controversial and divisive throughout the tech and entertainment industries.
Speaking of contracts, when it came to negotiating the deal for his latest film “Boyhood”, director Richard Linklater gave up a large part of his usual salary to assure he would actually own a piece of the movie it took him 12 years to complete. Will more filmmakers decide to forfeit their upfront fees and begin taking ownership stakes in their projects, or is Linklater’s move a one-off?
Musician Jack White probably isn’t setting any trends either, at least not for vinyl records. His new album sold 40,000 on vinyl during its first week of release though that can probably be attributed to all the nifty extras White included on the vinyl version such as hidden tracks and alternate versions rather than any ongoing interest in the analogue medium.
Of course, we also cover the week’s top entertainment news stories including why “Sesame Street” is getting shorter, Netflix plans on producing a talk show with Chelsea Handler and Disney nails down another director for its “Star Wars” franchise.
June 16, 2014
An infamous entertainment industry journalist who causes Hollywood executives to break into cold sweats is back on the interwebs. Nikki Finke, the founder and former editor of Deadline Hollywood whom the New York Times once dubbed “a digital-age Walter Winchell”, launched her new website last week. Using her trademark brash and personal writing style, Finke admits she is ready to spill some show business blood.
Amazon appears to be just as aggressive as Finke when negotiating with their suppliers. First the online retailer started making it difficult to purchase books from the publisher Hachette. Now they’re taking the same approach with Warner Bros. movies as they come to a new agreement with the studio. According to PriceWaterhouseCoopers we’ll all be buying more of our media on digital platforms rather than physical ones anyway.
The platform the Metropolitan Opera cares most about is the stage. However New York’s opera company is weathering some tough negotiations of its own as it tries to balance big salaries with a shrinking endowment. A recent tax filing has revealed the Met’s inner financial workings, including some of the hefty salaries it pays to employees and performers.
Of course, we also cover the week’s top entertainment news stories including Matt Lauer extends his contract at NBC, Bjork gets selected by the Museum of Modern Art and actor Harrison Ford takes that “break a leg” saying to a whole new level on the set of the new Star Wars movie.