October 31, 2016
Hollywood has been talking up China’s explosive box office growth for years and the country is forecast to surpass North America as the largest movie market in the world as early as next year. However, the growth in China is slowing with ticket sales down 10% this year from last year’s figures. Ryan Faughnder, a staff writer with the Los Angeles Times, stops by to explain some of the reasons for the decline and what it means for major studios.
Faughnder also gives us the lowdown on how some studios, specifically Lionsgate, are turning to YouTube stars in search of their next big hit. Warner Bros. and Disney have similar efforts underway, though none have found the secret to success in transforming online talent into mainstream stars.
Meanwhile politicians and investment analysts have publicly expressed their concern over AT&T’s acquisition of TimeWarner. Some have gone so far as to say the deal can lead to “a whole bunch of different horribles for consumers”. For their part, AT&T is trying to assuage fears by moving head with its virtual cable plan.
Of course we also cover the week’s top entertainment news including why the creator of “Mad Men” signed with Amazon for his next series, why viewership of two popular sports has decreased significantly and how the pop group ABBA is reuniting for a live performance… sort of.
January 3, 2011
On more than a few occasions during 2010 one could hardly fault moviegoers for feeling as if they’d been duped as they left theaters. Movieline journalist and author Alonso Duralde believes that in at least seven instances films were misrepresented by their marketing campaigns. He discusses, among others, the arthouse movie that was sold as an action thriller, the riotous comedy that isn’t funny at all, and a princess tale disguised as a swashbuckling adventure.
Marketing could hardly be the primary reason 2010’s box office was down slightly from the previous year’s record earnings. With ticket sales off by an estimated 5.36% the only thing propping up film grosses were higher ticket prices, which noticeably rose over the past year.
On the other hand, Nielsen reports that Americans are watching more television than last year, around 34 hours per week. Unfortunately for the major broadcast networks which once ruled the airwaves, viewership has become fractured as it spread out across hundreds of cable channels. The only big TV winner during 2010 was living sporting events, which accounted for eight of the top ten highest rated shows of the year.