Showbiz Sandbox 654: CinemaCon Promotes A Bright Future for Movie Theatres
April 16, 2024
CinemaCon, the annual gathering of cinema operators in Las Vegas, was filled with anxiety this year thanks to a lack of wide releases due to the recent labor strikes. However, most Hollywood studios showed up with a few movie stars to hawk an increasing number of big titles due later in the year and into 2025. As well, technology companies introduced some exciting new advances in projection and image quality. In all, the conference pointed toward better days ahead for movie theaters.
In even better news, it looks as if the many behind-the-scenes craft people who work on films and television shows may not go on strike like the writers and actors did last year. The International Alliance of Theatrical Stage Employees (IATSE) appears to be having very positive negotiations with Alliance of Motion Picture Television Producers on a new contract.
Of course we also cover the week’s top entertainment headlines including how Disney won its shareholder battle, the winners of this year’s Writers Guild Awards and CBS whips up a new streaming news service.
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Showbiz Sandbox 649: Hollywood’s Superhero Movie Problem
February 27, 2024
The superhero movie is facing its biggest enemy yet – audience indifference. “Madame Web” is just the latest superhero flick to open to poor reviews and/or bad box office. Entertainment journalist Geoff Boucher, who has covered the comic book world for over two decades and is a bigwig at ComicCon, discusses the declining popularity of superhero films and his belief that there are better times ahead for the genre.
Meanwhile, Paramount and Warner Bros. Discovery are facing their own existential threats, especially when it comes to their declining ad revenue, soft earnings and overwhelming debt.
Of course we also cover the week’s top entertainment headlines including Beyoncé making history on the country music charts, revenues soar for concert promoter Live Nation thanks to some big tours and artificial intelligence upends the expansion of Tyler Perry’s studio.
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Showbiz Sandbox 638: What the Actors Won in Their New Contract
November 14, 2023
After 118 days the actor’s strike finally came to an end as SAG-AFTRA reached an agreement on a new three-year employment contract with the Alliance of Motion Picture and Television Producers (AMPTP). Entertainment attorney Jonathan Handel joins us to explain all of the major achievements in wages increases, residuals and artificial intelligence protections the union negotiated, while highlighting the significance the contract will have for the entire industry in future years.
Meanwhile, women dominated this year’s Grammy nominations which were announced last week. Seven of the eight nominees in the big categories of song, record and album of the year are by women or female groups. The only male nominee? Jon Batiste who won big last year.
Of course we also cover the week’s top entertainment headlines including why a satellite radio service is moving to your phone, the poor opening of Marvel’s latest superhero movie and how third quarter earnings announcements from entertainment companies underscores the industry’s current generational disruption.
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Showbiz Sandbox 637: Spotify Fighting Fraud With New Payment Plan
November 7, 2023
Spotify is changing how it pays out royalties in an effort to deter fraud, demonetize the flood of new music that almost no one listens to and frustrate those gaming the system. None of the changes will alter the amount of money paid out in royalties each year. But Spotify believes the move may add up to $1 billion a year going to actual musical artists, rather than con artists.
Meanwhile, the actors’ strike continues despite word that SAG-AFTRA and the AMPTP were close to a deal on a new three-year contract. Word is that one of the remaining sticking points has to do with how artificial intelligence can be used to create performances in future productions.
Of course we also cover the week’s top entertainment headlines including a new Broadway season ramps up with plenty of new productions, Live Nation reports record earnings thanks to sales of concert tickets and Britney Spears becomes a bestselling author.
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Showbiz Sandbox 635: Deciphering Hollywood Hits and Misses
October 17, 2023
Hollywood studios often try to camouflage the success or failure of their movies. Sometimes they claim a film is unprofitable, yet go on to make several sequels, as Nu Image did with the “Has Fallen” franchise. Other times a studio insists a movie is a modest box office hit despite paying hundreds of millions for the underlying property, as with Universal Pictures’ recent “The Exorcist: Believer.” It many not matter to moviegoers, but it does to those with profit participation.
There is no denying that Taylor Swift’s “Eras Tour” concert film is a huge success after its weekend in cinemas around the world. Though it didn’t live up to early box office forecasts, its opening was three times bigger than any concert movie in history. It became the highest grossing such film of all time in North America after just three days.
Of course we also cover the week’s top entertainment headlines including the latest on the actors’ strike, some questions over Spotify’s audiobook offering and Microsoft finally completes its acquisition of Activision Blizzard.
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Showbiz Sandbox 633: Dissecting the New Writers Guild Contract
October 3, 2023
The Writers Guild of America released details of the new contract they negotiated with the Alliance of Motion Picture & Television Producers ending their historic 148 day strike. The 94-page document is filled with big gains for writers in pay and protection from artificial intelligence. It’s also a compromise to the deal the WGA initially sought from the AMPTP, as is to be expected.
Meanwhile the Golden Globe Awards has christened two new categories; one for cinematic and box office achievement (which makes no sense) and another for best performance ni stand up comedy on television (which seems like a good idea).
Of course we also cover the week’s top entertainment headlines including why Juilliard’s acting program is about to get a lot cheaper to attend, how artificial intelligence is augmenting a classic Ingmar Bergman film and Beyoncé is bringing a movie of her Renaissance tour to cinemas.
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Showbiz Sandbox 632: Pickets Down – Hollywood Writers Strike A Tentative Deal
September 26, 2023
The Writer’s Guild of America reached a tentative agreement on a new contract with the Alliance of Motion Picture and Television Producers (AMPTP) potentially ending its strike after 146 days. Entertainment attorney Jonathan Handel wrote the book on Hollywood strikes, literally, and is a contributing writer at Puck where he covers labor issues. He fills us in on what is known about the deal the WGA negotiated and when striking actors may follow suit.
Handel also helps us understand why some big name authors and comedians are suing OpenAI for copyright infringement after discovering the company used their work to train their artificial intelligence platform, ChatGPT.
Of course we also cover the week’s top entertainment headlines including how HBO is adding sports to its streaming service, Amazon will add advertisements to Prime Video and Ruper Murdoch announces his retirement from Fox and News Corp.
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Showbiz Sandbox 629: Disney vs. Charter Feud Could Finally Unbundle Cable
September 5, 2023
Carriage disputes between cable companies and media companies are nothing new. They happen regularly around big events like the Super Bowl, FIFA World Cup or the Oscars. However this time Charter Communications, the second largest cable operator in the United States, has pulled all of Disney’s 19 networks from its service, refusing to pay the higher licensing fees, arguing that the bundled pay television business model no longer works. Settling the disagreement could significantly alter the future of the television landscape.
Meanwhile, Taylor Swift has conquered the album charts and football stadiums and now she’s going to conquer movie theaters. And with summer box office hitting $4 billion, Swift’s concert film comes at the perfect time, at least for those in North America.
Of course we also cover the week’s top entertainment headlines including the Hollywood Reporter gets another editor-in-chief, more details about Kevin Costner’s departure from “Yellowstone” and Michael Mann brings his “Ferrari” to the Venice Film Festival.
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Showbiz Sandbox 628: An Inside Look at Streaming’s Microscopic Residual Payments
August 30, 2023
The recent success of the television series “Suits” on Netflix has shined a spotlight on how much money writers make on a cable or broadcast hit versus one on a streaming service. Last week one of the show’s writers revealed the vast difference in residual payments he received between linear and streaming underscoring why the WGA is currently on strike.
Meanwhile, with the WGA and SAG-AFTRA striking in strong solidarity, the AMPTP has hired a public relations crisis management firm. Studios, realizing the strike shows no sign of ending, have begun postpone tentpole releases such as “Dune 2” into 2024.
Of course we also cover the week’s top entertainment headlines including how Amazon has shown interest in partnering with Disney on ESPN, how preview screenings are messing up box office calculations and why musicians seem to be dumping manager Scooter Braun.
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Showbiz Sandbox 627: Linear TV Drops Below 50% In U.S. For First Time
August 22, 2023
The number of households in the United States subscribing to traditional pay television services has dropped below 50% for the first time in the two years Nielsen has been tracking such metrics. And it’s not that viewers are cutting the cable cord, they’re just watching their favorite television shows and movies on streaming services more than they are on broadcast and cable.
Meanwhile, the writers and actors’ strikes show no sign of ending. One of the big sticking points is over the use of artificial intelligence in future productions. Now a new court ruling sided with the Copyright Office and said works solely generated by AI cannot be copyrighted.
Of course we also cover the week’s top entertainment headlines including why Disney is being sued by one of its finance partners, why an Iranian filmmaker is being thrown in prison and some box office shenanigans taking place in Korea.
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