Showbiz Sandbox 598: Streaming Growth Goes International

November 9, 2022

It’s no secret that streaming services have been affecting every part of the entertainment business in one way or another, from movies and television to music sales and book publishing. After the latest round of earnings announcements from major media conglomerates a few realities become clear; producing original content for direct-to-consumer streaming offerings is costing a fortune and any significant subscriber growth is going to come from overseas territories.

Meanwhile, Taylor Swift’s latest album, “Midnights” might be topping the sales and Billboard charts, however it won’t be eligible for a Grammy in 2023 because it was released after September 30th of this year. The same goes for Bruce Springsteen, Charlie Puth, Gorillaz, Red Hot Chili Peppers, 1975, Carly Rae Jepsen, Arctic Monkeys and Smashing Pumpkins. On the other hand, Silk Sonic have decided not to have their debut album compete for an Album of the Year Grammy.

Of course we also cover the week’s top entertainment headlines including why K-Pop phenoms BTS are headed to the army, how the performing rights organization BMI is becoming a for-profit entity and embattled actor Kevin Spacey is found not liable in a sex abuse lawsuit.

Read more

Showbiz Sandbox 587: How To Succeed on Broadway After a Global Pandemic

June 28, 2022

With this year’s Tony Awards having been doled out, the 29 shows currently running on Broadway are taking stock of what’s working, which ones should stick around and which should stop raising their curtains. At least 14 have announced closing dates or are expected to soon, including some big musical productions. Others are recasting their big stars. But hope springs eternal on Broadway as new plays and musicals gear up to light up the Great White Way.

Meanwhile, “Top Gun: Maverick” has crossed into the billion dollar club making it the first film in Tom Cruise’s career to hit such a milestone. The actor showed up at CineEurope last week for a bit of a victory lap. We’ll bring you all the latest news from the event.

Of course we also cover the week’s top entertainment headlines including the future of K-Pop superstars, BTS, the winners of this year’s BET awards and Apple’s big bet on sports broadcasting.

Read more

Showbiz Sandbox 576: Director Frank Marshall Strikes A New Note With Jazz Fest

March 15, 2022

Frank Marshall is probably best known as a producer of some of Hollywood’s biggest films, but he has also directed four successful narrative features throughout his career. More recently he has turned to directing documentaries, including “Jazz Fest: A New Orleans Story,” which he co-directs with Ryan Suffern. Marshall joins us to discuss the film, which premiered at this year’s SXSW Film Festival ahead of its theatrical release.

Meanwhile, as we inch our way closer to this year’s Academy Awards ceremony, the Directors Guild, BAFTA and the Critics Choice Awards were all announced over the weekend, helping to better define who may take home an Oscar.

Of course we also cover the week’s top entertainment headlines including how compact disc sales are on the rise (sort of), Amazon launches a live DJ streaming service and this year’s Olivier Award nominations.

Read more

Showbiz Sandbox: Streaming Through the 2022 Sundance Film Festival

February 2, 2022

For the second straight year the COVID pandemic forced the Sundance Film Festival to move its 2022 event online. Even so, its organizers did a great job of putting on a virtual festival programmed with movies from emerging filmmakers and important documentaries on timely subjects.

Joining us to discuss the 2022 Sundance Film Festival is Stephen Garrett, a writer for the Book & Film Globe and the founder of Jump Cut, a marketing company that specializes in creating compelling trailers and posters for a wide variety of acclaimed motion pictures. We discuss the entries that will surely see some life after the festival, a few that won’t and the likelihood that any of them will ever be seen in movie theaters.

As expected, streamers such as Apple, Netflix and Hulu opened up their checkbooks to acquire Sundance titles for their subscription services, perhaps signaling a pause, if not an end, to big theatrical acquisitions being made at the festival.

Read more

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.

Read more

Showbiz Sandbox 562: The Death of Network Television Is Greatly Exaggerated

November 16, 2021

While the entertainment industry and Wall Street may be distracted by the growth of streaming services and their subscriber numbers, senior network television executives are reminding everyone that linear TV is far from dead. In fact, according to the latest viewing metrics, more audiences are tuning into network television programs on a consistent basis than actually watch streaming content.

Meanwhile, while the fall film festival season may be dominated by events in Toronto, Telluride and Venice, there are still a number of festivals taking place that are just as noteworthy, including the AFI Fest and Doc NYC. We’ll discuss some of this year’s official selections at both of these festivals.

Of course we also cover the week’s top entertainment headlines including why a high profile director walked away from the next Star Wars movie, Peter Jackson sells his special effects toolkit and Spotify starts a new chapter in streaming.

Read more

Showbiz Sandbox 553: CinemaCon Makes A Case for the Big Screen

August 31, 2021

After more than a year in which most blockbuster releases headed to streaming services, movie theater operators gathered in Las Vegas last week for CinemaCon, their annual convention. Ryan Faughnder of the Los Angeles Times moderated a panel discussion at the event featuring the heads of major movie chains, distribution executives and director Patty Jenkins. He tells us what he learned at this year’s show.

One consistent headline to come out of CinemaCon was the call from both exhibitors and distributors for an exclusive theatrical release window. When it comes to China however, Hollywood studios are relieved to get any type of release these days, even if they only have a week to prepare for it.

Of course we also cover the week’s top entertainment headlines including how Apple is buying into classical music, women top the music charts for the first time in ten years and why China is canceling celebrities.
Read more

Showbiz Sandbox 538: An Oscars Ceremony With An Asterisk

April 27, 2021

Delayed by two months due to the COVID pandemic and with almost no blockbuster studio films to nominate, it’s a small miracle this year’s Oscars ceremony took place at all. This year the Academy honored the most diverse slate of nominees in its 93 year history. Anne Thompson, Indiewire’s editor-at-large, joins us to discuss the night’s winners, the awkward telecast and the unusual awards season we just lived through.

Meanwhile, thing’s keep getting worse for producer Scott Rudin. Not only has he stepped back from all film and television work, but he also left the Broadway League which may have a serious impact on his ability to stage a comeback down the road.

Of course we also cover some of the week’s top entertainment headlines including why YouTube and Roku can’t get along, why Apple is headed to court over ownership of the music they sell on iTunes and Netflix continues to spend record amounts on new content.

Read more

Showbiz Sandbox 511: The Emmys and TIFF Pull Off the Virtual

September 22, 2020

When COVID-19 shut down the worldwide entertainment industry many wondered how it would affect annual events such as awards shows as well as film and music festivals. While the pandemic led to the cancelation of the Cannes Film Festival, the Emmy Awards honoring excellence in television and the Toronto International Film Festival both managed to hold virtual events that were received quite positively.

Anne Thompson, Indiewire’s Editor at Large, has been attending and covering TIFF for decades, though this year she didn’t have to leave her home to do so. She fills us in on what it was like to attend TIFF virtually, what the standout films were, how they will likely get released in theaters and which ones will be up for (a virtual) Oscars next year.

Of course we also cover some of the week’s top entertainment headlines including complete coverage of the Emmy Awards, a new music video for a beloved Louis Armstrong song and Madonna will direct her own biopic.

Read more

Showbiz Sandbox 479: Are Streamers Ruining Sundance?

February 2, 2020

About every five years a new group of deep-pocketed players shows up at the Sundance Film Festival and spends a small fortune acquiring a handful of films causing fear that the industry has been forever changed. This year, some of the world’s largest media and tech companies have invaded Park City, Utah and are picking up movies for amounts far in excess of what makes fiscal sense or what theatrical distributors are willing to pay.

Such companies don’t have to worry about box office results because they are more concerned with a different metric; the number of subscribers they can attract to their streaming service. Now some industry veterans are worried about whether indie distributors will be able to stay afloat with the leftover titles the streaming giants don’t gobble up.

Meanwhile, in China the film industry is down for the count with cinemas shuttered for the second week in a row due to the rapid spread of a coronavirus. Flights to and from the country have been suspended, as has all film and television production. When movie theaters finally do open for business the ripple effect on the Chinese release schedule will be felt around the world as films jockey for new playdates.

Of course we also cover the week’s top entertainment headlines including this year’s BAFTA award winners, Apple and Netflix may be chasing MGM’s film library and MoviePass officially files for bankruptcy.

Read more

Next Page »