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 641: Red Sea Film Festival Highlights Emerging Film Market
December 13, 2023
In its third year the Red Sea International Film Festival continues to build on its reputation for programming some of the most engaging and important movies being made in the Middle East. Held in Jeddah, Saudi Arabia, RSIFF has gone a step further by financially backing productions from the region, which until five years ago didn’t even have movie theaters.
Meanwhile, the awards season is revving up with numerous film critics societies weighing on their top movies from the past year. Plus the Golden Globes announced their nominations for next year’s ceremony.
Of course we also cover the week’s top entertainment headlines including how a 65-year-old Christmas song becomes only the third holiday tune to top the Billboard charts, bundling comes to streaming services and Disney’s Bob Iger says the ABC television network is not for sale.
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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 636: Why Streaming Subscriptions Are Getting More Expensive
November 1, 2023
When Netflix announced its earnings for the third quarter of 2023 it also confirmed that it would be increasing prices for those that don’t want to view ads. Amazon recently said it would also be raising the price for the ad-free tier of Prime Video. It turns out these streaming services have discovered they make more revenue per subscriber when they are willing to watch ads. Now all they need to do is scale their advertising subscriber-base.
Meanwhile, there are signs that talks to settle the actors’ strike may be going well. Though the strike’s damages have already been done with studios postponing releases until 2025 and television ad rates plummeting.
Of course we also cover the week’s top entertainment headlines including why music publishers are taking legal action against artificial intelligence companies, how record labels are trying to prevent artists from re-recording their albums and the untimely death of Matthew Perry.
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Showbiz Sandbox 626: Will Disney’s Big Wager On Sports Betting Pay Off?
August 15, 2023
Though Disney had previously dismissed the idea of venturing into sports betting, saying it didn’t fit the company’s image, the media giant signed a billion dollar agreement this week with a little known online gambling company. The move comes as Disney’s linear television revenue is declining with no end in sight and losses for its streaming service continue to mount. Will ESPN Bet help bolster Disney’s balance sheet?
Meanwhile the dual writers and actors strikes continue though the AMPTP held what was reportedly a productive conversation with the Writers Guild over the past week. Hollywood will need to get comfortable with holding labor negotiations since more of its workers are opting to unionize.
Of course we also cover the week’s top entertainment headlines including why Paramount is selling publishing giant Simon & Schuster, India has one of its biggest box office weekends of all time and why you might not want to work for Lizzo anytime soon.
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Showbiz Sandbox 624: Hollywood Is Bungling Its Barbenheimer Momentum
August 2, 2023
The idea of counter-programming the simultaneous global release of “Barbie” and “Oppenheimer” over the same summer weekend always seemed like a gamble. But somehow Greta Gerwig’s comedy about a popular toy doll and a Christopher Nolan’s biopic of the renowned nuclear physicist wound up becoming a worldwide phenomenon breaking all sorts of box office records over its first two weeks. Now, instead of capitalizing on this success, Hollywood studios are determined to drag out a dual strike with writers and actors which shows no sign of ending anytime soon.
Having joined the Writers Guild of America on the picket lines, SAG-AFTRA continues to make its case in the court of public opinion. Unfortunately, producers (meaning studios, streamers and networks) aren’t ready to start negotiating a compromise.
Of course we also cover the week’s top entertainment headlines including country music’s big moment, why Disney CEO Bob Iger called in some former senior executives to consult with the company and how video streaming is hitting new heights.
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Showbiz Sandbox 623: Actors Join Writers In Historic Dual-Strike
July 18, 2023
Film and television production ground to a halt last week in Hollywood (and elsewhere) when actors joined the already striking writers on the picket line. This marks the first time in 63 years that the Writers Guild of America and the Screen Actors Guild has been on strike at the same time and it is an existential moment for the entertainment business which could set the tone for labor relations for decades to come. Entertainment attorney and journalist Jonathan Handel drops by to give us all the details.
Meanwhile, the Emmy Award nominations were announced last week, though thanks to the ongoing strike(s) who knows when the ceremony will be held. What we do know based on the nominations is that in a world of peak TV, Emmy voters watched about…four shows last year!
Of course we also cover the week’s top entertainment headlines including why Disney is looking to sell off certain television assets, the BBC finds itself embroiled in another scandal and Taylor Swift becomes only the third artist to ever have four albums in Billboard’s top ten in a single week.
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Showbiz Sandbox 622: Actors and Writers Agree That AI Ain’t So Smart
July 11, 2023
The Writers Guild of America members have been on strike for over two months now and might soon be joined by the Screen Actors Guild. When it comes to artificial intelligence however both guilds agree; when their members’ work is used to train AI, actors and writers should be paid. Some writers are now taking matters into their own hands and filing lawsuits against companies for training their A.I. models using their work without permission.
Meanwhile, we’ve known how big music streamers have become on a global level, but now the National Music Publishers Association announced it has cracked the code on figuring out how many subscribers each major service has in the United States.
Of course we also cover the week’s top entertainment headlines including how a movie that Disney dumped five years ago beat out Indy 5 at the weekend box office, NBCUniversal promotes some senior executives and Elton John finally wraps up his farewell tour after earning $900 million.
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Showbiz Sandbox 613: Author James Patterson Questions New York Times Best Seller List
April 4, 2023
James Patterson has been a perennial presence on the New York Times best seller list after his most recent book failed to make the list, he accused the newspaper of “cooking the books” in the way it compiles its lists. According to BookScan, which uses actual sales figures, Patterson’s latest book should have made the list, but the Times uses a proprietary formula and method for determining its list and now he’s publicly calling them out.
Meanwhile, we signed up for the new version of MoviePass just to find out what it offered. It turns out it is very hard to pull off a moviegoing subscription service when you don’t have deals with movie theaters.
Of course we also cover the week’s top entertainment headlines including how Cineworld, the owner of Regal Cinemas, plans to restructure and exit bankruptcy, why the cast of the television series “Blue Bloods” took a pay cut, and the stage adaptation of Hayao Miyazaki’s “My Neighbor Totoro” wins six Olivier Awards.
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Showbiz Sandbox 611: This Year’s Oscars Were Everything Everyone Could Have Asked For
March 15, 2023
As everyone expected, the big winner at this year’s Oscars was “Everyone Everywhere All At Once,” taking home seven of the 11 awards it was nominated for. Anne Thompson of Indiewire was at the ceremony and joins us to give us the scoop on what happened behind the scenes at this year’s Academy Awards, including two extended moments of “integrated marketing.”
Meanwhile, in the United Kingdom the BBC stirred up some controversy when they suspended popular sports commentator Gary Lineker for expressing political opinions via his personal social media account. The fallout has been epic, with essentially every sports broadcaster, commentator and soccer player boycotting the BBC.
Of course we also cover the week’s top entertainment headlines including two new milestones in the music industry, J.J. Abrams gets into live theater and Disney says its theme parks are too expensive.
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