Showbiz Sandbox 356: The Future of 4K Ultra HD Streaming Is Upon Us

February 20, 2017

FCC Commissioner Michael O’Rielly has a history of voting against raising the standard level of what constitutes high-speed broadband service. Now he’s publicly dismissed 4K video streaming as a figment of the future, so far off it won’t be adopted for many years. Could O’Rielly be correct in his dim forecast about the foreseeable future of Ultra HD? Short answer: no.

The arguments against media technology adoption revolve around the availability of content and devices. However, neither seems to be presently lacking. More and more consumer electronics manufacturers are phasing out HD televisions in lieu of new 4K models, while the likes of Netflix and Amazon offer 4K streaming of movies and television shows.

Meanwhile, we review the latest accolades handed out by the Writers Guild and the Berlin Film Festival as we gear up for next week’s Oscar ceremony by making a few haphazard predictions of our own.

Of course, we also cover the week’s top entertainment news stories including why Disney is dumping a YouTube star, the New York Times is ditching one of its longtime theatre critics and the reason Playboy magazine is going all in on nudity.

Read more

Play

Showbiz Sandbox 355: Adele’s Big Grammy Victory Is All In the Numbers

February 13, 2017

Though Beyoncé had been predicted to walk off with this years top Grammy Awards for her critically acclaimed album “Lemonade”, she was beat out by Adele who won five top awards for “25”. Rather than being racially motivated, as some would suggest, Adele’s Grammy success was buttressed by an album that sold 20 million copies making it by far one of the biggest albums of the last decade, topped only by sales of her previous release “21”.

Then there was the artist who has never sold a single record yet managed to win three Grammys this year. Chance the Rapper made history when he became the first artist to win a Grammy for a streaming-only album. “Coloring Book” won the Grammys for Best Mixtape and Best Rap Performance, while Chance the Rapper took home the prize for Best New Artist.

Meanwhile, the struggling entertainment conglomerate Viacom announced how it hopes to turn the company around. The company plans to focus on “silos” of branded properties which can be exploited across multiple platforms. This is the same strategy the Walt Disney Co. has used with great success; however Viacom’s existing properties are hardly as popular as Marvel or Pixar.

Of course, we also cover the week’s top entertainment news stories including plans to revive “American Idol” on television, Stephen Colbert’s “Late Show” tops Jimmy Fallon’s “The Tonight Show” for the first time and Aretha Franklin, the queen of soul music, announces her retirement.

Read more

Play

Showbiz Sandbox 353: Streaming Giants Raise Ante at Sundance Film Festival

January 30, 2017

As if it wasn’t difficult enough for distributors to find a commercial title amidst the hundreds of films premiering at the Sundance Film Festival each January, video streaming companies such as Netflix and Amazon have entered the bidding causing acquisitions prices to rise for the entire market. Anne Thompson, Indiewire’s editor-at-large, has just returned from Sundance where she reports most of the films were good, though maybe not good enough to win any Oscars in 2018.

As for this year’s Oscars, the frontrunners became a little more clear with the Producers Guild and Screen Actors Guild handing out their awards over the weekend. “Hidden Figures” surprised many by taking home the SAG Award for Outstanding Performance by a Cast in a Motion Picture during a politically charged ceremony.

Speaking of industry unions, the Directors Guild of America has signed a new contract with producers that gives its members significant raises in subscription video-on-demand residuals. This is welcome news for directors who missed out on sharing in DVD and Blu-ray revenue over the past decade.

Of course, we also cover the week’s top entertainment news stories including the launch of a brand new vinyl record factory, Jeffrey Katzenberg’s new venture and streaming music company Tidal finds a new investor.

Read more

Play

Showbiz Sandbox 351: What We Know and Don’t Know About Book Publishing in 2016

January 16, 2017

Looking at how the publishing industry fared over the past year it quickly becomes apparent that there aren’t a lot of hard sales figures thanks to online retailers which don’t publish such data. With e-books accounting for 70% of all adult fiction purchases in 2016 the industry has become impossible to track. One measurable trend however is the record number of e-books being borrowed from traditional libraries.

Meanwhile, the box office has already claimed its first victims of the new year, with three high profile films tanking in their debut weekend. Does this mean Hollywood movie stars can no longer ensure a decent opening weekend?

Maybe moviegoers were simply catching up on all the year end movies that are being hailed during awards season. Nominations were announced last week by the guilds representing directors, producers, cinematographers and costume designers.

Of course we also cover the week’s top entertainment news including layoffs at Pandora, a Jimmy Buffett musical has plans for Broadway and George Lucas brings his long planned museum to Los Angeles.

Read more

Play

Showbiz Sandbox 349: How the 2016 Box Office Defied the Odds

January 3, 2017

Apparently political pollsters aren’t the only forecasters whose predictions can be wrong. With fewer high profile blockbusters than 2015, some in Hollywood believed that the 2016 North American box office could surpass the previous year. However, a number of unexpected hits like “The Jungle Book” and “Deadpool” helped box office climb to a record high of $11.4 billion.

Meanwhile in China, the rapid box office growth that saw a 50% rise in 2015 slowed dramatically. In fact, the country’s box office actually fell in the last half of 2016, causing a modest 3% gain, year-over-year. We’ll explain what caused the Chinese box office to cool off so quickly and why there may be some good news buried in the financials.

Our resident theatre expert Michael Giltz will brief us on all the new productions opening on Broadway this spring. He’ll tell us which shows he would invest in (if he had the money) and which might be headed to a town near you when they go out on tour.

Of course we also cover the week’s top entertainment news including this year’s Rock and Roll Hall of Fame inductees, a banner year for cable news networks and how record labels are finally seeing some profits from streaming music revenue.

Read more

Play

Showbiz Sandbox 333: Predicting The Biggest Box Office Flops of 2016

August 31, 2016

Much has been made about the decline in box office this summer, with franchise sequels underperforming and certain pricey movies failing to attract an audience. Kevin Lincoln, a senior editor at New York Magazine and Vulture, takes a look at this summer’s biggest flops and predicts which mega-budget releases might suffer a similar fate as we round out the year.

In China it might be more difficult to know which movies are box office disappointments or crowd favorites since online and mobile ticketing companies have been offering hefty subsidies to cinemagoers in their heated battle for market share. This means the gross of any release is almost always higher than what moviegoers actually paid to see it.

We’ll also dip back into audience figures from the recently completed Summer Olympics in Rio. This time however we have some data about viewership in Europe, Canada and elsewhere. To nobody’s surprise, more people streamed coverage online than ever before.

Of course we also cover the week’s top entertainment news including how Netflix international subscribers will soon outnumber those in the United States, a changing of the guard at Twentieth Century Fox gets expedited and the late Prince’s home and music studio is set to become a museum.

Read more

Play

Showbiz Sandbox 332: How Cable Companies Will Profit From Cord-Cutting After All

August 22, 2016

We keep hearing that cord-cutting is going to destroy the U.S. cable industry. But SNL Kagan analyst Ian Olgeirson says the economic outlook for the business over the next decade is actually quite solid. Olgeirson joins us to explain how cable companies are turning cord-cutters into more profitable cord-swappers and what that means for their long-term health.

Meanwhile, for the 2016 Summer Olympics in Rio you didn’t need to have a cable subscription since so much of the action was streamed live online. In fact, while television viewership may not have reached the levels some networks around the world had hoped, a record number of hours were streamed over the Internet from this year’s games.

We also launch a new segment that tells you the one new book worth reading out of the thousands that are published each week, as listed on BookFilter, a book lover’s best friend.

Of course we also cover the week’s top entertainment news including the dispute over Tom Cruise’s salary for “Mission: Impossible 6”, the power struggle at Viacom nears a resolution and Barbara Streisand tells Apple’s Siri how to pronounce her name properly.

Read more

Play

Showbiz Sandbox 192: Cannes Serves Up A True Blue Masterpiece

May 28, 2013

It’s safe to say the 2013 edition of the Cannes Film Festival did not disappoint. The jury, headed by filmmaker Steven Spielberg, awarded “Blue Is The Warmest Colour” with the Palm d’Or, the festival’s top prize. It seems fitting that a film featuring a lesbian love affair (not to mention graphic sexual scenes) should win big in a year when France legalizes gay marriage. That the film may be considered a masterpiece over time doesn’t hurt either.

In fact, there was little to complain about at this year’s Cannes Film Festival, except for maybe the rainy weather. We’ll fill you in on some of the highlights as well as discussing how Angelina Jolie’s announcement regarding her double mastectomy has caused an uproar in the medical community… in a good way.

Our host, Michael Giltz, has soft-launched a new website for booklovers. Still in beta stage as it prepares for an official launch, BookFilter.com is designed to help visitors discover what titles are being released and what might want to read next.

Of course we also cover the week’s top entertainment news including liner notes for digital downloads, Zach Braff teaches Woody Allen about crowdfunding and Amazon’s plan to make fan fiction legit.

Read more

Play