February 3, 2014
Thanks to surging theatrical grosses in countries such as Brazil, China, India, Mexico and Russia, the international box office more than doubled North American earnings in 2013, topping out at a record $25 billion. Though Hollywood studio content continues to dominate globally, receipts for local productions are beginning to play a more significant role in many markets. We provide a breakdown of the annual box office for of all the major territories and explain why some fared better than others.
Speaking of breaking records, the telecast of this year’s Super Bowl between the Seattle Seahawks and the Denver Broncos had an audience of 112 million viewers. That makes it the most watched television show in U.S. history. As is often the case, the commercials proved more interesting than the game.
Last week the industry also mourned the tragic death of Oscar winning actor Philip Seymour Hoffman from what appears to be a drug overdose. Unfortunately, obit writers were also kept busy with the passing of folk musician Pete Seeger, studio executive Tom Sherak and legendary animator Arthur Rankin Jr.
Of course, we also cover the week’s top entertainment news stories including an Oscar nomination for Best Song gets rescinded, “Back to the Future” is being turned into a Broadway musical and Disney plans to reboot Chip ‘n Dale.
November 11, 2013
There is no disputing the financial success of “Thor: The Dark World”, a sequel in the franchise based on the Marvel Comics superhero. What’s less clear is what the film’s box office grosses say about the adoption of 3D. During opening weekend 700 2D screens in North America accounted for 60% of tickets sales, as opposed to the 40% earned by 3,100 3D screens. Is this yet another sign audiences have given up on 3D movies?
Netflix doesn’t care how you see a superhero movie, so long as you’re watching it through their service. Last week the on-demand video powerhouse cut a deal with Disney to produce four new original series based on Marvel superheroes, all of which will lead up to a crossover miniseries.
As if competing with Netflix wasn’t bad enough, television broadcasters are still figuring out how to deal with DVRs and the growing number of audiences who time shift their content. One major broadcast network is pushing for advertisers to pay for increased viewership on DVRs for up to seven days after a show originally airs.
Of course, we also cover the week’s top entertainment news stories including the death of Blockbuster Video, the official release date for “Star Wars: Episode VII” and Richard Branson brings reality television into space.
October 21, 2013
Instead of promoting new releases through traditional avenues such as radio and television, record labels are beginning to rely on YouTube as the most effective method for reaching younger audiences. As Dawn C. Chmielewski, an entertainment writer for the Los Angeles Times explains, its not just musicians that are getting a boost from this new practice, but also some of the self-made tastemakers who have become YouTube stars.
Television networks are also beginning to love technology, specifically DVRs. Though the industry has long despised the timeshifting devices which allow viewers to skip commercials, executives are once again discovering how they can significantly boost ratings.
Meanwhile, more details are emerging about why the film adaptation of “Fifty Shades of Grey” lost its male lead. Beyond being uncomfortable with his new found stardom, Charlie Hunnam was also pushing for script revisions according to some reports.
Of course, we also cover the week’s top entertainment news stories including why the creators of “South Park” missed the deadline for their latest episode, “The Lion King” becomes Broadway’s first billion dollar production and the hit television series “Glee” announces its final season.
October 14, 2013
Facebook and Twitter have entered into a fierce battle to hold sway over the conversations taking place around television shows. The social media giants intend to mine the viewing habits of millions of users for data that might be useful to television networks. Karen Woodward, a leading entertainment industry social media consultant, discusses whether social chatter can lead to higher ratings and more advertising revenue.
Meanwhile, as the end of the year nears everyone is talking about awards season. Thanks to the fall film festival circuit and industry previews, virtually all Oscar hopefuls have already been seen and the handicapping of frontrunners has begun. However, it may take a while to view all entries for Best Foreign Language Film that were submitted by a record 76 countries.
The popular music streaming service Spotify turned five this past week and shared a few figures behind its success. One bit of data revealed that of the 20 million tracks hosted by service, 4 million have never even been streamed… not even once.
Of course, we also cover the week’s top entertainment news stories including the rise of a 16-year-old pop star from New Zealand, “Fifty Shades Of Grey” loses a cast member and the Jonas Brothers cancel their upcoming tour.