Showbiz Sandbox 226: Back To The Future – Why TV Networks Suddenly Love Old People Again

Broadcast television networks are finally catching on to what most of us have known all along; people over the age of 50 actually watch a lot of TV. In a never-ending pursuit to attract younger viewers, networks discovered that baby boomers make up a large portion of their audience. Surely we’ll be seeing a lot more programming meant to appeal directly to this new found demographic.

Maybe some of these new, more mature shows can be turned into movies one day. That seems to be the new trend in Hollywood as studios get set to release two movies that are spun-off from canceled series (“Veronica Mars”) or are have actually already appeared on television as mini-series (“Son of God”).

Speaking of Hollywood studios, it turns out that despite crying poor on a perennial basis, they all managed to make hundreds of millions of dollars in profit during 2013. Not revenue… actual profit.

Of course, we also cover the week’s top entertainment news stories including Cee Lo Green quitting “The Voice”, CNN quitting Piers Morgan and the end of Moviefone’s movie listing service.

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Showbiz Sandbox 78: The Fight Over Streaming Television Online

As if broadcast and cable networks didn’t have enough to worry about with online streaming offerings from Apple and Google, they now have startups such as ivi.TV to contend with. The company recently launched an online service that retransmits signals from broadcast television stations in New York and Seattle with more cities coming online soon. Though networks and movie studios are trying to shut the company down, its CEO, Todd Weaver, explains that ivi.TV is operating legally under current copyright laws.

Another media company dealing with legal issues is MGM who filed for bankruptcy protection last week. Fortunately the restructured studio won’t have to worry about an actor’s strike since the two unions representing thespians agreed to a new contract with studios and networks. The Hollywood Reporter’s Jonathan Handel fills us in on the key deal points as well as what the news means for writers and directors as they begin their own contract negotiations.

This week also marks the return of Conan O’Brien to late-night television as he kicks off his new show on TBS.

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