Showbiz Sandbox 320: Is Comcast the New Disney?

Comcast announced last week that it would acquire Dreamworks Animation for $3.8 billion, taking another step toward transforming themselves from a cable giant into a full fledged media conglomerate. Meg James, a corporate media reporter for the Los Angeles Times, join us to discuss how, though the deal may not have been anticipated, it makes a lot of sense for both companies.

The purchase is the most recent in a string of acquisitions that have closely mirrored the strategy Disney has executed over the past decade as they gobbled up companies such as Pixar, Marvel and Lucasfilm. Comcast has proven quite adept at turning undervalued assets such as NBCUniversal and Universal Studios theme parks into profitable entities.

Meanwhile, as the Tony Awards season officially kicks off, Broadway is suffering from what is being referred to as The Hamilton Effect. This is a condition in which you open a musical that blends hip-hop and history in a way that not only makes the show a cultural phenomenon, but the inevitable winner of this year’s much coveted Best Musical Tony.

Of course we also cover the week’s top entertainment news including the Daytime Emmy winners, why Fox is pulling out of this year’s Comic-Con convention and how French law enforcement is preparing for the Cannes Film Festival.

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Showbiz Sandbox 211: Why Movie Studios Are Playing Musical Chairs With Release Dates

There was a time if a Hollywood studio pushed back the release date for one of its eagerly anticipated titles it signaled the movie might be in trouble. If there was ever a sign that such stigmas no longer apply when delaying a release date, one need look no further than this year. An overly crowded and competitive awards season has meant the release dates for a number of high-end hopefuls have been wisely pushed into 2014, including “Monuments Men”, “Foxcatcher” and “Jack Ryan: Shadow Recruit”.

Distributors in China, Japan and South Korea may soon have to start worrying about release dates too. Box office is surging to record levels in Asia, thanks not to Hollywood blockbusters, but rather homegrown productions.

If it were up to consumer electronics manufacturers, we’d all be watching movies at home on our new 4K Ultra HD televisions. Broadcasters, burned by the original conversion to HD and a string of 3D experiments, want to know who is going to foot the bill this time around.

Of course, we also cover the week’s top entertainment news stories including the new, yet familiar, writers taking on the “Star Wars” sequels, YouTube gets into the music streaming business and Netflix wants to make original movies.

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