Showbiz Sandbox 515: Disney Restructures Its Magical Kingdom
October 20, 2020
One week after the Walt Disney Company announced that it would be premiering its latest Pixar film on Disney+ rather than in movie theaters, the media giant says it will reorganize its corporate structure to focus the company’s content creation on streaming. Is this a hasty pivot, long in the works, or just making official the obvious? The move left many industry watchers a bit confused.
Meanwhile, movie theaters in most of New York state can reopen, except in New York City itself. Even so, studios still won’t be releasing a blockbuster soon enough to help struggling cinema operators like AMC, who claims they will run out of money before the end of the year.
Of course we also cover some of the week’s top entertainment headlines including why Kevin Hart is taking over for Jerry Lewis on the muscular dystrophy telethon, K-Pop boy band BTS might be enlisting in the South Korean military (literally) and this year’s slimmed-down Tony nominations.
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Showbiz Sandbox 510: Studios Play Hide and Seek With Box Office Data
September 15, 2020
Now that new movies are once again playing in reopened cinemas, studios are reluctant to report their pandemic crippled grosses lest their films be deemed publicly as financial flops. At least two studios are delaying box office reports of their latest releases in what many industry insiders fear is a new trend. Is it appropriate for distributors to break with a decades old tradition of reporting weekend grosses in the midst of COVID-19 or do they have the right to keep box office on their titles confidential?
Meanwhile, the Academy of Motion Picture Arts and Sciences announced a new diversity initiative for the Oscars. Now for a film to be eligible for the Best Picture category it has to meet at least two of four diversity requirements. It’s a thoughtful move, even if almost every film made in the last ten years can easily meet the new requirements
Of course we also cover some of the week’s top entertainment headlines including why Disney’s “Mulan” is stirring up unwanted controversy, a major talent agency finally agrees to the Writers Guild code of conduct and sales of vinyl records surpass compact discs for the first time in over 30 years.
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Showbiz Sandbox 509: The Five Stages of Box Office Recovery
September 8, 2020
After zeroing out for six months, the worldwide box office is roaring back to life, led by China and films like “The Eight Hundred” and “Tenet.” We’re joined by Robert Mitchell of Gower Street Analytics who helped develop a staged approach of measuring how the box office in various markets is rebounding and what to expect in the months and years to come.
Meanwhile Hollywood talent agents continue to migrate toward management firms, as the major agencies continue to furlough or layoff staff. Will some creatives choose not to have an agent at all moving forward?
Of course we also cover some of the week’s top entertainment headlines including how Nielsen has begun measuring streaming viewership by the billions of minutes, Tyler Perry goes on a production spree and a whole new way to (sort of) watch Netflix shows.
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Showbiz Sandbox 508: The New Mutants – Agents Become Managers
August 31, 2020
At a time when streaming giants have eroded box office participation and rich TV syndication deals, a significant number of high level talent agents have begun leaving their prestigious positions to become managers. They hope to help top celebrities build companies around themselves in the same way Gwyneth Paltrow and Reese Witherspoon have become business moguls.
Meanwhile, Christopher Nolan’s “Tenet” finally opened in theaters, at least in some international territories. Despite limited capacity screenings the blockbuster managed to live up to the hype earning $53 million at the box office. Even so, two hit films from China made even more money over the past week.
Of course we also cover some of the week’s top entertainment headlines including a big syndication deal for “Young Sheldon,” the New York Times stops printing its TV listings and the Korean boy band BTS blows up a few records with its new single.
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Showbiz Sandbox 507: Movie Theaters Come To Terms with Christopher Nolan’s “Tenant”
August 25, 2020
After COVID-19 forced movie theaters around the world to close for nearly six months, they are now set to reopen with one of the most anticipated films of the year; Christopher Nolan’s “Tenant.” There’s only one catch, the film rental terms Warner Bros. is asking for may make cinema operators want to manipulate time and go back to the simpler days when a studio got 50% of the box office and was happy. What’s more, increased film rental terms may be the new normal for movie theaters.
Meanwhile China may be showing the world how to reopen movie theaters as the historic drama “The Eight Hundred” rockets to more than $100 million at the box office. And to think just a few months ago the Chinese government banned the film.
Of course we also cover some of the week’s top entertainment headlines including how the Berlin Film Festival is going gender neutral, Ron Meyer is out at NBCUniversal and the Tony Awards may happen this year after all.
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Showbiz Sandbox 504: Does The Entertainment Industry Need A Government Bailout?
July 29, 2020
Most of the world’s cinemas are closed. Studios are struggling to release films theatrically. Live theatre probably won’t return until at least 2021. Who knows when concerts can safely be held. Likewise, new movies and television shows can’t get made because producers can’t get production insurance. Is it time for governments to help the entertainment business bounce back the same way they help other industries?
Meanwhile, the Emmy nominations provided some good news, at least for HBO and Netflix who racked up a combined 267 nods. In a year where an Emmy ceremony is hardly likely, the major broadcast networks only scored one nomination for a top award. We go take a stab at predicting which shows will score an Emmy this year.
Of course we also cover some of the week’s top entertainment headlines including why TikTok signed a deal with record labels, Drake charts another music industry record and how Universal Music Group profits from local music acts.
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Showbiz Sandbox 503: An Actor’s Life During A Pandemic
July 21, 2020
Like so many other working actors in New York John Keating saw his world turned upside down by the COVID-19 pandemic. Suddenly, his side gig narrating audio books became a lifeline like never before. We talk to Keating about the impact of the coronavirus shutdown, what it’s like to record an audiobook at home and a new online production of the ghostly tale “The Weir” put together by The Irish Repertory Theatre.
Meanwhile, screenwriters have been locked in a year-long battle with their agents who the scribes claim have placed their own interests ahead of the writers they supposedly represent. Now the peace agreement between the Writers Guild of America has come to an agreement with United Talent Agency which would end packaging deals. Is it just a matter of time before the other big talent agencies follow suit?
Of course we also cover some of the week’s top entertainment headlines including a big promotion for Netflix’s content chief, Ted Sarandos, China begins reopening movie theatres and “Dancing With The Stars” ditches its longtime hosts.
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Showbiz Sandbox 501: Are Movie Studios Starting To Panic?
July 8, 2020
With most of the world’s cinemas having been closed for the past five months due to the coronavirus pandemic, Hollywood studios and other film distributors have been unable to release new movies theatrically. However, even if movie theaters are able to open their doors, will studios be willing to release expensive blockbusters at a time when a new COVID-19 outbreak could shut them down again at any moment?
Meanwhile the Academy of Motion Picture Arts and Sciences invited over 800 new professionals from around the world this year, achieving their goal of diversifying the organization’s membership base.
Of course we also cover some of the week’s top entertainment headlines including the WGA avoids a strike by reaching a deal on a new contract with producers, Beavis and Butt-Head grow up and the United Kingdom pledges to $2 billion for arts programs.
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Showbiz Sandbox 492: Hollywood Players Battling Pandemic… And Each Other
May 5, 2020
Even when times are good and profits are up, some of Hollywood’s biggest stakeholders don’t always get along. For over a year now the Writers Guild of America has been duking it out over television packaging fees with the Association of Talent Agencies, suing three of its largest members; United Talent Agency, William Morris Endeavor and Creative Artists Agency. Entertainment attorney and Hollywood Reporter contributing editor Jonathan Handel fills us in on the latest court rulings in the dispute and why things aren’t looking good for the WGA.
Meanwhile, cinema operators were already upset with Universal Pictures for releasing “Trolls World Tour” via premium video on demand, skipping a theatrical release due to the coronavirus pandemic. Now the studio announced plans to release its future movies on PVOD at the same time as they hit theaters, causing a few chains to boycott Universal’s titles. Film distribution veteran Jim Amos of Scout 53 breaks down the argument for us and tells us how he thinks it will be resolved.
Of course we also cover some of the week’s top entertainment headlines including new rules for the Oscars, global music industry revenue continues to grow (for now) and without sports to broadcast should ESPN still be charging cable subscribers?
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Showbiz Sandbox 487: For Performing Arts, the Show Must Go On
April 2, 2020
Impresario Evans Haile has decades of experience as a producer, artistic director and performer of live theater and opera, yet nothing could have prepared him for how the coronavirus pandemic would disrupt the industry.
As the executive director of the York Theatre Company in New York, the executive director of Opera North in New Hampshire and the producing director of the Gainesville Symphony in Florida, Haile gives us his unique perspective on the impact COVID-19 is having on arts institutions from Broadway to Off Broadway and even regional theaters.
In China, the few cinemas that began to open back up are now re-shuttered for fear of another coronavirus outbreak. This means that 94% of commercial movie theaters around the world are now closed.
Of course we also cover some of the week’s top entertainment headlines including the historic audio recordings that the Library of Congress has entered into its registry this year.
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