November 7, 2016
The theater world is presently embroiled in major contractual battles over pay, benefits and credits. The last group you’d ever think would be leading the charge is the Teamsters, who represent a large number of theater, television and film workers, including casting directors. Turns out, if you want to produce entertainment in the United States, you probably have to deal with the Teamsters.
Those working off-Broadway however, are represented by the Actors Equity Association and they are negotiating with the League of Off Broadway Theaters and Producers. Actors are pushing for a historic pay increase claiming their weekly minimum has never kept pace with inflation, let alone the cost of living in the major metropolitan cities where live theater is produced.
Meanwhile the Justice Department has filed an antitrust lawsuit against AT&T-DirecTV and other pay television providers for colluding in their refusal to carry SportsNet LA, a channel owned by Time Warner Cable. This comes in the wake of AT&T’s bid to acquire the media company Time Warner, which some fear might consolidate to much media power in too few hands.
Of course we also cover the week’s top entertainment news including the noteworthy ratings for this year’s World Series, who was named producers of next year’s Oscar ceremony and a “The Simpsons” is set up to make television history.
October 24, 2016
Last weekend, in a sudden and unexpected deal, telecommunications giant AT&T agreed to buy the media conglomerate Time Warner for $85 billion. As its current offerings become more commoditized AT&T is looking to add content to its portfolio through picking up Time Warner, a company that counts among its assets networks such as HBO and CNN, not to mention Warner Bros. Pictures. However, this marriage is far from certain will surely come under the scrutiny of antitrust regulators.
As awards season gets underway, studios have begun releasing some of their high profile title in hopes of going after Oscar glory. Historically, that meant opening arty films in a limited number of cinemas before going wide after gaining word of mouth. We explain why that’s happening less often these days.
Meanwhile, the Wanda Group is inviting all of Hollywood, and frankly anyone producing film and TV, to its new movie studios in Qingdao, China. They are offering a 40% incentive in hopes of luring productions to the multi-billion dollar facilities, but will anyone take them up on it?
Of course we also cover the week’s top entertainment news including why Bob Dylan might not be interested in commenting on his recent Nobel Prize award, why the “Deadpool” sequel lost its director and Garth Brooks signs an exclusive deal to stream his music on Amazon’s new service.
September 26, 2016
After more than a decade in decline, the sale of recorded music in the United States is set to grow for the second straight year thanks to increased revenue earned from music streaming services such as Spotify. Even so, the music industry is taking in half of what it earned at its peak late 1990s because streaming revenue hasn’t made up for the falloff in actual sales.
Meanwhile, the Dalian Wanda Group continues its invasion of Hollywood by cutting a deal with Sony Pictures to market movies in China. Wanda can practically guarantee the success of a new release given that it controls the largest movie theater chain in China ensuring a film will be scheduled heavily when it opens.
There is no sure bet at Viacom however as the media giant’s leadership remains in turmoil. It’s interim CEO is stepping down sooner than expected and the vice chairman of Paramount Pictures is also exiting. Then last week the company announced it would take a $115 million loss on a movie that hasn’t even been released yet.
Of course we also cover the week’s top entertainment news including a new law requiring websites like IMDb remove an actor’s age upon request, the BBC gets into a bake off battle and why Netflix is getting more original every day.