Showbiz Sandbox 167: The Digital Age Crushes Variety

October 15, 2012

Last week the venerable trade paper Variety, which has been covering the entertainment industry for more than 100 years, was sold to Penske Media Corporation for $25 million. Dana Harris, the editor-in-chief of Indiewire, spent 11 years at Variety and she joins us to discuss the past, present and future of a news outlet that has struggled to adapt in an online world.

Of course, the music world is quite familiar with how digital technology can disrupt existing markets. Digital radio pioneer Pandora is pushing legislation regarding the royalties they pay to artists. This past week they made public some the big checks they’ve been writing to individual musicians.

The royalties for a bunch of super heroes are also being disputed. Stan Lee Media is suing Marvel to get a cut of all that “Avengers” money and the daughter of Superman creator Jerry Seigel is duking it out with Warner Bros. over copyright claims.

Of course, we also cover the week’s top entertainment news including a break for Louis CK, CNN gets into the documentary film business, and how New Zealand is literally minting money for “The Hobbit”.

Read more

Showbiz Sandbox 83: The Social Network Tops Critics Year-End Picks

December 13, 2010

Even the latest “Chronicles of Narnia” film can’t steal the spotlight from “The Social Network”. David Fincher’s little Facebook movie is the toast of critics groups throughout the country with most selecting it as the year’s best film. “Blue Valentine” may be getting overlooked when it comes to top awards, but the MPAA decided to downgrade the film’s NC-17 rating to a more marketable R.

Spotify, Europe’s leading online music service, still hasn’t launched in the United States thanks to licensing disputes with the record labels. We’ll just have to be satisfied with watching music videos on YouTube where artists like Rhianna, Eminem and Justin Bieber rake in millions from advertising.

Disney and ABC aren’t relying on YouTube to make money online with their television shows. Instead, they struck a lucrative licensing deal with Netflix who will stream the shows to to paying subscribers.

Read more