Showbiz Sandbox 624: Hollywood Is Bungling Its Barbenheimer Momentum
August 2, 2023
The idea of counter-programming the simultaneous global release of “Barbie” and “Oppenheimer” over the same summer weekend always seemed like a gamble. But somehow Greta Gerwig’s comedy about a popular toy doll and a Christopher Nolan’s biopic of the renowned nuclear physicist wound up becoming a worldwide phenomenon breaking all sorts of box office records over its first two weeks. Now, instead of capitalizing on this success, Hollywood studios are determined to drag out a dual strike with writers and actors which shows no sign of ending anytime soon.
Having joined the Writers Guild of America on the picket lines, SAG-AFTRA continues to make its case in the court of public opinion. Unfortunately, producers (meaning studios, streamers and networks) aren’t ready to start negotiating a compromise.
Of course we also cover the week’s top entertainment headlines including country music’s big moment, why Disney CEO Bob Iger called in some former senior executives to consult with the company and how video streaming is hitting new heights.
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Showbiz Sandbox 520: Writing Hollywood’s Obituary… Again
December 8, 2020
The film industry is facing an existential crisis due to the COVID pandemic; film productions are struggling to continue, cinema chains have become burdened with debt and studios are sending their blockbuster releases directly to streaming services. In fact, last week Warner Bros. announced that its entire 2021 slate of movies would be released both in theatres and on their streaming service HBO Max, at least in the United States.
Brooks Barnes, a reporter for the New York Times, recently wrote a feature story detailing the death of Hollywood…again. Literally the headline used the word obituary. Barnes joins us to discuss the unprecedented challenges and disruption the industry is facing and helps us understand their overall ramifications.
Of course we also cover some of the week’s top entertainment headlines including why Disney is putting the Fox film library back in its vault, Bob Dylan sells the publishing rights to all of his songs and an all-Spanish album tops the Billboard charts for the first time in its 64 year history.
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Showbiz Sandbox 377: Disney Breaks Up With Netflix To Launch Solo Streaming Service
August 14, 2017
After years of licensing their movies to Netflix, Disney announced last week that it will be launching their own streaming service when their current deal expires. Then in a true reordering of the media landscape, Disney also revealed it will be creating a standalone subscription streaming service for ESPN. Realistically though Disney might be one of the few entertainment companies that could successfully pull off direct-to-consumer strategy on such a grand scale.
Perhaps Disney felt threatened by content distributors like Netflix and felt compelled to make a move. After all, just days after making their announcement Netflix said it had lured producer Shonda Rhimes away from Disney’s ABC Studios to make original programming for its own service. Netflix also stole hitmaker Chuck Lorre away from CBS and cut a deal with the Coen Brothers to make one of their next projects.
Meanwhile, there’s lots of drama on Broadway, literally and figuratively. Everyone is talking about the collapse of the musical “Natasha, Pierre and the Great Comet of 1812,” which has charges of racism, unprofessionalism and bad management swirling around it. Now the show is closing long before its $12 million budget was recouped.
Of course, we also cover the week’s top entertainment news including how Warner Music Group posted big revenue gains thanks to streaming, Bruce Springsteen heads to Broadway and the emergence of a new Chinese media magnate.
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Showbiz Sandbox 362: What’s The Flipping Problem With Record Store Day?
April 17, 2017
This year’s Record Store Day is just days away, but what began as a way to support independent record stores has turned into a covert commercial endeavor for those reselling the event’s exclusive vinyl releases at exorbitant prices. Sal Nunziato, a former record store owner himself, joins us to discuss why he’s never been all that fond of the annual promotion.
These days Nunziato is a music blogger and drummer in the band the John Sally Ride. Their new album, “A New Set of Downs” will be released later this year, but in a unique twist, is already available on platforms such as Spotify and Soundcloud. He’ll tell us all about it.
Meanwhile, even though ESPN has lost 12 million subscribers in the past six years, the cable sports network is still very profitable, generating $11 billion per year for its owner, Disney. But with skinny cable bundles and online streaming eating into its subscriber base, ESPN is girding itself for an unknown future.
Of course, we also cover the week’s top entertainment news stories including the launch of YouTube TV, Spotify finally signs a new deal with a major record label, and Harry Potter wins big it at this year’s Olivier Awards.
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Showbiz Sandbox 280: French Films Win Big In Cannes This Year
May 26, 2015
The 68th annual Cannes Film Festival wrapped up over the weekend with the French drama “Dheepan” winning the Palme d’Or. In a festival filled with artistic works commenting on modern social issues, director Jacques Audiard’s film tells the story of three Sri Lankan refugees who form a family-of-convenience while fleeing to France in hopes of a better life.
Anne Thompson, Editor-at-Large for Indiewire, joins us to discuss the highs and lows of this year’s Festival de Cannes, which include many of the films that took home awards, not to mention a 3D porno. But as Thompson explains, many of the big buzzworthy films were Hollywood titles screened out-of-competition; “Mad Max: Fury Road” and “Inside Out” come to mind.
Time Warner Cable meanwhile, fresh from having broken up with their previous suitor, Comcast, may now be acquired in a $56.7 billion deal. Though this move was widely expected, it is an indicator of how the market is attempting to stay ahead of the fast changing ways by which audiences consume television content.
Of course, we also cover the week’s top entertainment news stories including the David Letterman’s signs off the “Late Show” one final time, Jennifer Lopez is taking up residency in Las Vegas for a string of shows next year, and multi-hyphenate Barbra Streisand is penning her memoirs.
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Showbiz Sandbox 272: Why The TV Industry Is Fighting Over Your Viewing Habits
March 9, 2015
Time-shifting content consumption has grown astronomically over the past several years thanks to technology like streaming and DVRs. Nearly half of all TV viewers no longer watch shows when they are first aired, upending the traditional ratings system used to measure audiences. Networks now want advertisers to pay for all the viewers of a program up to a week after its original telecast.
Presently, advertisers only pay for viewers of a show during the first three days after its broadcast, a timeframe the don’t wish to extend. Complicating the matter is a dramatic increase in the number of shows airing during primetime, fracturing audiences and forcing ad execs to sift through 1,700 programs in which commercials can be placed.
Buying ad time during the Academy Awards ceremony is usually a no-brainer for marketing moguls, however the Oscars telecast has become so predictably dull that it’s audience has begun to shrink. In an effort to boost ratings, the Academy’s Board of Governors is now hinting they may revert back to having only five Best Picture nominees, rather than the potential of ten. We debate why this is not such a good idea.
Of course, we also cover the week’s top entertainment news stories including the high profile court battle over the authoriship of a hit song, NBC goes over-the-top and Bruce Willis heads to Broadway.
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Showbiz Sandbox 261: Sony Hack Gives New Meaning To The Term Box Office Bomb
December 16, 2014
As if Sony Pictures didn’t have enough to worry about with all their corporate emails and documents being leaked by hackers, now the perpetrators of the cybercrime have threatened movie theaters showing “The Interview” with terrorist attacks. What started out as a voyeuristic peek at the inner workings of a Hollywood studio has turned into a far more serious international incident. This has left the media questioning their own ethics and culpability for originally publishing portions of Sony’s stolen data.
With Sony’s dilemma getting so much attention, the announcement of this year’s Golden Globe and SAG Award nominations seemed rather subdued and tame by comparison. Maybe that’s because an awards season front runner has yet to emerge, or possibly because everyone is just tired of award shows.
Thanks to a listener email, we also discuss why the difference between screens and theaters matters when tallying up box office. The two words are often improperly used interchangeably.
Of course, we also cover the week’s top entertainment news stories including David Letterman’s final show, the latest inductees to the Rock and Roll Hall of Fame and this year’s lack of platinum albums.
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Showbiz Sandbox 247: Everything You’ve Heard About This Summer’s Box Office Is Wrong
September 1, 2014
Listening to the chorus of industry naysayers or reading all the media reports might lead you to believe this year’s summer movie season was a complete financial disaster from which Hollywood could not recover. Granted, North American box office declined 15% from the same period last year, marking an 8 year low, and attendance was off by 5%. Even so, there were no huge flops over the summer and certainly none that would send a shiver down the spine of studio execs.
In fact, most of this summer’s releases will make money when international receipts are added to their theatrical grosses. The only problem with that, as Ben Fritz of the Wall Street Journal points out, is that not all box office dollars are counted equally when they are earned overseas.
We’ll also discuss how giant telecom companies are trying to maintain their stranglehold on the Internet in the United States by preventing cities from offering broadband to residents as a public utility. Such legal skirmishes are becoming more important as we move toward streaming services for movies and music.
Of course, we also cover the week’s top entertainment news stories including a new children’s book written by Bruce Springsteen, the first woman ever chosen to head the BBC and a King Arthur movie franchise may finally become a reality.
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Showbiz Sandbox 246: The Emmys Have A Hopeless Scheduling Problem
August 26, 2014
It’s bad enough that the Emmy Awards honor the exact same talent and television shows every year. Now, the Emmys are really growing stale by handing out prizes to shows that finished airing before last year’s ceremony. Unfortunately, as television migrates to year round programming, there is no good time to schedule the Emmys which would make them feel more timely or relevant.
The industry-at-large was likely glad to see at least one aspect of the Emmys go unchanged as shows from broadcast and cable networks continue to win the most awards over shows from streaming services such as Netflix, which went home empty handed. There also, thankfully, seems to be a voter backlash against shows positioning themselves in odd categories.
Meanwhile, August has proven to be the cruelest month for show business with the untimely death of actor Robin Williams and the passing of Hollywood legend Lauren Bacall, among others.
Of course, we also cover the week’s top entertainment news stories including Amazon public relations battle with Hachette over e-book pricing, Jimmy Fallon comes out on top in the late night television war, and Anne Rice’s Vampire Lestat may see new life on the big screen.
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Showbiz Sandbox 232: Coachella Goes Over The Top, Figuratively and Literally
April 14, 2014
In its 15 year history the Coachella has grown from a two day event with a couple dozen bands to one of the world’s most important music festivals with so many VIP luxury amenities that some have argued the high-priced perks have begun overshadowing the actual music. At the same time, Coachella organizers have made it easier than ever for stay-at-home-fans to catch their favorite artists by streaming the whole first weekend live on YouTube.
Speaking of VIP entertainment experiences, there is a brewing battle over premium large format screens at multiplexes all over the world. You might know these types of auditoriums as IMAX, though not for long if your local cinema chain has anything to say about it.
Since it’s tax time here in the United States we uncover a few stories about how movie, television and theatre productions are not only skipping out on their taxes, but in fact getting huge subsidies courtesy of the tax man in most states.
Of course, we also cover the week’s top entertainment news stories including Stephen Colbert’s move to replace David Letterman, the motion picture Academy’s new high profile curator and James Cameron’s complaints about the latest blockbuster movies.
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