Showbiz Sandbox 131: Broadway Flops Find New Life On The Road

Even the worst Broadway flops can wind up turning a profit once they begin touring in cities throughout the world. Patrick Healy, the theater news and features reporter for the New York Times, explains how sometimes it doesn’t matter if you make it big on the Great White Way, provided you’re a hit in Buffalo. He also provides a glimpse at what we might see at this year’s Tony awards.

Speaking of awards, the Director’s Guild, Writer’s Guild and Producer’s Guild announced their nominations for end-of-year accolades, helping to further define which films might be in the running for this year’s Oscars. Still, there doesn’t seem to be a front runner for Best Picture.

Music sales were up in 2011 for the first time since 2004. As expected, the sale of digital albums rose significantly as CD’s and other physical copies continued to decline.

Of course, we cover all the week’s top entertainment news including Van Halen’s reunion tour, new trouble for Netflix and the resignation of Disney’s marketing head.

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Showbiz Sandbox 99: How To Fix Hollywood’s Obsolete Residual Payments System

Labor and contract negotiations are a constant concern in Hollywood. Entertainment attorney Jonathan Handel is a contributor to The Hollywood Reporter and has written a book about the industry’s labor disputes,  “Hollywood on Strike!: An Industry at War in the Internet Age“. The book grew out of his coverage of the labor unrest that began with the 100 day Writers Guild strike leading to turmoil in all union negotiations over the next two years. Handel proposes a new formula for residuals that could help avoid future strikes.

Blockbuster, the beleaguered video chain which filed for bankruptcy protection last year, was auctioned off to Dish Networks.  How the acquisition will benefit the satellite television provider remains to be seen.

The Grammy Awards are getting trimmed down as they cut more than 30 categories and combine a number of others.  Music industry professionals are split over whether the changes will help the awards show.

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