Showbiz Sandbox 587: How To Succeed on Broadway After a Global Pandemic
June 28, 2022
With this year’s Tony Awards having been doled out, the 29 shows currently running on Broadway are taking stock of what’s working, which ones should stick around and which should stop raising their curtains. At least 14 have announced closing dates or are expected to soon, including some big musical productions. Others are recasting their big stars. But hope springs eternal on Broadway as new plays and musicals gear up to light up the Great White Way.
Meanwhile, “Top Gun: Maverick” has crossed into the billion dollar club making it the first film in Tom Cruise’s career to hit such a milestone. The actor showed up at CineEurope last week for a bit of a victory lap. We’ll bring you all the latest news from the event.
Of course we also cover the week’s top entertainment headlines including the future of K-Pop superstars, BTS, the winners of this year’s BET awards and Apple’s big bet on sports broadcasting.
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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 495: Coming Up With A Popular Method To Calculate Streaming Residuals
May 26, 2020
With audiences spending countless hours streaming video during the coronavirus pandemic, and with some movies once bound for cinemas bypassing theaters and going directly to video-on-demand, the issue over residual payments to those that make all the content has once again become a hot button issue. This especially true since global streaming subscription revenue doubled in four years to $37 billion in 2019 and is expected to hit $62 billion by 2024.
Rather than being based on box office, ratings or profits, when it comes to streaming, residuals turned into a low fixed annual payment, no matter how big a hit your series or movie was. Now the Writers Guild of America has proposed a tiered system based on viewership to make sure residual payments reflect the new streaming reality when it comes to the likes of Disney+, HBO Max and Netflix.
Of course we also cover some of the week’s top entertainment headlines including why “Batwoman” lost its star, People magazine heads to television and Joe Rogan’s podcast payday.
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Showbiz Sandbox 364: Hollywood Averts Another Writer’s Strike With Last Minute Deal
May 2, 2017
Though it came down to the wire and took an all-night negotiating session, Hollywood avoided another costly writer’s strike earlier this week. The Writers Guild of America, which represents upwards of 12,000 movie and television writers, came to a tentative agreement with the Alliance of Motion Picture and Television Producers, which negotiates on behalf of Hollywood studios and networks. The three year contract reportedly resolves several issues including the WGA health plan, how long a writer can be held by a television series as well as parity for online and cable residuals.
In other breaking news, the nominations for this year’s Tony Awards were announced, but it is anyone’s guess which of the four productions up for Best Musical will come out on top. The same is true of the four plays, each of which is by an American playwright making their Broadway debut. The only sure thing is that Bette Midler will win the Best Leading Actress in a Musical Award for “Hello Dolly!”
Meanwhile, after a 15 year decline in which global recorded music lost 40% of its value, the music industry is showing signs of life. You can thank streaming. For the second year in a row, music sales worldwide have increased – that includes physical product, digital and income from streaming.
Of course, we also cover the week’s top entertainment news stories including more layoffs at ESPN, “Saturday Night Live” heads to China (sort of) and Ryan Seacrest gets a new television gig.
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Showbiz Sandbox 320: Is Comcast the New Disney?
May 2, 2016
Comcast announced last week that it would acquire Dreamworks Animation for $3.8 billion, taking another step toward transforming themselves from a cable giant into a full fledged media conglomerate. Meg James, a corporate media reporter for the Los Angeles Times, join us to discuss how, though the deal may not have been anticipated, it makes a lot of sense for both companies.
The purchase is the most recent in a string of acquisitions that have closely mirrored the strategy Disney has executed over the past decade as they gobbled up companies such as Pixar, Marvel and Lucasfilm. Comcast has proven quite adept at turning undervalued assets such as NBCUniversal and Universal Studios theme parks into profitable entities.
Meanwhile, as the Tony Awards season officially kicks off, Broadway is suffering from what is being referred to as The Hamilton Effect. This is a condition in which you open a musical that blends hip-hop and history in a way that not only makes the show a cultural phenomenon, but the inevitable winner of this year’s much coveted Best Musical Tony.
Of course we also cover the week’s top entertainment news including the Daytime Emmy winners, why Fox is pulling out of this year’s Comic-Con convention and how French law enforcement is preparing for the Cannes Film Festival.
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