February 6, 2017
President Donald Trump’s selection of Ajit Pai to chair the Federal Communications Commission has moved quickly to rollback consumer protection regulations long thought to be settled; specifically net neutrality. Rules put in place to ensure an open internet allowing every company to compete on equal footing could get thrown out for ones that favor four telecom giants. That could mean record labels, movie studios, streaming music and video providers wind up paying much more to reach audiences.
In addition, Pai threw out proposed rules that would have allowed cable subscribers to purchase their set top boxes. Consumers in the United States presently pay $200 or more per year to rent such equipment putting $20 billion annually into the pockets of video providers. Will legislative bodies in other countries take similar stances in the wake of such F.C.C. moves?
This all comes as streaming music revenue has helped slow or reverse years of declining income sales for record companies. Nielsen music reports that streaming platforms provided 38% of total audio consumption in 2016, up from 23% in 2014. In fact, these days a glut of streaming music providers are trying just about everything to differentiate themselves in what has become a crowded marketplace.
Of course, we also cover the week’s top entertainment news stories including Disney’s $100 million anti-poaching settlement with animators, Oprah Winfrey joins “60 Minutes” and which media outlets have backed out of the annual White House Correspondents Dinner.
September 16, 2014
Anne Thompson, an editor at Thompson on Hollywood and Indiewire, just spent the past two weeks at the Telluride and Toronto Film Festivals before she heads off to the New York Film Festival. Thompson takes us through some of the noteworthy films we’ll be seeing in coming months and discuss the important role festivals play in creating buzz before a movie’s commercial release.
The competition for landing premieres of noteworthy titles has become so fierce that Toronto switched up its programming this year to give less prominence to any film screening a week earlier at Telluride. One aspect of each festival which is unlikely to change is their reputation for selecting films that go on to win Best Picture Oscars.
While fall festivals might be the talk of the film industry, television executives have been preoccupied with their over-the-top strategies. As audiences switch to OTT offerings from Amazon to Roku, networks are experimenting with direct-to-consumer offerings while contending with increasingly meaningless overnight ratings.
Of course, we also cover the week’s top entertainment news stories including opting-out of a free U2 album, Microsoft picks up “Minecraft” and Netflix’s invasion of Europe.
December 2, 2013
Just when you thought the online music streaming space couldn’t get any more crowded or competitive, along comes Deezer. The French company already boasts 5 million paying subscribers in 80 countries and now plans to launch in the United States, where Spotify and Pandora are the market leaders. However, none of these companies are actually profitable, which may be why services like Rdio went through a round of layoffs in November and Turtable.fm is shuttering.
Profitability seems to be an issue for Sony Pictures too. The movie studio lost $181 million last quarter leading to the announcement of significant cost cutting measures in the wake of some summer box office duds.
Disappointing earnings and a declining subscriber base are also a problem at Time Warner Cable. As telcos and satellite providers continue to erode their market share, rumors have begun swirling that the second largest cable operator in North America might be acquired by one or more of its competitors, including Comcast.
Of course, we also cover the week’s top entertainment news stories including the Thanksgiving weekend’s record breaking box office, “Spider-Man: Turn Off The Dark” lowers the curtains on its Broadway run and the mediocre sales figures of Lady Gaga’s latest album.
June 3, 2013
If you ever wonder whether you should really go see a new hype band perform live or want to warn friends not to bother with a legendary act’s latest reunion tour, then then you’ll be happy to learn about ShowScoop. The new social media website and mobile app bills itself as a “Yelp for concerts”. Company founder Micah Smurthwaite tells us how you’ll never have to see a bad show again and how bands can use the service to help promote their work.
We also have a complete rundown of BookExpo America, the largest North American trade show for book publishers. Held in New York City over the last week, Michael Giltz fills us in on the event, specifically detailing how digital technology has shaken up the industry.
Broadway’s best and brightest will be honored this weekend during the Tony Awards. Unfortunately, attendance at Broadway productions declined six percent over the past season, though revenue remained flat.
Of course we also cover the week’s top entertainment news including Disney’s ambitious long-term release schedule, Dan Harmon’s return to “Community” and a request to shorten the length of movie trailers.