Showbiz Sandbox 640: Hollywood Has Always Been Addicted To Sequels
November 28, 2023
If moviegoers have grown tired of endless sequels and franchise reboots, as some will have you believe, then Hollywood studios may be in big trouble. In 2024, a new sequel will be released every other week, including another Godzilla movie, Dune 2, a new Ghostbusters, a new Kung Fu Panda, another Mad Max film, Deadpool 3, Inside Out 2, the next Planet of the Apes movie and a new Despicable Me. Yet, Hollywood’s love affair with sequels is as old as the film business itself.
Meanwhile, in the music industry, comedian Bo Burnham hit a landmark on the Billboard charts, the performing rights organization BMI ditches its nonprofit status, and musical duo Daryl Hall and John Oates are suing each other.
Of course we also cover the week’s top entertainment headlines including Disney’s horrible year continues with its latest animated film, Taylor Swift gives herself a birthday present and spending on productions for streaming services hits an all time high in Europe.
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Showbiz Sandbox 598: Streaming Growth Goes International
November 9, 2022
It’s no secret that streaming services have been affecting every part of the entertainment business in one way or another, from movies and television to music sales and book publishing. After the latest round of earnings announcements from major media conglomerates a few realities become clear; producing original content for direct-to-consumer streaming offerings is costing a fortune and any significant subscriber growth is going to come from overseas territories.
Meanwhile, Taylor Swift’s latest album, “Midnights” might be topping the sales and Billboard charts, however it won’t be eligible for a Grammy in 2023 because it was released after September 30th of this year. The same goes for Bruce Springsteen, Charlie Puth, Gorillaz, Red Hot Chili Peppers, 1975, Carly Rae Jepsen, Arctic Monkeys and Smashing Pumpkins. On the other hand, Silk Sonic have decided not to have their debut album compete for an Album of the Year Grammy.
Of course we also cover the week’s top entertainment headlines including why K-Pop phenoms BTS are headed to the army, how the performing rights organization BMI is becoming a for-profit entity and embattled actor Kevin Spacey is found not liable in a sex abuse lawsuit.
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Showbiz Sandbox 583: The Long and Winding Road to Box Office Recovery
May 10, 2022
With each new superhero blockbuster that hits multiplexes it is clear that big well-done movies can score big at the box office. However it is a huge mistake to treat every new release as the barometer of whether cinema is back. Especially when smaller films like “Everything Everywhere All at Once” and family movies like “Sonic the Hedgehog 2” are proving just as successful in getting post-pandemic audiences back into theaters.
Meanwhile, record labels and streaming services have been fighting with music publishers over mechanical royalties for years now.
However, in a tentative deal on actual music sales, the mechanical royalty will rise more than 30% from 9.1 cents per track to 12 cents. Moving forward, the royalty will be pegged to inflation.
Of course we also cover the week’s top entertainment headlines including this year’s Tony Nominations, Dave Chappelle gets attacked on stage during a performance and a new class of Rock and Roll Hall of Fame inductees.
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Showbiz Sandbox 557: Talent Agents Strike A Deal… for Themselves
October 5, 2021
In yet another sign that the entertainment industry is consolidating, Creative Artists Agency, one of Hollywood’s most powerful talent agencies, announced it would acquire ICM Partners, the fourth largest player in the space. Is the move meant to help CAA gain leverage when negotiating with streaming giants like Netflix, or is it all about ensuring success on Wall Street for its biggest investor? And what will this mean for smaller agencies which may actually stand to benefit from the deal?
Meanwhile, this year’s Tony Awards honoring Broadway’s brightest were finally held with a live audience. However, some productions in both New York and London are stumbling as they turn on their marquees for the first time since the COVID pandemic began.
Of course we also cover the week’s top entertainment headlines including how James Bond and Venom are competing for box office glory, Scarlett Johansson settles her “Black Widow” lawsuit with Disney and the labor strike that could shut down Hollywood.
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Showbiz Sandbox 551: The Significance of the Scarlett Johansson vs. Disney Lawsuit
August 10, 2021
Scarlett Johansson is suing Disney for breach of contract after the studio released “Black Widow” both in movie theaters and its own streaming service at the same time. The actress believes Disney’s distribution strategy is preventing her from earning millions in box office bonuses but instead enriches the company’s top executives. The outcome of the case could determine how or if back end deals on movies are offered to above the line talent in the future.
Meanwhile, as film and television production levels in Hollywood return to pre-COVID levels, the pandemic is once again dragging down the international box office. It may start doing so on Broadway and at concerts as vaccines will be required to gain entrance.
Of course we also cover the week’s top entertainment headlines including how comedian Louis C.K. hopes to make a comeback with a national tour, the game show “Jeopardy” may have found a replacement for Alex Trebek and Doctor Who plans a vacation.
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Showbiz Sandbox 374: Streaming Services Rack Up 2017 Emmy Nominations
July 18, 2017
When this year’s primetime Emmy nominees were announced HBO still lead the way with 111 nominations, including 22 for “Westworld”, but streaming services such as Netflix and Amazon are quickly gaining ground with their own popular shows. Even Hulu managed to push their way into the Emmys for the first time with 13 nominations for “The Handmaid’s Tale”.
The only thing that remained the same about the Emmys from previous years is that some shows were nominated that shouldn’t have been, while others weren’t nominated but should have been. Don’t get us started on the TV episode that was somehow nominated for Outstanding Television Movie.
One series that wasn’t nominated for an Emmy was “Hawaii Five-O”, the hit CBS show which had two of its main actors depart after a contract dispute that became a flashpoint over the salaries and casting of minority talent.
Of course, we also cover the week’s top entertainment news including why a major Chinese entertainment company is taking a hit on the stock market after criticism from government officials, Tyler Perry signs a producing deal with Viacom and Quincy Jones sues the Michael Jackson estate over royalty payments.
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Showbiz Sandbox 353: Streaming Giants Raise Ante at Sundance Film Festival
January 30, 2017
As if it wasn’t difficult enough for distributors to find a commercial title amidst the hundreds of films premiering at the Sundance Film Festival each January, video streaming companies such as Netflix and Amazon have entered the bidding causing acquisitions prices to rise for the entire market. Anne Thompson, Indiewire’s editor-at-large, has just returned from Sundance where she reports most of the films were good, though maybe not good enough to win any Oscars in 2018.
As for this year’s Oscars, the frontrunners became a little more clear with the Producers Guild and Screen Actors Guild handing out their awards over the weekend. “Hidden Figures” surprised many by taking home the SAG Award for Outstanding Performance by a Cast in a Motion Picture during a politically charged ceremony.
Speaking of industry unions, the Directors Guild of America has signed a new contract with producers that gives its members significant raises in subscription video-on-demand residuals. This is welcome news for directors who missed out on sharing in DVD and Blu-ray revenue over the past decade.
Of course, we also cover the week’s top entertainment news stories including the launch of a brand new vinyl record factory, Jeffrey Katzenberg’s new venture and streaming music company Tidal finds a new investor.
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Showbiz Sandbox 317: Bundling Cable Networks May Work For Advertisers, But Not For Cable Customers
April 4, 2016
In yet another sign that the difference between broadcast and cable networks is eroding, NBCUniversal announced that it would include all of its cable outlets in their traditional upfront presentation to advertisers for NBC. By combining shows from networks such as Bravo, Telemundo and Oxygen with the big primetime hits on NBC, the Comcast owned media giant is signaling that the best way for advertisers to reach viewers is through aggregating audiences.
Time Warner Cable, on the other hand, is struggling to distribute its own content through different cable providers. Specifically, none of the other pay-TV companies is willing to force their customers to pay for SportsNet LA, the regional sports network owned by the Los Angeles Dodgers. Could this be an indication that cable operators finally understand that technology will force them to unbundle their basic cable offering?
Meanwhile, short, cheap and entertaining books – once called dime store novels or pulp fiction – are making a comeback. As are serialized novels, short stories and lots of things that don’t fit into the 250 pages or more standard of most books today. Technology and the need to hold the attention of readers are the reasons it’s happening.
Of course we also cover the week’s top entertainment news including the controversial film pulled from the Tribeca Film Festival lineup, the death of comedian Gary Shandling and the porn industry gets into virtual reality.
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Showbiz Sandbox 215: How Many Music Streaming Services Does It Take To Make A Profit?
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.
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Showbiz Sandbox 200: Should George Clooney Run For President?
August 5, 2013
Hedge fund manager Daniel Loeb began buying up Sony stock earlier this year and is now pressuring the electronics manufacturer to spin-off its entertainment divisions. After comparing two of Sony’s summer releases to historic flops such as “Waterworld”, actor/director/producer George Clooney could take no more. In an intelligent, coherent and well thought out rant, Clooney argues that, “ A guy from a hedge fund entity is the single least qualified person to be making these kinds of judgments.”
Karen Woodward, our former co-host, joins us for our 200th episode and was quick to point out that Clooney not only sounded smart in his statements, but also like a future political candidate. Given the state of American politics however, Clooney might find the back stabbing nature of Hollywood more friendly.
These days it seems a little political muscle is required to work in the entertainment industry. After all, Time Warner Cable has blacked out the CBS network for millions of customers over an ongoing retransmission dispute. Meanwhile, Hollywood studios haven’t been paid all year for movies they’ve released in China.
Of course we also cover the week’s top entertainment news including the Academy’s historic new leader, a new Doctor Who and how holograms are replacing musicians at concerts in Korea.
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