Showbiz Sandbox 595: Vinyl Sales and Payola on the Rise in Music Industry
September 28, 2022
With mid-year music revenue figures finally tallied it appears the growth of streaming music has begun to slow as vinyl sales has increase. Also on the rise are reports of payola as indie music artists can’t seem to get played on the radio without paying promoters for the privilege of being put in rotation. These promoters are using a loophole in the law which prevents record labels from paying radio stations in exchange for airplay.
Another loophole allows radio stations in the United States to avoid paying musical performers and creators when their song is actually played. The American Music Fairness Act looks to change that which will have a big impact on terrestrial radio.
Of course we also cover the week’s top entertainment headlines including how James Earl Jones will continue to provide the voice of Darth Vader thanks to artificial intelligence, Spotify gets into Audiobooks and Rihanna heads to the Super Bowl for the halftime show.
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Showbiz Sandbox 277: CinemaCon Predicts A Bright Future For Moviegoing
April 27, 2015
When theater owners and film distributors from around the world convened last week for CinemaCon in Las Vegas they were presented with a slate of upcoming blockbusters and cutting edge innovations which forecast an optimistic future for the industry. After ending last year with the most depressed box office returns in recent memory, 2015 is shaping up to break all records with at least four films potentially grossing more than a billion dollars.
Adding to the optimistic outlook are emerging technologies that enhance the experience of going to the cinema. Upgrades such as immersive sound, laser projection and high dynamic range may help lure certain demographics back to theaters. Teenagers and young adults, for instance, have seen declining attendance since 2007 as the number of on-demand entertainment options began expanding.
Meanwhile, cable giant Comcast called off its $45 billion acquisition of Time Warner Cable after government agencies informed the company they would actively work to block the merger. Regulators believed the deal, which many feared but felt would ultimately be approved, might allow Comcast to dominate not just cable television, but more importantly high speed Internet access.
Of course, we also cover the week’s top entertainment news stories including the end of “Sabado Gigante”, how WikiLeaks got involved in the Sony cyberattack and Netflix just keeps growing.
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