Showbiz Sandbox 208: Why Studios Are Reshuffling Their Executive Ranks

Movie moguls have always faced unreliable job security, though never more so than over the last two years. Beginning in early 2012 five of the six major Hollywood movie studios have fired their top executives and reshuffled existing management. We discuss what’s causing the studio shakeup and it it will affect the movies we see in years to come.

Soon enough unemployed studio big shots may be able to find work in South Korea’s film industry. With a wave of fresh homegrown talent and exciting new stories finding their way into theaters, the country’s box office has skyrocketed making it one of the world’s strongest movie markets.

When it comes to box office on Broadway, it’s become a tradition for productions to boast when they’ve broken even. This also means we can do some quick math to conclude how much it costs to keep a show up and running on a weekly basis, a figure that many productions don’t always like to share.

Of course, we also cover the week’s top entertainment news stories including David Letterman’s new late night contract, New York City Opera files for bankruptcy and a jury decides a concert promoter is not liable for the death of Michael Jackson.

Continue reading Showbiz Sandbox 208: Why Studios Are Reshuffling Their Executive Ranks

Play

Showbiz Sandbox 207: Which New TV Shows Are Hits? Ratings Alone Won’t Tell You

The new television season got off to a strong start last week with major broadcast networks celebrating higher prime-time viewership. That is what initial ratings results would lead one to believe, though such figures are increasingly inaccurate. Delayed viewing on DVRs and online has made it more difficult than ever to properly measure viewership in a timely fashion.

Changes are also afoot at the Oscars as the Academy is modifying the way animated films are nominated for Best Animated Feature. Rather than rely on a selection committee, a majority of the organization’s 6,000 members will now be able to participate in the nomination process by viewing films on screeners.

Meanwhile as the film industry moves from celluloid film to digital projection, object based audio is also being adopted over traditional channel based surround sound. Major studios recently made the issue more contentious by mandating any new audio be distributed in a common, non-proprietary format. Will this stifle future innovation in the cinema space?

Of course, we also cover the week’s top entertainment news stories including why iTunes music purchases have started disappearing, Robocop returns to Detroit (literally) and “Star Wars” fans draft an open letter to director J.J. Abrams about how to make the franchise.

Continue reading Showbiz Sandbox 207: Which New TV Shows Are Hits? Ratings Alone Won’t Tell You

Play