Showbiz Sandbox 557: Talent Agents Strike A Deal… for Themselves

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 426: China Gets A Tighter Grip On Its Entertainment Industry

When movie star Fan Bingbing went missing in June there was little doubt that the Chinese government had her in custody for tax evasion. Confirmation came this week when the actress resurfaced, apologizing to the country and begging for “everyone’s forgiveness!”. Chinese authorities have announced Fan will pay at least $70 million in back taxes or face criminal prosecution.

The episode has shined a spotlight on the use of what are known in China as “yin-yang contracts,” wherein two different contracts for different amounts are used; one with the full value of the contract and one with a lower value used with tax agencies. Now that the government seems to have taken notice, the Chinese film and television industry has come to a standstill as everyone restructures their deals to comply with the country’s tax laws.

Speaking of China, Hollywood’s share of the country’s box office for the year is off by roughly $500 million and we wonder why. Back in North America, September grosses nearly set an all time record and October is off to a great start.

Of course we also cover the week’s top entertainment headlines including how Apple is stumbling its way into original TV programming, the RIAA diversifies and Bill Cosby heads to jail.

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Showbiz Sandbox 312: Scripting Those Perfect Grammy Moments

With nominees representing a wide range of genres including pop, country, hip-hop, R&B and rock, this year’s Grammy Awards had a little something for everyone. David Wild, one of the writers responsible for this year’s Grammy telecast and a contributing editor at Rolling Stone, takes a few minutes from his busy schedule to discuss Rihanna’s no-show, Kendrick Lamar’s electric performance and more.

It would seem that anyone who wasn’t watching the Grammys was at the movie theater watching “Deadpool”. The R-rated superhero movie that transformed from a comeback vehicle for Ryan Reynolds to a box office hit to a phenomenon, all in the space of five days.

Meanwhile China was also breaking box office records thanks to the Golden Week holiday associated with Chinese New Years. Plus, the Oscars are getting closer and we’ll report on the latest buzz generated by the BAFTAs and the WGA Awards.

Of course we also cover the week’s top entertainment news including an autobiography from rocker Bruce Springsteen, Disney is sending “Frozen” to Broadway and why media stocks have suddenly taken a nosedive.

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Showbiz Sandbox 289: In Hollywood Fame and Fortune Is Often Relative

There is no dispute that in the entertainment business, just like in any other industry, money is the fuel that keeps the engine running. Yet raising it, accounting for it, paying it back and doling out profits is becoming more complex for media companies. Indeed, making a fortune in show business is anything but easy or straight forward.

Take Relativity Media for example. The upstart movie studio and its brash CEO Ryan Kavanaugh were going to change the way Hollywood operated and movies were made. However now they’ve filed for bankruptcy. We’ll provide some background and explain the details of what could wind up being the largest studio bankruptcy ever.

Movie moguls aren’t the only one’s struggling to mind their dollars and cents. Legendary musician David Byrne wants record labels to be more transparent about where all the money is going in the music business. Meanwhile the Authors Guild has a few thoughts of its own when it comes to copyright and revenue from book sales.

Of course we also cover the week’s top entertainment news including Jon Stewart’s last “Daily Show”, staff turmoil at Rolling Stone magazine and changes afoot in film distribution strategies.

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Showbiz Sandbox 235: When Apple Can’t Beats Them, It Buys Them

As rumors began to circulate that Apple was purchasing Beats Electronics for $3.2 billion everyone from music industry executives to stock market analysts all asked the same simple question – why? The lucrative deal makes perfect sense from Beats perspective, but what does Apple see in the high-end headphone manufacturer that made them spend so much money to acquire the company.

Speculation has centered on two possible reasons, both of which are probably accurate. The first hypothesis is that since Apple already heavily promotes Beats products through their retail stores, they may as well make them a part of the family and keep all the profits. The second theory is that Apple is hoping Beats streaming subscription service can help them with their own streaming music offerings.

With digital music sales first plateauing and now declining, Apple may be predicting that more consumers are wanting to stream their music rather than purchase it. We discuss Apple’s big purchase and provide in-depth analysis on what it means for the company and the state of the music business.

Of course, we also cover the week’s top entertainment news stories including the renewal of “American Idol” for a 14th season, NBC pays billions for the rights to broadcast the Olympics over the next 20 years and Comedy Central finds a replacement for Stephen Colbert.

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Showbiz Sandbox 202: Holy Overreaction, Batman!

You would have thought the world was coming to an end last week when Warner Bros. announced the casting of Ben Affleck as Batman in the upcoming blockbuster which will pair the Dark Knight with Superman. Fans of the Caped Crusader weren’t the only ones to weigh in on the casting choice. Just about everyone on earth seemed to have an opinion (most of them negative) on whether Affleck should put on the Batsuit.

No matter who plays Batman, you can be sure the character will resurface in more films. After all, seven of the top ten grossing movies of the summer were sequels or remakes, helping the 2013 domestic box office stay on track with last year.

Much the moviegoers have gotten used to reboots and sequels, television audiences have grown accustom to having their cable providers blackout networks over licensing disputes just as Time Warner Cable is doing presently with CBS and its affiliated networks. Industry critics and politicians have suggested a la carte cable may help stem such actions, though we’ll explain why it may prove to be a horrible idea.

Of course we also cover the week’s top entertainment news including the launch of iTunes Radio, the return of “Duck Dynasty” and the death of drive in movie theaters.

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Showbiz Sandbox 172: The TV Industry Has Its Head Up Its Ass

Kevin Reilly, chairman of entertainment at Fox Broadcasting, realizes the ways people watch TV have radically and irrevocably changed. He believes the industry has not even remotely caught up to that fact yet. Or, as he puts it, “We have our head up our ass.” We’ll discuss the checklist Reilly provided at recent industry event which touched on every facet of the business.

As the year draws to a close the awards season has begun to heat up as both the Gotham Awards and European Film Awards were handed out last week. We’ll give you a rundown of who the big winners were and which movies are topping the first few year-end critics polls.

In theater news one can make it big with an Off-Broadway production, they just can’t make big money. A few recent hit shows are closing after barely breaking even or never turning a profit.

Of course we also cover the week’s top entertainment headlines including a list of top earning musicians, Jeff Zucker lands at CNN and why China may surpass the United States as the biggest movie market in the world.

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Showbiz Sandbox 153: Hollywood Loses Another Battle In The Copyright War

Fearing that it would restrict freedom of speech, basic civil rights and an open Internet, the European Parliament voted down the Anti-Counterfeiting Trade Agreement (ACTA) last week. The move effectively kills the international anti-piracy legislation that the Motion Picture Association of America (MPAA) and the Recording Industry Association of America (RIAA) have lobbied so hard for. We explain what ACTA’s defeat means for Hollywood and what anti-piracy measures you may be hearing about next.

It’s hard to believe piracy is affecting the entertainment industry. Music sales, which have been in a slow decline over the past decade, are actually up this year thanks to digital sales. Movie box office is also up with studios such as Disney having already earned $1 billion in North America alone.

Billion was also a number subscription movie service Netflix has been using a lot lately. Their customers watched more than a billion hours of content in June. That’s not only a new record for the company, but it would make them more popular than any U.S. cable network.

We also cover the week’s top entertainment headlines including Hollywood’s highest-paid actor, Charlie Sheen’s slipping ratings and why we won’t be seeing “Raging Bull 2” anytime soon.

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Showbiz Sandbox 145: Rise of Playlisters Marks The Death of Music Blogs

Last week Doug Freeman, a music critic for the Austin Chronicle, wrote an opinion piece in response to a Hypebot interview in which Sean Adams, the founder of Drowned In Sound, suggested music blogs are no longer influential. Freeman joins us to explain that if blogs were simply gateways to new music discovery, then the streaming playlister is the new music blogger. New influencers and kingmakers will emerge in a shifting editorial landscape.

We also take you to the first weekend of this year’s Coachella Music Festival where more than 150 acts strutted their stuff to an more than 100,000 attendees. Headliners such as Radiohead and The Black Keys proved to be big hits, but Dr. Dre and Snoop Dogg stole the show by performing with a picture perfect hologram of the late Tupac Shakur.

“The Hunger Games” continues to feast on the North American box office, but the number one movie in the world this past weekend was “Titanic 3D” thanks to a record breaking opening in China.

We also cover the week’s top entertainment headlines including Mel Gibson’s public fight with a screenwriter, an extended run for “Game of Thrones” and an anti-trust lawsuit against major publishing houses.

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