Showbiz Sandbox 634: Spotify Gets Book Smart

October 10, 2023

Spotify, the music streaming service, is going all in on audiobooks in hopes of attracting and maintaining subscribers. Previously, Spotify offered some audiobooks for sale. Now the company’s 220 million premium subscribers get 15 hours of free audiobook listening each month. The service is launching with 150,000 titles and will pay publishers based on consumption.

Meanwhile, while the writers’ strike may be over, actors continue to walk picket lines outside Hollywood studios, networks and streamers. The good news is that SAG-AFTRA and the AMPTP are finally sitting down to negotiate a new contract.

Of course we also cover the week’s top entertainment headlines including how Taylor Swift’s film is breaking records even before its release, Dreamworks Animation plans to outsource production and why Wall Street financiers are souring on investing in entertainment companies.

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Showbiz Sandbox 466: How Hollywood Kowtows to China

October 28, 2019

Entertainment companies are finding themselves in compromising positions when it comes to avoiding political pitfalls in China. Movie studios and media conglomerates don’t want to disrupt their bottom line by appeasing Chinese authorities while surrendering their creative freedom. The result is that companies distributing content in China find themselves censoring themselves.

“South Park,” on the other hand, chose an alternative path; directly offending the Chinese government and immediately being banned throughout the country. Even when companies do kowtow to the Chinese government, they find themselves getting into trouble at home and abroad. Just ask the producers of the animated film “Abominable,” an animated film which was banned in the country for showing a map that favored China’s disputed territorial claims.

Meanwhile, the new television season started. Not that you’d know it based on the ratings, which are down almost any way you slice them. And the clear message is this: people’s viewing habits have changed, probably forever, and it’s not going to help TV channels trying to sell eyeballs to advertisers.

Of course we also cover the week’s top entertainment headlines including a tie for this year’s Booker Prize, Netflix somehow adds even more subscribers and a big Hollywood talent agency scraps its long awaited IPO.

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Showbiz Sandbox 360: Can Spotify Come To Terms With Major Record Labels?

March 20, 2017

Even as Spotify has grown into the largest subscription streaming music service in the world, all of the company’s long-term licensing deals have expired and it has struggled to negotiate new ones that will help them lower costs and become a viable business. However new reports have emerged that Spotify may be close to reaching new licensing deals after agreeing to some strict terms from the labels.

Among these are marketing guarantees, the windowing of major releases and only placing full albums on the premium paid tier of their service. Spotify may have no choice but to accept the labels’ offer otherwise their much-anticipated IPO may fall apart once and for all.

Unlike Spotify, Netflix is a subscription streaming company that is at the top of its game and isn’t worried about squabbling with its content partners. Instead, the company has been busy altering its star rating system, restoring and lost Orson Welles film and bad-mouthing movie theaters.

Of course, we also cover the week’s top entertainment news stories including the opening of Disney’s live-action “Beauty and the Beast” sets box office records, the head of the MPAA goes M.I.A. at CinemaCon and Saturday Night Live makes plans for prime time segments. Read more

Showbiz Sandbox 344: Did the Media Bungle The 2016 Election?

November 14, 2016

We don’t cover politics on Showbiz Sandbox per se, however we do provide analysis and commentary on the worldwide media and entertainment industries. Thus, we discuss the role, and some might say the culpability, of the news media in the outcome of the 2016 presidential election. While there is no doubt some divisiveness over the election of president-elect Donald Trump, there seems to be unanimous consensus that mainstream media blew it… bigly.

We also take a look at the impact the results of this year’s presidential election will have on the entertainment business. Deals currently in the works may have a tougher time getting approved, and decisions that passed years ago may be in danger of being overturned.

China meanwhile has passed a new film industry law intended to crack down on box office fraud and promote “core socialist values”. It weaves a new layer of protectionism into the business by requiring that two thirds of the country’s movie screens be reserved for Chinese films.

Of course we also cover the week’s top entertainment news including the why IMDb is going to court over its right to post actors ages, Universal Pictures makes some changes at DreamWorks Animation and Robert Redford’s retirement plans.

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Showbiz Sandbox 333: Predicting The Biggest Box Office Flops of 2016

August 31, 2016

Much has been made about the decline in box office this summer, with franchise sequels underperforming and certain pricey movies failing to attract an audience. Kevin Lincoln, a senior editor at New York Magazine and Vulture, takes a look at this summer’s biggest flops and predicts which mega-budget releases might suffer a similar fate as we round out the year.

In China it might be more difficult to know which movies are box office disappointments or crowd favorites since online and mobile ticketing companies have been offering hefty subsidies to cinemagoers in their heated battle for market share. This means the gross of any release is almost always higher than what moviegoers actually paid to see it.

We’ll also dip back into audience figures from the recently completed Summer Olympics in Rio. This time however we have some data about viewership in Europe, Canada and elsewhere. To nobody’s surprise, more people streamed coverage online than ever before.

Of course we also cover the week’s top entertainment news including how Netflix international subscribers will soon outnumber those in the United States, a changing of the guard at Twentieth Century Fox gets expedited and the late Prince’s home and music studio is set to become a museum.

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Showbiz Sandbox 320: Is Comcast the New Disney?

May 2, 2016

Comcast announced last week that it would acquire Dreamworks Animation for $3.8 billion, taking another step toward transforming themselves from a cable giant into a full fledged media conglomerate. Meg James, a corporate media reporter for the Los Angeles Times, join us to discuss how, though the deal may not have been anticipated, it makes a lot of sense for both companies.

The purchase is the most recent in a string of acquisitions that have closely mirrored the strategy Disney has executed over the past decade as they gobbled up companies such as Pixar, Marvel and Lucasfilm. Comcast has proven quite adept at turning undervalued assets such as NBCUniversal and Universal Studios theme parks into profitable entities.

Meanwhile, as the Tony Awards season officially kicks off, Broadway is suffering from what is being referred to as The Hamilton Effect. This is a condition in which you open a musical that blends hip-hop and history in a way that not only makes the show a cultural phenomenon, but the inevitable winner of this year’s much coveted Best Musical Tony.

Of course we also cover the week’s top entertainment news including the Daytime Emmy winners, why Fox is pulling out of this year’s Comic-Con convention and how French law enforcement is preparing for the Cannes Film Festival.

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Showbiz Sandbox 314: As Expected, The Oscars Shine A Spotlight On Diversity

February 29, 2016

In a year when the Academy Awards were faulted for a lack of diversity among its nominees, ceremony host Chris Rock addressed the #OscarsSoWhite controversy head on in his opening monologue by mixing pointed criticism with biting humor. Anne Thompson, Indiewire’s editor at large, brings us along as she attends the 88th annual Oscars and explains just how difficult it was to predict this year’s winners.

Mind you, award season never really ends. France handed out their own awards for last year’s top movies and we’ll tell you who won all the big prizes at the Cesars. We even look at the nominations for the Olivier Awards, the London theater equivalent to the Tonys. Literally hours after winning his first Oscar, Mark Rylance was nominated again, this time for his performance in “Farinelli and the King”.

Meanwhile, Barnes & Noble is planning to imitate its online rival Amazon by, oddly enough, opening new brick and mortar stores. And a reissue of the Alex Haley bestseller Roots brings up everything from copyright to the question of when a book goes out of print to ebook pricing.

Of course we also cover the week’s top entertainment news including how Netflix and other streaming services have decimated video sales, PBS will launch its own cable network and Adele tops the Brit Awards.

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Showbiz Sandbox 310: Diversity Makes A Comeback At Sundance

February 2, 2016

This year’s Sundance Film Festival wrapped up over the weekend in historic fashion by awarding the dramatic competition grand jury and audience prizes to “The Birth of a Nation”, a historical biopic a Virginian slave revolt. The film made headlines earlier in the week when Fox Searchlight purchased the film for a record $17.5 million after beating out Netflix in a heated bidding war.

We’ll tell you about all the big Sundance awards and continue the Oscar season slog, in which this year’s front runners are as mixed up as a Republican presidential primary. SAG added to the confusion, making “Spotlight” this week’s hero, after “The Big Short” looked like a winner the week before.

Meanwhile the Federal Communications Commission is about to vote on ending the monopoly of set top boxes for US cable subscribers, a decision that could have big ramifications for everything from what you watch to the stock prices of numerous tech companies, including Apple and Roku.

Of course we also cover the week’s top entertainment news including Louis CK bypasses television networks and brings his new series directly to viewers, Pope Francis gets ready for his closeup in a feature film and sales of new music were outpaced by catalogue titles over the past year.

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Showbiz Sandbox 296: Entertainment Industry Numbers Are Often A Comedy of Errors

September 28, 2015

It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.

Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.

Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.

Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.

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

August 10, 2015

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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