September 1, 2014
Listening to the chorus of industry naysayers or reading all the media reports might lead you to believe this year’s summer movie season was a complete financial disaster from which Hollywood could not recover. Granted, North American box office declined 15% from the same period last year, marking an 8 year low, and attendance was off by 5%. Even so, there were no huge flops over the summer and certainly none that would send a shiver down the spine of studio execs.
In fact, most of this summer’s releases will make money when international receipts are added to their theatrical grosses. The only problem with that, as Ben Fritz of the Wall Street Journal points out, is that not all box office dollars are counted equally when they are earned overseas.
We’ll also discuss how giant telecom companies are trying to maintain their stranglehold on the Internet in the United States by preventing cities from offering broadband to residents as a public utility. Such legal skirmishes are becoming more important as we move toward streaming services for movies and music.
Of course, we also cover the week’s top entertainment news stories including a new children’s book written by Bruce Springsteen, the first woman ever chosen to head the BBC and a King Arthur movie franchise may finally become a reality.
June 16, 2014
An infamous entertainment industry journalist who causes Hollywood executives to break into cold sweats is back on the interwebs. Nikki Finke, the founder and former editor of Deadline Hollywood whom the New York Times once dubbed “a digital-age Walter Winchell”, launched her new website last week. Using her trademark brash and personal writing style, Finke admits she is ready to spill some show business blood.
Amazon appears to be just as aggressive as Finke when negotiating with their suppliers. First the online retailer started making it difficult to purchase books from the publisher Hachette. Now they’re taking the same approach with Warner Bros. movies as they come to a new agreement with the studio. According to PriceWaterhouseCoopers we’ll all be buying more of our media on digital platforms rather than physical ones anyway.
The platform the Metropolitan Opera cares most about is the stage. However New York’s opera company is weathering some tough negotiations of its own as it tries to balance big salaries with a shrinking endowment. A recent tax filing has revealed the Met’s inner financial workings, including some of the hefty salaries it pays to employees and performers.
Of course, we also cover the week’s top entertainment news stories including Matt Lauer extends his contract at NBC, Bjork gets selected by the Museum of Modern Art and actor Harrison Ford takes that “break a leg” saying to a whole new level on the set of the new Star Wars movie.
June 9, 2014
This year’s Tony Awards spread the love around with many of the Broadway season’s most lauded shows taking home trophies. “A Raisin in the Sun” won several awards including best revival of a play. Actor Bryan Cranston earned a Tony for his portrayal of President Lyndon Johnson “All The Way”, which also won best play. The critical darling “A Gentleman’s Guide to Love & Murder” walked off with one of the night’s biggest awards, best musical.
Meanwhile Audra McDonald made history by winning her sixth Tony for acting, the most ever won by a performer. There were very few surprises during this year’s ceremony, accept for maybe host Hugh Jackman starting the telecast off by hopping (literally) through a dance routine that lasted four minutes. And even though Neil Patrick Harris didn’t host this year’s ceremony as he has for the past three years, he still managed to make his presence felt by performing a number from “Hedwig and the Angry Inch” and winning the Tony for best actor in a leading role in a musical.
In the world of movies it appears the day-and-date release of movies both in theatres and online is quickly becoming the new normal, if the practice hasn’t done so already. Now, a new research report out of Europe suggests that overlapping release windows is not eroding cinema attendance.
Of course, we also cover the week’s top entertainment news stories including the latest movie from the Wachowski siblings gets pushed into next year, “Game of Thrones” becomes the the most watched show in HBO’s history and despite critical praise the latest Tom Cruise blockbuster is struggling at the box office.