Showbiz Sandbox 543: Amazon Grabs a Lion’s Share of MGM
June 1, 2021
In a move that had been rumored for weeks, Amazon became the first tech company to purchase a Hollywood movie studio in an $8.45 million deal. The acquisition will arm Amazon with over 4,000 movies like the Bond Franchise, “The Pink Panther” and “Robocop,” not to mention upwards of 17,000 television episodes. The real question is why did it take so long for a tech giant to buy a movie studio?
Meanwhile, a holiday weekend helped spark the post-pandemic North American box office as movies that were originally scheduled for release last year opened in theaters. Some new titles like “Cruella are also available on VOD at the same time. Is day-and-date releases hurting the box office prospects of such films?
Of course we also cover some of the week’s top entertainment headlines including the Academy Awards returns to its normal schedule, HBO Max is moving into Latin America and why “Friends” was censored in China.
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Showbiz Sandbox 541: AT&T Hangs Up On WarnerMedia
May 18, 2021
Not even three years after AT&T spent $85 billion to purchase Time Warner and form WarnerMedia, the telecom giant is calling it quits, agreeing to merge the content side of its business with Discovery. The deal would create a new media company positioned well to compete in the streaming market and a management team that is well versed in the entertainment business. The original acquisition of Time Warner always seemed questionable for AT&T, and ultimately left Warner Bros. in a bit of a mess.
Meanwhile, some music streaming services are adding hi-def audio to their offerings and, perhaps more importantly, not increasing the cost to subscribers. Since most new music can be found on all the streaming platforms, will high quality audio become a differentiator that attracts new customers or causes them to switch providers?
Of course we also cover some of the week’s top entertainment headlines including why Ellen DeGeneres is leaving her daytime television show, Disney’s new theatrical release strategy and this year’s entrants into the Rock and Roll Hall of Fame.
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Showbiz Sandbox 434: The Golden Globes Are Full of Surprises
January 7, 2019
As the 2019 award season continues its steady pace toward the Oscars, the Hollywood Foreign Press Association kicked the year off by confounding pundits when they gave Golden Globes to a few underdogs. While many thought “A Star Is Born” or “Roma” would run the table at this year’s ceremonies, it was “Green Book” and “Bohemian Rhapsody” that took the night’s top prizes.
Though the Golden Globes may be a swanky affair and an honor to receive, the nominations that are more telling of who might walk off with an Oscar are those from the craft guilds. This week the unions representing Art Directors, Cinematographers, Editors, Producers and Writers all announced their 2019 nominees. We’ll tell you what their selections mean for the Academy Awards.
We also revisit the Great White Way, where we take a look back at some of the predictions we made about the fall Broadway season. Most of the productions we thought might not fare so well are, indeed, underperforming, or in some cases, have closed already.
Of course we also cover the week’s top entertainment headlines including the continuing kerfuffle over whether Kevin Hart should host the Oscars, Apple buys an indie record label and why dozens of works will enter the public domain this year as their copyrights expire.
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Showbiz Sandbox 227: The Oscars Attract Big Business, Big Ratings and Big Money
March 4, 2014
If you weren’t surprised by any of the winners at this year’s Oscar ceremony, you may have Oscar prognosticators like Anne Thompson to blame. Indiewire’s editor-at-large was at the big show and joins us to discuss the telecast, the show, and all the money and effort poured into the annual awards season. Thompson also fills us in on her new book “The $11 Billion Year: From Sundance to the Oscars, an Inside Look at the Changing Hollywood System“.
The business side of the film industry isn’t the only aspect of movies that is evolving. The sound accompanying new releases is getting a few enhancements thanks to immersive 3D audio. This has created an industry battle over audio formats.
Speaking of disputes, 19 Recordings, the music label responsible for “American Idol”, is once again suing their partner Sony. This time the argument is over the issue of whether digital tracks are sold or licensed to buyers. There is a huge difference in the royalty paid for each.
Of course, we also cover the week’s top entertainment news stories including Tyler Perry leaves Lionsgate, Paramount is bullied into changing the marketing for “Noah” and Dreamworks Animation takes a write-down on “Turbo”.
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Showbiz Sandbox 200: Should George Clooney Run For President?
August 5, 2013
Hedge fund manager Daniel Loeb began buying up Sony stock earlier this year and is now pressuring the electronics manufacturer to spin-off its entertainment divisions. After comparing two of Sony’s summer releases to historic flops such as “Waterworld”, actor/director/producer George Clooney could take no more. In an intelligent, coherent and well thought out rant, Clooney argues that, “ A guy from a hedge fund entity is the single least qualified person to be making these kinds of judgments.”
Karen Woodward, our former co-host, joins us for our 200th episode and was quick to point out that Clooney not only sounded smart in his statements, but also like a future political candidate. Given the state of American politics however, Clooney might find the back stabbing nature of Hollywood more friendly.
These days it seems a little political muscle is required to work in the entertainment industry. After all, Time Warner Cable has blacked out the CBS network for millions of customers over an ongoing retransmission dispute. Meanwhile, Hollywood studios haven’t been paid all year for movies they’ve released in China.
Of course we also cover the week’s top entertainment news including the Academy’s historic new leader, a new Doctor Who and how holograms are replacing musicians at concerts in Korea.
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Showbiz Sandbox 166: How MoviePass Unlimited Moviegoing Service Really Works
October 9, 2012
When MoviePass announced an unlimited moviegoing subscription service last year it faced stiff resistance from cinema owners and film studios. Now, MoviePass has relaunched with a revamped offering that doesn’t need approval from either group. Stacy Spikes, the CEO of MoviePass, joins us to explain why this time the company will succeed.
Over in the world of music, the Rock and Roll Hall of Fame announced this year’s nominees. The likes of Randy Newman, Donna Summer, Public Enemy and Rush head up what has been considered by many to be a very weak list. At least this year however fans get to vote for their favorite nominees.
Meanwhile, Broadway has been consumed with the story of how “Rebecca”, a musical based on the novel by Daphne du Maurier, went up in flames just weeks before opening. Despite having major talent enlisted to write, direct and choreograph, not to mention an ongoing ad campaign, it turns out on of the investors behind the production may have been completely made up.
Of course, we also cover the week’s top entertainment news including a huge debut for Mumford and Sons second album, why MTV is getting out of the “Jersey Shore” business and how Lil Wayne bested Elvis (sort of).
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Showbiz Sandbox 163: Plenty To Feel Good About at Telluride and Toronto
September 17, 2012
Anne Thompson has just returned from two whirlwind weeks at the Telluride and Toronto Film Festivals. The editor of Indiewire’s Thompson On Hollywood blog is happy to report that, despite all the doomsayers, there is still reason to believe there are plenty of good studio and independent movies awaiting release this year. Thompson joins us for a discussion about this year’s festivities and tells us which films came out ahead as the awards season kicks off in earnest.
Someone who knows a few things about good how to make good movies is Tom Rothman, the Co-Chairman of Twentieth Century Fox Filmed Entertainment along with Jim Gianopulos. Rothman announced he would be stepping down on January 1st, ending his 18-year tenure as head of the studio. Gianopulos, on the other hand, is sticking around to run the studio on his own.
The new TV season ramped up last week with the debut of Katie Couric’s daytime talk show and the season premiere of “Sons of Anarchy” pulling in big ratings.
Of course, we cover the week’s top entertainment news stories including this year’s Kennedy Center honorees, two new judges on “American Idol” and why streaming music could be bad for the environment.
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Showbiz Sandbox 65: Hollywood’s Love/Hate Relationship With Twitter
August 2, 2010
Last summer a number of movies had enormous box office drop offs in their second day of release and studios blamed it on what they termed the Twitter Effect. Daniel Frankel from The Wrap joins us to explain how the social media trend that was going to revolutionize word-of-mouth hasn’t demonstrably done so. Platforms such as Facebook, MySpace and even text messaging seem to influence moviegoers more than Twitter. That hasn’t stopped studios from finding modest success on Twitter by purchasing trending topics.
A number of big television news stories broke over the past week thanks to the annual Television Critics Association press tour. Ellen DeGeneres resigned as a judge on “American Idol”, but Fox may be replacing her with Jennifer Lopez. Meanwhile, Stephen McPherson, the president of ABC, abruptly resigned under a cloud of controversy relating to rumored sexual harassment investigations and was promptly replaced by ABC Family topper Paul Lee.
In the music world Kanye West may be hoping the Twitter effect will help boost sales of his upcoming album. The hip-hop star made headlines by opening a Twitter account and turning up at Facebook headquarters to entertain employees.
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Showbiz Sandbox 57: A Memo From James Cameron
June 7, 2010
It was kind of a slow news week in the entertainment world, especially when it comes to the North American box office. Movie attendance is down 10% over last year’s summer blockbuster season. Hollywood Reporter deputy film editor Carl DiOrio stops by with his theories as to why audiences are staying away from this year’s crop of Hollywood offerings.
The MTV Movie Awards were held last weekend and the telecast was filled with so much profanity half of it was bleeped out. Though few take the awards seriously, we’ll still fill you in on all the winners and Tom Cruise’s outstanding dance performance.
Over in television Bravo has been making a name for itself with a string of successful reality television shows including “The Real Housewives of New York”. The network is not shy about letting the New York Times know that they use social media and the Internet to decide which shows are working, popular storylines and which cast members are break out stars deserving their own show. Speaking of break out stars, the cast of the popular “Big Bang Theory” wants a 285% pay raise and are presenting a unified front when negotiating with the network.
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Showbiz Sandbox 56: What You Talkin’ Bout Guillermo?!
June 1, 2010
The past week’s entertainment news was filled with surprises. First Gary Coleman, star of the hit 80’s sitcom unexpectedly died at the age of 42 from a brain hemorrhage. Then, after more than two years of work, the ongoing turmoil at MGM causes director Guillermo del Toro call it quits on the film adaptation of J.R.R. Tolkien’s “The Hobbit”. A question lingers over whether Peter Jackson will step in to helm the film himself?
Meanwhile, the Hollywood Reporter, one of the industry’s big trade papers, left many mouths agape when they hired former Us Weekly editor Janice Min to transform the film into a broader weekly publication.
Maybe not such a surprise was the tepid box office results over the North American Memorial Day Weekend. Customarily the start of the summer blockbuster season, this year audiences stayed away from theaters, probably because they don’t find any of the new releases, including “Sex and The City 2” and “Prince of Persia” all that interesting. Another expected, though sad, turn of events was the passing of actor Dennis Hopper, who had been battling prostate cancer since last October.
Over in the music world, Germany’s Lena Meyer-Landrut won the 2010 Eurovision Song Contest with her catchy pop song “Satellite”. Read more
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