September 6, 2010
It seems a new electronic reading device is released every week. It’s no wonder the sale of e-books has begun to outpace traditional print copies. Ryan Chapman, the online marketing manager for publisher Farrar, Straus and Giroux, talks about how the industry is dealing with the new technology and in certain instances, using it to their advantage.
In the television world, everyone seems shocked that the latest cast of “Dancing With The Stars” included the likes of Bristol Palin, the daughter of former vice presidential candidate Sarah Palin. They must be putting quotation marks around the word “star” in her case. Maybe her participation will cause politicos to rent a few episodes on their new Apple TV.
August 23, 2010
Who would have guessed that in this day and age a Sylvester Stallone movie could top the box office for two straight weeks. But Sly’s “The Expendables” finished first with $16 million beating out five new releases including the Jennifer Aniston vehicle “Switched”. The dramedy opened to a disappointing $8.1 million prompting entertainment pundits like Patrick Goldstein of the Los Angeles Times to question whether Aniston is truly a movie star.
Generating interest doesn’t seem to be a problem for “The Social Network”, which details the founding of Facebook. More than six weeks before its release the film directed by David Fincher is getting a ton of early Oscar buzz.
Google is also making waves in Hollywood. A book about the company’s early days is being turned into a movie and Google TV has the industry worried that consumers will start canceling their cable subscriptions en masse. According to a story in the New York Times however, Americans have not been cutting their cable cords in the large numbers once predicted. Instead, cable subscriptions have increased.
August 17, 2010
The indie rock group Arcade Fire topped the album charts for the first time in their career with the release of their third album “The Suburbs” which moved more than 156,000 copies in its first week. However more than 97,000 of those albums were sold digitally at significantly reduced prices. Are digital music downloads devaluing music? Todd Martens, a music reporter with the Los Angeles Times, joins us to explain how digital downloads are affecting the music industry.
Speaking of digital media, Netflix entered into a $900 million deal with Epix which will allow them to stream films from Paramount, MGM and Lionsgate starting in September. Meanwhile the popular television streaming website Hulu is rumored to be investigating an IPO.
Sylvester Stallone may have shown up just in time to save Lions Gate with “The Expendables” which came in first at the box office, but “Scott Pilgrim vs. The World” proved a disappointment despite earning rave reviews.