Showbiz Sandbox 237: Cannes Lives Up To All The Hype

May 27, 2014

Turkish director Nuri Bilge Ceylan took home the Palm d’Or at this year’s Cannes Film Festival for his movie, “Winter Sleep”. The slow-paced character drama set in a picturesque corner of Apollonia faced stiff competition from Xavier Dolan’s “Mommy”, Andrey Zvyaginstev’s “Leviathan” and even Jean-Luc Godard’s latest film. Overall, this year’s festival managed to surpass everyone’s already high expectations.

As May draws to a close, so too does this past year’s television season. Scripted series continue to gain significant viewership when accounting for delayed viewing, but what’s most noticeable about this year’s top 20 ratings winners is how long-in-the-tooth some of the shows are.

Meanwhile, the final cost of finishing “Fast & Furious 7” after the death of actor Paul Walker last November has yet to be tallied, however it’s shaping up to be one of the most expensive insurance claims in motion picture history.

Of course, we also cover the week’s top entertainment news stories including some creative differences at Marvel, Amazon’s silent war with publishers and the Supreme Court’s decision in an important copyright infringement case.

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Showbiz Sandbox 215: How Many Music Streaming Services Does It Take To Make A Profit?

December 2, 2013

Just when you thought the online music streaming space couldn’t get any more crowded or competitive, along comes Deezer. The French company already boasts 5 million paying subscribers in 80 countries and now plans to launch in the United States, where Spotify and Pandora are the market leaders. However, none of these companies are actually profitable, which may be why services like Rdio went through a round of layoffs in November and Turtable.fm is shuttering.

Profitability seems to be an issue for Sony Pictures too. The movie studio lost $181 million last quarter leading to the announcement of significant cost cutting measures in the wake of some summer box office duds.

Disappointing earnings and a declining subscriber base are also a problem at Time Warner Cable. As telcos and satellite providers continue to erode their market share, rumors have begun swirling that the second largest cable operator in North America might be acquired by one or more of its competitors, including Comcast.

Of course, we also cover the week’s top entertainment news stories including the Thanksgiving weekend’s record breaking box office, “Spider-Man: Turn Off The Dark” lowers the curtains on its Broadway run and the mediocre sales figures of Lady Gaga’s latest album.

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