January 30, 2017
As if it wasn’t difficult enough for distributors to find a commercial title amidst the hundreds of films premiering at the Sundance Film Festival each January, video streaming companies such as Netflix and Amazon have entered the bidding causing acquisitions prices to rise for the entire market. Anne Thompson, Indiewire’s editor-at-large, has just returned from Sundance where she reports most of the films were good, though maybe not good enough to win any Oscars in 2018.
As for this year’s Oscars, the frontrunners became a little more clear with the Producers Guild and Screen Actors Guild handing out their awards over the weekend. “Hidden Figures” surprised many by taking home the SAG Award for Outstanding Performance by a Cast in a Motion Picture during a politically charged ceremony.
Speaking of industry unions, the Directors Guild of America has signed a new contract with producers that gives its members significant raises in subscription video-on-demand residuals. This is welcome news for directors who missed out on sharing in DVD and Blu-ray revenue over the past decade.
Of course, we also cover the week’s top entertainment news stories including the launch of a brand new vinyl record factory, Jeffrey Katzenberg’s new venture and streaming music company Tidal finds a new investor.
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”.
April 2, 2012
Hollywood studios spent this past week waging a bidding war for a book derived from fan fiction stories on “Twilight” websites. Universal Pictures wound up paying an estimated $5 million for E.L. James’ “Fifty Shades of Grey”, an erotic novel that has become a best selling phenomenon despite only being published as an e-book. Producers now must figure out how to handle the graphic sexual content found in titles the media has dubbed “mommy porn”.
Last week also marked the merger of SAG and AFTRA, the unions representing actors. Members of both groups overwhelmingly voted to join forces to create the largest bargaining group in Hollywood. Only time will tell if presenting a united front will give the thespians more power to negotiate better contracts.
Meanwhile, the popular music streaming service Spotify has decided to allow unlimited free listening indefinitely. While this is good news for music fans, how will Spotify, which has yet to turn a profit, pay increased licensing fees to all the record labels?