Showbiz Sandbox 568: Catalog Music Dominates Consumption on Streaming Services
January 11, 2022
Last year consumers listened to more music than ever before. However, according to a report from the analytics firm MRC Data, catalog music, albums and songs at least 18 months old accounted for 75% of music listening on streaming services. When it came to new music, artists such as Morgan Wallen, Olivia Rodrigo, Drake and Doja Cat, dominated streaming services. Maybe there’s a reason big legacy acts keep selling their back catalogs.
Speaking of legacies, unfortunately the first week of 2022 saw a number of beloved and legendary entertainment figures die, including actor Sidney Poitier, comedian Bob Saget and filmmaker Peter Bogdanovich.
Of course we also cover the week’s top entertainment headlines including how a spike in COVID cases has canceled an in-person Sundance and indefinitely postponed the Grammy Awards. Meanwhile, the Golden Globes were announced and we’ll tell you who won and whether anyone actually cares.
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Showbiz Sandbox 277: CinemaCon Predicts A Bright Future For Moviegoing
April 27, 2015
When theater owners and film distributors from around the world convened last week for CinemaCon in Las Vegas they were presented with a slate of upcoming blockbusters and cutting edge innovations which forecast an optimistic future for the industry. After ending last year with the most depressed box office returns in recent memory, 2015 is shaping up to break all records with at least four films potentially grossing more than a billion dollars.
Adding to the optimistic outlook are emerging technologies that enhance the experience of going to the cinema. Upgrades such as immersive sound, laser projection and high dynamic range may help lure certain demographics back to theaters. Teenagers and young adults, for instance, have seen declining attendance since 2007 as the number of on-demand entertainment options began expanding.
Meanwhile, cable giant Comcast called off its $45 billion acquisition of Time Warner Cable after government agencies informed the company they would actively work to block the merger. Regulators believed the deal, which many feared but felt would ultimately be approved, might allow Comcast to dominate not just cable television, but more importantly high speed Internet access.
Of course, we also cover the week’s top entertainment news stories including the end of “Sabado Gigante”, how WikiLeaks got involved in the Sony cyberattack and Netflix just keeps growing.
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