Showbiz Sandbox 286: The 2015 Mid-Year Box Office and Music Sales Report

July 6, 2015

With the year now half over we join the rest of the entertainment industry in reviewing how 2015 is shaping up at the box office and for music sales. As predicted, the worldwide box office is on track to set another annual record thanks in part to three blockbuster releases that have each earned more than a billion dollars.

China continues to be an ever more important movie market as the country’s box office surged more than 50% during the first six months of the year with imported titles leading the way. Meanwhile, Hollywood movies have fared better in India than in past years with two passing the billion rupee level, a well-established benchmark of box office success.

The picture isn’t as rosy when it comes to music revenue. North American album sales are down 4% and digital downloads have fallen more than 10%. The declines may be caused by on-demand music streaming which has increased 74% so far this year. Whatever the reason, Taylor Swift isn’t sweating it since her most recent album has sold more than 2 million copies this year alone.

Of course, we also cover the week’s top entertainment news stories including the Grateful Dead perform one final concert, massive layoffs at the BBC and HBO Now is a huge hit in the iTunes app store.

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Showbiz Sandbox 280: French Films Win Big In Cannes This Year

May 26, 2015

The 68th annual Cannes Film Festival wrapped up over the weekend with the French drama “Dheepan” winning the Palme d’Or. In a festival filled with artistic works commenting on modern social issues, director Jacques Audiard’s film tells the story of three Sri Lankan refugees who form a family-of-convenience while fleeing to France in hopes of a better life.

Anne Thompson, Editor-at-Large for Indiewire, joins us to discuss the highs and lows of this year’s Festival de Cannes, which include many of the films that took home awards, not to mention a 3D porno. But as Thompson explains, many of the big buzzworthy films were Hollywood titles screened out-of-competition; “Mad Max: Fury Road” and “Inside Out” come to mind.

Time Warner Cable meanwhile, fresh from having broken up with their previous suitor, Comcast, may now be acquired in a $56.7 billion deal. Though this move was widely expected, it is an indicator of how the market is attempting to stay ahead of the fast changing ways by which audiences consume television content.

Of course, we also cover the week’s top entertainment news stories including the David Letterman’s signs off the “Late Show” one final time, Jennifer Lopez is taking up residency in Las Vegas for a string of shows next year, and multi-hyphenate Barbra Streisand is penning her memoirs.

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