Showbiz Sandbox 590: New Warner Bros. Discovery Strategy Is A Little Batty

August 9, 2022

The newly merged Warner Bros. Discovery held its first earnings call last week making so many headlines it was all anyone in the entertainment industry could talk about. The company has a ton of debt, but a plan to get into better financial shape; stop producing expensive scripted shows, shelve pricey projects and layoff thousands of employees. Most controversially the media giant decided to completely abandon the nearly finished DC movie, “Batgirl.”

Speaking of comic book movies, the Wall Street Journal believes Disney’s Marvel titles are in a bit of a slump. Their movies are grossing less, getting worse reviews are not a big deal on social media. Do people even like superhero movies anymore?

Of course we also cover the week’s top entertainment headlines including the story behind all those expensive Springsteen tickets, why Beyonce is changing the lyrics to one of her recent songs and why “To Kill A Mockingbird” is leaving Broadway.

Read more

Showbiz Sandbox 362: What’s The Flipping Problem With Record Store Day?

April 17, 2017

This year’s Record Store Day is just days away, but what began as a way to support independent record stores has turned into a covert commercial endeavor for those reselling the event’s exclusive vinyl releases at exorbitant prices. Sal Nunziato, a former record store owner himself, joins us to discuss why he’s never been all that fond of the annual promotion.

These days Nunziato is a music blogger and drummer in the band the John Sally Ride. Their new album, “A New Set of Downs” will be released later this year, but in a unique twist, is already available on platforms such as Spotify and Soundcloud. He’ll tell us all about it.

Meanwhile, even though ESPN has lost 12 million subscribers in the past six years, the cable sports network is still very profitable, generating $11 billion per year for its owner, Disney. But with skinny cable bundles and online streaming eating into its subscriber base, ESPN is girding itself for an unknown future.

Of course, we also cover the week’s top entertainment news stories including the launch of YouTube TV, Spotify finally signs a new deal with a major record label, and Harry Potter wins big it at this year’s Olivier Awards.

Read more

Showbiz Sandbox 296: Entertainment Industry Numbers Are Often A Comedy of Errors

September 28, 2015

It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.

Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.

Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.

Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.

Read more

Showbiz Sandbox 77: It’s Official – Hollywood To Make Nothing But Sequels

November 1, 2010

With the seventh installment of the Saw franchise and Paranormal Activity 2 topping this week’s box office, it’s not hard to see why Hollywood studios have been greenlighting sequels and prequels. They range from high profile titles such as “The Hobbit” and “Avatar”, to questionable projects such as “Top Gun 2”. Don’t even get us started on the prequel to Martin Scorsese’s “Goodfellas”.

If big budget Hollywood movies aren’t your thing, you could always stay home and watch television, provided the broadcast networks don’t get into a carriage dispute with your cable provider and black out their signal. Fox did just that to Cablevision subscribers recently and we’ll explain why. Meanwhile, Conan O’Brien prepares for his new late night talk show with a Rolling Stone interview.

During Big Deal or Big Whoop we provide analysis of the week’s top entertainment headlines, including Charlie Sheen’s latest trouble, a new hit for AMC and a film based on Michael Jackson’s “Thriller”. Our Inside Baseball discussion focuses on why consumers prefer to rent digital movies rather than purchase them.

Read more