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

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.

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

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.

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