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.
January 9, 2012
Even the worst Broadway flops can wind up turning a profit once they begin touring in cities throughout the world. Patrick Healy, the theater news and features reporter for the New York Times, explains how sometimes it doesn’t matter if you make it big on the Great White Way, provided you’re a hit in Buffalo. He also provides a glimpse at what we might see at this year’s Tony awards.
Speaking of awards, the Director’s Guild, Writer’s Guild and Producer’s Guild announced their nominations for end-of-year accolades, helping to further define which films might be in the running for this year’s Oscars. Still, there doesn’t seem to be a front runner for Best Picture.
Music sales were up in 2011 for the first time since 2004. As expected, the sale of digital albums rose significantly as CD’s and other physical copies continued to decline.
Of course, we cover all the week’s top entertainment news including Van Halen’s reunion tour, new trouble for Netflix and the resignation of Disney’s marketing head.
Showbiz Sandbox 129: Ticket Masters – The Rise of the Concert Industry and How the Public Got Scalped
December 12, 2011
Anyone who has ever tried to get good tickets to see their favorite band in concert knows how frustrating it can be. Josh Baron and Dean Budnick, two editors of Relix magazine, spent three years speaking to hundreds of industry veterans to research the history of modern ticketing. Their book, “Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalped“, is being hailed as the most comprehensive work on the subject. In this interview they explain the real culprit behind today’s high ticket prices and provide a few ways to get the best seats in the house.
The end of the year usually marks a busy and highly profitable time in the movie industry, however box office receipts have been declining over the past two weekends to three year lows. It certainly doesn’t help that as film critics from around the nation bestow their annual awards, there doesn’t seem to be a clear frontrunner for the upcoming Oscar season.
In the music world, despite the glut of music subscription services such as Spotify, Rdio and Mog, some musicians are pulling their latest releases from the platforms. Most recently, The Black Keys have joined the likes of Coldplay in not allowing their new album to be streamed on any of the top services. Rather than help increase sales, the feeling is that these services may actually be preventing them.