Showbiz Sandbox 474: YouTube and Facebook Curtail Their Streaming Subscriptions

December 30, 2019

Facebook and YouTube might be giants in technology and media, but they have both decided to sit out the streaming wars. Sure, they’re spending $1 billion per year producing original content but pales in comparison to what the Apples and Amazons and Peacocks and HBO Maxes of the world are shelling out for new content. So, Facebook and YouTube have decided to keep their video offerings free and ad-supported.

As 2019 comes to a close with one of the biggest movie-going weeks of the year it looks as if the industry will end a semi-happy note, with record international box office, perhaps a new worldwide box office record and the second biggest North American haul in history.

Meanwhile, China added another 8,800 movie screens this year, bringing the country’s grand total to a titch under 69,000 in all. And most of the hits playing on those screens are Chinese films and that’s just the way the government wants to keep it.

Of course we also cover the week’s top entertainment headlines including why Universal Pictures may have released a new version of “Cats” after it was already in theaters, live news and sports dominates the year’s basic cable ratings and Spotify gets out of politcs.

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Showbiz Sandbox 419: Best Popular Film Oscars Category Proves To Be Rather Unpopular

August 13, 2018

It may come as a surprise after the #MeToo movement but it isn’t often Hollywood unites to agree on an issue. Last week when the Academy of Motion Picture Arts and Sciences revealed they would be adding a Best Popular film category to the Oscars the response was universal and swift; everyone hates the idea. In a train wreck of an announcement about proposed changes to the awards show, the Academy appeared to cede control to the network broadcasting the ceremony.

Speaking of changes, the moviegoing subscription service MoviePass doesn’t let a week go by without instituting a new set of rules for its customers. First they were going to raise prices and limit attendance to new releases. Before they could roll those changes out, MoviePass altered its policy once again, keeping the price at $10 per month, but limiting the number of movies that can be seen to just three.

Meanwhile, music fans appear to be spending more money on music than ever before. At least according to a new report from Citigroup which says the industry is now pulling in a combined $43 billion in the United States, of which $5 billion goes to artists. Naturally, arguments over the accuracy and validity of the report are sure to follow.

Of course we also cover the week’s top entertainment news including more on Jeffrey Katzenberg’s New TV venture, the dispute over star salaries on the latest “Star Trek” and Lady Gaga heads to Las Vegas. Read more

Showbiz Sandbox 408: CinemaCon Shrugs Off Unwanted Disruptions

April 30, 2018

Movie theater owners from around the world descended upon Las Vegas for CinemaCon last week. Studios wooed exhibitors with clips from upcoming film releases while industry manufacturers lured attendees with the latest technology, including high-resolution LED screens as a method of showing movies to the masses. Much like the subscription service MoviePass, the screens left cinema operators wondering if they were just one more “innovation” nobody had asked for.

Meanwhile “Avengers: Infinity War” broke box office records both in North America and globally when it opened over the weekend. The latest Marvel superhero movie earned over $640 million in just three days, putting it on track to pass the billion dollar mark.

Speaking of “war,” one is brewing between the Writers Guild of America and talent agencies. The WGA wants to cancel their current agency agreements and rewrite them to prevent franchised agents from profiting off of packaging deals with television networks. Such arrangements currently allow agents to double dip and at times earn more than their clients for a project.

Of course we also cover the week’s top entertainment news including Steven Spielberg signing on to direct the movie adaptation of DC Comic’s “Blackhawk,” the next “Star Trek” film lands a female director and Bill Cosby is found guilty of sexual assault.

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Showbiz Sandbox 386: Keeping Up With Hollywood Sex Scandals Becomes A Full Time Job

October 30, 2017

October has been a particularly horrific month for Hollywood this year, and not just because of the run up to Halloween. After a record setting September, North American box office dropped to a ten year low in October as major releases failed to attract audiences. Then there was the flood of industry-wide sexual harassment claims, an ongoing story with no end in sight.

What started with egregious allegations against indie-mogul Harvey Weinstein has led to actors and actresses coming forward with more stories of harassment, including one against two-time Oscar winner Kevin Spacey, who has been accused of making sexual overtures to a 14-year-old boy over 30 years ago.

Meanwhile, the publishing industry has some good news about book sales and we’ll explain why lists announcing the best books of 2017 have already been compiled by trade publications, two months before the year is over.

Of course we also cover the week’s top entertainment news including how the Disney Channel is introducing a gay storyline, a virtual reality project wins a special Oscar and the latest Star Trek series will get a second season.

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Showbiz Sandbox 380: Hollywood Gets Pummeled by Rotten Tomatoes

September 12, 2017

With North American box office declining 15 percent over last year, Hollywood suffered its worst summer box office in 20 years. One main reason, studios believe, is the popularity of the movie review aggregation website Rotten Tomatoes, which brands titles as either “fresh” or “rotten”. The site has become so influential studios now try and game the system by handpicking critics for certain releases.

Disney, on the other hand, isn’t waiting for reviews to be in on its latest Star Wars movies before tweaking them. “Episode IX” is just the latest to lose its director over creative differences with Lucasfilm, which is quickly gaining the reputation as a tough place to be a filmmaker.

Meanwhile, one of North America’s largest brick-and-mortar book retailers reports that sales are off 6% in the latest quarter as consumers shift to buying online. Don’t worry however, the company has a great plan for fixing their sales problem; open more stores.

Of course, we also cover the week’s top entertainment news including how Amazon wants to produce a hit television show, the end of an era at Vanity Fair magazine and the mystery behind who will distribute the next James Bond movie.

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Showbiz Sandbox 376: Cord Cutters Are Using An Old Hack To Watch Television – It’s Called An Antenna

August 7, 2017

As the Federal Communications Commission seeks to further deregulate cable television companies and do away with net neutrality, consolidation within the industry has caused rates to increase dramatically. We’ll explain how more and more people are growing fed up with high cable bills and what they’re doing about it. Some millennials have even discovered an amazing hack to get the broadcast networks for free! And it’s totally legal!

We’ll also tell you about how some big name players are getting fed up with Hollywood’s opaque accounting system. Sylvester Stallone is suing Warner Bros. over profit participation for his 1990s hit movie Demolition Man while filmmaker Steven Soderbergh is taking the distribution of his latest movie into his own hands.

In China, “Wolf Warrior 2” has earned nearly half a billion dollars at the global box office and looks set to become the country’s highest grossing movie ever. Meanwhile, Wonder Woman is still playing strong in theatres around the world and may surpass “Spider-Man” to claim the crown as the biggest comic book movie debut in history.

Of course, we also cover the week’s top entertainment news including why legendary TV producer Norman Lear is boycotting the Kennedy Center Honors reception, when Bette Midler is leaving “Hello Dolly” and why Netflix acquired a comic book company.

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Showbiz Sandbox 370: Tony Awards Prove Unnecessary For Some Broadway Shows

June 12, 2017

Historically winning a Tony Award can make a big difference in the financial success of a Broadway production. This year’s awards were handed out on Sunday, but some shows may not need to win a Tony to win on Broadway. Ticket sales for “Anastasia”, “A Bronx Tale” and “Come From Away” have been doing just fine without all the accolades.

And when Broadway shows leave the Great White Way to tour the world, they are attracting record audiences. In North America alone 14 million people attended live theatre productions in roughly 200 cities, bringing in $981 million.

Meanwhile, Taylor Swift is making her entire back catalogue available via on-demand streaming services such as Spotify. That she announced this news the same day as Katy Perry released her latest album led many to wonder if this was another round in an old pop-star rivalry.

Of course, we also cover the week’s top entertainment news including why the Amazon Prime Video app is coming to the Apple TV, satellite radio giant SiriusXM makes a huge investment in Pandora and Bob Dylan finally delivers his Nobel Prize speech.

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Showbiz Sandbox 309: Getting Shutout at Sundance

January 26, 2016

Anyone who is anyone in the indie film world is presently in Park City, Utah attending this year’s Sundance Film Festival. Of course, it’s impossible to see all the nearly 200 films making their debut at Sundance. As we explain, seeing some of the hottest titles at the festival requires hours of waiting in line for screenings that are often over capacity, thus leaving dozens out in the cold. Literally and figuratively.

Some of the biggest headlines at this year’s Sundance were made by Amazon and Netflix. Though both distributors have previously had a presence at Sundance, this year they went on a buying spree, shelling out big bucks to snap up a number of buzzworthy films. The industry now is watching closely how the distribution of these acquisitions is handled and whether the companies are capable of turning them into financial successes.

Meanwhile, the controversy over the lack of diversity for this year’s Oscar nominations continues to boil over. With talk of boycotts and accusations of racial bias, the Academy of Motion Picture Arts and Sciences announced some drastic steps it plans on taking to rectify the situation. Unfortunately, this only caused the debate to become even more boisterous.

Of course we also cover the week’s top entertainment news including the Grammy Awards will go live, Bette Midler will be going to Broadway and actress Gillian Anderson balks at being paid half of what David Duchovny makes for the “X-Files” reunion.

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