Showbiz Sandbox 534: Do All The Streaming Numbers Add Up?
March 23, 2021
With world-wide subscriptions surpassing 1 billion last year, every movie studio and every television network is pouring money into streaming video services. They’re hoping to make more money with subscribers than the untold billions they’ve been raking in for decades at the box office, through advertising, in syndication or sales of Blu-Rays. And while these services are quick to tell us how many subscribers they have, it’s anyone’s guess as to how many people are actually tuning in to their programming.
Theatrical box office is another statistic that has gotten harder to track during the pandemic with many distributors delaying the reporting of grosses. Even so, the Motion Picture Association added up all the numbers for 2020 and reported that global box office was down over 70 percent to $12 billion.
Of course we also cover some of the week’s top entertainment headlines including the NFL’s new relationship with Amazon, Hollywood agencies are getting into celebrity estate management and a trip to this year’s SXSW Film Festival.
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Showbiz Sandbox 502: The Entertainment Industry’s Slow News Week
July 14, 2020
With concerts and live performances canceled, cinemas closed, movie studios delaying releases, and streaming video or music the only entertainment audiences can enjoy, the industry is slowly grinding to a halt. Perhaps show business folk were recovering from the Fourth of July holiday weekend or are preparing for Bastille Day, but there was hardly any entertainment news to report.
Even so, we tell you why North America’s largest cinema chains are suing the state of New Jersey, what is happening to the release of the latest “Halloween” horror films and why music may be disappearing from elevators.
Plus, proving just how strange a year 2020 has become, the Venice, Toronto, Telluride and New York Film Festivals – usually fierce competitors – have decided to collaborate on what entries they present, not to mention how to do so safely.
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Showbiz Sandbox 471: A Harsh Verdict from Former “America’s Got Talent” Judges
December 9, 2019
After just one season on “America’s Got Talent” celebrity judges Gabrielle Union and Julianne Hough had done what they were hired to do; increase the show’s social media footprint. Yet their contracts were not renewed for a second season and Union gained a huge amount of attention for her claims the show has a toxic culture. The show’s producers and network NBC are being very careful in how they handle the situation.
In Hong Kong, mass protests continue to disrupt the city and its significant entertainment industry. The ongoing demonstrations have affected Asian year-end awards, Hong Kong’s box office and generally made it harder to do business for entertainment companies who are both trying to please China yet show they have a moral compass.
Meanwhile, it looks as if this year won’t set any North American box office records, though it might be the second highest on record. Disney, however, has nothing to worry about as they set theatrical earnings records thanks to a string of billion dollar releases.
Of course we also cover the week’s top entertainment headlines including Golden Globe nominations, the bidding war ver Ali Wong’s next comedy special and Comcast looks to expand in the United Kingdom.
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Showbiz Sandbox 465: Ang Lee’s Latest Science Project
October 14, 2019
Filmmaker Ang Lee is arguably one of the best directors to ever step behind a camera. He’s made acclaimed films such as “Crouching Tiger, Hidden Dragon,” “Brokeback Mountain” and “Life of Pi,” winning three Oscars along the way. However Lee’s latest efforts have been more concerned with filmmaking technology than their script.
That was certainly the case with “Gemini Man,” an action film that stars Will Smith playing an assassin opposite a digitally de-aged version of himself. Geoff Boucher of Deadline spoke with Lee about the challenges of making the film, which was shot in high frame rate at 120 frames per second.
Meanwhile, China deleted “South Park” from the airwaves (and the internet) after a new episode mocked the country’s human rights record. Then China canceled the broadcast of an NBA basketball game being played in Shanghai after a league executive showed support for anti-government protestors in Hong Kong. We discuss what this means for all the businesses that want a piece of the Chinese market but don’t want to damage their brand worldwide.
Of course we also cover the week’s top entertainment headlines including the Nobel Prize for Literature is awarded to a controversial writer, a new K-Pop supergroup storms the music charts and Apple launches an in-house production studio with some big name talent.
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Showbiz Sandbox 459: Jay-Z Gets Played By The NFL
August 19, 2019
In a win-win for the American football and artist Jay-Z (or a lose-lose depending on your point of view), the National Football League is working with one of its biggest critics. Jay-Z has historically been very supportive of the NFL players who have used their visibility to bring attention to issues like police brutality. He also made clear that he wouldn’t perform at the Super Bowl Halftime Show. Now he’s signed a deal with the NFL to consult on the Halftime Show, NFL music in general and assist with other efforts to make the NFL and its entertainment more inclusive.
Many wondered why Jay-Z would enter into such an agreement when it seemed he had so much to lose and little to gain, especially when it appears as if the NFL is co-opting him. Perhaps the rumors that the rap and entertainment mogul wishes to to buy a significant stake in an NFL team are actually true.
Meanwhile in China, streaming giants such as Netflix, YouTube and eventually Disney+ were granted permission to launch their platforms in the country. That is so long as these companies play by some strict government rules. But what exactly that means, both in regards to mandated propaganda content and censorship remains to be seen.
Of course we also cover the week’s top entertainment headlines including CBS and Viacom get remarried, why Hong Kong protesters want to boycott the live action adaptation of “Mulan” and sales at bookstores decline this year.
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Showbiz Sandbox 428: Why Everyone Is Raving About “Red Dead Redemption 2”
November 5, 2018
While there may still be some debate over whether video games are works of art, there is no doubting their earning potential. This was proven yet again when the game “Red Dead Redemption 2” earned a whopping $725 million in global retail sales after its first three days. And with glowing reviews haling it as a new gold standard for video games, and online components yet to be released, it’s poised to rake in much more.
Meanwhile, theatrical box office in North America is also looking profitable. In fact, 2018 may end with record setting grosses (if not attendance), and it’s all due to Hollywood releasing blockbuster movies outside the usual summer and holiday season.
In China, movie stars continue to fess up to how much money they have avoided paying taxes on. The latest is Chow Yun Fat who took his cue from the government and decided now was a good time to announce he’d be giving away his fortune, estimated at more than $700 million.
Of course we also cover the week’s top entertainment headlines including why Rihanna turned down the Super Bowl halftime show, Drake topples another Billboard chart record and why Broadway is skewing a little younger.
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Showbiz Sandbox 406: Is Live Nation Bullying the Music Industry?
April 9, 2018
The merger of concert promoter Live Nation and ticketing giant Ticketmaster was supposed to increase competition, stabilize the price of live events and lower the cost of ticketing fees. Nine years later the deal has achieved none of those results. In fact, there are now reports that the Justice Department has opened an antitrust investigation on Live Nation. Who could have ever predicted that would happen when the merger was first proposed? Oh yes, that’s right… everyone (including us)!
As the recorded music industry slowly scratches it’s way back to 2008 revenue levels, one of the companies instrumental in the upswing is looking to cash in. More specifically, investors in Spotify are looking to reap the rewards of their ownership stake in Spotify, the streaming music giant, as it goes public. That begs the question however, do record labels with a piece of the company now have an incentive to give Spotify better terms? And where does that leave artists?
Meanwhile, the MPAA announced global box office reached a record high of $40.6 billion in 2017. North America contributed $11 billion to the total, a level reached mostly through increased ticket prices since attendance was at a 23 year low.
Of course we also cover the week’s top entertainment news including some of the changes taking place at this year’s Cannes Film Festival, Bruce Springsteen extends his stay on Broadway and online piracy continues to grow.
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Showbiz Sandbox 317: Bundling Cable Networks May Work For Advertisers, But Not For Cable Customers
April 4, 2016
In yet another sign that the difference between broadcast and cable networks is eroding, NBCUniversal announced that it would include all of its cable outlets in their traditional upfront presentation to advertisers for NBC. By combining shows from networks such as Bravo, Telemundo and Oxygen with the big primetime hits on NBC, the Comcast owned media giant is signaling that the best way for advertisers to reach viewers is through aggregating audiences.
Time Warner Cable, on the other hand, is struggling to distribute its own content through different cable providers. Specifically, none of the other pay-TV companies is willing to force their customers to pay for SportsNet LA, the regional sports network owned by the Los Angeles Dodgers. Could this be an indication that cable operators finally understand that technology will force them to unbundle their basic cable offering?
Meanwhile, short, cheap and entertaining books – once called dime store novels or pulp fiction – are making a comeback. As are serialized novels, short stories and lots of things that don’t fit into the 250 pages or more standard of most books today. Technology and the need to hold the attention of readers are the reasons it’s happening.
Of course we also cover the week’s top entertainment news including the controversial film pulled from the Tribeca Film Festival lineup, the death of comedian Gary Shandling and the porn industry gets into virtual reality.
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Showbiz Sandbox 310: Diversity Makes A Comeback At Sundance
February 2, 2016
This year’s Sundance Film Festival wrapped up over the weekend in historic fashion by awarding the dramatic competition grand jury and audience prizes to “The Birth of a Nation”, a historical biopic a Virginian slave revolt. The film made headlines earlier in the week when Fox Searchlight purchased the film for a record $17.5 million after beating out Netflix in a heated bidding war.
We’ll tell you about all the big Sundance awards and continue the Oscar season slog, in which this year’s front runners are as mixed up as a Republican presidential primary. SAG added to the confusion, making “Spotlight” this week’s hero, after “The Big Short” looked like a winner the week before.
Meanwhile the Federal Communications Commission is about to vote on ending the monopoly of set top boxes for US cable subscribers, a decision that could have big ramifications for everything from what you watch to the stock prices of numerous tech companies, including Apple and Roku.
Of course we also cover the week’s top entertainment news including Louis CK bypasses television networks and brings his new series directly to viewers, Pope Francis gets ready for his closeup in a feature film and sales of new music were outpaced by catalogue titles over the past year.
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Showbiz Sandbox 307: Can Guild Nominations Forecast Oscar Winners?
January 11, 2016
This year’s Academy Award nominations will soon be announced and we wonder if one can predict who might take home Oscar gold by watching the annual honors handed out by Hollywood’s labor guilds. We’ll tell you how won Golden Globes, which have proven less reliable in forecasting Oscar winners, and take a look at who the Brits shine a spotlight on via the BAFTAs.
Much like the movie business, publishing has become a global game. That makes the recent broadside by groups representing authors around the world especially notable. They’re calling on publishers to offer author contracts that are more equitable and represent the way business is done in the 21st Century.
Director/Producer Gavin Polone believes Hollywood studios and television networks are only hurting themselves when they decide to cook the books when it comes to reporting earnings to profit participants. He argues that the talent and creatives they cheat on the backend have no incentive to keep costs down on the front end.
Of course we also cover the week’s top entertainment news including how Netflix went worldwide, actor Sean Penn went to Mexico to interview the head of a drug cartel and the death of legendary musician David Bowie.
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