Showbiz Sandbox 588: Keeping Track of Ever-Shifting Streaming Strategies
July 5, 2022
Though the entertainment industry may be infatuated infatuated with streaming, the legacy media companies behind all the new subscription services haven’t quite found the right way to profit from them. NBC/Universal earned nearly a billion dollars in committed ad revenue with Peacock this year, causing them to take a hard look at all of their low-rated cable channels. And HBO Max is thinking twice about producing original programming in countries like Turkey and Sweden.
Meanwhile, the “Minions: The Rise Of Gru” is the lates blockbuster release that is proving the box office is back for everyone, even families. The worldwide gross of “Top Gun: Maverick” continues to soar, but will Paramount leave it in theatres long enough to fully capitalize.
Of course we also cover the week’s top entertainment headlines including the Creative Artists Agency completes its acquisition of rival ICM, Disney renews CEO Bob Chapek and Alec Baldwin commiserates with Woody Allen.
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Showbiz Sandbox 584: Cannes Film Festival Showcases Industry Revival
May 31, 2022
Unlike some years, there was no frontrunner or obvious favorite to win the Palme d’Or at the 75th annual Cannes Film Festival which concluded over the weekend. Instead, the social satire “Triangle of Sadness” from Swedish filmmaker Ruben Östlund took the festival’s top prize, the second time he has won the award. We discuss the highlights and big winners from this year’s Cannes.
Meanwhile “Top Gun: Maverick,” which was shown at Cannes, finally premiered in movie theaters setting all kinds of box office records. It is far and away the biggest opening weekend its star Tom Cruise has ever had as it looks to go on and become his biggest hit.
Of course we also cover the week’s top entertainment headlines including the winner of this year’s Eurovision song contest, Justin Timberlake sells his recording catalog and politicians hope to strip Disney of its Mickey Mouse copyright.
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Showbiz Sandbox 527: Sundance Film Festival Overcomes Pandemic Hurdle
February 4, 2021
How do you hold a film in the midst of an infectious health crisis such as the COVID-19 pandemic? Just ask the Sundance Film Festival who managed to pull off a virtual film festival that felt quite similar to the real deal right down to the blockbuster acquisition deals for this year’s most popular titles. There was even a virtual bar for attendees to hang out and network with one another. We’ll fill you in on all the movies from this year’s festival that you’ll be hearing about throughout 2021.
Meanwhile, last year’s noteworthy movies and television shows are heading into a delayed awards season with the Hollywood Foreign Press Association announcing their Golden Globe Nominees. If the Globes are any indication, which is not always the case, then streaming services may dominate this year’s round of awards.
Of course we also cover some of the week’s top entertainment headlines including the AMC stock price surge, Warner Music goes solo and we may finally have seen the end of Peak TV.
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Showbiz Sandbox 508: The New Mutants – Agents Become Managers
August 31, 2020
At a time when streaming giants have eroded box office participation and rich TV syndication deals, a significant number of high level talent agents have begun leaving their prestigious positions to become managers. They hope to help top celebrities build companies around themselves in the same way Gwyneth Paltrow and Reese Witherspoon have become business moguls.
Meanwhile, Christopher Nolan’s “Tenet” finally opened in theaters, at least in some international territories. Despite limited capacity screenings the blockbuster managed to live up to the hype earning $53 million at the box office. Even so, two hit films from China made even more money over the past week.
Of course we also cover some of the week’s top entertainment headlines including a big syndication deal for “Young Sheldon,” the New York Times stops printing its TV listings and the Korean boy band BTS blows up a few records with its new single.
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Showbiz Sandbox 505: The Marvel and Mao Effect: A Hollywood Exec Heads to China, Hijinks Ensue
August 11, 2020
In his 17 years as the President of DMG Entertainment Motion Picture Group, Chris Fenton helped bring 20 Hollywood movies to China, facilitating co-productions, financing and distribution on blockbusters such as “Iron Man 3” and “Looper.” In his new book, “Feeding the Dragon,” the former William Morris agent details his time working in the entertainment industry and China. Fenton helps us read the tea leaves about the future for the relationship between the major studios and China.
Meanwhile, the entertainment industry is undergoing some seismic shifts. In a single week the Paramount Consent Decree was killed for good, television packaging is heading into the sunset and theatrical release windows for studio films just collapsed.
Of course we also cover some of the week’s top entertainment headlines including an executive shakeup at NBC, Taylor Swift sets a new chart topping record with her new album and the Eurovision song contest is coming to the United States.
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Showbiz Sandbox 503: An Actor’s Life During A Pandemic
July 21, 2020
Like so many other working actors in New York John Keating saw his world turned upside down by the COVID-19 pandemic. Suddenly, his side gig narrating audio books became a lifeline like never before. We talk to Keating about the impact of the coronavirus shutdown, what it’s like to record an audiobook at home and a new online production of the ghostly tale “The Weir” put together by The Irish Repertory Theatre.
Meanwhile, screenwriters have been locked in a year-long battle with their agents who the scribes claim have placed their own interests ahead of the writers they supposedly represent. Now the peace agreement between the Writers Guild of America has come to an agreement with United Talent Agency which would end packaging deals. Is it just a matter of time before the other big talent agencies follow suit?
Of course we also cover some of the week’s top entertainment headlines including a big promotion for Netflix’s content chief, Ted Sarandos, China begins reopening movie theatres and “Dancing With The Stars” ditches its longtime hosts.
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Showbiz Sandbox 473: There Is A Disturbance In The Chinese Force
December 23, 2019
The “Star Wars” franchise was never a huge phenomenon in China the way it was elsewhere in the world, so it wasn’t much of a shock when the latest installment, “Star Wars: The Rise of Skywalker” flopped in its opening weekend in the country. It even came in second behind a local martial arts epic from Donnie Yen. In fact, eight out of the top ten earning movies in China during 2019 were homegrown hits as the country’s annual box office reached new heights.
The box office won’t break any records in North America this year, despite the strong opening of “Star Wars: The Rise of Skywalker.” A film version of the Andrew Lloyd Webber musical “Cats” sure isn’t helping either. It opened to scathing reviews and grosses to match. Good news though, a new version of the film should be in theaters for its second week.
Meanwhile, Netflix released subscriber info region by region and investors liked what they heard. Obviously, Netflix has hit peak subscribership in the United States, but when you look at how the company is doing in the rest of the world, you can see its customer base is growing substantially.
Of course we also cover the week’s top entertainment headlines including a new owner for Miramax, NBC/Universal reveals the pricing for the upcoming streaming service and “South Park” rules cable television for the seventh year in a row.
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Showbiz Sandbox 453: The Biggest Disaster in the History of the Music Industry
July 2, 2019
When a fire ripped through Universal Studios in Los Angeles back in 2008 it was initially feared that all of the historic films and music locked away in the vaults that burned were lost forever. At the time Universal reported that, quite miraculously, very little damage had occurred and that few, if any, of the master recordings in the vaults were damaged.
However, in an in-depth investigative piece The New York Times reports that the fire actually wiped out hundreds of thousands of invaluable masters of legendary recording artists such as Louis Armstrong, Chuck Berry, Duke Ellington, Billie Holiday, Elton John, Nirvana and possibly hundreds of others. Universal Music Group continues to insist the loss is overstated, but artists are clamoring for more information and the first class action lawsuit has already been filed.
Meanwhile talks between the Writers Guild of America and the Association of Talent Agents over packaging fees and affiliate productions have stalled and now lawsuits have started to fly.
Of course we also cover the week’s top entertainment headlines including which Broadway shows got a post-Tony Awards bump in grosses, J.J. Abrams lands at WarnerMedia and Celine Dion is leaving Las Vegas.
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Showbiz Sandbox 387: Has Star Wars Turned Disney Into The Evil Empire?
November 6, 2017
Last week it was released that Disney would be charging movie theaters a record high percentage of box office and a minimum guaranteed run in order to book “Star Wars: The Last Jedi.” At the same time, the studio has blacklisted the Los Angeles Times from reviewing and covering its films. We’ll explain why.
In television news, the Nielsen ratings company is giving us a peek into viewership for the Netflix series “Stranger Things.” And the BBC is opening up its digital platform to different sports leagues so more games can be seen for free by more people.
We also continue to provide updates on the sexual harassment allegations that have plagued the entertainment and media industries over the past month. The rap sheet of people fired or quitting over revelations they’ve been sexually harassing and assaulting people for years grows longer and longer…starting with Kevin Spacey, who has seen his life collapse in just one week.
Of course we also cover the week’s top entertainment news including discussion of a “Lord of the Rings” television series, how YouTube has become a leading music curation platform and the Country Music Awards try and squelch the debate over gun control.
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Showbiz Sandbox 169: How TV Networks Learned To Stop Worrying And Love The DVR
October 29, 2012
Major networks used to bemoan the use of DVRs out of fear that audiences would use them to skip over commercials. However, with DVRs in almost half of all US homes, they have begun touting the big audience increases some of their shows get after factoring in time shifted viewing. Scott Collins, a television reporter with the Los Angeles Times, discusses modern-day TV ratings and how the industry is coping as viewing habits change.
And if you thought television networks were in trouble, they’ve got nothing on the film industry. If you were to believe folks like film critic David Denby and a recent New York Times article, movies may not even be relevant anymore.
Talent agencies aren’t immune from all the changes affecting the industry. Last week the longtime head of ICM Partners, one of the world’s largest ten percenteries, announced he’d be leaving to start a new agency.
Of course, we also cover the week’s top entertainment news including how a child sex abuse scandal at the BBC, the merger of publishing giants Penguin and Random House, and an Amy Winehouse musical.
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