Showbiz Sandbox 395: The Future of Television Is Now and It’s Online
January 15, 2018
Though the number of pay-TV subscribers grew by 1.2% last year, in mature media markets consumers continue to cut the cord, migrating to over the top (OTT) services provided by an increasing list of streaming services. In fact, Hulu just announced they now have 17 million subscribers for their on-demand and live-TV services. The promise of a future wherein we could watch whatever we want, whenever we want may finally be here. Now all we need is half a dozen streaming subscriptions.
Meanwhile, as the Directors Guild of America and BAFTA announce their nominees for year end honors, the awards season begins to further define some of its frontrunners. Though not always telling of who might wind up on Oscars shortlist, “The Shape of Water” and “Three Billboards Outside Ebbing, Missouri” continue to rack up the most nods.
And unfortunately cases of sexual misconduct continue to make headlines. The revered French actress Catherine Deneuve joined 100 other women from France to accuse the #metoo movement of having a pack mentality that sometimes mistakes flirting for sexual assault and winds up destroying people’s lives in the process.
Of course we also cover the week’s top entertainment news including why YouTube is facing a backlash over a post by one of its popular vloggers, “Modern Family” will end after its tenth season and why Radiohead might be suing Lana Del Rey over copyright infringement. Read more
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Showbiz Sandbox 262: Will “The Interview” Become A Rallying Cry For Freedom?
December 23, 2014
When the U.S. government identified North Korea as the culprit behind a cyberattack on Sony Pictures, the incident quickly became a matter of international security. As the studio halted the release of an upcoming political satire it seemed as if they had acquiesced to the hacker’s demands in what many saw as a direct attack on free speech. Now that Sony has reversed course and will distribute the film, will “The Interview” become a patriotic rallying cry for freedom?
Maybe one day “The Interview” will be selected by the Library of Congress for the National Film Registry. This year’s entries include “Ferris Bueller’s Day Off”, “The Big Lebowski” and “Rosemary’s Baby” along with many other influential movies.
Meanwhile, an upstart performance rights organization continues to threaten YouTube over more than 20,000 songs for which it says the streaming media giant doesn’t have a license. The details of the dispute get mired down in complicated copyright law, but it just goes to underscore how important streaming revenue is becoming to entertainment companies.
Of course, we also cover the week’s top entertainment news stories including Madonna’s new album gets leaked online, the hit film “School of Rock” is heading to Broadway and why HBO is giving up on overnight ratings.
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Showbiz Sandbox 260: The Race To Build A Bigger, Louder And More Expensive Movie Theater
December 8, 2014
When it comes to giant screen cinema IMAX is still the most dominant player, but with theater owners building their own premium large format auditoriums new competitors have started to spring up. Dolby, a company known for cinema audio technology, is the latest to enter the fray with their own PLF offering that includes bigger screens, more immersive sound and, of course, a higher ticket price. Whether such offerings will catch on with moviegoers remains to be seen.
The only big news anyone in the entertainment industry wants to talk about right now is the cyber attack on Sony Pictures. Security experts say it’s shaping up to be the largest and most damaging hack against a commercial business in history. Authorities investigating the crime are no closer to catching the perpetrator than when the incident first made headlines two weeks ago.
The Grammy Awards were also making headlines last week. In fact, the annual music awards show tried to stay at the top of the news cycle by announcing nominees via various platforms throughout the course of an entire day. The real story however, turned out to be which musicians actually received nominations and which were overlooked.
Of course, we also cover the week’s top entertainment news stories including the name of the next James Bond film, U2 announces a world tour and CBS gets into another retransmission dispute.
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Showbiz Sandbox 259: Sony Hack Reveals Hollywood’s Digital Dilemma
December 1, 2014
Digital technology helped Hollywood significantly reduce the production cost of movies that overflow with stunning visual effects. One major downside to such technological advances is how easy it has become to steal, duplicate and distribute pristine copies of digital content. Movie studios were reminded just how vulnerable they are after a cyberattack against Sony Pictures resulted in several upcoming films being leaked online.
Netflix, on the other hand, delivers digital content legally, even if some of its subscribers happen to be access the service surreptitiously from countries where the company doesn’t operate. Netflix announced it would be launching soon in two such countries; Australia and New Zealand.
On Broadway meanwhile, productions are gearing up for what is usually a busy holiday season. A few new musicals however are off to slow starts. We’ll give you a rundown on how all the shows are doing and which are worth seeing.
Of course, we also cover the week’s top entertainment news stories including Russia’s proposed boycott of Hollywood movies, why Hasbro ditched Dreamworks Animation and how Apple intends to bundle Beats Music.
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Showbiz Sandbox 215: How Many Music Streaming Services Does It Take To Make A Profit?
December 2, 2013
Just when you thought the online music streaming space couldn’t get any more crowded or competitive, along comes Deezer. The French company already boasts 5 million paying subscribers in 80 countries and now plans to launch in the United States, where Spotify and Pandora are the market leaders. However, none of these companies are actually profitable, which may be why services like Rdio went through a round of layoffs in November and Turtable.fm is shuttering.
Profitability seems to be an issue for Sony Pictures too. The movie studio lost $181 million last quarter leading to the announcement of significant cost cutting measures in the wake of some summer box office duds.
Disappointing earnings and a declining subscriber base are also a problem at Time Warner Cable. As telcos and satellite providers continue to erode their market share, rumors have begun swirling that the second largest cable operator in North America might be acquired by one or more of its competitors, including Comcast.
Of course, we also cover the week’s top entertainment news stories including the Thanksgiving weekend’s record breaking box office, “Spider-Man: Turn Off The Dark” lowers the curtains on its Broadway run and the mediocre sales figures of Lady Gaga’s latest album.
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Showbiz Sandbox 184: How Authors Rig The Bestseller Lists
March 4, 2013
When Soren Kaplan’s “Leapfrogging” was published last summer it immediately appeared on the Wall Street Journal’s list of best-selling business books, a position that would be maintained for only a week. That was more than enough time for Kaplan to cement his status as a best-selling author which, in-turn, helps him land lucrative speaking and consulting gigs.
That is precisely why Kaplan hired a marketing firm to purchase copies of the book upon publication to assure it would appear on bestseller lists. During an interview with the Journal, Kaplan reveals how authors buying their way onto the bestseller list is a dirty little secret the publishing industry would prefer you not know about.
Dreamworks Animation is not being completely honest either. They took huge write-downs on their most recent release “Rise of the Guardians” and faulted the film’s weak performance as the reason for laying of 400 employees. However many question whether the company’s decision to move some of their production to China may have more to do with it.
Of course we also cover the week’s top entertainment headlines including the best yearly music sales since 1999, the end of Daily Variety and whether NBC is looking to part ways with Jay Leno (again).
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Showbiz Sandbox 131: Broadway Flops Find New Life On The Road
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.
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Showbiz Sandbox 113: Hollywood Studios Think Twice About Comic-Con
July 25, 2011
Attendance at this year’s Comic-Con was higher than ever. Geoff Boucher of the Los Angeles Times and Alex Billington of First Showing were in San Diego last weekend sitting in on, if not moderating, panel discussions with the likes of Steven Spielberg, Peter Jackson, Francis Coppola and “Game of Thrones” cast members. In filling us in on all the highlights they explain why some studios skipped this year’s festivities and why next year’s convention is set to be the biggest Comic-Con yet.
There was also some sad news this past weekend as we learned about the untimely death of soul singer Amy Winehouse at the age of 27. The troubled young singer battled with drug addiction since rising to stardom in 2006 and her death raises the question over what responsibility the entertainment industry has in helping artists with drug or alcohol problems.
There was better news on Broadway where at least three recent shows turned a profit with even more shows about to follow suit. Even the much-hyped disaster “Spider-Man: Turn Off The Dark” is shaping up to be a financial success.
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Showbiz Sandbox 107: The Pros And Cons Of Cloud Music Services
June 13, 2011
After months of rumors and speculation Apple finally announced their cloud music service last week. Aptly named iCloud, the new service joins similar offerings from both Amazon and Google. Though each of the services has their benefits, no two are exactly alike. Amazon and Google stream music over the Internet and require you to upload your entire music library. Apple doesn’t do any of those things. We dissect the pros and cons of all three services and wonder why anyone really needs them in the first place.
Something else that’s probably not needed is a sequel to “Tron: Legacy” but thanks to a television series spinoff of last year’s sci-fi blockbuster, we’ll probably get one. And it will probably be in 3D like its predecessor even though Dreamworks Animation head Jeffrey Katzenberg is heartbroken over the decline of the format.
The Tony Awards were handed out on Sunday and as we predicted, “The Book Of Mormon” walked off with the most trophies, including Best Musical. But what is a Tony really worth to a Broadway show’s bottom line? We’ll try and find out.
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Showbiz Sandbox 98: Why New Distribution Models Terrify Hollywood
April 4, 2011
Movie studios, television networks and record labels still haven’t updated their business models to account for video and music streaming services like Netflix and Spotify. Now companies such as Amazon, Google and Apple plan on introducing a whole new group of media subscription services. With premium video-on-demand on the horizon it’s no surprise the entertainment industry is concerned about all these disruptive distribution methods.
One of the biggest players in the current content licensing wars has been Netflix. Showtime and Starz began pulling shows from the video rental giant, while Fox and Paramount offered up popular series and hit movies. Cable operators have also entered the fray by allowing viewers to watch live television on mobile device apps.
The creator of “Mad Men” was embroiled in his own fight with AMC and Lionsgate over the future of the series. In the end, Matthew Weiner was able to reach an agreement on a new contract, though new episodes won’t air until 2012.
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