September 26, 2016
After more than a decade in decline, the sale of recorded music in the United States is set to grow for the second straight year thanks to increased revenue earned from music streaming services such as Spotify. Even so, the music industry is taking in half of what it earned at its peak late 1990s because streaming revenue hasn’t made up for the falloff in actual sales.
Meanwhile, the Dalian Wanda Group continues its invasion of Hollywood by cutting a deal with Sony Pictures to market movies in China. Wanda can practically guarantee the success of a new release given that it controls the largest movie theater chain in China ensuring a film will be scheduled heavily when it opens.
There is no sure bet at Viacom however as the media giant’s leadership remains in turmoil. It’s interim CEO is stepping down sooner than expected and the vice chairman of Paramount Pictures is also exiting. Then last week the company announced it would take a $115 million loss on a movie that hasn’t even been released yet.
Of course we also cover the week’s top entertainment news including a new law requiring websites like IMDb remove an actor’s age upon request, the BBC gets into a bake off battle and why Netflix is getting more original every day.
December 14, 2015
Sal Nunziato, former co-owner of the shuttered record store NYCD, is now a musician and popular music blogger. He joins us to weigh in on his favorite albums of 2015 and unlike Rolling Stone magazine, Adele’s latest release didn’t make Sal’s list. Who better to get a state of the industry report on the music business?
The end-of-year awards season continued to kick into high gear as the Golden Globes announced their nominees. The SAG Awards may matter more however, since some of the guild’s members actually vote for the Oscars. Even after these nominations the Oscar race continues to be wide open.
With “Star Wars: The Force Awakens” opening this week it’s impossible to avoid news about the eagerly anticipated sequel. Disney’s secrecy over the project reached new heights when the studio held its press junket without first showing the film to the media.
Of course we also cover the week’s top entertainment news including Melissa McCarthy’s sitcom is canceled, “Dirty Dancing” is being adapted into a television musical and Apple presses pause on its plans to offer a live streaming television service.
March 4, 2014
If you weren’t surprised by any of the winners at this year’s Oscar ceremony, you may have Oscar prognosticators like Anne Thompson to blame. Indiewire’s editor-at-large was at the big show and joins us to discuss the telecast, the show, and all the money and effort poured into the annual awards season. Thompson also fills us in on her new book “The $11 Billion Year: From Sundance to the Oscars, an Inside Look at the Changing Hollywood System“.
The business side of the film industry isn’t the only aspect of movies that is evolving. The sound accompanying new releases is getting a few enhancements thanks to immersive 3D audio. This has created an industry battle over audio formats.
Speaking of disputes, 19 Recordings, the music label responsible for “American Idol”, is once again suing their partner Sony. This time the argument is over the issue of whether digital tracks are sold or licensed to buyers. There is a huge difference in the royalty paid for each.
Of course, we also cover the week’s top entertainment news stories including Tyler Perry leaves Lionsgate, Paramount is bullied into changing the marketing for “Noah” and Dreamworks Animation takes a write-down on “Turbo”.