Showbiz Sandbox 543: Amazon Grabs a Lion’s Share of MGM
June 1, 2021
In a move that had been rumored for weeks, Amazon became the first tech company to purchase a Hollywood movie studio in an $8.45 million deal. The acquisition will arm Amazon with over 4,000 movies like the Bond Franchise, “The Pink Panther” and “Robocop,” not to mention upwards of 17,000 television episodes. The real question is why did it take so long for a tech giant to buy a movie studio?
Meanwhile, a holiday weekend helped spark the post-pandemic North American box office as movies that were originally scheduled for release last year opened in theaters. Some new titles like “Cruella are also available on VOD at the same time. Is day-and-date releases hurting the box office prospects of such films?
Of course we also cover some of the week’s top entertainment headlines including the Academy Awards returns to its normal schedule, HBO Max is moving into Latin America and why “Friends” was censored in China.
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Showbiz Sandbox 425: Ticketmaster Gets Caught Abusing Its Market Domination
September 24, 2018
When Live Nation and Ticketmaster merged eight years ago it was openly feared that the combined companies would run roughshod over the industry and consumers alike. While there has been speculation about some of the shenanigans Ticketmaster has been up to since then, we now have conclusive proof that the ticketing juggernaut is manipulating the market and working with resellers in the secondary market in order to collect additional fees. They’ve even developed a software tool for just such a purpose.
The United States Senate, meanwhile, passed the Music Modernization Act. It creates a blanket mechanical license which allows for songwriters and artists receive royalties for streaming. It also fixes the problem of receiving royalties for works created before 1972 and includes producers in the new scheme. We’ll take a look a the new bill and explain what it all means.
Speaking of music, a new report indicates that industry revenue in North America is up slightly during the first half of 2018, just as Spotify makes it even easier for independent artists to post their music directly to the streaming service. Does that make Spotify a record label?
Of course we also cover the week’s top entertainment headlines including Kelly Clarkson gets a new daytime talk show, Comcast beats Disney in an auction for Sky in the United Kingdom and singer Sam Smith loses his voice just before going on stage.
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Showbiz Sandbox 366: Shifting TV Viewership is Affecting Ratings, Ad Sales and Future Programming Decisions
May 15, 2017
All the major television networks are preparing their dog-and-pony shows for advertisers at this year’s upfront presentations as they look to sell $9 billion worth of commercial time for the upcoming season. However with viewership continuing to become more fractured, the industry has grown concerned that falling ratings over the past year will lead to lower ad sales. Which raises the question about just how accurate audience measurement is these days.
Networks have begun taking measures to shore up potentially weaker ad sales by demanding harder bargains from production companies, owning more of their own series and making untold fortunes internationally with certain shows. They’re also dabbling more and more with live television specials including musicals such as “A Christmas Story”.
The 70th edition of the Cannes Film Festival will also begin this week, though not without some controversy over two Netflix titles screening in competition, but not in French movie theaters. This has led Cannes to create a new rule beginning in 2018 that any film selected for the festival must have a theatrical release in France.
Of course, we also cover the week’s top entertainment news including why Spotify might abandon plans for its IPO in lieu of a direct list o the stock market, Cheryl Boone Isaacs decides not to run for another term as head of the Academy of Motion Picture Arts and Sciences and Kelly Clarkson joins “The Voice” just as ABC announces the return of “American Idol.”
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Showbiz Sandbox 136: Crafting A Story For The Grammys Through Triumph and Tragedy
February 13, 2012
Los Angeles Times entertainment reporter Geoff Boucher was on assignment at the Grammy Awards when he heard about the the sudden death of pop star Whitney Houston over the weekend. While still covering music’s biggest night, Boucher was given two hours to write Houston’s obituary for the Sunday paper.
At the same time, David Wild was backstage at the Grammys putting the finishing touches on his script for the telecast. A contributing editor at Rolling Stone and best-selling author, Wild had less than 24-hours to work with Grammys producer Ken Ehrlich and revise the awards in the wake of Houston’s passing.
After an exhausting weekend Boucher and Wild join us to discuss how this year’s Grammys focused on two voices; one looking to the future with Adele winning six awards and one honoring the past by mourning the fresh tragedy of Houston’s death.
A whopping 40 million people watched this year’s Grammys telecast, though if we were to believe Nielsen few of them were under the age of 24. Brian Stelter of the New York Times stops by to explain why young people are watching television less often.
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