July 27, 2015
A string of big budget Hollywood sequels and prequels like “Jurassic World”, “Avengers” and “Minions” have driven the 2015 summer box office nearly 15% higher than last year. And not just in the United States. Countries all over the world are reporting strong movie attendance, especially in China where homegrown productions have been the top grossing releases.
It doesn’t hurt that North American moviegoers are currently paying the highest ticket prices on record. Just ask IMAX which just reported the highest quarterly earnings in the company’s history.
It isn’t all good news for Hollywood studios however. The European Union is charging the six major distributors with antitrust violations over what regulators allege are illegal licensing contracts with cable operators. Should the EU prove their case, it could cause havoc by eradicating longstanding entertainment industry business models.
Of course we also cover the week’s top entertainment news including the Emmy Award nominations, the approval of AT&T’s merger with DirecTV, why Neil Young is yanking his music from streaming services.
September 9, 2014
California is set to triple their tax subsidies for film and television production to more than $330 million annually in an effort to stem the tide of runaway production to states with larger tax incentives. Richard Verrier of the Los Angeles Times discusses the growing debate over the value of film tax breaks and whether they actually create new jobs, or just shift them to different locations.
There is absolutely no debate over whether this summer’s box office was down from the previous year. However as we explain, comparing year-over-year box office figures is misleading at best and ultimately a fool’s errand.
In an unusual move the rock band U2 will be giving away its new album “Songs of Innocence” to more than 500 million iTunes users for a limited time. Making the release free to download only serves to further underscore where most artists make their money these days; on tour.
Of course, we also cover the week’s top entertainment news stories including the new head of DreamWorks, why it will take a century for anyone to read author Margaret Atwood’s latest work and “The Simpsons” make their way to China.
September 17, 2012
Anne Thompson has just returned from two whirlwind weeks at the Telluride and Toronto Film Festivals. The editor of Indiewire’s Thompson On Hollywood blog is happy to report that, despite all the doomsayers, there is still reason to believe there are plenty of good studio and independent movies awaiting release this year. Thompson joins us for a discussion about this year’s festivities and tells us which films came out ahead as the awards season kicks off in earnest.
Someone who knows a few things about good how to make good movies is Tom Rothman, the Co-Chairman of Twentieth Century Fox Filmed Entertainment along with Jim Gianopulos. Rothman announced he would be stepping down on January 1st, ending his 18-year tenure as head of the studio. Gianopulos, on the other hand, is sticking around to run the studio on his own.
The new TV season ramped up last week with the debut of Katie Couric’s daytime talk show and the season premiere of “Sons of Anarchy” pulling in big ratings.
Of course, we cover the week’s top entertainment news stories including this year’s Kennedy Center honorees, two new judges on “American Idol” and why streaming music could be bad for the environment.