Showbiz Sandbox 172: The TV Industry Has Its Head Up Its Ass

Kevin Reilly, chairman of entertainment at Fox Broadcasting, realizes the ways people watch TV have radically and irrevocably changed. He believes the industry has not even remotely caught up to that fact yet. Or, as he puts it, “We have our head up our ass.” We’ll discuss the checklist Reilly provided at recent industry event which touched on every facet of the business.

As the year draws to a close the awards season has begun to heat up as both the Gotham Awards and European Film Awards were handed out last week. We’ll give you a rundown of who the big winners were and which movies are topping the first few year-end critics polls.

In theater news one can make it big with an Off-Broadway production, they just can’t make big money. A few recent hit shows are closing after barely breaking even or never turning a profit.

Of course we also cover the week’s top entertainment headlines including a list of top earning musicians, Jeff Zucker lands at CNN and why China may surpass the United States as the biggest movie market in the world.

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Showbiz Sandbox 148: Soaking Up This Year’s Cannes Film Festival

Uncharacteristic inclement weather drenched the first half of this year’s Cannes Film Festival, though the rain could not dampen the spirits of attendees or distributors looking to acquire hot titles. Are the selections at this year’s festival going to be future award contenders as they were last year with “The Artist” and “Tree of Life”? We’ll let you know.

Of course, Cannes has never been short on movie stars. This year’s festival has featured appearances from Bruce Willis, Nicole Kidman, Robert Pattinson, Kristen Stewart and Brad Pitt, to name just a few. However some journalists are finding that getting access to such talent can be costly, especially if you have to pay thousands of euro for interviews. We’ll explain.

One film that didn’t make it into the festival is “Battleship”. The $200 million action film finally opened in North America over the weekend to poor reviews and tepid box office receipts. Like Disney was forced to do with “John Carter”, Universal will likely take a write down on the movie.

We also cover the week’s top entertainment headlines including this year’s entries to the National Recording Registry, ABC’s plans to expand “Good Morning America” to the afternoon and the creator of “Community” gets fired from his own show.

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