Showbiz Sandbox 248: Hollywood Squeezes States For More Tax Breaks

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.

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Showbiz Sandbox 195: Hollywood Exploits 9/11 Imagery For Its Implosive Blockbusters

June 19, 2013

As “Man of Steel” sets the worldwide box office aflame, the latest Superman reboot also serves as yet another example of a Hollywood blockbuster exploiting the imagery of 9/11 for apocalyptic purposes. Kyle Buchanan, the Movies Editor at New York Magazine, would like to see filmmakers stop relying on meaningless urban destruction.  He joins us to discuss his recent article calling for an end to the “orgy of gratuitous building-battering” in big budget movies.

Steven Spielberg and George Lucas are two filmmakers quite familiar with blockbuster movies.  Now, the directors who helped launch the modern day tentpole release are predicting an “implosion” for Hollywood, along with a handful of other pessimistic prognostications.  We’ll tell you what they had to say in a recent panel discussion.

Last week also saw Apple finally get into the music streaming business with the announcement of iTunes Radio.  Only time will tell whether Apple will be able to compete with Pandora, Spotify and all of the other existing players in the space, though we’re not overly impressed.

Of course we also cover the week’s top entertainment news including a legal victory for Hollywood interns, Arnold Schwarzenegger returns to “The Terminator” and The Muppets head to Broadway.

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

December 3, 2012

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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