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 234: Scandal and Politics Invade Hollywood (Again)
May 5, 2014
Two real-life controversies are presently complicating life in Hollywood where studios prefer to make lots of money and ignore complicated social issues or the sometimes tawdry private lives of their executives and talent. The first involves accusations of forcible rape by movie director Bryan Singer. The second involves boycotting a historic Tinseltown hotel over its owners politics.
In less contentious news it appears our prediction about the future of Craig Ferguson as host of the “Late Late Show” was correct, and he will indeed be departing by the end of this year. The host says the decision was entirely his own, despite what it might look like with David Letterman retiring from his show’s lead in, “Late Night”.
Tony nominations were announced last week to honor some of this year’s best and brightest Broadway productions and performers. We give you a rundown of all the front runners as well as a look at a few that didn’t make the cut.
Of course, we also cover the week’s top entertainment news stories including the “Star Wars Episode VII” casting announcement, AT&T’s acquisition offer of DirecTV and Ben Affleck’s blackjack trouble.
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