Showbiz Sandbox 156: Olympic Telecasts Turn Everyone Into A Sports Expert

The 2012 Summer Olympics got off to an auspicious start last week with coverage of the opening ceremonies earning record ratings. With broadcasters presenting events live on multiple channels, as well as streaming online, it’s never been easier to keep up with the games. We review how broadcasters are covering the Summer Olympics, not to mention explain why there always seem to be empty seats at sold-out events.

Meanwhile, the aftershock of the “Dark Knight Rises” theater shooting in Aurora, Colorado continue to ripple through Hollywood. Box office grosses were down significantly over the past weekend, though it is hard to know if moviegoers are staying away out of fear, or if something else is deterring them from theatres … like coverage of the Olympics.

Maybe cinema patrons are simply staying home to watch Netflix. Despite turning a profit and increasing their subscriber base, the company’s stock price declined. This didn’t stop Netflix from announcing they would soon be launching their movie rental service in Western Europe.

We also cover the week’s top entertainment headlines including a third “Hobbit” movie, what caused Warner Bros. to sue Amazon users and why the FCC fined Comcast.

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