Showbiz Sandbox 247: Everything You’ve Heard About This Summer’s Box Office Is Wrong

Listening to the chorus of industry naysayers or reading all the media reports might lead you to believe this year’s summer movie season was a complete financial disaster from which Hollywood could not recover. Granted, North American box office declined 15% from the same period last year, marking an 8 year low, and attendance was off by 5%. Even so, there were no huge flops over the summer and certainly none that would send a shiver down the spine of studio execs.

In fact, most of this summer’s releases will make money when international receipts are added to their theatrical grosses. The only problem with that, as Ben Fritz of the Wall Street Journal points out, is that not all box office dollars are counted equally when they are earned overseas.

We’ll also discuss how giant telecom companies are trying to maintain their stranglehold on the Internet in the United States by preventing cities from offering broadband to residents as a public utility. Such legal skirmishes are becoming more important as we move toward streaming services for movies and music.

Of course, we also cover the week’s top entertainment news stories including a new children’s book written by Bruce Springsteen, the first woman ever chosen to head the BBC and a King Arthur movie franchise may finally become a reality.

Continue reading Showbiz Sandbox 247: Everything You’ve Heard About This Summer’s Box Office Is Wrong

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Showbiz Sandbox 56: What You Talkin’ Bout Guillermo?!

The past week’s entertainment news was filled with surprises. First Gary Coleman, star of the hit 80’s sitcom unexpectedly died at the age of 42 from a brain hemorrhage. Then, after more than two years of work, the ongoing turmoil at MGM causes director Guillermo del Toro call it quits on the film adaptation of J.R.R. Tolkien’s “The Hobbit”. A question lingers over whether Peter Jackson will step in to helm the film himself?

Meanwhile, the Hollywood Reporter, one of the industry’s big trade papers, left many mouths agape when they hired former Us Weekly editor Janice Min to transform the film into a broader weekly publication.

Maybe not such a surprise was the tepid box office results over the North American Memorial Day Weekend. Customarily the start of the summer blockbuster season, this year audiences stayed away from theaters, probably because they don’t find any of the new releases, including “Sex and The City 2” and “Prince of Persia” all that interesting. Another expected, though sad, turn of events was the passing of actor Dennis Hopper, who had been battling prostate cancer since last October.

Over in the music world, Germany’s Lena Meyer-Landrut won the 2010 Eurovision Song Contest with her catchy pop song “Satellite”.  Continue reading Showbiz Sandbox 56: What You Talkin’ Bout Guillermo?!

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