Showbiz Sandbox 621: Summer Box Office Is Much Cooler Than Expected
July 4, 2023
In a year which boasted a bevy of summer blockbusters, moviegoers haven’t been turning up at theaters for some of the more highly anticipated releases. Instead, big budget titles such as “The Little Mermaid,” “Elemental,” “The Flash,” and even “Indiana Jones and the Dial of Destiny” among others have all had underwhelming opening weekends. Is depressed movie attendance a temporary trend or is it the new normal?
Meanwhile, when SAG-AFTRA extended their contract negotiations with producers into July Hollywood averted a dual strike with both actors and writers walking picket lines. The ongoing writers strike is already causing studios to shift release dates back by months if not years.
Of course we also cover the week’s top entertainment headlines including the Academy sets new rules for the Best Picture Oscar, big name directors make their case for the Turner Classic Movies network and Ryan Seacrest takes over as host of “Wheel of Fortune.”
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Showbiz Sandbox 338: CBS and Viacom May Wind Up Together After All
October 4, 2016
After originally splitting 10 years ago, Viacom and CBS may once again become a single organization. While a merger may help save Viacom, it doesn’t necessarily benefit the cash rich CBS. Even so, since the Redstone family owns the controlling share of both companies, it seems inevitable the two will once again be joined whether they like it or not.
Meanwhile the Federal Communications Commission has paused its attempt to wrestle the control of television set-top boxes away from cable providers, delaying a vote in order to clarify some of the rules included in the proposed legislation. That means consumers in the United States will still spend $20 billion for at least the next two years renting cable boxes.
At the box office, “Miss Peregrine’s Home for Peculiar Children” helped reverse the fortunes of Tim Burton’s latest films and even “Deepwater Horizon” may be not be the disaster some had predicted.
Of course we also cover the week’s top entertainment news including why NBC is dumping its “Mail Order Bride”, Disney plans on making a live-action version of “The Lion King” and a huge chunk of Rolling Stone magazine gets sold off.
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