Showbiz Sandbox 245: Guardians of the Celluloid – Hollywood Big Shots Rally Around Film Stock

With the entertainment industry having fully embraced digital technology, the world’s only remaining motion picture film supplier was preparing to cease manufacturing 35mm stock. However, a group of influential filmmakers, Christopher Nolan and Quentin Tarantino among them, have convinced studios to enter into an agreement with Kodak that will keep celluloid alive for a few more years.

Digital technology was actually supposed to simplify the production and distribution of movies, music and television. Yet as the industry adapts to new tools and workflows the learning curve has been long and steep. The most recent example occurred when a digital content file was mislabeled and caused cinemas to play the wrong movie.

Meanwhile, the television streaming service Aereo can’t seem to catch a break. Even after tge U.S. Supreme Court ruled they are acting as a cable operator the U.S. Copyright Office refuses to issue Aereo a compulsory license claiming they are not a cable company.

Of course, we also cover the week’s top entertainment news stories including some controversial comments about the current conflict in Gaza, Alvin and the Chipmunks head to Broadway and the pop star Lorde curates music for the next “Hunger Games” movie.

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Showbiz Sandbox 215: How Many Music Streaming Services Does It Take To Make A Profit?

Just when you thought the online music streaming space couldn’t get any more crowded or competitive, along comes Deezer. The French company already boasts 5 million paying subscribers in 80 countries and now plans to launch in the United States, where Spotify and Pandora are the market leaders. However, none of these companies are actually profitable, which may be why services like Rdio went through a round of layoffs in November and Turtable.fm is shuttering.

Profitability seems to be an issue for Sony Pictures too. The movie studio lost $181 million last quarter leading to the announcement of significant cost cutting measures in the wake of some summer box office duds.

Disappointing earnings and a declining subscriber base are also a problem at Time Warner Cable. As telcos and satellite providers continue to erode their market share, rumors have begun swirling that the second largest cable operator in North America might be acquired by one or more of its competitors, including Comcast.

Of course, we also cover the week’s top entertainment news stories including the Thanksgiving weekend’s record breaking box office, “Spider-Man: Turn Off The Dark” lowers the curtains on its Broadway run and the mediocre sales figures of Lady Gaga’s latest album.

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