Showbiz Sandbox 208: Why Studios Are Reshuffling Their Executive Ranks
October 7, 2013
Movie moguls have always faced unreliable job security, though never more so than over the last two years. Beginning in early 2012 five of the six major Hollywood movie studios have fired their top executives and reshuffled existing management. We discuss what’s causing the studio shakeup and it it will affect the movies we see in years to come.
Soon enough unemployed studio big shots may be able to find work in South Korea’s film industry. With a wave of fresh homegrown talent and exciting new stories finding their way into theaters, the country’s box office has skyrocketed making it one of the world’s strongest movie markets.
When it comes to box office on Broadway, it’s become a tradition for productions to boast when they’ve broken even. This also means we can do some quick math to conclude how much it costs to keep a show up and running on a weekly basis, a figure that many productions don’t always like to share.
Of course, we also cover the week’s top entertainment news stories including David Letterman’s new late night contract, New York City Opera files for bankruptcy and a jury decides a concert promoter is not liable for the death of Michael Jackson.
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Showbiz Sandbox 121: Why 3D Movie Tickets Are About To Get More Expensive
October 3, 2011
As moviegoers grow more skeptical over paying premiums to see 3D movies you would think now would be a bad time to raise ticket prices yet again. However, if Sony Pictures has their way that’s just what may happen. Last week the studio told exhibitors they would no longer pay for 3D glasses after May 2012 triggering the start of a war between studios and cinemas that may wind up hitting movie audiences right in the wallet. We take a deeper look at the history and reasons behind this ongoing dispute.
Maybe movie buffs should forego the multiplex altogether and choose to stay home with a hot new independent film. Prescreen is an innovative new movie marketing and distribution platform for filmmakers and distributors that can help you find just the right one. Shawn Bercuson, the company’s CEO, joins us to explain what Prescreen is all about.
Facebook has also gotten into the discovery game with Open Graph, a new features which allows users to share experiences with friends in realtime. Now whenever a Facebook user is listening to music on Pandora or watching a movie on Netflix it will broadcast to everyone they are connected with on Facebook. What does Facebook’s entry into media recommendation mean for existing players such as Last.fm, Spotify and Pandora?
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Showbiz Sandbox 113: Hollywood Studios Think Twice About Comic-Con
July 25, 2011
Attendance at this year’s Comic-Con was higher than ever. Geoff Boucher of the Los Angeles Times and Alex Billington of First Showing were in San Diego last weekend sitting in on, if not moderating, panel discussions with the likes of Steven Spielberg, Peter Jackson, Francis Coppola and “Game of Thrones” cast members. In filling us in on all the highlights they explain why some studios skipped this year’s festivities and why next year’s convention is set to be the biggest Comic-Con yet.
There was also some sad news this past weekend as we learned about the untimely death of soul singer Amy Winehouse at the age of 27. The troubled young singer battled with drug addiction since rising to stardom in 2006 and her death raises the question over what responsibility the entertainment industry has in helping artists with drug or alcohol problems.
There was better news on Broadway where at least three recent shows turned a profit with even more shows about to follow suit. Even the much-hyped disaster “Spider-Man: Turn Off The Dark” is shaping up to be a financial success.
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Showbiz Sandbox 108: China Becomes Hollywood’s New Best Frenemy
June 20, 2011
Hollywood movie studios have been raking in the yuan at the Chinese box office over the past year. This despite China missing the most recent World Trade Organization deadline to open its market to more foreign films. Forced to work through government sanctioned monopolies, studios have been aggressive about getting their movies in front of China’s billion plus citizens. Meanwhile, actors such as Christian Bale have headed east to star in China’s big blockbusters, such as Zhang Yimou’s Heroes of Nanking.
Maybe a film from China will be nominated for a Best Picture Oscar in the near future. Of course, contenders will have to figure out the new Best Picture nomination process put forth by the Academy last week. In an effort to create an air of suspense, the number of nominees for the year’s big film prize will fluctuate between 5 and 10 entries, depending on how balloting shakes out. We’ll explain all the new rules.
It looks as if Spotify, the popular European music streaming service, may be launching in the United States as early as July. They’ll go up against well established offerings like Pandora, which went public last week.
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Showbiz Sandbox 88: How Many Producers Does A Movie Need?
January 17, 2011
Other than some pointed barbs from comedian Ricky Gervais this year’s Golden Globe Awards were truly predictable. Nicole Sperling of the Los Angeles Times attended the ceremony and tells us all about it. She also explains why the Academy Awards only allow three producers to be nominated for each Best Film nominee. Relativity’s Ryan Kavanaugh is one of six producers on “The Fighter”, but not when it comes to the Oscars.
We are also joined by Aaron Rich, the gentleman blogger behind All The Movies I Watch and They’ll Love It In Pomona. While many media outlets are cutting back on movie critics, Aaron is part of a wave “amateur” critics who are making use of the Internet to share their passion for cinema.
Taylor Swift continues to make news with her new album. “Speak Now” topped the Billboard 200 chart again, but did so by selling the fewest units ever for a number one album. And the record industry isn’t alone in suffering from decreased sells. Video game revenue dropped 6% in 2010.
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Showbiz Sandbox 86: Why TV Viewing Is Rising As Moviegoing Declines
January 3, 2011
On more than a few occasions during 2010 one could hardly fault moviegoers for feeling as if they’d been duped as they left theaters. Movieline journalist and author Alonso Duralde believes that in at least seven instances films were misrepresented by their marketing campaigns. He discusses, among others, the arthouse movie that was sold as an action thriller, the riotous comedy that isn’t funny at all, and a princess tale disguised as a swashbuckling adventure.
Marketing could hardly be the primary reason 2010’s box office was down slightly from the previous year’s record earnings. With ticket sales off by an estimated 5.36% the only thing propping up film grosses were higher ticket prices, which noticeably rose over the past year.
On the other hand, Nielsen reports that Americans are watching more television than last year, around 34 hours per week. Unfortunately for the major broadcast networks which once ruled the airwaves, viewership has become fractured as it spread out across hundreds of cable channels. The only big TV winner during 2010 was living sporting events, which accounted for eight of the top ten highest rated shows of the year.
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Showbiz Sandbox 80: Disney Dumps Fairy Tales For Original Stories
November 22, 2010
As “Harry Potter and the Deathly Hallows: Part 1” debuted to $125 million in its opening weekend, Disney prepared to release its 50th animated feature film less than a week later. However, despite building a multi-billion dollar empire based on stories that feature princesses, according to Dawn C. Chmielewski of the Los Angeles Times “Tangled” may be the last fairy tale we see out of the studio. She joins us to explain how future Disney Animation titles will focus on original stories.
Reality shows continue to dominate television news, not to mention political news. The media seemed all abuzz last week over how Bristol Palin, the daughter of Sarah Palin, had not yet been voted off “Dancing With the Stars”. She even beat out pop stars such as Brandy. There were accusations that conservative Tea Party supporters were rigging the voting on the show.
Meanwhile, Justin Bieber swept the American Music Awards, winning four trophies including Artist of the Year. Unfortunately for Bieber though, nobody was watching since the telecast received the worst ratings in its history.
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Showbiz Sandbox 78: The Fight Over Streaming Television Online
November 8, 2010
As if broadcast and cable networks didn’t have enough to worry about with online streaming offerings from Apple and Google, they now have startups such as ivi.TV to contend with. The company recently launched an online service that retransmits signals from broadcast television stations in New York and Seattle with more cities coming online soon. Though networks and movie studios are trying to shut the company down, its CEO, Todd Weaver, explains that ivi.TV is operating legally under current copyright laws.
Another media company dealing with legal issues is MGM who filed for bankruptcy protection last week. Fortunately the restructured studio won’t have to worry about an actor’s strike since the two unions representing thespians agreed to a new contract with studios and networks. The Hollywood Reporter’s Jonathan Handel fills us in on the key deal points as well as what the news means for writers and directors as they begin their own contract negotiations.
This week also marks the return of Conan O’Brien to late-night television as he kicks off his new show on TBS.
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Showbiz Sandbox 77: It’s Official – Hollywood To Make Nothing But Sequels
November 1, 2010
With the seventh installment of the Saw franchise and Paranormal Activity 2 topping this week’s box office, it’s not hard to see why Hollywood studios have been greenlighting sequels and prequels. They range from high profile titles such as “The Hobbit” and “Avatar”, to questionable projects such as “Top Gun 2”. Don’t even get us started on the prequel to Martin Scorsese’s “Goodfellas”.
If big budget Hollywood movies aren’t your thing, you could always stay home and watch television, provided the broadcast networks don’t get into a carriage dispute with your cable provider and black out their signal. Fox did just that to Cablevision subscribers recently and we’ll explain why. Meanwhile, Conan O’Brien prepares for his new late night talk show with a Rolling Stone interview.
During Big Deal or Big Whoop we provide analysis of the week’s top entertainment headlines, including Charlie Sheen’s latest trouble, a new hit for AMC and a film based on Michael Jackson’s “Thriller”. Our Inside Baseball discussion focuses on why consumers prefer to rent digital movies rather than purchase them.
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Showbiz Sandbox 65: Hollywood’s Love/Hate Relationship With Twitter
August 2, 2010
Last summer a number of movies had enormous box office drop offs in their second day of release and studios blamed it on what they termed the Twitter Effect. Daniel Frankel from The Wrap joins us to explain how the social media trend that was going to revolutionize word-of-mouth hasn’t demonstrably done so. Platforms such as Facebook, MySpace and even text messaging seem to influence moviegoers more than Twitter. That hasn’t stopped studios from finding modest success on Twitter by purchasing trending topics.
A number of big television news stories broke over the past week thanks to the annual Television Critics Association press tour. Ellen DeGeneres resigned as a judge on “American Idol”, but Fox may be replacing her with Jennifer Lopez. Meanwhile, Stephen McPherson, the president of ABC, abruptly resigned under a cloud of controversy relating to rumored sexual harassment investigations and was promptly replaced by ABC Family topper Paul Lee.
In the music world Kanye West may be hoping the Twitter effect will help boost sales of his upcoming album. The hip-hop star made headlines by opening a Twitter account and turning up at Facebook headquarters to entertain employees.
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