Showbiz Sandbox 286: The 2015 Mid-Year Box Office and Music Sales Report
July 6, 2015
With the year now half over we join the rest of the entertainment industry in reviewing how 2015 is shaping up at the box office and for music sales. As predicted, the worldwide box office is on track to set another annual record thanks in part to three blockbuster releases that have each earned more than a billion dollars.
China continues to be an ever more important movie market as the country’s box office surged more than 50% during the first six months of the year with imported titles leading the way. Meanwhile, Hollywood movies have fared better in India than in past years with two passing the billion rupee level, a well-established benchmark of box office success.
The picture isn’t as rosy when it comes to music revenue. North American album sales are down 4% and digital downloads have fallen more than 10%. The declines may be caused by on-demand music streaming which has increased 74% so far this year. Whatever the reason, Taylor Swift isn’t sweating it since her most recent album has sold more than 2 million copies this year alone.
Of course, we also cover the week’s top entertainment news stories including the Grateful Dead perform one final concert, massive layoffs at the BBC and HBO Now is a huge hit in the iTunes app store.
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Showbiz Sandbox 285: Why the Film Academy Is Becoming More Diverse and International
June 30, 2015
When the Academy of Motion Picture Arts and Sciences invited over 300 new members to join their ranks this year, many noted not only the number of young women and minorities among the group, but also 36 international invitees. According to Oscars pundit Scott Feinberg of the Hollywood Reporter, that’s the highest number of new international members than at any other time in the Academy’s 88-year history.
We explain why the organization is looking to filmmakers and craftspeople from around the world when adding to their ranks, as well as how that might change the demographics of the Academy moving forward. At a time when international box office has never been more dominant and important, it is nice to see the Academy’s membership become a little more diverse.
E-commerce giant Amazon is also making a few changes, especially in the way it pays authors of titles in its monthly book rental offering. Instead of paying writers for every book a user starts but may not finish, the company will pay based upon how many actual pages a subscriber reads.
Of course, we also cover the week’s top entertainment news stories including why NBC and Univision fired Donald Trump, Harry Potter heads to London’s West End and Apple signs a deal with indie record labels for its new music streaming service.
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