September 9, 2014
California is set to triple their tax subsidies for film and television production to more than $330 million annually in an effort to stem the tide of runaway production to states with larger tax incentives. Richard Verrier of the Los Angeles Times discusses the growing debate over the value of film tax breaks and whether they actually create new jobs, or just shift them to different locations.
There is absolutely no debate over whether this summer’s box office was down from the previous year. However as we explain, comparing year-over-year box office figures is misleading at best and ultimately a fool’s errand.
In an unusual move the rock band U2 will be giving away its new album “Songs of Innocence” to more than 500 million iTunes users for a limited time. Making the release free to download only serves to further underscore where most artists make their money these days; on tour.
Of course, we also cover the week’s top entertainment news stories including the new head of DreamWorks, why it will take a century for anyone to read author Margaret Atwood’s latest work and “The Simpsons” make their way to China.
June 2, 2014
Even though subtitles appear more often in mainstream movies like “Avatar”, “Inglorious Basterds” and “Slumdog Millionaire”, North American audiences aren’t any more comfortable with them than they had been historically. In a detailed piece for Indiewire, Anthony Kaufman reports that foreign language films are struggling at both the U.S. box office and in ancillary distribution channels. Kaufman joins us for an in-depth discussion about the endangered state of world cinema.
We’ve just returned from this year’s Book Expo America, the largest annual book trade show in the U.S. The good news is that the publishing industry is actively engaging in digital instead of being frightened by out. Unfortunately, everyone was concerned that an ongoing contract dispute between publishing giant Hachette and online book retailer Amazon is a sign of a contentious future.
Meanwhile the Tony Awards will be held next weekend honoring the best productions and brightest talent to emerge from Broadway over the past year. Hugh Jackman is hosting the ceremony which will feature performances from Neil Patrick Harris, Idina Menzel and even Sting. The real money however, will be earned by whoever takes home the trophies for Best Musical and Best Musical Revival.
Of course, we also cover the week’s top entertainment news stories including a movie poster that’s a little too risqué for the MPAA, director James Cameron teams up with Cirque du Soleil and the record price NBC is charging for a 30-second ad during next year’s Super Bowl.
March 31, 2014
Every spring movie theater operators from around the world converge on Las Vegas to attend CinemaCon. During the week-long convention cinema owners are bombarded with industry facts, attendance figures, educational seminars and endless footage from upcoming releases. Over the years advances in digital projection have become an increasingly important topic at the show.
It’s no secret that cinemas have been slowly converting their facilities from traditional 35mm projection to digital. There was no better indication that the days of celluloid film prints are definitely over than the number of vendors at CinemaCon demonstrating the next generation of digital technology, including immersive sound and laser projectors.
When it comes to live theater, there is no doubt that New York’s Broadway and London’s West End are the leaders of the pack. Our own Michael Giltz reviews his previous predictions and investment advice by recapping the past year’s biggest money making productions, as well as a few financial losers.
Of course, we also cover the week’s top entertainment news stories including the fall of “Duck Dynasty”, a decline in paid cable subscribers and Oprah Winfrey’s plans for a national tour.
January 28, 2014
Whether it was Hunter Hayes belting out an anti-bullying song or Queen Latifah performing a mass-marriage ceremony for 32 couples to the hip-hop beats of Macklemore & Lewis, this years Grammys’ ceremony was more upbeat than ever. David Wild, a contributing editor at Rolling Stone, wrote the telecast that attracted a whopping 28.5 million viewers, as well as the Beatles tribute concert the very next night. He stops by to discuss what it was like helping put both shows together.
Awards were also handed out for movies this past week. The Directors Guild of America shook up the Oscar race by giving its top prize to Alfonso Cuaron for “Gravity” and the Sundance Film Festival came to an end by handing out more than two dozen awards to indie movies.
Meanwhile, a number of companies are locked in a heated battle to provide an online alternative to cable and satellite television. The biggest hurdle for the likes of Amazon, Sony and Verizon in helping audiences cut the cord may turn out to be the erosion of net neutrality.
Of course, we also cover the week’s top entertainment news stories including shorter movie trailers, Quentin Tarantino’s latest screenplay gets leaked and Bill Cosby returns to NBC with a new sit-com.
December 9, 2013
When the Grammy Award nominations for 2014 were announced last week, they were filled with names of artists and musicians who at this time last year few had ever heard of. One hasn’t even graduated from high school yet. Lorde, country singer-songwriter Kacey Musgraves and the rapper-producer duo Macklemore & Ryan Lewis rose to stardom on a wave of self-distribution, YouTube and social media.
Accolades are also being handed out for some of the year’s best movies. There’s only one problem; nobody can agree on which films to award. One critics group was so divided over Best Picture that it led to a tie for two different movies.
Meanwhile, producer Jerry Bruckhiemer’s year will be ending on an up note. Though he might be on the outs with Disney after the disappointing performance of “The Lone Ranger”, the mega-producer announced a new first-look deal with Paramount Pictures.
Of course, we also cover the week’s top entertainment news stories including Indiana Jones heads to Disney for a reboot, Billy Joel takes up residency at Madison Square Garden and television audiences tune-in en masse for a live performance of “The Sound of Music”.
Showbiz Sandbox 214: Go Big Or Go Home – Why Big Budget Blockbusters Are The Safest Bet In Entertainment
November 18, 2013
Over the past year filmmakers from Steven Spielberg to Steven Soderbergh have lamented over Hollywood’s love affair with expensive tentpole releases. However, according to Harvard Business School professor Anita Elberse the entertainment industry is obsessed with blockbusters because they work. She explains why in a wide ranging interview about her new book on the subject, “Blockbusters: Hit-Making, Risk-Taking, and the Big Business of Entertainment”.
Not only are the number of big budget films studios churn out on the rise, apparently so is the level gun violence in hit titles. After studying 945 movies released from 1950 to the present day, researchers discovered gun violence portrayed in movies more than doubled during the time frame.
Meanwhile, in the television world most have forgotten about daytime soap operas. That hasn’t kept companies like Prospect Park from trying to keep shows such as “One Life To Live” and “All My Children” alive online. Unfortunately, they don’t seem to be getting any help from the network that originally aired the soaps and are now going to court over the matter.
Of course, we also cover the week’s top entertainment news stories including a movie for Monster High dolls, a new HBO show for John Oliver, pricy reruns for “The Simpsons” and a new manager for the rock band U2.
October 21, 2013
Instead of promoting new releases through traditional avenues such as radio and television, record labels are beginning to rely on YouTube as the most effective method for reaching younger audiences. As Dawn C. Chmielewski, an entertainment writer for the Los Angeles Times explains, its not just musicians that are getting a boost from this new practice, but also some of the self-made tastemakers who have become YouTube stars.
Television networks are also beginning to love technology, specifically DVRs. Though the industry has long despised the timeshifting devices which allow viewers to skip commercials, executives are once again discovering how they can significantly boost ratings.
Meanwhile, more details are emerging about why the film adaptation of “Fifty Shades of Grey” lost its male lead. Beyond being uncomfortable with his new found stardom, Charlie Hunnam was also pushing for script revisions according to some reports.
Of course, we also cover the week’s top entertainment news stories including why the creators of “South Park” missed the deadline for their latest episode, “The Lion King” becomes Broadway’s first billion dollar production and the hit television series “Glee” announces its final season.
September 2, 2013
In what seems to be an attempt to bolster sagging DVD and Blu-ray sales Hollywood studios have begun offering “retailer exclusives” on releases of their hit titles. “Star Trek Into Darkness” is the latest example of how different versions of a movie are being paired with varying sets of special features based on which store the disc is being sold. Trekkies will have to purchase duplicate copies of the latest installment in the franchise in order to collect all the bonus material.
Singers Robin Thicke and Miley Cyrus pulled a stunt of their own which helped twerk record sales. Cyrus set tongues wagging with her racy performance that MTV Video Music Awards, but she may be laughing all the way to the bank since her on-stage gyrations have helped boost sales of her new single.
YouTube is filled with user generated videos featuring hit songs by Thicke and Cyrus. If you use these recordings in the wrong way, you could get a takedown notice for copyright infringement. One music publisher however, may have picked a copyright fight with the wrong legal scholar.
Of course we also cover the week’s top entertainment news including the retirement of a legendary animator, Netflix’s foray into stand-up comedy and Hollywood’s big legal victory over a popular file sharing service.
August 26, 2013
You would have thought the world was coming to an end last week when Warner Bros. announced the casting of Ben Affleck as Batman in the upcoming blockbuster which will pair the Dark Knight with Superman. Fans of the Caped Crusader weren’t the only ones to weigh in on the casting choice. Just about everyone on earth seemed to have an opinion (most of them negative) on whether Affleck should put on the Batsuit.
No matter who plays Batman, you can be sure the character will resurface in more films. After all, seven of the top ten grossing movies of the summer were sequels or remakes, helping the 2013 domestic box office stay on track with last year.
Much the moviegoers have gotten used to reboots and sequels, television audiences have grown accustom to having their cable providers blackout networks over licensing disputes just as Time Warner Cable is doing presently with CBS and its affiliated networks. Industry critics and politicians have suggested a la carte cable may help stem such actions, though we’ll explain why it may prove to be a horrible idea.
Of course we also cover the week’s top entertainment news including the launch of iTunes Radio, the return of “Duck Dynasty” and the death of drive in movie theaters.
July 8, 2013
Hollywood is learning the hard way that big name movie stars don’t always guarantee the success of a tentpole release. This summer at least three mega-budget titles have tanked; Will Smith couldn’t save “After Earth”, Jamie Foxx and Channing Tatum couldn’t rescue “White House Down” and even the casting of Johnny Depp as Tonto wasn’t enough to rustle up an audience for “The Lone Ranger”.
On the other hand, filmmaker Lee Daniels’ next film may not have a blockbuster-size budget, but it does feature an all-star cast that includes the likes of Forest Whitaker, Robin Williams and Oprah Winfrey. Now all it needs is a new name, since a 1916 Warner Bros. short has already laid claim to “The Butler” causing Daniels and distributor The Weinstein Company to call out the lawyers.
Meanwhile, as we await the court’s verdict in the Justice Department’s antitrust lawsuit against Apple over the pricing of e-books, it turns out Amazon has quietly been raising the ante on a lot of titles, especially those from academic and small presses.
Of course we also cover the week’s top entertainment news including the Academy’s new members, Jennifer Lopez in Turkmenistan and the cost of purchasing a Tony Award.