February 13, 2017
Though Beyoncé had been predicted to walk off with this years top Grammy Awards for her critically acclaimed album “Lemonade”, she was beat out by Adele who won five top awards for “25”. Rather than being racially motivated, as some would suggest, Adele’s Grammy success was buttressed by an album that sold 20 million copies making it by far one of the biggest albums of the last decade, topped only by sales of her previous release “21”.
Then there was the artist who has never sold a single record yet managed to win three Grammys this year. Chance the Rapper made history when he became the first artist to win a Grammy for a streaming-only album. “Coloring Book” won the Grammys for Best Mixtape and Best Rap Performance, while Chance the Rapper took home the prize for Best New Artist.
Meanwhile, the struggling entertainment conglomerate Viacom announced how it hopes to turn the company around. The company plans to focus on “silos” of branded properties which can be exploited across multiple platforms. This is the same strategy the Walt Disney Co. has used with great success; however Viacom’s existing properties are hardly as popular as Marvel or Pixar.
Of course, we also cover the week’s top entertainment news stories including plans to revive “American Idol” on television, Stephen Colbert’s “Late Show” tops Jimmy Fallon’s “The Tonight Show” for the first time and Aretha Franklin, the queen of soul music, announces her retirement.
January 30, 2017
As if it wasn’t difficult enough for distributors to find a commercial title amidst the hundreds of films premiering at the Sundance Film Festival each January, video streaming companies such as Netflix and Amazon have entered the bidding causing acquisitions prices to rise for the entire market. Anne Thompson, Indiewire’s editor-at-large, has just returned from Sundance where she reports most of the films were good, though maybe not good enough to win any Oscars in 2018.
As for this year’s Oscars, the frontrunners became a little more clear with the Producers Guild and Screen Actors Guild handing out their awards over the weekend. “Hidden Figures” surprised many by taking home the SAG Award for Outstanding Performance by a Cast in a Motion Picture during a politically charged ceremony.
Speaking of industry unions, the Directors Guild of America has signed a new contract with producers that gives its members significant raises in subscription video-on-demand residuals. This is welcome news for directors who missed out on sharing in DVD and Blu-ray revenue over the past decade.
Of course, we also cover the week’s top entertainment news stories including the launch of a brand new vinyl record factory, Jeffrey Katzenberg’s new venture and streaming music company Tidal finds a new investor.
January 24, 2017
When the 2017 Oscar nominations were announced this week the Academy of Motion Picture Arts and Sciences managed to avoid a third straight year of controversy over all-white acting nominees. Among this year’s honorees are six African American actors, setting a record for the most in a single year. Hopefully this is a sign more racially diverse films are being produced.
What the Academy did manage to overlook however, were films with huge audiences. Despite nominating nine films for Best Picture Oscars, not a single one has surpassed the $100 million mark (yet).
Meanwhile, in over in the music business, album sales have never mattered less. These days it’s all about music publishing, which can be a true goldmine. Just ask Paul McCartney who is suing Sony/ATV to regain the publishing rights to the Beatles catalogue.
Of course we also cover the week’s top entertainment news including Jerry Seinfeld’s new Netflix deal, the death of 3D television and NBC renews one of its biggest hits for two more seasons.
December 5, 2016
With 2016 coming to an end movie critics have begun announcing their picks for the year’s noteworthy releases. As in recent years, critics groups from New York to Los Angeles differ slightly on what the top movie should be. The New York critics group went with the musical “La La Land”, while The L.A. group chose the drama “Moonlight”. To really confuse things the National Board of Review selected “Manchester by the Sea”. What this breadth of selections means is there were plenty of great films to see this year.
Where you see these movies, on the other hand, continues to be a debate, at least for the heads of movie studios. Kevin Tsujihara, the head of Warner Bros., made it known his company would like to release films into the home market soon after their release in movie theaters. He says the studio is having “constructive conversations” with a few cinema operators to make this a reality, but what that really means is anybody’s guess.
There seems to be no confusion however over whether TV networks want to attend the winter press gathering of the Television Critics Association; they don’t. These annual events allow networks to promote new shows while giving journalists a chance to grill the creatives and executive behind them. It looks as if many networks are skipping out on this January’s press tour as the top executives from ABC, CBS, Fox and NBC declining their invites.
Of course we also cover the week’s top entertainment news including DirecTV’s plans to go over the top, Netflix allows users to download movies for offline viewing and the Bee Gees get a new record deal.
October 10, 2016
With its racially charged themes striking a timely chord, “The Birth of a Nation” garnered acclaim and a $17.5 million distribution deal at this year’s Sundance Film Festival. However after it became known that its director and star was once accused (though acquitted) of rape, a question was raised over whether art can be separated from its creator. Many will argue that the answer lies in the movie’s poor critical reception and tepid box office.
What was touted as a contender for multiple Oscar nominations this year, “The Birth of a Nation” may ultimately break even in theatres before going on to earn most of its money in ancillary markets. If it were up to Reed Hastings though, the film would have been released on VOD and in cinemas at the same time. The Netflix CEO claims theater owners are strangling the movie industry with their insistence on release windows.
Meanwhile, there are calls by some in Congress for the Justice Department to review the growing number of business acquisitions being made by Wanda, a Chinese conglomerate. Having purchased multiple movie theater chains and at least one Hollywood production company, some legislators believe the U.S. is allowing Chinese state-controlled companies to gain too much soft power
Of course we also cover the week’s top entertainment news including why executives are disappearing from BBC’s Radio 1, how Disney cast a sequel to “Mary Poppins” without a script and what the future may hold for celebrity newscaster Billy Bush.
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.
September 6, 2016
The competition between Apple Music and Spotify for subscribers has been cutthroat over the past year. Now comes word that Spotify may be retaliating against artists working with Apple. We’ll take a look at how exclusive new releases have raised the stakes in the ongoing battle for streaming music supremacy.
We also explain why it’s time everyone stopped discussing how abysmal North American summer box office was. After all, 2016 box office and attendance is actually up over the previous year, which had record earnings.
And in what might be a case of the pot calling the kettle black, China is questioning whether Universal’s acquisition of DreamWorks Animation breaks its antitrust regulation.
Of course we also cover the week’s top entertainment news including how Jackie Chan will be awarded an honorary Oscar, Frank Ocean makes history by topping the Billboard charts with a self-released album and Baz Lurmann’s “Moulin Rouge” is being turned into a musical.
August 31, 2016
Much has been made about the decline in box office this summer, with franchise sequels underperforming and certain pricey movies failing to attract an audience. Kevin Lincoln, a senior editor at New York Magazine and Vulture, takes a look at this summer’s biggest flops and predicts which mega-budget releases might suffer a similar fate as we round out the year.
In China it might be more difficult to know which movies are box office disappointments or crowd favorites since online and mobile ticketing companies have been offering hefty subsidies to cinemagoers in their heated battle for market share. This means the gross of any release is almost always higher than what moviegoers actually paid to see it.
We’ll also dip back into audience figures from the recently completed Summer Olympics in Rio. This time however we have some data about viewership in Europe, Canada and elsewhere. To nobody’s surprise, more people streamed coverage online than ever before.
Of course we also cover the week’s top entertainment news including how Netflix international subscribers will soon outnumber those in the United States, a changing of the guard at Twentieth Century Fox gets expedited and the late Prince’s home and music studio is set to become a museum.
August 22, 2016
We keep hearing that cord-cutting is going to destroy the U.S. cable industry. But SNL Kagan analyst Ian Olgeirson says the economic outlook for the business over the next decade is actually quite solid. Olgeirson joins us to explain how cable companies are turning cord-cutters into more profitable cord-swappers and what that means for their long-term health.
Meanwhile, for the 2016 Summer Olympics in Rio you didn’t need to have a cable subscription since so much of the action was streamed live online. In fact, while television viewership may not have reached the levels some networks around the world had hoped, a record number of hours were streamed over the Internet from this year’s games.
We also launch a new segment that tells you the one new book worth reading out of the thousands that are published each week, as listed on BookFilter, a book lover’s best friend.
Of course we also cover the week’s top entertainment news including the dispute over Tom Cruise’s salary for “Mission: Impossible 6”, the power struggle at Viacom nears a resolution and Barbara Streisand tells Apple’s Siri how to pronounce her name properly.
August 16, 2016
In a scathing open letter published last week, an alleged ex-Warner Bros. employee took the studio and its chairman Kevin Tsujihara to task for a number of recent missteps. The author mocks studio brass for doubling down on the talent delivering critical duds such as “Batman v Superman” and their inability to make a hit movie, despite somehow managing to keep their jobs.
Though the veracity of the letter is questionable, it caused ripples in Hollywood not because it revealed a trove of inside secrets, but more due to the fact that it publicly stated what so many have been whispering about Warner Bros. lately; a lack of leadership and a confused executive team have led to a year of mixed results.
Meanwhile, we’ve been watching the Rio Olympics, along with three or four billion viewers around the world. Despite audience figures that are down from the London games in numerous territories, the Summer Olympics is arguably still a ratings juggernaut hard to compete against, giving networks broadcasting the event a serious advantage.
Of course we also cover the week’s top entertainment news including how a Netflix documentary helped overturn a murder conviction, why Thomas Gibson got fired from “Criminal Minds” and Comedy Central cancels “The Nightly Show”.