Showbiz Sandbox 618: The 2023 Cannes Film Festival Lives Up to the Hype

May 30, 2023

The 76th annual Cannes Film Festival wrapped up over the weekend handing out prizes to some of the 21 official selections appearing in competition this year. Justine Triet’s film “Anatomy of a Fall” took home the Palme d’Or though that was one of many deserving titles programmed at what many festival goers felt was one of the stronger lineups in recent memory. We were in attendance and will take you with us to the south of France to fill you in on all the important news coming out of the festival.

Meanwhile, in a legal case that could have a major impact on Fair Use in the arts, the Supreme Court ruled that the late Andy Warhol was a copycat. Ok, they used some fancy legal terms, but that’s the gist of the decision over a work the artist created for Vanity Fair that used a photograph of the musician Prince.

​​Of course we also cover the week’s top entertainment headlines including why actors in the United Kingdom want some rules to limit taped auditions, Broadway’s post-pandemic box office rebound and broadcaster plan to stream the 2024 summer Olympics live.

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Showbiz Sandbox 615: Warner Bros. Takes Streaming to the Max

April 18, 2023

Warner Bros. Discovery had long promised to merge its two major streaming services HBO Max and Discovery+ into a single, combined offering. This past week the media giant unveiled the name of the new service to the public; Max. Despite having decades of positive brand recognition, HBO will be dropped from the name. The company also announced a ton of new content for the service including a Harry Potter television series.

Meanwhile, the Writers Guild of America has authorized a strike against studios, networks and streamers. Producers believe that a strike is now inevitable after the writers’ current contract ends in May.

​​Of course we also cover the week’s top entertainment headlines including the latest additions to the Library of Congress National Registry of Recordings, Latin music becomes a $1 billion industry and a proposal for new safety guidelines for film and TV productions.

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Showbiz Sandbox 591: Live Sports Becomes the Costliest Battle of the Streaming Wars

August 30, 2022

There is no better evidence that the streaming wars are still in full swing than the news that streaming services are accounting for more viewing than cable television for the first time in history. As streaming media companies fight for market share, they have turned to live sports as a means of driving subscriber growth. However, vying with traditional networks for broadcast rights has driven the cost of live sports to record setting levels.

While there might be an audience for live sports, new data shows attendance has fallen by as much as 50% for live performances such as Broadway, opera and classical music concerts. Pop concert tours, on the other hand, have never been more successful, or more expensive.

Of course we also cover the week’s top entertainment headlines including the reason some movie stars are ditching social media for their own sanity, the second largest movie theater chain in the world may file for bankruptcy and why Mariah Carey should not become the Queen of Christmas.

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Showbiz Sandbox 588: Keeping Track of Ever-Shifting Streaming Strategies

July 5, 2022

Though the entertainment industry may be infatuated infatuated with streaming, the legacy media companies behind all the new subscription services haven’t quite found the right way to profit from them. NBC/Universal earned nearly a billion dollars in committed ad revenue with Peacock this year, causing them to take a hard look at all of their low-rated cable channels. And HBO Max is thinking twice about producing original programming in countries like Turkey and Sweden.

Meanwhile, the “Minions: The Rise Of Gru” is the lates blockbuster release that is proving the box office is back for everyone, even families. The worldwide gross of “Top Gun: Maverick” continues to soar, but will Paramount leave it in theatres long enough to fully capitalize.

Of course we also cover the week’s top entertainment headlines including the Creative Artists Agency completes its acquisition of rival ICM, Disney renews CEO Bob Chapek and Alec Baldwin commiserates with Woody Allen.

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Showbiz Sandbox 584: Cannes Film Festival Showcases Industry Revival

May 31, 2022

Unlike some years, there was no frontrunner or obvious favorite to win the Palme d’Or at the 75th annual Cannes Film Festival which concluded over the weekend. Instead, the social satire “Triangle of Sadness” from Swedish filmmaker Ruben Östlund took the festival’s top prize, the second time he has won the award. We discuss the highlights and big winners from this year’s Cannes.

Meanwhile “Top Gun: Maverick,” which was shown at Cannes, finally premiered in movie theaters setting all kinds of box office records. It is far and away the biggest opening weekend its star Tom Cruise has ever had as it looks to go on and become his biggest hit.

Of course we also cover the week’s top entertainment headlines including the winner of this year’s Eurovision song contest, Justin Timberlake sells his recording catalog and politicians hope to strip Disney of its Mickey Mouse copyright.

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Showbiz Sandbox 583: The Long and Winding Road to Box Office Recovery

May 10, 2022

With each new superhero blockbuster that hits multiplexes it is clear that big well-done movies can score big at the box office. However it is a huge mistake to treat every new release as the barometer of whether cinema is back. Especially when smaller films like “Everything Everywhere All at Once” and family movies like “Sonic the Hedgehog 2” are proving just as successful in getting post-pandemic audiences back into theaters.

Meanwhile, record labels and streaming services have been fighting with music publishers over mechanical royalties for years now.
However, in a tentative deal on actual music sales, the mechanical royalty will rise more than 30% from 9.1 cents per track to 12 cents. Moving forward, the royalty will be pegged to inflation.

Of course we also cover the week’s top entertainment headlines including this year’s Tony Nominations, Dave Chappelle gets attacked on stage during a performance and a new class of Rock and Roll Hall of Fame inductees.

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Showbiz Sandbox 571: Want Ratings? Get Joe Rogan To Host The Oscars!

February 9, 2022

The Academy of Motion Picture Arts and Sciences brought an end to the endless speculation of countless awards pundits by announcing this year’s Oscars nominations. Now we’ll all have to deal with the griping about who was snubbed along with seven weeks of incessant reports about which Best Picture nominee is gaining momentum with Oscar voters.

Perhaps we should thank the Oscars for stealing the headlines from comedian Joe Rogan whose podcast has caused no end of controversy and grief for Spotify, its exclusive distributor. The only good news out of the Rogan mess is that it’s finally brought the band Crosby, Stills, Nash & Young back together, at least in regards to their desire to remove their music from the streaming service.

Of course we also cover the week’s top entertainment headlines including how a Disney soundtrack is dominating the music charts, viewership of the Winter Olympics plummets and the head of CNN is suddenly ousted.

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Showbiz Sandbox 562: The Death of Network Television Is Greatly Exaggerated

November 16, 2021

While the entertainment industry and Wall Street may be distracted by the growth of streaming services and their subscriber numbers, senior network television executives are reminding everyone that linear TV is far from dead. In fact, according to the latest viewing metrics, more audiences are tuning into network television programs on a consistent basis than actually watch streaming content.

Meanwhile, while the fall film festival season may be dominated by events in Toronto, Telluride and Venice, there are still a number of festivals taking place that are just as noteworthy, including the AFI Fest and Doc NYC. We’ll discuss some of this year’s official selections at both of these festivals.

Of course we also cover the week’s top entertainment headlines including why a high profile director walked away from the next Star Wars movie, Peter Jackson sells his special effects toolkit and Spotify starts a new chapter in streaming.

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Showbiz Sandbox 557: Talent Agents Strike A Deal… for Themselves

October 5, 2021

In yet another sign that the entertainment industry is consolidating, Creative Artists Agency, one of Hollywood’s most powerful talent agencies, announced it would acquire ICM Partners, the fourth largest player in the space. Is the move meant to help CAA gain leverage when negotiating with streaming giants like Netflix, or is it all about ensuring success on Wall Street for its biggest investor? And what will this mean for smaller agencies which may actually stand to benefit from the deal?

Meanwhile, this year’s Tony Awards honoring Broadway’s brightest were finally held with a live audience. However, some productions in both New York and London are stumbling as they turn on their marquees for the first time since the COVID pandemic began.

Of course we also cover the week’s top entertainment headlines including how James Bond and Venom are competing for box office glory, Scarlett Johansson settles her “Black Widow” lawsuit with Disney and the labor strike that could shut down Hollywood.
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Showbiz Sandbox 543: Amazon Grabs a Lion’s Share of MGM

June 1, 2021

In a move that had been rumored for weeks, Amazon became the first tech company to purchase a Hollywood movie studio in an $8.45 million deal. The acquisition will arm Amazon with over 4,000 movies like the Bond Franchise, “The Pink Panther” and “Robocop,” not to mention upwards of 17,000 television episodes. The real question is why did it take so long for a tech giant to buy a movie studio?

Meanwhile, a holiday weekend helped spark the post-pandemic North American box office as movies that were originally scheduled for release last year opened in theaters. Some new titles like “Cruella are also available on VOD at the same time. Is day-and-date releases hurting the box office prospects of such films?

Of course we also cover some of the week’s top entertainment headlines including the Academy Awards returns to its normal schedule, HBO Max is moving into Latin America and why “Friends” was censored in China.

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