Showbiz Sandbox 505: The Marvel and Mao Effect: A Hollywood Exec Heads to China, Hijinks Ensue
August 11, 2020
In his 17 years as the President of DMG Entertainment Motion Picture Group, Chris Fenton helped bring 20 Hollywood movies to China, facilitating co-productions, financing and distribution on blockbusters such as “Iron Man 3” and “Looper.” In his new book, “Feeding the Dragon,” the former William Morris agent details his time working in the entertainment industry and China. Fenton helps us read the tea leaves about the future for the relationship between the major studios and China.
Meanwhile, the entertainment industry is undergoing some seismic shifts. In a single week the Paramount Consent Decree was killed for good, television packaging is heading into the sunset and theatrical release windows for studio films just collapsed.
Of course we also cover some of the week’s top entertainment headlines including an executive shakeup at NBC, Taylor Swift sets a new chart topping record with her new album and the Eurovision song contest is coming to the United States.
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Showbiz Sandbox 398: Streaming Services Crowd The Field During Super Bowl
February 5, 2018
The ratings for this year’s Super Bowl may have declined 7% and we might know why. After all, there were ads for Hulu, Netflix movies like “The Cloverfield Paradox,” Amazon Prime’s Jack Ryan series and even a few movies that might appear in theatres later this year. Oh, there was also a pretty good football game that came down to the last play.
The big game usually puts a damper on the box office in North America, but it certainly doesn’t help when new releases can’t hold their own against titles that opened in December. Even so, international grosses are where all the action is these days and over the past week a Bollywood title managed to beat out the latest “Maze Runner” installment in China. We’ll explain why.
Meanwhile, the Oscar race is coming into sharper focus now that the Director’s Guild has handed out their top awards to “The Shape of Water” and “Get Out”. It’s important to remember however, that the preferential ballot has managed to upend the Best Picture category recently.
Of course we also cover the week’s top entertainment news including why there is a petition for RIAA president Neil Portnow to resign, compact discs are slowly disappearing from retail outlets and Netflix may team up with Luc Besson.
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Showbiz Sandbox 393: Disney Acquisition of Fox Underscores Hollywood’s Digital Transition
December 18, 2017
In one of the largest deals Hollywood has ever seen, the Walt Disney Company announced it had agreed to buy most of 21st Century Fox in a transaction valued at $66.1 billion. Disney will scoop up Fox assets that include 20th Century Fox film and TV studios, 300 cable channels, 22 regional sports networks, control over the Hulu streaming service and a stake in Sky. Fox will keep its news, sports and broadcast networks, as well as its publishing empire.
The move underscores how movie studios have become an intellectual property business where scale matters. Rupert Murdoch feared Fox never scaled properly to compete in the age of digital on-demand consumption of content and that his company was at the peak of its value. Selling a portion of his empire also avoids a family power struggle over who would take control of the company once he steps down.
Meanwhile, the first award nominations from a guild have arrived courtesy of the Screen Actors Guild. And the Library of Congress added 25 new works to the National Film Registry, including fiction and documentaries, features and shorts. We’ll discuss what significant works they’ve enshrined.
Of course we also cover the week’s top entertainment news including the FCC officially ditches net neutrality regulation, the Rock and Roll Hall of Fame announces this year’s entries and why Norway is switching off FM radio.
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Showbiz Sandbox 390: The Government Takes Aim At Media Mega Mergers and Net Neutrality
November 27, 2017
The Justice Department filed suit to block the merger of AT&T and TimeWarner. Since President Donald Trump promised to oppose the deal and repeatedly complained about CNN news coverage many see this as political payback. Ironically, however, many impartial observers agree with the Trump administration’s stance, just not for the same reasons. They see the merger as a questionable convergence of media power and vertical integration.
At the same time the Ajit Pai, the chairman of the Federal Communications Commission wants to kill net neutrality regulations that he claims are crippling the internet. Pai’s proposal, which is certain to pass in December, is despised by consumer groups, tech companies and just about everyone other than the handful of giant telecommunications companies it is aimed to help.
Meanwhile, the number of sexual harassment allegations against power players in Hollywood, the media and politics continues to grow, though now we’re calling it sexual misconduct. We’ll touch on the latest entrants to the list including journalist Charlie Rose and Pixar’s John Lasseter.
Of course we also cover the week’s top entertainment news including Netflix’s first Colombian production, Time Inc. gets a new owner, and the nominations for this year’s Spirit Awards.
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Showbiz Sandbox 376: Cord Cutters Are Using An Old Hack To Watch Television – It’s Called An Antenna
August 7, 2017
As the Federal Communications Commission seeks to further deregulate cable television companies and do away with net neutrality, consolidation within the industry has caused rates to increase dramatically. We’ll explain how more and more people are growing fed up with high cable bills and what they’re doing about it. Some millennials have even discovered an amazing hack to get the broadcast networks for free! And it’s totally legal!
We’ll also tell you about how some big name players are getting fed up with Hollywood’s opaque accounting system. Sylvester Stallone is suing Warner Bros. over profit participation for his 1990s hit movie Demolition Man while filmmaker Steven Soderbergh is taking the distribution of his latest movie into his own hands.
In China, “Wolf Warrior 2” has earned nearly half a billion dollars at the global box office and looks set to become the country’s highest grossing movie ever. Meanwhile, Wonder Woman is still playing strong in theatres around the world and may surpass “Spider-Man” to claim the crown as the biggest comic book movie debut in history.
Of course, we also cover the week’s top entertainment news including why legendary TV producer Norman Lear is boycotting the Kennedy Center Honors reception, when Bette Midler is leaving “Hello Dolly” and why Netflix acquired a comic book company.
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Showbiz Sandbox 354: Why the Entertainment Industry Should Care About Net Neutrality
February 6, 2017
President Donald Trump’s selection of Ajit Pai to chair the Federal Communications Commission has moved quickly to rollback consumer protection regulations long thought to be settled; specifically net neutrality. Rules put in place to ensure an open internet allowing every company to compete on equal footing could get thrown out for ones that favor four telecom giants. That could mean record labels, movie studios, streaming music and video providers wind up paying much more to reach audiences.
In addition, Pai threw out proposed rules that would have allowed cable subscribers to purchase their set top boxes. Consumers in the United States presently pay $200 or more per year to rent such equipment putting $20 billion annually into the pockets of video providers. Will legislative bodies in other countries take similar stances in the wake of such F.C.C. moves?
This all comes as streaming music revenue has helped slow or reverse years of declining income sales for record companies. Nielsen music reports that streaming platforms provided 38% of total audio consumption in 2016, up from 23% in 2014. In fact, these days a glut of streaming music providers are trying just about everything to differentiate themselves in what has become a crowded marketplace.
Of course, we also cover the week’s top entertainment news stories including Disney’s $100 million anti-poaching settlement with animators, Oprah Winfrey joins “60 Minutes” and which media outlets have backed out of the annual White House Correspondents Dinner.
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Showbiz Sandbox 346: Critics Are Mixed Up About This Year’s Best Movies
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.
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Showbiz Sandbox 325: Keeping Track of Who’s In Charge at Hollywood Studios
June 20, 2016
It would seem keeping one’s job as a senior executive at a major Hollywood movie studio has become much harder of late. Last year both Paramount and Sony Pictures replaced their studio heads. Now the executive shuffles at Sony and Fox, as well as the turmoil at Viacom, have our heads spinning. We’ll be joined by Anne Thompson of Indiewire who explains why Hollywood is in turnaround.
We also breakdown the past week’s worldwide box office, where a little fish swam a long way. Apparently audiences hadn’t forgotten the forgetful character from “Finding Nemo” and thus turned the Pixar movie “Finding Dory” into a box office smash.
Amazon plans to expand its streaming music service, but will it be worth listening to? Meanwhile, CBS won a potentially significant lawsuit when it argued successfully that a remastered album can in fact be considered a brand new work in terms of copyright.
Of course we also cover the week’s top entertainment news including the Tony Awards telecast get a ratings bump, Disney opens a theme park in Shanghai and ESPN devotes itself to soccer (or football, depending where you live).
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Showbiz Sandbox 271: A Brief History of Net Neutrality
March 2, 2015
Last week the Federal Communications Commission approved new rules that will regulate broadband Internet service and enforce net neutrality. Just in case you’re still trying to decipher the net neutrality news, Jonathan Strickland, a senior writer for How Stuff Works, explains exactly what it is how the issue has evolved over time, starting in the 19th-century with laws designed to govern railroads.
Another hot topic in Hollywood lately has been the executive shuffle taking place at several studios. Former Fox exec Tom Rothman will take over for the recently departed Amy Pascal as head honcho of Sony Pictures, while Paramount begins its own search for a new leader after the departure of Adam Goodman.
Surely all of these moguls would be quick to assure you that Will Smith is indeed a movie star despite a few recent box office duds, yet as his latest film hits theaters news stories abound asking whether the actor can still open a movie.
Of course, we also cover the week’s top entertainment news stories including the Blade Runner sequel moves forward, Pee Wee Herman brings his playhouse to Netflix and Disney reboots Ducktales.
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Showbiz Sandbox 268: Going Backstage At The Grammys With David Wild
February 8, 2015
The Grammy Awards were held last weekend to honor the year’s best music. David Wild, one of the producers and writers of the Grammys telecast (not to mention a contributing editor at Rolling Stone), takes us behind the scenes at the ceremony. He explains what it’s like to get Madonna, Miley Cyrus and Nikki Minaj on the same page and the difficulty of describing Sia’s unique stage performance to Stevie Wonder.
Meanwhile, a couple of big media conglomerates announced significant management changes over the past week; Amy Pascal will be stepping down as head of Sony Pictures due in no small part to the recent cyber attack against the company and Tom Staggs is anointed as the most likely candidate to take over for Disney CEO, Bob Iger when the latter steps down in 2018.
Speaking of big name execs, FCC chairman Tom Wheeler finally submitted his proposal for net neutrality, which would regulate ISPs to enforce open internet protections.
Of course, we also cover the week’s top entertainment news stories including why actor Michael Gambon is retiring from the stage, the uproar over news anchor Brian Williams and how Kodak is keeping film stock alive.
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