Showbiz Sandbox 425: Ticketmaster Gets Caught Abusing Its Market Domination
September 24, 2018
When Live Nation and Ticketmaster merged eight years ago it was openly feared that the combined companies would run roughshod over the industry and consumers alike. While there has been speculation about some of the shenanigans Ticketmaster has been up to since then, we now have conclusive proof that the ticketing juggernaut is manipulating the market and working with resellers in the secondary market in order to collect additional fees. They’ve even developed a software tool for just such a purpose.
The United States Senate, meanwhile, passed the Music Modernization Act. It creates a blanket mechanical license which allows for songwriters and artists receive royalties for streaming. It also fixes the problem of receiving royalties for works created before 1972 and includes producers in the new scheme. We’ll take a look a the new bill and explain what it all means.
Speaking of music, a new report indicates that industry revenue in North America is up slightly during the first half of 2018, just as Spotify makes it even easier for independent artists to post their music directly to the streaming service. Does that make Spotify a record label?
Of course we also cover the week’s top entertainment headlines including Kelly Clarkson gets a new daytime talk show, Comcast beats Disney in an auction for Sky in the United Kingdom and singer Sam Smith loses his voice just before going on stage.
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Showbiz Sandbox 156: Olympic Telecasts Turn Everyone Into A Sports Expert
July 31, 2012
The 2012 Summer Olympics got off to an auspicious start last week with coverage of the opening ceremonies earning record ratings. With broadcasters presenting events live on multiple channels, as well as streaming online, it’s never been easier to keep up with the games. We review how broadcasters are covering the Summer Olympics, not to mention explain why there always seem to be empty seats at sold-out events.
Meanwhile, the aftershock of the “Dark Knight Rises” theater shooting in Aurora, Colorado continue to ripple through Hollywood. Box office grosses were down significantly over the past weekend, though it is hard to know if moviegoers are staying away out of fear, or if something else is deterring them from theatres … like coverage of the Olympics.
Maybe cinema patrons are simply staying home to watch Netflix. Despite turning a profit and increasing their subscriber base, the company’s stock price declined. This didn’t stop Netflix from announcing they would soon be launching their movie rental service in Western Europe.
We also cover the week’s top entertainment headlines including a third “Hobbit” movie, what caused Warner Bros. to sue Amazon users and why the FCC fined Comcast.
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