July 5, 2016
The Academy Of Motion Picture Arts & Sciences invited a record number of filmmakers, craftsman and executives to join its ranks in 2016, including a record number of women, people of color and international artists. While this helps make its membership more diverse, the Academy itself points out, this amounts to a drop in the bucket.
Meanwhile, the Jay-Z digital music service is generating some of its own headlines, literally. Word leaked out, probably from within the company itself, that the streaming music service was in talks to be acquired by Apple. Even though people are consuming more media than ever, the streaming music business may not be a quick route to profitability.
The Chinese box office, on the other hand, has been growing at an astronomical pace over the past few years; 50% last in 2015 alone. However, those gains might be slowing down, as the growth rate has dropped to 20% so far. Maybe the prediction that China would become the biggest movie market in the world by 2017 were premature.
Of course we also cover the week’s top entertainment news including a lawsuit over special effects technology which is causing problems for ongoing productions, a host of “Top Gear” crashes and burns, though not literally, and longtime newscaster Nancy Grace will depart CNN.
January 26, 2016
Anyone who is anyone in the indie film world is presently in Park City, Utah attending this year’s Sundance Film Festival. Of course, it’s impossible to see all the nearly 200 films making their debut at Sundance. As we explain, seeing some of the hottest titles at the festival requires hours of waiting in line for screenings that are often over capacity, thus leaving dozens out in the cold. Literally and figuratively.
Some of the biggest headlines at this year’s Sundance were made by Amazon and Netflix. Though both distributors have previously had a presence at Sundance, this year they went on a buying spree, shelling out big bucks to snap up a number of buzzworthy films. The industry now is watching closely how the distribution of these acquisitions is handled and whether the companies are capable of turning them into financial successes.
Meanwhile, the controversy over the lack of diversity for this year’s Oscar nominations continues to boil over. With talk of boycotts and accusations of racial bias, the Academy of Motion Picture Arts and Sciences announced some drastic steps it plans on taking to rectify the situation. Unfortunately, this only caused the debate to become even more boisterous.
Of course we also cover the week’s top entertainment news including the Grammy Awards will go live, Bette Midler will be going to Broadway and actress Gillian Anderson balks at being paid half of what David Duchovny makes for the “X-Files” reunion.
November 30, 2015
Taking a cue from cable networks like AMC and USA, Fox recently became the first major network to abandon the practice of touting overnight television ratings numbers. The move simply confirms the growing realization within the industry of a sea change in viewing habits that is having a massive impact on when shows are watched, what shows are produced and how they get promoted.
The publishing industry is undergoing its own set of struggles. New reports on book sales paint a dire picture for the ebook format and mid-size publishers. We’ll go over the numbers and explain what they actually mean.
Speaking of numbers, Adele’s new album “25” broke sales records selling 3.38 million copies in its first week, accounting for 67% of all record sales in Billboard’s Top 200. While you can hear songs from the album on the radio or purchase it via digital download and even on compact disc, Adele is not allowing you to stream it on services such as Spotify or Apple Music
Of course we also cover the week’s top entertainment news including how French television series were big winners at the International Emmy Awards, why only one of this season’s new TV shows have been cancelled and Sony’s decision to stop manufacturing Betamax tapes.
October 5, 2015
In the digital age the viewership of television content has been difficult to track across multiple platforms and devices. The announcement of a game-changing merger between web analytics firm Comscore and the TV and box office data outfit Rentrak suggests a much needed solution for cross-media ratings may soon be available.
The combination of Comscore and Rentrak would finally create a company with the deep pockets and technical expertise to legitimately take on Nielsen, the uncontested reigning king of television ratings for the last several decades. The industry welcomes such competition at a time when advertisers are clamoring for accurate audience measurement across all screens, including mobile devices.
Thanks to the increase in delayed viewing, television ratings have become near impossible to report in a timely manner. Overnight ratings have long been the standard for touting a television program’s success (or failure), but now such numbers can represent less than half a show’s total audience once DVR data is counted. This has made keeping track of who watched what when and on which devices extremely confusing.
Of course we also cover the week’s top entertainment news including the plans to the former hit series “MacGyver” a makeover, “Ghostbusters” gets animated and some of the unnecessary recipients among this year’s MacArthur Genius Awards.
September 28, 2015
It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.
Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.
Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.
Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.
April 13, 2015
Even in the best of times being a Hollywood talent agent has never been an easy job. The dog eat dog nature of the agency business has never been more apparent than during the last few weeks when 11 agents suddenly defected from Creative Artists Agency, one of the industry’s leading agencies, to become partners at a rival firm, United Talent Agency. Following in the footsteps of their agents were A-list clients such as Will Ferrell, Zach Galifianiakis, Ed Helms, Melissa McCarthy and Chris Pratt.
This isn’t the first time big shot agents have deserted their agencies for greener pastures and taken their clients with them, nor will it be the last. In fact, CAA was founded in 1975 when Michael Ovitz along with Ron Meyer and several other agents, abruptly departed the William Morris Agency to form their own firm. The now legendary Ari Emanuel did the same thing 20 years later to start Endeavor.
Meanwhile, changes are also afoot in how television networks want advertisers to pay for commercial time. Two major conglomerates, Time Warner and Viacom, are moving away from Nielsen ratings and offering to let advertisers pay for the “impact” their ads have through metrics such as increased brand recognition, increased loyalty program registrations and consumer engagement on social media.
Of course, we also cover the week’s top entertainment news stories including Jay-Z makes a streaming media play with Tidal, filmmaker David Lynch backs out of “Twin Peaks” reboot, and NBC selects “The Wiz” as its next live televised musical.
March 9, 2015
Time-shifting content consumption has grown astronomically over the past several years thanks to technology like streaming and DVRs. Nearly half of all TV viewers no longer watch shows when they are first aired, upending the traditional ratings system used to measure audiences. Networks now want advertisers to pay for all the viewers of a program up to a week after its original telecast.
Presently, advertisers only pay for viewers of a show during the first three days after its broadcast, a timeframe the don’t wish to extend. Complicating the matter is a dramatic increase in the number of shows airing during primetime, fracturing audiences and forcing ad execs to sift through 1,700 programs in which commercials can be placed.
Buying ad time during the Academy Awards ceremony is usually a no-brainer for marketing moguls, however the Oscars telecast has become so predictably dull that it’s audience has begun to shrink. In an effort to boost ratings, the Academy’s Board of Governors is now hinting they may revert back to having only five Best Picture nominees, rather than the potential of ten. We debate why this is not such a good idea.
Of course, we also cover the week’s top entertainment news stories including the high profile court battle over the authoriship of a hit song, NBC goes over-the-top and Bruce Willis heads to Broadway.
January 6, 2015
There’s no getting around the fact that 2014 was a financially dismal year for the entertainment business. Movie box office, home video revenue and music sales were all down significantly in most territories. The only bright spot might be television ad sales which grew slightly, albeit at lower level than originally forecast.
Statistically speaking the numbers don’t look good. Movie attendance plummeted to the lowest levels since 1995. Home video returns decreased nearly 2%, despite a rise in digital downloads. Music sales continued their global decline as more consumers turn to streaming services.
Industry-watchers are predicting that, except for box office, 2015 could produce the same mixed results for entertainment companies as digital technologies keep disrupting longstanding business models.
Of course, we also cover the week’s top entertainment news stories including the most pirated TV shows and movies of 2014, how One Direction became the year’s top concert draw and an update on the Sony Pictures cyber attack.
November 3, 2014
Thanks to mobile devices, laptops, streaming video, DVRs and good old fashioned live viewing, it’s never been easier to watch your favorite television shows. However this explosion of viewing options has made it harder to keep track of how many people view each show, precisely when and on what device. Despite the difficulty of getting accurate figures networks still feel the need to report overnight ratings even if they don’t reflect a program’s total viewership.
We propose taking a new approach to television ratings that might fix this problem. For starters stop making a distinction between broadcast and cable networks. Same goes for differentiating ratings based on a show’s specific time slot or which day it airs on. And those are just a few of the suggestions we debate.
Another complicated issue the entertainment industry is grappling with is net neutrality. The FCC is reportedly weighing a “hybrid” solution to open Internet legislation which would classify entities as either wholesale or retail providers. Granted, there is no clear cut way to make such categorizations and consumers could wind up getting stuck with higher broadband fees, but why quibble over details?
Of course, we also cover the week’s top entertainment news stories including why Robin Thicke and Pharrell Williams may be headed to court to defend their hit song “Blurred Lines”, movie theaters ban the use of wearable devices like Google Glass and Taylor Swift once again dominates album sales.
October 21, 2014
The entertainment industry was stunned last week when Time Warner announced plans for HBO to go over the top. The premium cable channel intends to offer a standalone service in the US come 2015 that won’t require a cable subscription. Legions of cord-cutters rejoiced upon learning the news, but what they weren’t actually hearing about were the details of how the new plan would work.
Just a day later the broadcast network CBS offered a bit more information about their upcoming Access All In streaming service. The network will begin offering their programming directly to viewers via the web and mobile apps at a cost of $6 per month.
Both of these landmark moves are being seen as bellwethers for how television will be distributed in the future and they come with all sorts of ramifications. Will selecting television channels a la carte actually increase our cable bills? What do all these new services mean for net neutrality? What does all of this mean for Netflix? We’ll explain.
Of course, we also cover the week’s top entertainment news stories including Amazon’s deal with Simon & Schuster, Neil Patrick Harris gets tapped to host next year’s Oscars and why pop-star Lorde is persona non grata in San Francisco.