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.
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).
May 24, 2016
This year’s Cannes Film Festival ended over the weekend with the awarding of the Palm d’Or, the festival’s top prize, to an unlikely, albeit quite solid, movie from director Ken Loach. A critically panned movie from filmmaker Xavier Dolan was given the runner up award, the Grand Prix, leaving many in Cannes baffled over how the jury made its selections. However festival director Thierry Fremaux has always said, Cannes is not set up for critics.
The Broadway season also came to a close last week earning a record $1.3 billion in ticket sales. Musical productions took in most of the revenue over the past year, though it was “The Lion King” and not “Hamilton”, which only opened in August, which ruled the box office.
Over at HBO Michael Lombardo, the longtime head of programming for the premium cable network is stepping down, whereas at Viacom Sumner Redstone has stirred up a hornets nest by ousting his longtime protogé, the company’s chief executive, from the trust that will eventually control the company.
Of course we also cover the week’s top entertainment news including whether the wave of summer blockbusters will prove to be too much competition, rumors of Adele’s massive record deal and Bill Cosby gets his day in criminal court.
March 14, 2016
In recent years, Chinese-owned companies have become the film industry’s biggest power players by scooping up production companies and cinema chains. The latest example came when AMC Theatres, owned by China’s richest man Wang Jianlin, announced it will acquire Carmike Cinemas to become the world’s largest motion picture exhibitor.
It’s easy to see why the Chinese are so hot on the cinema business given that their box office surpassed that of North America during the month of February for the second time ever. Yet if you were to ask some financial analysts, Hollywood Hollywood is starting to look like the video game industry before it imploded; bigger budgets, fewer winners and more losers. Is Hollywood about to shrivel up like Pac-Man?
Then there are those like Sean Parker, one of the founders of Napster and Facebook, who are trying to convince Hollywood that it’s time to start making big movies available in consumer’s homes the same day they hit theaters. Is there any business model in which that could actually work?
Of course we also cover the week’s top entertainment news including the authors nominated for this year’s prestigious Man Booker Prize, music sales in France plummet and Kevin Spacey won’t be heading up Relativity Media after all.
December 21, 2015
The release of “Star Wars: The Force Awakens” shattered box office records the world over and became the biggest movie opening of all time by earning $529 million. We explain why in countries such as Japan and South Korea, the latest “Star Wars” not only didn’t win the weekend, but in some cases earned less than earlier installments of the franchise. We also look at the breakdown of which formats audiences favored when buying tickets.
George Lucas’ original “Star Wars” movie was released in 1977 and was added to the National Film Registry in 1989. We weigh in on the annual list of films added to the registry by the Library of Congress, charged with selecting new entrants. It always makes for a fascinating mix; we’ll discuss what made this year’s cut there and why. Hint: It’s not always artistry that counts… and no we’re not looking at you “Top Gun.”
In music news, it turns out online radio services such as Pandora will soon be paying more to license songs. Meanwhile, Adele is trying to prevent her fans from having to pay more to purchase tickets to see her in concert. We’ll tell you about the growing backlash against the secondary market for concert tickets and what some artists are doing about it.
Of course we also cover the week’s top entertainment news including how “Star Wars” bumped Quentin Tarantino’s latest movie out of a historic movie theater, Howard Stern signs a new deal with SiriusXM and the list of this year’s inductees to the Rock and Roll Hall of Fame.
May 29, 2012
This year’s Cannes Film Festival concluded with “Amour”, a film by Austrian director Michael Haneke, winning the Palme d’Or. The movie about an elderly couple in Paris features two renown French actors and was a hit with festival audiences. Anne Thompson from Indiewire’s Thompson on Hollywood blog says the jury rewarded many of the noteworthy films at this year’s festival, though entries with stars like Brad Pitt and Nicole Kidman were rather disappointing.
Speaking of winners, last week Phillip Phillips was crowned the winner of this season’s “American Idol”. The big loser however may be the singing competition show itself, since it is no longer the most watched television show in the nation, a title it held for a historic seven years. That honor is now held by Sunday Night Football.
Apple rather convincingly shredded the antitrust suit tbe Justice Department filed against them and top publishers over the price fixing of e-books. Apple’s response points out a number of innacuracies in the suit and manages to bolster their own case, while notably not helping the publishers with their defense.
May 14, 2012
It’s the time of year when North American television networks put on big presentations to introduce their fall lineups to major advertisers; a process referred to in the industry as “the upfronts”. It’s also the time when TV audiences find out which of their favorite shows are sticking around for another season and which have been canceled. We’ll fill you in on some of the shows that didn’t make it some of the new series we have to look forward to this fall.
Adele continues to make news in the music world. Her album “21” sold 18 million copies last year which accounted for 1.6% of all the music sold around the world. The pop singer even helped the United Kingdom increase their share of global music sales to 13%.
Tom Hanks appears to be headed to the Great White Way to make his Broadway debut. So is Zooey Deschanel who will be starring in a musical based on Loretta Lynn’s autobiography “Coal Miner’s Daughter”.
April 9, 2012
Whether trying to figure out how many users the streaming music actually has or why audiences have abandoned television shows in the ten o’clock hour, it turns out keeping track of media metrics often requires fuzzy logic.
In one instance the ratings for CNBC in the 18 to 49-year-old demographic plummeted when three people included in Nielsen’s measurement sampling turned 50. Meanwhile, Billboard’s new formula for ranking singles caused Justin Bieber to narrowly miss hitting the number one spot.
There have been no problems counting money at movie theater and Broadway box offices. “Hunger Games” has helped movie grosses continue their record setting pace for the year and over on the Great White Way, three musicals pulled in over $2 million during Easter break.
Of course, we also cover the top entertainment headlines from the past week, including Ryan Seacrest’s Olympic efforts, Vince Vaughn’s bad timing and YouTube’s confusing relationship with Viacom.
February 27, 2012
Predicting who will win Academy Awards each year isn’t as easy as it looks. Just ask IndieWire’s Anne Thompson. She managed to pick 19 out of 24 winner’s at this past weekend’s Oscar ceremony, but there were a few categories which had everyone guessing. Thompson takes us backstage on Oscar night and explains how easy it is for someone covering the awards season, like herself, to over think how Academy voters will respond when ballots are cast.
Meanwhile, Google filed applications last week to become a cable television provider in Kansas City. What remains to be seen is whether the tech giant can obtain enough programming to attract customers.
Maybe Hollywood will welcome Google with open arms as they have with the glut of streaming video providers all vying to license premium content. Ironically, the industry seems to be ahead of the curve on a new technology they hope will make up for falling DVD sales.
We also cover the week’s top entertainment headlines including a new book from J.K. Rowling, Barbara Streisand’s new record deal and how advertising at movie theaters is being taken more seriously.
July 11, 2011
Less than a year after ceasing publication of their print edition Paste Magazine has revived itself in a new digital format. The popular music and culture magazine shunned the traditional print medium and relaunched as a weekly web periodical chock full of long-form features, downloadable music and multimedia content. Editor Josh Jackson reveals how the new Paste mPlayer was designed from the ground up as a next-generation publication. Is Paste giving us a glimpse into the future of magazines?
Soap operas are in the midst of their own transformation. Rather than canceling “All My Children” and “One Life To Live” as planned, ABC has struck a deal to keep the shows alive on the Internet. Will loyal viewers migrate online to keep up with their favorite soaps?
The music industry has also received some good news lately. Not only will the hotly anticipated arrival of Spotify in the United States soon be a reality, but Nielsen Soundscan is reporting that music sales are up slightly this year. Does all of this mean the music business is poised to make a comeback?