Showbiz Sandbox 474: YouTube and Facebook Curtail Their Streaming Subscriptions
December 30, 2019
Facebook and YouTube might be giants in technology and media, but they have both decided to sit out the streaming wars. Sure, they’re spending $1 billion per year producing original content but pales in comparison to what the Apples and Amazons and Peacocks and HBO Maxes of the world are shelling out for new content. So, Facebook and YouTube have decided to keep their video offerings free and ad-supported.
As 2019 comes to a close with one of the biggest movie-going weeks of the year it looks as if the industry will end a semi-happy note, with record international box office, perhaps a new worldwide box office record and the second biggest North American haul in history.
Meanwhile, China added another 8,800 movie screens this year, bringing the country’s grand total to a titch under 69,000 in all. And most of the hits playing on those screens are Chinese films and that’s just the way the government wants to keep it.
Of course we also cover the week’s top entertainment headlines including why Universal Pictures may have released a new version of “Cats” after it was already in theaters, live news and sports dominates the year’s basic cable ratings and Spotify gets out of politcs.
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Showbiz Sandbox 366: Shifting TV Viewership is Affecting Ratings, Ad Sales and Future Programming Decisions
May 15, 2017
All the major television networks are preparing their dog-and-pony shows for advertisers at this year’s upfront presentations as they look to sell $9 billion worth of commercial time for the upcoming season. However with viewership continuing to become more fractured, the industry has grown concerned that falling ratings over the past year will lead to lower ad sales. Which raises the question about just how accurate audience measurement is these days.
Networks have begun taking measures to shore up potentially weaker ad sales by demanding harder bargains from production companies, owning more of their own series and making untold fortunes internationally with certain shows. They’re also dabbling more and more with live television specials including musicals such as “A Christmas Story”.
The 70th edition of the Cannes Film Festival will also begin this week, though not without some controversy over two Netflix titles screening in competition, but not in French movie theaters. This has led Cannes to create a new rule beginning in 2018 that any film selected for the festival must have a theatrical release in France.
Of course, we also cover the week’s top entertainment news including why Spotify might abandon plans for its IPO in lieu of a direct list o the stock market, Cheryl Boone Isaacs decides not to run for another term as head of the Academy of Motion Picture Arts and Sciences and Kelly Clarkson joins “The Voice” just as ABC announces the return of “American Idol.”
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Showbiz Sandbox 301: The Current Reality of Virtual Reality
November 9, 2015
Until the past few years virtual reality felt more like actual fiction, as proponents offered up underwhelming demonstrations which requiring expensive and cumbersome equipment. The days however, the ongoing work by the pioneers developing VR has transformed the technology into a viable platform for more than just the odd hardcore gamer.
As VR products and content make their way into the consumer market, it seems no industry trade show or film festival is complete without addressing the technology in some way. In fact, just last week, the Sundance Institute announced they would begin a residency program in VR and the New York Times launched their own VR initiative. We dive into the hype behind VR and try to make some sense out of what all the fuss is about.
Meanwhile, as the MPAA confirmed a new agreement for film distribution in China, and with the country on track to surpass North America as the world’s largest movie market in 2017, a number of organizations are claiming China isn’t abiding by international trade rules to which it had originally agreed.
Of course we also cover the week’s top entertainment news including the nominees from this year’s European Film Awards, Showtime’s plans for the revival of “Twin Peaks” and why a number of police departments are calling for their officers to boycott Quentin Tarantino’s upcoming movie.
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Showbiz Sandbox 167: The Digital Age Crushes Variety
October 15, 2012
Last week the venerable trade paper Variety, which has been covering the entertainment industry for more than 100 years, was sold to Penske Media Corporation for $25 million. Dana Harris, the editor-in-chief of Indiewire, spent 11 years at Variety and she joins us to discuss the past, present and future of a news outlet that has struggled to adapt in an online world.
Of course, the music world is quite familiar with how digital technology can disrupt existing markets. Digital radio pioneer Pandora is pushing legislation regarding the royalties they pay to artists. This past week they made public some the big checks they’ve been writing to individual musicians.
The royalties for a bunch of super heroes are also being disputed. Stan Lee Media is suing Marvel to get a cut of all that “Avengers” money and the daughter of Superman creator Jerry Seigel is duking it out with Warner Bros. over copyright claims.
Of course, we also cover the week’s top entertainment news including a break for Louis CK, CNN gets into the documentary film business, and how New Zealand is literally minting money for “The Hobbit”.
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