Showbiz Sandbox 495: Coming Up With A Popular Method To Calculate Streaming Residuals
May 26, 2020
With audiences spending countless hours streaming video during the coronavirus pandemic, and with some movies once bound for cinemas bypassing theaters and going directly to video-on-demand, the issue over residual payments to those that make all the content has once again become a hot button issue. This especially true since global streaming subscription revenue doubled in four years to $37 billion in 2019 and is expected to hit $62 billion by 2024.
Rather than being based on box office, ratings or profits, when it comes to streaming, residuals turned into a low fixed annual payment, no matter how big a hit your series or movie was. Now the Writers Guild of America has proposed a tiered system based on viewership to make sure residual payments reflect the new streaming reality when it comes to the likes of Disney+, HBO Max and Netflix.
Of course we also cover some of the week’s top entertainment headlines including why “Batwoman” lost its star, People magazine heads to television and Joe Rogan’s podcast payday.
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Showbiz Sandbox 361: Forget Release Windows, CinemaCon Proves the Screen is the Future
April 4, 2017
Cinema operators gathered in Las Vegas last week to attend the annual CinemaCon trade show where they were able to preview upcoming film releases and learn about some of the new technology on offer for their theatres. Naturally, box office was a big topic with global ticket sales (barely) hitting a record $38.6 billion. Even with a strong U.S. dollar, international box office still made up 71% of the total.
Another issue on everyone’s mind were theatrical release windows; studios want to introduce a premium video on demand offering that brings new releases to the home sooner, though exhibitors are understandably pushing back.
Meanwhile, there may be no movies to show in cinemas if screenwriters goes on strike. The Writers Guild of America has been meeting with producers and studios, however the sides are far apart in their negotiations and a strike is looking more likely.
Of course, we also cover the week’s top entertainment news stories including Robert Downey Jr. as Dr. Dolittle, why major advertisers are upset with YouTube and Adam Sandler reups with Netflix.
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Showbiz Sandbox 52: Recruiting Sandra Bullock’s Baby
May 3, 2010
Things could have gone better this past week for the hosts of Showbiz Sandbox. J. Sperling Reich couldn’t connect to the Internet, Michael Giltz was almost washed away by a flood in Nashville, Tennessee and Karen Woodward showed up at her 20-year high school reunion only to find out that her high school crush was happily married. Thankfully there was plenty of entertainment news to discuss.
The remake of “A Nightmare On Elm Street” topped the box office, scooping up $32.2 million in North America, more than the first, second, fifth and seventh installments of the original franchise. “How To Train Your Dragon” continues to perform strongly and came in second. Oversees “Iron Man 2” opened to just over $100 million in 53 territories. The only question now is how much money will it make in North America, and will poor advance reviews affect the gross. (Don’t bet on it).
Lots of big names broke their silence this week. Director Roman Polansky blogged about being arrested in Switzerland. NBC programming chief Jeff Gaspin, told the New York Times Conan O’Brien was no longer a problem or a threat to his late-night lineup since he’s moving to cable. O’Brien gave his first televised interview since departing “The Tonight Show” to “60 Minutes”. Actress Sandra Bullock gave an exclusive to People magazine about her personal life and the adoption of her son. Read more
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