Showbiz Sandbox 649: Hollywood’s Superhero Movie Problem
February 27, 2024
The superhero movie is facing its biggest enemy yet – audience indifference. “Madame Web” is just the latest superhero flick to open to poor reviews and/or bad box office. Entertainment journalist Geoff Boucher, who has covered the comic book world for over two decades and is a bigwig at ComicCon, discusses the declining popularity of superhero films and his belief that there are better times ahead for the genre.
Meanwhile, Paramount and Warner Bros. Discovery are facing their own existential threats, especially when it comes to their declining ad revenue, soft earnings and overwhelming debt.
Of course we also cover the week’s top entertainment headlines including Beyoncé making history on the country music charts, revenues soar for concert promoter Live Nation thanks to some big tours and artificial intelligence upends the expansion of Tyler Perry’s studio.
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Showbiz Sandbox 604: Which Awards Actually Matter?
January 17, 2023
As we get deeper into this year’s awards season we’re finally hearing from groups whose opinions mean something. For instance, the guilds for directors, producers and cinematographers have all nominated their top picks from last year’s movies. In other instances however, awards are handed out in so many different categories, it seems like every film released gets a gold star.
Meanwhile, as the Grammy Awards are nearly upon us, we are learning that last year’s top five songs are generating less interest than the top five songs from 2021. In fact, the ten biggest songs of each year are drawing fewer and fewer listeners year-after-year, becoming a smaller piece of the streaming pie.
Of course we also cover the week’s top entertainment headlines including why Amazon is parting ways with Jeremy Clarkson, how Cathleen Hoover dominated the 2022 best seller lists and a first look at last year’s global box office tally.
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Showbiz Sandbox 577: Why The Biggest Japanese Game Is Actually Chinese
March 21, 2022
Over the last year the mobile video game “Genshin Impact” has earned over $2 billion. From its anime-like visuals to its bug-eyed characters the role-playing game appears to be Japanese in every way. However, while Japan may have a reputation as the world’s leading video game developer, “Ghensin Impact” was made in China. We explain why this is so significant and what it means for those playing the game.
Meanwhile, there is only one week to go before this year’s Oscars ceremony. All the guilds have now weighed in with their top honorees making it even more difficult to predict which movie will win Best Picture.
Of course we also cover the week’s top entertainment headlines including how HBO Max and Discovery+ will be combined into a single streaming service, Netflix wants you to pay for sharing accounts and the world’s largest movie theater chain is going for the gold (quite literally).
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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 477: The Recording Academy Upstages Itself During Grammy Week
January 21, 2020
Even before this year’s Grammys are handed out next Sunday the Recording Academy is making headlines, not necessarily in a good way. In a controversial move, the organization put its CEO Deborah Dugan on administrative leave after less than six months on the job, citing reports of alleged misconduct. However, this came after Dugan sent a memo to the academy’s board highlighting voting irregularities, financial mismanagement, exorbitant legal bills as well as conflicts of interest with the organization’s board members, executive committee and outside lawyers.
It will take some time to sort out what is actually going on within the Recording Academy’s executive ranks, though we should know who takes home the Album of the Year Grammy by next week. If the academy plays it safe, it just might be Vampire Weekend, but we think Lizzo should be a frontrunner.
Meanwhile, Chinese New Year is upon us, the biggest movie-going week in the Middle Kingdom. As usual the country has blacked out Hollywood film releases to help bolster attendance of homegrown movies. Yet this may not even be necessary since lately domestic titles are doing better than imported content.
Of course we also cover the week’s top entertainment headlines including this year’s Rock and Roll Hall of Fame inductees, Netflix plans to spend billions on content and why we might be headed for another writers strike.
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Showbiz Sandbox 476: Four Movies Top This Years Oscar Nominations
January 14, 2020
When the nominations for the 92nd Annual Academy Awards were announced on Monday morning, for the first time in history four films wound up earning ten or more nods; “1917,” “The Irishman,” “Joker,” and “Once Upon a Time… in Hollywood.” While the media will focus on who was snubbed or the lack of diversity among nominees, the real story is just how wide open this year’s highly competitive Oscar race truly is.
Will this be the year that Netflix wins a Best Picture trophy? They wound up earning more total nominations than any other studio (or streamer). As well, a record 62 women received nominations, though filmmaker Greta Gerwig was overlooked as a director for “Little Women”.
Meanwhile, as CES wrapped up in Las Vegas last week a new standard could make televisions a lot friendlier when it comes to showing movies. And Jeffrey Katzenberg showed up to tout his new short-form video streaming service.
Of course we also cover the week’s top entertainment headlines including “Hamilton” closes in Chicago after earning $400 million, some drama in the romance literary world and streaming music hits an all time high.
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Showbiz Sandbox 394: A Golden Globes Ceremony With Perfect Timing
January 8, 2018
Amid a sea of black dresses and black tie Hollywood held its first big annual event of the #metoo age as the Golden Globes became a platform for the industry to speak out on gender inequality. The highlight of the evening came when Oprah Winfrey delivered a rousing acceptance speech for an honorary award that had everyone wondering whether she plans on running for president in 2020.
Meanwhile, estimated financials for 2017 are being tallied and it looks as if the global box office set new highs, thanks in part to the Chinese market which is still rising sharply. In North America however, attendance reached a low that hasn’t been seen in decades generating receipts that declined only slightly.
And just as a new wave of lawsuits threaten to swamp Spotify, the music streaming service looks to cash in with one of the largest direct public offerings ever. Apple music is still trying to catch up to Spotify’s 70 million paying subscribers as Jimmy Iovine, one of their key executives, is reportedly stepping down this summer.
Of course we also cover the week’s top entertainment news including Broadway’s record breaking year, Lady Gaga heads to Las Vegas and John Legend becomes a savior.
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Showbiz Sandbox 353: Streaming Giants Raise Ante at Sundance Film Festival
January 30, 2017
As if it wasn’t difficult enough for distributors to find a commercial title amidst the hundreds of films premiering at the Sundance Film Festival each January, video streaming companies such as Netflix and Amazon have entered the bidding causing acquisitions prices to rise for the entire market. Anne Thompson, Indiewire’s editor-at-large, has just returned from Sundance where she reports most of the films were good, though maybe not good enough to win any Oscars in 2018.
As for this year’s Oscars, the frontrunners became a little more clear with the Producers Guild and Screen Actors Guild handing out their awards over the weekend. “Hidden Figures” surprised many by taking home the SAG Award for Outstanding Performance by a Cast in a Motion Picture during a politically charged ceremony.
Speaking of industry unions, the Directors Guild of America has signed a new contract with producers that gives its members significant raises in subscription video-on-demand residuals. This is welcome news for directors who missed out on sharing in DVD and Blu-ray revenue over the past decade.
Of course, we also cover the week’s top entertainment news stories including the launch of a brand new vinyl record factory, Jeffrey Katzenberg’s new venture and streaming music company Tidal finds a new investor.
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Showbiz Sandbox 309: Getting Shutout at Sundance
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.
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Showbiz Sandbox 263: A Review of the Entertainment Industry’s Annus Horribilis
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.
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