May 23, 2011
Despite earning more than $90 million in North America during its debut weekend, the opening of “Pirates of the Caribbean: On Stranger Tides” did not live up to many industry insiders lofty expectations for the movie. However, considering the film made an additional $260 million in more than 100 international territories, its impossible to consider the latest installment of the Jack Sparrow franchise anything other than a success.
Even so, some analysts believe any muted box office returns for “Pirates” in North America are due to the public’s rejection of 3D movies. Have audiences grown tired of viewing films in 3D? Is the once flashy new technology now passé or is the surcharge for 3D and Imax causing moviegoers to opt-out?
The Cannes Film Festival came to an end this past week with Terrence Malick’s “Tree of Life” taking home the Palm d’Or. Will winning the festival’s top prize help the film’s financial prospects? If history is any guide, probably not.
April 25, 2011
It’s hard to believe we’ve recorded 100 episodes of Showbiz Sandbox. It’s also hard to believe that a 3D porno (okay, an erotic comedy) could ever smash a box office record set by “Avatar”. But that’s exactly what happened in Hong Kong, where “Sex and Zen: Extreme Ecstasy” opened to USD $2.19 million. The producers wanted to screen the film in Imax, but were refused, disappointing Karen Woodward, our guest and former co-host, who says that despite all the rumors, size does matter.
If bigger really is better, then Netflix has nothing to worry about. They are set to become the largest subscription entertainment business in the United States with over 23 million customers, beating out satellite radio and cable television. The same can’t be said about any of the music streaming services that Apple, Google and others are working on. Apparently, negotiating a licensing deal with record labels can be quite difficult. Go figure!
The Coachella Music Festival also took the size issue to heart, adding more space for attendees to enjoy the more than 100 bands which performed this year. J. Sperling Reich was there and tells us which artists are worth checking out (Lauryn Hill), and which shouldn’t quit their day jobs (Odd Future).