September 1, 2014
Listening to the chorus of industry naysayers or reading all the media reports might lead you to believe this year’s summer movie season was a complete financial disaster from which Hollywood could not recover. Granted, North American box office declined 15% from the same period last year, marking an 8 year low, and attendance was off by 5%. Even so, there were no huge flops over the summer and certainly none that would send a shiver down the spine of studio execs.
In fact, most of this summer’s releases will make money when international receipts are added to their theatrical grosses. The only problem with that, as Ben Fritz of the Wall Street Journal points out, is that not all box office dollars are counted equally when they are earned overseas.
We’ll also discuss how giant telecom companies are trying to maintain their stranglehold on the Internet in the United States by preventing cities from offering broadband to residents as a public utility. Such legal skirmishes are becoming more important as we move toward streaming services for movies and music.
Of course, we also cover the week’s top entertainment news stories including a new children’s book written by Bruce Springsteen, the first woman ever chosen to head the BBC and a King Arthur movie franchise may finally become a reality.
April 28, 2014
The concept that all data sent via the Internet should be treated equally has allowed services such as YouTube and Netflix to develop and prosper on a level playing field. However a new proposal from the Federal Communications Commission would effectively kill net neutrality by allowing companies to pay for faster access. Will the public revolt in mass protest or will big business ultimately prevail?
A similar question is being asked as the United States Supreme Court heard oral arguments over whether Aereo infringes on broadcaster’s copyright by retransmitting over-the-air television signals via the Internet, or if the company’s services are legal under current law. The future of television may hinge on the answer.
There seems to be no dispute over the state of opera these days as many regional companies are suffering from a number of problems, not the least of which is declining ticket sales. Most recently the San Diego Opera announced it would be shutting down after running out of money.
Of course, we also cover the week’s top entertainment news stories including Amazon’s deal to stream past HBO series, Ryan Seacrest stays with “American Idol” and why record labels are suing Pandora… again.
July 15, 2013
Though the media might like to focus on Hollywood’s failures whenever a big blockbuster tanks, the reality is most movie studios can weather a flop or two. Modern-day entertainment conglomerates include music, merchandising, consumer products and travel divisions of which the movie studio is much smaller part. Disney, for instance, made nine times as much revenue in 2012 on its television media holdings than it did with its movie studio.
Even so, without a pipeline of even modestly successful movies, an entertainment company’s entire operation can eventually suffer. That’s why even though mega-producer Jerry Bruckheimer is in a bit of a dry spell lately, (see “The Lone Ranger”) someone in Hollywood will always be willing to bet on his next project.
The past week also saw a seemingly endless supply of news stories concerning the health of celebrities. Placido Domingo was hospitalized with a pulmonary embolism, Randy Travis is in serious condition after suffering a stroke, Elton John canceled a tour after emergency surgery for appendicitis and it was all topped by the untimely death of “Glee” star Cory Monteith at age 31.
Of course we also cover the week’s top entertainment news including the Meredith Vieira’s return to television, a Twitter storm over “Sharknado” and Joan Rivers’ dispute with the Writers Guild.