Showbiz Sandbox 654: CinemaCon Promotes A Bright Future for Movie Theatres
April 16, 2024
CinemaCon, the annual gathering of cinema operators in Las Vegas, was filled with anxiety this year thanks to a lack of wide releases due to the recent labor strikes. However, most Hollywood studios showed up with a few movie stars to hawk an increasing number of big titles due later in the year and into 2025. As well, technology companies introduced some exciting new advances in projection and image quality. In all, the conference pointed toward better days ahead for movie theaters.
In even better news, it looks as if the many behind-the-scenes craft people who work on films and television shows may not go on strike like the writers and actors did last year. The International Alliance of Theatrical Stage Employees (IATSE) appears to be having very positive negotiations with Alliance of Motion Picture Television Producers on a new contract.
Of course we also cover the week’s top entertainment headlines including how Disney won its shareholder battle, the winners of this year’s Writers Guild Awards and CBS whips up a new streaming news service.
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Showbiz Sandbox 637: Spotify Fighting Fraud With New Payment Plan
November 7, 2023
Spotify is changing how it pays out royalties in an effort to deter fraud, demonetize the flood of new music that almost no one listens to and frustrate those gaming the system. None of the changes will alter the amount of money paid out in royalties each year. But Spotify believes the move may add up to $1 billion a year going to actual musical artists, rather than con artists.
Meanwhile, the actors’ strike continues despite word that SAG-AFTRA and the AMPTP were close to a deal on a new three-year contract. Word is that one of the remaining sticking points has to do with how artificial intelligence can be used to create performances in future productions.
Of course we also cover the week’s top entertainment headlines including a new Broadway season ramps up with plenty of new productions, Live Nation reports record earnings thanks to sales of concert tickets and Britney Spears becomes a bestselling author.
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Showbiz Sandbox 420: A Closer Look at the Current State of the Publishing Industry
August 20, 2018
When we talk about the publishing industry, we are usually looking at the trade market. Those are the books sold in bookstores, like the latest Stephen King title. But the publishing industry is made up of more than just trade. For instance, there’s also the education market like college and high school textbooks. While trade publishing has modestly righted itself revenue-wise over the past few years, all these other segments are down in sales, sometimes considerably.
Meanwhile an entire week has gone by without MoviePass changing the terms and conditions of its cinema-going subscription plans. Even so, the company’s investors are not happy and are suing the owners for tanking the stock.
We’ll also take a closer look at the music industry paper published by Citigroup last week. A lot of industry players have very convincing reasons why the way the report calculates its revenue and statistics is all wrong.
Of course we also cover the week’s top entertainment news including how Conan O’Brien is trimming his nightly talk show to a half-hour, Sony Music will distribute the earnings from its Spotify investment to artists and the streaming television series that has hundreds of millions of viewers in China.
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Showbiz Sandbox 307: Can Guild Nominations Forecast Oscar Winners?
January 11, 2016
This year’s Academy Award nominations will soon be announced and we wonder if one can predict who might take home Oscar gold by watching the annual honors handed out by Hollywood’s labor guilds. We’ll tell you how won Golden Globes, which have proven less reliable in forecasting Oscar winners, and take a look at who the Brits shine a spotlight on via the BAFTAs.
Much like the movie business, publishing has become a global game. That makes the recent broadside by groups representing authors around the world especially notable. They’re calling on publishers to offer author contracts that are more equitable and represent the way business is done in the 21st Century.
Director/Producer Gavin Polone believes Hollywood studios and television networks are only hurting themselves when they decide to cook the books when it comes to reporting earnings to profit participants. He argues that the talent and creatives they cheat on the backend have no incentive to keep costs down on the front end.
Of course we also cover the week’s top entertainment news including how Netflix went worldwide, actor Sean Penn went to Mexico to interview the head of a drug cartel and the death of legendary musician David Bowie.
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Showbiz Sandbox 306: Deconstructing the 2015 Movie Box Office
January 4, 2016
Few, if any, can rival Paul Dergarabedian when it comes to analyzing the film industry’s global box office. Rentrak’s senior media analyst has been running movie numbers for upwards of 20 years now and is a regularly quoted box office pundit. Dergarabedian joins us to discuss how 2015 turned into a record breaking year at the box office all over the world.
We cover everything from how the winners at last year’s box office left little for the losers to the increasing role social media plays in the fortunes of any given movie, from the importance of international grosses to the record shattering “Star Wars” sequel. One big question is how 2016 could ever top last year’s figures or if that even matters.
We wind up in the music business where lawsuits are always a good indication on the issues affecting the industry. Two big new lawsuits target Spotify and Ticketmaster. We’ll explain what they are all about… and predict if they will actually make it to trial.
Of course we also cover the week’s top entertainment news including why The Beatles agreed to put their music on streaming services, how Taylor Swift’s concert tour topped the charts last year and the sexual assault charge against Bill Cosby.
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Showbiz Sandbox 302: The Long Slow Death of Overnight Television Ratings
November 30, 2015
Taking a cue from cable networks like AMC and USA, Fox recently became the first major network to abandon the practice of touting overnight television ratings numbers. The move simply confirms the growing realization within the industry of a sea change in viewing habits that is having a massive impact on when shows are watched, what shows are produced and how they get promoted.
The publishing industry is undergoing its own set of struggles. New reports on book sales paint a dire picture for the ebook format and mid-size publishers. We’ll go over the numbers and explain what they actually mean.
Speaking of numbers, Adele’s new album “25” broke sales records selling 3.38 million copies in its first week, accounting for 67% of all record sales in Billboard’s Top 200. While you can hear songs from the album on the radio or purchase it via digital download and even on compact disc, Adele is not allowing you to stream it on services such as Spotify or Apple Music
Of course we also cover the week’s top entertainment news including how French television series were big winners at the International Emmy Awards, why only one of this season’s new TV shows have been cancelled and Sony’s decision to stop manufacturing Betamax tapes.
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Showbiz Sandbox 296: Entertainment Industry Numbers Are Often A Comedy of Errors
September 28, 2015
It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.
Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.
Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.
Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.
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Showbiz Sandbox 283: Why Apple Is Cannibalizing Its Own Music Sales
June 16, 2015
Apple finally announced its long rumored music streaming service last week, which is meant to compete with market leaders Pandora and Spotify. The offering seems in direct conflict with the ongoing business of the largest music retailer in the world, but as Ryan Faughnder of the Los Angeles Times points out, Apple may have had no choice since iTunes digital music sales have significantly decreased.
Now, the music industry is hoping that Apple can ride to their rescue once again, as they did with digital music previously, by attracting the large subscriber base required to make music streaming profitable. Faughnder gives us his thoughts on what the new service means to the business, and tells us how competitors have responded to Apple’s entrance into the market.
There seemed to be no competition for “Jurassic World” during its theatrical debut. The film was released globally and gobbled up opening weekend box office records both in North America and internationally, earning more $500 million in just three days. That gross is more than the combined weekend receipts for every other film currently in theaters worldwide.
Of course, we also cover the week’s top entertainment news stories including Rupert Murdoch steps down as CEO of 21st Century Fox, video games get their own hall of fame and what happened when Dave Grohl of the rock band Foo Fighters broke his leg in the middle of a concert.
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