Showbiz Sandbox 330: Rio Olympics Faces Competition for TV Viewers

August 8, 2016

The 2016 Summer Olympics are underway in Rio de Janeiro, Brazil and there are more ways to watch the games than ever before. In the United States, NBC is broadcasting 6,800 hours of coverage from Rio across 11 television channels and 41 live online streams. We look at the declining TV ratings and whether all the action is happening in primetime or online. And does that even matter?

What didn’t seem to matter at all were the dozens of negative reviews movie critics skewered threw at the latest DC Comics adaptation, “Suicide Squad”. After being universally panned, the film went on to break global and North American box office records when it opened over the weekend.

The Television Critics Association summer press tour has proven to be a hotbed of video streaming news. For instance, Time Warner bought a 10% stake in Hulu and NBC let slip they will be announcing their own streaming plans soon. Meanwhile, rumors are circulating that Apple wants to build a TV guide to let everyone know how and where there favorite shows can be found.

Of course we also cover the week’s top entertainment news including Oprah’s latest book club pick, the albums nominated for this year’s Mercury Prize and George R. R. Martin books another TV series.

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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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