Showbiz Sandbox 134: Video-On-Demand Rides To The Rescue At Sundance

This year’s Sundance Film Festival came to a close last weekend awarding top prizes to a wide range of movies. Independent film industry veteran Michael Tuckman sizes up this year’s festival and highlights some of its most noteworthy movies. Tuckman explains how video-on-demand has become a big part of the distribution strategy for such films, providing them with a wider audience than traditional art houses.

IFPI also showed up with some good news last week reporting that global digital music sales were up eight percent in 2011. Subscription services such as Pandora and Spotify are helping increase revenue, though they are also eating into the advertising dollars usually reserved for local radio stations.

Meanwhile, Broadway is gearing up for its spring season with a glut of hot new productions, making it difficult to pick a front-runner for Best Musical (the most valuable – if not the only valuable – Tony Award). Best Play is also up for grabs and none of the newcomers are slam dunks.

We also cover the week’s top entertainment news stories including, Simon Cowell retooling the “X-Factor” with new hosts and judges, an upbeat earnings report from Netflix and how Ticketmaster bungled the sale of tickets to Bruce Springsteen’s latest tour… again.

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Showbiz Sandbox 99: How To Fix Hollywood’s Obsolete Residual Payments System

Labor and contract negotiations are a constant concern in Hollywood. Entertainment attorney Jonathan Handel is a contributor to The Hollywood Reporter and has written a book about the industry’s labor disputes,  “Hollywood on Strike!: An Industry at War in the Internet Age“. The book grew out of his coverage of the labor unrest that began with the 100 day Writers Guild strike leading to turmoil in all union negotiations over the next two years. Handel proposes a new formula for residuals that could help avoid future strikes.

Blockbuster, the beleaguered video chain which filed for bankruptcy protection last year, was auctioned off to Dish Networks.  How the acquisition will benefit the satellite television provider remains to be seen.

The Grammy Awards are getting trimmed down as they cut more than 30 categories and combine a number of others.  Music industry professionals are split over whether the changes will help the awards show.

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