March 14, 2016
In recent years, Chinese-owned companies have become the film industry’s biggest power players by scooping up production companies and cinema chains. The latest example came when AMC Theatres, owned by China’s richest man Wang Jianlin, announced it will acquire Carmike Cinemas to become the world’s largest motion picture exhibitor.
It’s easy to see why the Chinese are so hot on the cinema business given that their box office surpassed that of North America during the month of February for the second time ever. Yet if you were to ask some financial analysts, Hollywood Hollywood is starting to look like the video game industry before it imploded; bigger budgets, fewer winners and more losers. Is Hollywood about to shrivel up like Pac-Man?
Then there are those like Sean Parker, one of the founders of Napster and Facebook, who are trying to convince Hollywood that it’s time to start making big movies available in consumer’s homes the same day they hit theaters. Is there any business model in which that could actually work?
Of course we also cover the week’s top entertainment news including the authors nominated for this year’s prestigious Man Booker Prize, music sales in France plummet and Kevin Spacey won’t be heading up Relativity Media after all.
August 26, 2014
It’s bad enough that the Emmy Awards honor the exact same talent and television shows every year. Now, the Emmys are really growing stale by handing out prizes to shows that finished airing before last year’s ceremony. Unfortunately, as television migrates to year round programming, there is no good time to schedule the Emmys which would make them feel more timely or relevant.
The industry-at-large was likely glad to see at least one aspect of the Emmys go unchanged as shows from broadcast and cable networks continue to win the most awards over shows from streaming services such as Netflix, which went home empty handed. There also, thankfully, seems to be a voter backlash against shows positioning themselves in odd categories.
Meanwhile, August has proven to be the cruelest month for show business with the untimely death of actor Robin Williams and the passing of Hollywood legend Lauren Bacall, among others.
Of course, we also cover the week’s top entertainment news stories including Amazon public relations battle with Hachette over e-book pricing, Jimmy Fallon comes out on top in the late night television war, and Anne Rice’s Vampire Lestat may see new life on the big screen.
September 30, 2013
The new television season got off to a strong start last week with major broadcast networks celebrating higher prime-time viewership. That is what initial ratings results would lead one to believe, though such figures are increasingly inaccurate. Delayed viewing on DVRs and online has made it more difficult than ever to properly measure viewership in a timely fashion.
Changes are also afoot at the Oscars as the Academy is modifying the way animated films are nominated for Best Animated Feature. Rather than rely on a selection committee, a majority of the organization’s 6,000 members will now be able to participate in the nomination process by viewing films on screeners.
Meanwhile as the film industry moves from celluloid film to digital projection, object based audio is also being adopted over traditional channel based surround sound. Major studios recently made the issue more contentious by mandating any new audio be distributed in a common, non-proprietary format. Will this stifle future innovation in the cinema space?
Of course, we also cover the week’s top entertainment news stories including why iTunes music purchases have started disappearing, Robocop returns to Detroit (literally) and “Star Wars” fans draft an open letter to director J.J. Abrams about how to make the franchise.