Showbiz Sandbox 640: Hollywood Has Always Been Addicted To Sequels
November 28, 2023
If moviegoers have grown tired of endless sequels and franchise reboots, as some will have you believe, then Hollywood studios may be in big trouble. In 2024, a new sequel will be released every other week, including another Godzilla movie, Dune 2, a new Ghostbusters, a new Kung Fu Panda, another Mad Max film, Deadpool 3, Inside Out 2, the next Planet of the Apes movie and a new Despicable Me. Yet, Hollywood’s love affair with sequels is as old as the film business itself.
Meanwhile, in the music industry, comedian Bo Burnham hit a landmark on the Billboard charts, the performing rights organization BMI ditches its nonprofit status, and musical duo Daryl Hall and John Oates are suing each other.
Of course we also cover the week’s top entertainment headlines including Disney’s horrible year continues with its latest animated film, Taylor Swift gives herself a birthday present and spending on productions for streaming services hits an all time high in Europe.
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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 636: Why Streaming Subscriptions Are Getting More Expensive
November 1, 2023
When Netflix announced its earnings for the third quarter of 2023 it also confirmed that it would be increasing prices for those that don’t want to view ads. Amazon recently said it would also be raising the price for the ad-free tier of Prime Video. It turns out these streaming services have discovered they make more revenue per subscriber when they are willing to watch ads. Now all they need to do is scale their advertising subscriber-base.
Meanwhile, there are signs that talks to settle the actors’ strike may be going well. Though the strike’s damages have already been done with studios postponing releases until 2025 and television ad rates plummeting.
Of course we also cover the week’s top entertainment headlines including why music publishers are taking legal action against artificial intelligence companies, how record labels are trying to prevent artists from re-recording their albums and the untimely death of Matthew Perry.
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Showbiz Sandbox 635: Deciphering Hollywood Hits and Misses
October 17, 2023
Hollywood studios often try to camouflage the success or failure of their movies. Sometimes they claim a film is unprofitable, yet go on to make several sequels, as Nu Image did with the “Has Fallen” franchise. Other times a studio insists a movie is a modest box office hit despite paying hundreds of millions for the underlying property, as with Universal Pictures’ recent “The Exorcist: Believer.” It many not matter to moviegoers, but it does to those with profit participation.
There is no denying that Taylor Swift’s “Eras Tour” concert film is a huge success after its weekend in cinemas around the world. Though it didn’t live up to early box office forecasts, its opening was three times bigger than any concert movie in history. It became the highest grossing such film of all time in North America after just three days.
Of course we also cover the week’s top entertainment headlines including the latest on the actors’ strike, some questions over Spotify’s audiobook offering and Microsoft finally completes its acquisition of Activision Blizzard.
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Showbiz Sandbox 632: Pickets Down – Hollywood Writers Strike A Tentative Deal
September 26, 2023
The Writer’s Guild of America reached a tentative agreement on a new contract with the Alliance of Motion Picture and Television Producers (AMPTP) potentially ending its strike after 146 days. Entertainment attorney Jonathan Handel wrote the book on Hollywood strikes, literally, and is a contributing writer at Puck where he covers labor issues. He fills us in on what is known about the deal the WGA negotiated and when striking actors may follow suit.
Handel also helps us understand why some big name authors and comedians are suing OpenAI for copyright infringement after discovering the company used their work to train their artificial intelligence platform, ChatGPT.
Of course we also cover the week’s top entertainment headlines including how HBO is adding sports to its streaming service, Amazon will add advertisements to Prime Video and Ruper Murdoch announces his retirement from Fox and News Corp.
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Showbiz Sandbox 630: Resurrecting Silent Films Can Be Profitable (Theoretically)
September 12, 2023
The 1923 silent film “The Spanish Dancer” starring Pola Negri is the latest restoration project being theatrically released by Milestone Film & Video, one of the key players over the past 30 years in resurrecting forgotten and neglected films. We are joined by Dennis Doros, the co-founder of Milestone, who tells us how he turned a labor of love into a viable business.
Meanwhile, unlike the carriage dispute between Disney and the cable provider Charter Communications, which was settled early this week, the writers and actors strike against Hollywood studios and networks appears to have no end in sight.
Of course we also cover the week’s top entertainment headlines including the winners of this year’s Venice Film Festival, a new artist-centric royalty scheme for music streaming and how criminals are using Spotify to launder money.
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Showbiz Sandbox 629: Disney vs. Charter Feud Could Finally Unbundle Cable
September 5, 2023
Carriage disputes between cable companies and media companies are nothing new. They happen regularly around big events like the Super Bowl, FIFA World Cup or the Oscars. However this time Charter Communications, the second largest cable operator in the United States, has pulled all of Disney’s 19 networks from its service, refusing to pay the higher licensing fees, arguing that the bundled pay television business model no longer works. Settling the disagreement could significantly alter the future of the television landscape.
Meanwhile, Taylor Swift has conquered the album charts and football stadiums and now she’s going to conquer movie theaters. And with summer box office hitting $4 billion, Swift’s concert film comes at the perfect time, at least for those in North America.
Of course we also cover the week’s top entertainment headlines including the Hollywood Reporter gets another editor-in-chief, more details about Kevin Costner’s departure from “Yellowstone” and Michael Mann brings his “Ferrari” to the Venice Film Festival.
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Showbiz Sandbox 628: An Inside Look at Streaming’s Microscopic Residual Payments
August 30, 2023
The recent success of the television series “Suits” on Netflix has shined a spotlight on how much money writers make on a cable or broadcast hit versus one on a streaming service. Last week one of the show’s writers revealed the vast difference in residual payments he received between linear and streaming underscoring why the WGA is currently on strike.
Meanwhile, with the WGA and SAG-AFTRA striking in strong solidarity, the AMPTP has hired a public relations crisis management firm. Studios, realizing the strike shows no sign of ending, have begun postpone tentpole releases such as “Dune 2” into 2024.
Of course we also cover the week’s top entertainment headlines including how Amazon has shown interest in partnering with Disney on ESPN, how preview screenings are messing up box office calculations and why musicians seem to be dumping manager Scooter Braun.
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Showbiz Sandbox 627: Linear TV Drops Below 50% In U.S. For First Time
August 22, 2023
The number of households in the United States subscribing to traditional pay television services has dropped below 50% for the first time in the two years Nielsen has been tracking such metrics. And it’s not that viewers are cutting the cable cord, they’re just watching their favorite television shows and movies on streaming services more than they are on broadcast and cable.
Meanwhile, the writers and actors’ strikes show no sign of ending. One of the big sticking points is over the use of artificial intelligence in future productions. Now a new court ruling sided with the Copyright Office and said works solely generated by AI cannot be copyrighted.
Of course we also cover the week’s top entertainment headlines including why Disney is being sued by one of its finance partners, why an Iranian filmmaker is being thrown in prison and some box office shenanigans taking place in Korea.
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Showbiz Sandbox 626: Will Disney’s Big Wager On Sports Betting Pay Off?
August 15, 2023
Though Disney had previously dismissed the idea of venturing into sports betting, saying it didn’t fit the company’s image, the media giant signed a billion dollar agreement this week with a little known online gambling company. The move comes as Disney’s linear television revenue is declining with no end in sight and losses for its streaming service continue to mount. Will ESPN Bet help bolster Disney’s balance sheet?
Meanwhile the dual writers and actors strikes continue though the AMPTP held what was reportedly a productive conversation with the Writers Guild over the past week. Hollywood will need to get comfortable with holding labor negotiations since more of its workers are opting to unionize.
Of course we also cover the week’s top entertainment headlines including why Paramount is selling publishing giant Simon & Schuster, India has one of its biggest box office weekends of all time and why you might not want to work for Lizzo anytime soon.
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