May 7, 2012
Movie theater owners were abuzz after seeing the first extended footage of “The Hobbit” a few weeks ago at CinemaCon. Most however didn’t have anything positive to say about Peter Jackson’s highly anticipated prequel to his “Lord of the Rings” franchise. The filmmaker decided to shoot the film at 48 frames per second, twice the speed of traditional 35mm film, and many who saw the clips felt they looked like a cheap soap opera. Jackson claims the footage was from unfinished scenes, though it left many wondering if high frame rate films are really worth all the hype.
Meanwhile, two months after Disney took a bath on “John Carter” when it bombed at the box office, the studio is raking in the dough on “Marvel’s The Avengers”. While the film may go on to be the highest grossing film of the year (so far), it wasn’t enough to save the job of Disney chairman Rich Ross.
Movies are even making news on Broadway. Leading the pack of Tony Award nominees last week were two musicals adapted from films; “Once” and “Newsies”.
We also cover some of the top entertainment news stories from the past two weeks including James Bond’s new publisher, Jack White’s first number one album and a Amazon’s plans to crowd source good television shows.
Showbiz Sandbox 129: Ticket Masters – The Rise of the Concert Industry and How the Public Got Scalped
December 12, 2011
Anyone who has ever tried to get good tickets to see their favorite band in concert knows how frustrating it can be. Josh Baron and Dean Budnick, two editors of Relix magazine, spent three years speaking to hundreds of industry veterans to research the history of modern ticketing. Their book, “Ticket Masters: The Rise of the Concert Industry and How the Public Got Scalped“, is being hailed as the most comprehensive work on the subject. In this interview they explain the real culprit behind today’s high ticket prices and provide a few ways to get the best seats in the house.
The end of the year usually marks a busy and highly profitable time in the movie industry, however box office receipts have been declining over the past two weekends to three year lows. It certainly doesn’t help that as film critics from around the nation bestow their annual awards, there doesn’t seem to be a clear frontrunner for the upcoming Oscar season.
In the music world, despite the glut of music subscription services such as Spotify, Rdio and Mog, some musicians are pulling their latest releases from the platforms. Most recently, The Black Keys have joined the likes of Coldplay in not allowing their new album to be streamed on any of the top services. Rather than help increase sales, the feeling is that these services may actually be preventing them.
September 6, 2011
Big budget sequels and super hero movies helped push the bar on summer box office records slightly higher. North American grosses rose to $4.4 billion as overseas markets improved to $8.2 billion in receipts. But how much did all those blockbusters actually cost to produce and market? After all the money is counted, how profitable will the latest installments of “Pirates of the Caribbean” and “Transformers” truly be? We sharpen our pencils and do the math to answer all these questions and more.
One future blockbuster that was recently axed by Disney may actually get made after all. The studios is lowering the budget on “The Lone Ranger” by asking star Johnny Depp and filmmaker Gore Verbinski to take a pay cut.
The publishing world also seems to be doing quite well lately thanks to strong sales of digital titles. Even though the e-books may be getting all the love in mainstream media stories, Random House wants everyone to know that print books aren’t dead. In fact, the sale of hardcover and paperback books still outpaces their digital counterparts.