Showbiz Sandbox 67: Cheap Digital Music Downloads Are On (Arcade) Fire
August 17, 2010
The indie rock group Arcade Fire topped the album charts for the first time in their career with the release of their third album “The Suburbs” which moved more than 156,000 copies in its first week. However more than 97,000 of those albums were sold digitally at significantly reduced prices. Are digital music downloads devaluing music? Todd Martens, a music reporter with the Los Angeles Times, joins us to explain how digital downloads are affecting the music industry.
Speaking of digital media, Netflix entered into a $900 million deal with Epix which will allow them to stream films from Paramount, MGM and Lionsgate starting in September. Meanwhile the popular television streaming website Hulu is rumored to be investigating an IPO.
Sylvester Stallone may have shown up just in time to save Lions Gate with “The Expendables” which came in first at the box office, but “Scott Pilgrim vs. The World” proved a disappointment despite earning rave reviews.
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Showbiz Sandbox 28: Why Spider-Man Is Hard Up For $52 Million
November 9, 2009
We don’t always talk about theater on the podcast, but Los Angeles Times staff writer John Horn wrote a story too good to resist. The Broadway debut of “Spider-Man: Turn off the Dark” has found its greatest enemy is the budget. Horn joins us to talk about the story behind one of the most troubled productions in Broadway history and how he got the scoop (not to mention the musical’s script, soundtrack and a video promo reel).
But first, Michael Giltz eats another serving of crow this week, as the Michael Jackson rehearsal documentary “This Is It” held up respectably and indie-darling “Precious” grossed a stunning $1,800,000 on just 18 theaters over the weekend. “Precious” will no doubt be nominated for a few Oscars come awards season. Speaking of the Academy Awards, Steve Martin and Alec Baldwin are teaming up to host next year’s Oscar telecast. Karen Woodward though the decision to go with Martin and Baldwin was dated and hopes they don’t hijack the show. On the other hand, Michael and J. Sperling Reich thought it was a good choice.
In more frivolous news, Nicolas Cage is suing his former money manager, Samuel J. Levin, for $20 million in Los Angeles Superior Court, claiming he enriched himself while “sending Cage down a path toward financial ruin.” Read more
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