Showbiz Sandbox 341: AT&T Deal For Time Warner Makes Vertical Integration Trendy Again

October 24, 2016

Last weekend, in a sudden and unexpected deal, telecommunications giant AT&T agreed to buy the media conglomerate Time Warner for $85 billion. As its current offerings become more commoditized AT&T is looking to add content to its portfolio through picking up Time Warner, a company that counts among its assets networks such as HBO and CNN, not to mention Warner Bros. Pictures. However, this marriage is far from certain will surely come under the scrutiny of antitrust regulators.

As awards season gets underway, studios have begun releasing some of their high profile title in hopes of going after Oscar glory. Historically, that meant opening arty films in a limited number of cinemas before going wide after gaining word of mouth. We explain why that’s happening less often these days.

Meanwhile, the Wanda Group is inviting all of Hollywood, and frankly anyone producing film and TV, to its new movie studios in Qingdao, China. They are offering a 40% incentive in hopes of luring productions to the multi-billion dollar facilities, but will anyone take them up on it?

Of course we also cover the week’s top entertainment news including why Bob Dylan might not be interested in commenting on his recent Nobel Prize award, why the “Deadpool” sequel lost its director and Garth Brooks signs an exclusive deal to stream his music on Amazon’s new service.

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Showbiz Sandbox 340: Bob Dylan Is A Poet and We Didn’t Know It

October 18, 2016

When Bob Dylan was awarded the Nobel Prize for Literature last week there were cries of joy and jeers of contempt over the decision. Music Journalist Sal Nunziato joins us to ponder whether Dylan’s work is in fact literature. He explains why, out of all the musicians that could have received such an award, it had to be Dylan.

Nunziato explains who out of this year’s 19 nominees to the Rock and Roll Hall of Fame should actually get in. Will Kraftwerk finally make the cut? Joan Baez seems like a no-brainer and nobody would be shocked if Pearl Jam makes it through on their first attempt, but what about bands like Depeche Mode and hip-hop stars such as Tupac Shakur?

Meanwhile, there’s never been more ways to listen to music thanks to streaming services like Spotify and Apple Music. Now Amazon has entered the world of music streaming and hopes that soon every song request begins with the word “Alexa.”

Of course we also cover the week’s top entertainment news including an expansion of the latest Harry Potter franchise, Billy Bush reaches a settlement to depart “Today” and Netflix gives comedian Chris Rock a huge payday.

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Showbiz Sandbox 339: The Slow Death of a Sundance Hit

October 10, 2016

With its racially charged themes striking a timely chord, “The Birth of a Nation” garnered acclaim and a $17.5 million distribution deal at this year’s Sundance Film Festival. However after it became known that its director and star was once accused (though acquitted) of rape, a question was raised over whether art can be separated from its creator. Many will argue that the answer lies in the movie’s poor critical reception and tepid box office.

What was touted as a contender for multiple Oscar nominations this year, “The Birth of a Nation” may ultimately break even in theatres before going on to earn most of its money in ancillary markets. If it were up to Reed Hastings though, the film would have been released on VOD and in cinemas at the same time. The Netflix CEO claims theater owners are strangling the movie industry with their insistence on release windows.

Meanwhile, there are calls by some in Congress for the Justice Department to review the growing number of business acquisitions being made by Wanda, a Chinese conglomerate. Having purchased multiple movie theater chains and at least one Hollywood production company, some legislators believe the U.S. is allowing Chinese state-controlled companies to gain too much soft power

Of course we also cover the week’s top entertainment news including why executives are disappearing from BBC’s Radio 1, how Disney cast a sequel to “Mary Poppins” without a script and what the future may hold for celebrity newscaster Billy Bush.

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Showbiz Sandbox 338: CBS and Viacom May Wind Up Together After All

October 4, 2016

After originally splitting 10 years ago, Viacom and CBS may once again become a single organization. While a merger may help save Viacom, it doesn’t necessarily benefit the cash rich CBS. Even so, since the Redstone family owns the controlling share of both companies, it seems inevitable the two will once again be joined whether they like it or not.

Meanwhile the Federal Communications Commission has paused its attempt to wrestle the control of television set-top boxes away from cable providers, delaying a vote in order to clarify some of the rules included in the proposed legislation. That means consumers in the United States will still spend $20 billion for at least the next two years renting cable boxes.

At the box office, “Miss Peregrine’s Home for Peculiar Children” helped reverse the fortunes of Tim Burton’s latest films and even “Deepwater Horizon” may be not be the disaster some had predicted.

Of course we also cover the week’s top entertainment news including why NBC is dumping its “Mail Order Bride”, Disney plans on making a live-action version of “The Lion King” and a huge chunk of Rolling Stone magazine gets sold off.

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Showbiz Sandbox 337: Streaming Comes to the Rescue of the Music Industry (Sort Of)

September 26, 2016

After more than a decade in decline, the sale of recorded music in the United States is set to grow for the second straight year thanks to increased revenue earned from music streaming services such as Spotify. Even so, the music industry is taking in half of what it earned at its peak late 1990s because streaming revenue hasn’t made up for the falloff in actual sales.

Meanwhile, the Dalian Wanda Group continues its invasion of Hollywood by cutting a deal with Sony Pictures to market movies in China. Wanda can practically guarantee the success of a new release given that it controls the largest movie theater chain in China ensuring a film will be scheduled heavily when it opens.

There is no sure bet at Viacom however as the media giant’s leadership remains in turmoil. It’s interim CEO is stepping down sooner than expected and the vice chairman of Paramount Pictures is also exiting. Then last week the company announced it would take a $115 million loss on a movie that hasn’t even been released yet.

Of course we also cover the week’s top entertainment news including a new law requiring websites like IMDb remove an actor’s age upon request, the BBC gets into a bake off battle and why Netflix is getting more original every day.

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Showbiz Sandbox 334: Music Streaming Wars Heat Up Over Exclusive Releases

September 6, 2016

The competition between Apple Music and Spotify for subscribers has been cutthroat over the past year. Now comes word that Spotify may be retaliating against artists working with Apple. We’ll take a look at how exclusive new releases have raised the stakes in the ongoing battle for streaming music supremacy.

We also explain why it’s time everyone stopped discussing how abysmal North American summer box office was. After all, 2016 box office and attendance is actually up over the previous year, which had record earnings.

And in what might be a case of the pot calling the kettle black, China is questioning whether Universal’s acquisition of DreamWorks Animation breaks its antitrust regulation.

Of course we also cover the week’s top entertainment news including how Jackie Chan will be awarded an honorary Oscar, Frank Ocean makes history by topping the Billboard charts with a self-released album and Baz Lurmann’s “Moulin Rouge” is being turned into a musical.

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Showbiz Sandbox 328: Pokémon Finally Brings Augmented Reality to Life

July 11, 2016

After endless hype everyone is finally getting a chance to experience virtual reality and augmented reality in the best way possible; by playing a game. Pokémon Go was an instant hit when it launched recently for mobile phones. It’s literally and figuratively a game-changer and the first of what’s sure to be many new products making clever use of AR.

Meanwhile, for the first time in years, the Chinese box office is not just slowing down, it’s shrinking. Hollywood movies are dominating the market but that hasn’t stopped the Chinese government from loosening the reins to let in more Hollywood movies just to sell more tickets.

In fact, the deal limiting the number of imported films into China to 34 per year ends in 2017. As Hollywood goes back to the negotiating table with the Chinese government, they will not only be pushing to get more movies into the country, but also a bigger piece of the box office, which is presently limited to 25%, though is often less.

Of course we also cover the week’s top entertainment news including why season seven of “Game of Thrones” is going to be delayed, how music streaming services have surpassed 55 million paid subscribers and the three leads of the Broadway sensation “Hamilton” have taken their final bow.

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Showbiz Sandbox 327: The Academy’s Class of 2016 Gets A Lot More Diverse

July 5, 2016

The Academy Of Motion Picture Arts & Sciences invited a record number of filmmakers, craftsman and executives to join its ranks in 2016, including a record number of women, people of color and international artists. While this helps make its membership more diverse, the Academy itself points out, this amounts to a drop in the bucket.

Meanwhile, the Jay-Z digital music service is generating some of its own headlines, literally. Word leaked out, probably from within the company itself, that the streaming music service was in talks to be acquired by Apple. Even though people are consuming more media than ever, the streaming music business may not be a quick route to profitability.

The Chinese box office, on the other hand, has been growing at an astronomical pace over the past few years; 50% last in 2015 alone. However, those gains might be slowing down, as the growth rate has dropped to 20% so far. Maybe the prediction that China would become the biggest movie market in the world by 2017 were premature.

Of course we also cover the week’s top entertainment news including a lawsuit over special effects technology which is causing problems for ongoing productions, a host of “Top Gear” crashes and burns, though not literally, and longtime newscaster Nancy Grace will depart CNN.

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Showbiz Sandbox 324: Can These 100 People Fix The Academy’s Diversity Problem?

June 6, 2016

After the Academy of Motion Pictures Arts & Sciences failed to recognize the work of minority actors and filmmakers for the second year in a row, the organization promised to double the number of minorities within the next four years. The Los Angeles Times has taken matters into their own hands by suggesting 100 industry professionals that could make the Academy more diverse. Tre’vell Anderson, the staff writer who oversaw the project, joins us to explain how the list was compiled and what the response has been.

Meanwhile, rumors are circulating that Disney has scheduled four weeks of reshoots for the Star Wars spin-off “Rogue One”. There is some speculation that Disney felt the film was too dark, however it could just be the standard reshoots multi-million dollar blockbusters often go through.

Sony made some revisions of their own last week to their senior executive ranks. Specifically the heads of both the motion picture and television groups both announced their departure from the studios. What’s noteworthy about the news is that both had worked at the studio for 25 years.

Of course we also cover the week’s top entertainment news including when the Broadway hit “Hamilton” might lose its leading man, Nintendo revamps Pokemon in China and Amazon expands its content offerings in Japan.

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Showbiz Sandbox 323: Trends From the 2016 TV Upfronts

May 30, 2016

Each May all the U.S. television networks invite major advertisers and the media to New York so they can pitch all of the new and returning shows on their fall schedules. Known as the upfronts, a good chunk of the prime time advertising inventory is sold during these meetings as promotional buzz about each series commences in earnest. We’ll take a closer look at some of the big trends coming out of this year’s upfronts.

Meanwhile, a much beloved series might be starting a trend of its own by increasing viewership in its 12th season. Usually long-running shows lose audience in their latter years, however “Grey’s Anatomy” is the perfect example of how new technology can boost viewership.

Viacom and CBS are likely to have kept a close eye on the recently completed upfronts, given their dominance in television. CBS was originally a Viacom property, but was spun-off more than a decade ago. Now, amidst leadership turmoil at Viacom, there is speculation the two companies may merge, once more becoming a single entity.

Of course we also cover the week’s top entertainment news including why U.S. presidential candidate Bernie Sanders is criticizing Disney, Spotify’s big success in helping subscribers find new music and why the next James Bond film is in search of a director.

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