Showbiz Sandbox 595: Vinyl Sales and Payola on the Rise in Music Industry
September 28, 2022
With mid-year music revenue figures finally tallied it appears the growth of streaming music has begun to slow as vinyl sales has increase. Also on the rise are reports of payola as indie music artists can’t seem to get played on the radio without paying promoters for the privilege of being put in rotation. These promoters are using a loophole in the law which prevents record labels from paying radio stations in exchange for airplay.
Another loophole allows radio stations in the United States to avoid paying musical performers and creators when their song is actually played. The American Music Fairness Act looks to change that which will have a big impact on terrestrial radio.
Of course we also cover the week’s top entertainment headlines including how James Earl Jones will continue to provide the voice of Darth Vader thanks to artificial intelligence, Spotify gets into Audiobooks and Rihanna heads to the Super Bowl for the halftime show.
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Showbiz Sandbox 562: The Death of Network Television Is Greatly Exaggerated
November 16, 2021
While the entertainment industry and Wall Street may be distracted by the growth of streaming services and their subscriber numbers, senior network television executives are reminding everyone that linear TV is far from dead. In fact, according to the latest viewing metrics, more audiences are tuning into network television programs on a consistent basis than actually watch streaming content.
Meanwhile, while the fall film festival season may be dominated by events in Toronto, Telluride and Venice, there are still a number of festivals taking place that are just as noteworthy, including the AFI Fest and Doc NYC. We’ll discuss some of this year’s official selections at both of these festivals.
Of course we also cover the week’s top entertainment headlines including why a high profile director walked away from the next Star Wars movie, Peter Jackson sells his special effects toolkit and Spotify starts a new chapter in streaming.
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Showbiz Sandbox 519: A Year Without A Blockbuster Comic Book Movie
December 1, 2020
Though 2020 saw DC Films launch a Harley Quinn vehicle and Marvel finally released an X-Men spin-off “The New Mutants,” neither film set the world on fire. As “Wonder Woman 1984” heads to a hybrid streaming and theatrical release, it’s the final gasp of almost an entire year without any big comic book movies.
We ask veteran entertainment journalist Geoff Boucher whether we needed a break from all the cinematic heroics. As someone who has hosted countless CinemaCon panels, Boucher explains whether, after an endless stream of blockbuster Marvel and DC films, a year without a major comic book movie is such a bad thing.
Of course we also cover some of the week’s top entertainment headlines including this year’s Grammy Award nominations, Conan O’Brien is ending his late night talk show and why Quentin Tarantino’s next release may be headed straight to libraries.
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Showbiz Sandbox 505: The Marvel and Mao Effect: A Hollywood Exec Heads to China, Hijinks Ensue
August 11, 2020
In his 17 years as the President of DMG Entertainment Motion Picture Group, Chris Fenton helped bring 20 Hollywood movies to China, facilitating co-productions, financing and distribution on blockbusters such as “Iron Man 3” and “Looper.” In his new book, “Feeding the Dragon,” the former William Morris agent details his time working in the entertainment industry and China. Fenton helps us read the tea leaves about the future for the relationship between the major studios and China.
Meanwhile, the entertainment industry is undergoing some seismic shifts. In a single week the Paramount Consent Decree was killed for good, television packaging is heading into the sunset and theatrical release windows for studio films just collapsed.
Of course we also cover some of the week’s top entertainment headlines including an executive shakeup at NBC, Taylor Swift sets a new chart topping record with her new album and the Eurovision song contest is coming to the United States.
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Showbiz Sandbox 495: Coming Up With A Popular Method To Calculate Streaming Residuals
May 26, 2020
With audiences spending countless hours streaming video during the coronavirus pandemic, and with some movies once bound for cinemas bypassing theaters and going directly to video-on-demand, the issue over residual payments to those that make all the content has once again become a hot button issue. This especially true since global streaming subscription revenue doubled in four years to $37 billion in 2019 and is expected to hit $62 billion by 2024.
Rather than being based on box office, ratings or profits, when it comes to streaming, residuals turned into a low fixed annual payment, no matter how big a hit your series or movie was. Now the Writers Guild of America has proposed a tiered system based on viewership to make sure residual payments reflect the new streaming reality when it comes to the likes of Disney+, HBO Max and Netflix.
Of course we also cover some of the week’s top entertainment headlines including why “Batwoman” lost its star, People magazine heads to television and Joe Rogan’s podcast payday.
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Showbiz Sandbox 469: Hollywood Unions Set For Fight Over Streaming Residual Payments
November 17, 2019
As television networks turn from linear broadcast methods to consumer streaming platforms a brewing battle over residual payments has the potential to spark a dual union strike in the middle of next year. Jonathan Handel, an entertainment attorney and a contributing editor at The Hollywood Reporter, joins us to discuss how the lack of data coming from streaming giants could lead to a standoff between major guilds and producers.
Indeed, in mid-2020 the master contacts between the Alliance of Motion Picture and Television Producers and the Directors Guild of America, The Writers Guild of America and SAG-AFTRA are set to expire. By now negotiations on new contracts would be well underway. Instead talks have stalled as unions try to revise the formulas used by streamers to make residual payments to their members. Given the timing, it’s a perfect storm for a potential massive industry work-stoppage.
Meanwhile, the Broadway musical “Tootsie” is closing long before it recoups its production costs. Michael Riedel of the New York Post has a host of reasons for why this critic’s darling didn’t click, however only one of them makes sense; the show’s music wasn’t all that great.
Of course we also cover the week’s top entertainment headlines including how Amazon has followed Netflix in deciding not to publish box office figures for its films, George Lucas revises the original “Star Wars” once again and Taylor Swift gets into a public spat with her former record label.
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Showbiz Sandbox 447: The Madness of Media Moguls Making Mega-Millions
May 6, 2019
While the exorbitant salaries of the entertainment industry’s top executives are not a new phenomenon, the subject cropped up again recently after a relative of Walt Disney objected to the $65 million paycheck Disney CEO Robert Iger earned last year. That amounts to 1,424 times more than the average salary of a Disney employee. We debate whether Hollywood moguls should be earning hundreds of times more than their employees and why their compensation is so high in the first place.
On Broadway, Tony nominations were announced last week and they pack more drama and excitement than the creatively weak season that just ended. We’ll take a look and predict which shows will benefit the most from awards and the chance to perform live on TV.
Meanwhile, “Avengers: Endgame” continues to dominate the worldwide box office, earning $2 billion in just 11 days, faster than any film in history. That said, we wonder why Hollywood studios neglect to mention that their tentpole movies often begin showing on Thursdays.
Of course we also cover the week’s top entertainment headlines including big changes at CBS News, YouTube scores some Major League Baseball games and why the London production of “Les Miserables” is getting a makeover
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Showbiz Sandbox 418: Fighting For Control of His Company, CBS Head Les Moonves Is Now Fighting to Keep His Job
July 30, 2018
The challenge for CBS of fending off an unwanted merger with its parent company, Viacom, was made all the more difficult last week when the New Yorker published a story in which the broadcaster’s longtime CEO, Les Moonves, was accused of sexual misconduct by six women. The company now has to determine how to handle the allegations not only of Moonves, an influential executive who is credited with CBS’s success, but also the claim that a culture of sexual harassment exists throughout the organization.
Speaking of companies that are having chaotic weeks, MoviePass seems to be on the brink of collapse (i.e. bankruptcy). Apparently they ran out of money, borrowed $5 million to keep the lights on, changed their rules again and decided pretty much no one gets to see “Mission Impossible”.
The turmoil for some entertainment and tech companies extends beyond their own walls all the way to Wall Street where stock prices have become volatile and seem to defy any sense of logic. Shares of companies with solid profits have plumeted, while at the same time the prices for those losing money, like Spotify, have risen.
Of course we also cover the week’s top entertainment news including producer Kenya Barris’ nine-figure deal with Netflix, Jeffrey Katzenberg raises $1 billion for a new entertainment venture and “Hamilton” may soon be headed into movie theaters, but not how you might expect.
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Showbiz Sandbox 411: Everybody Has An Excuse For Lackluster “Solo”
May 28, 2018
On paper Han Solo seemed like the most obvious character for which to pursue a standalone Star Wars spinoff, however the resulting movie, “Solo,” opened to less than stellar numbers. What’s worse, the movie didn’t fly internationally either. Whether it was the film’s highly publicized production troubles or a case of franchise fatigue, everyone involved will be able to point the finger at someone else for the end result.
Meanwhile, just as Disney begins reexamining how many Star Wars films they should release in a single year, they may have to revise their offer for Twentieth Century Fox. Comcast came along last week and beat Disney’s purchase price, upping the ante to $60 billion in what would be an all-cash deal.
Production coordinators aren’t asking for that kind of money, but they are asking to be unionized. Such a move might help those who are employed in what has become an essential position on any film or television crew from having to renegotiate their fees on every new production.
Of course we also cover the week’s top entertainment news including a K-Pop band tops the billboard charts, Harvey Weinstein is charged with sexual assault and James Bond heads to Universal Pictures.
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Showbiz Sandbox 403: Justice Department Makes Its Case Against AT&T-Time Warner Merger
March 12, 2018
As the Department of Justice prepares for its antitrust trial to prevent the merger of AT&T and Time Warner, they are submitted a brief to the court claiming the outcome of the case shape how video-content is delivered in the United States for years to come. They believe the merger will stifle competition, prevent competitors from entering the market and ultimately disadvantage consumers. If the government succeeds in court, could they go after Comcast NBCUniversal next?
Meanwhile, even though the Academy Awards were last week, Academy Award preferential balloting, there is still some debate over the preferential balloting system used to select Best Picture. Does the method lead to a consensus choice rather than the film most people voted for in the first place? Certainly, complaints about Best Picture winners are not new, nor is preferential balloting, which was first used at the Oscars n 1934.
The Fox television network plans on cutting advertising on its primetime lineup down to two minutes per hour by 2020. This comes as NBC and CBS recently announced similar ad-limiting initiatives. Why are TV networks suddenly so keen to dump their lucrative advertising and how will they make up that lost revenue?
Of course we also cover the week’s top entertainment news including how “Hamilton” has conquered the West End in London, e-sports turns into a billion dollar business and Facebook will broadcast Major League Baseball games this season.
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