May 16, 2016
The Cannes Film Festival has become one of the most important annual cinema events because it programs a diverse array of movies from all over the world. We’ll head to the French Riviera for this year’s festival to tell you which of the hundreds of films are generating buzz and argue over the elements necessary for the successful exportation of European films.
Meanwhile the Marché du Film, or Cannes Film Market, takes place alongside the festival each year. New industry players such as Amazon Studios and other streaming companies have made some bold moves during Cannes, stealing the thunder from veteran power brokers.
Speaking of streaming companies, Amazon is opening its video platform to users, allowing them to upload content and make money off ads, just like they do on YouTube. And YouTube is dreaming of selling its many customers a skinny bundle of TV channels.
Of course we also cover the week’s top entertainment news including the Ukrainian winner of the Eurovision song contest, Sean Penn gets an apology from Tyler Perry and Disney sets a historic box office milestone.
March 21, 2016
Last week Harrison Ford and Steven Spielberg announced they are grabbing a whip and fedora and planning one more adventure for Indiana Jones with its original director and star. They haven’t set a start date for shooting, don’t seem to have a script or even a setting or general idea for the movie yet, at least not one they’re sharing. But naturally they have a release date. The next Indiana Jones will be coming to a theater near you on July 19, 2019.
If it were up to the Screening Room, you’ll be able to watch the latest Indiana Jones installment from the comfort of your own home. Everyone is weighing in on the new company that wants to make blockbuster movies available in your home the same day they hit theaters.
Meanwhile, CBS is turning off their radios. The broadcaster says they are looking to offload their fabled radio group despite it being a stable long-term business. CBS believes radio doesn’t have sexy growth potential so they apparently wants out.
Of course we also cover the week’s top entertainment news including an explanation of television stacking rights, Mariah Carey gets her own reality series and China cracks down on box office fraud.
March 14, 2016
In recent years, Chinese-owned companies have become the film industry’s biggest power players by scooping up production companies and cinema chains. The latest example came when AMC Theatres, owned by China’s richest man Wang Jianlin, announced it will acquire Carmike Cinemas to become the world’s largest motion picture exhibitor.
It’s easy to see why the Chinese are so hot on the cinema business given that their box office surpassed that of North America during the month of February for the second time ever. Yet if you were to ask some financial analysts, Hollywood Hollywood is starting to look like the video game industry before it imploded; bigger budgets, fewer winners and more losers. Is Hollywood about to shrivel up like Pac-Man?
Then there are those like Sean Parker, one of the founders of Napster and Facebook, who are trying to convince Hollywood that it’s time to start making big movies available in consumer’s homes the same day they hit theaters. Is there any business model in which that could actually work?
Of course we also cover the week’s top entertainment news including the authors nominated for this year’s prestigious Man Booker Prize, music sales in France plummet and Kevin Spacey won’t be heading up Relativity Media after all.
January 26, 2016
Anyone who is anyone in the indie film world is presently in Park City, Utah attending this year’s Sundance Film Festival. Of course, it’s impossible to see all the nearly 200 films making their debut at Sundance. As we explain, seeing some of the hottest titles at the festival requires hours of waiting in line for screenings that are often over capacity, thus leaving dozens out in the cold. Literally and figuratively.
Some of the biggest headlines at this year’s Sundance were made by Amazon and Netflix. Though both distributors have previously had a presence at Sundance, this year they went on a buying spree, shelling out big bucks to snap up a number of buzzworthy films. The industry now is watching closely how the distribution of these acquisitions is handled and whether the companies are capable of turning them into financial successes.
Meanwhile, the controversy over the lack of diversity for this year’s Oscar nominations continues to boil over. With talk of boycotts and accusations of racial bias, the Academy of Motion Picture Arts and Sciences announced some drastic steps it plans on taking to rectify the situation. Unfortunately, this only caused the debate to become even more boisterous.
Of course we also cover the week’s top entertainment news including the Grammy Awards will go live, Bette Midler will be going to Broadway and actress Gillian Anderson balks at being paid half of what David Duchovny makes for the “X-Files” reunion.
January 18, 2016
With Netflix now available in 190 countries, the upstart video-on-demand service has grown so big Hollywood studios and television networks are getting seriously worried. Sure, they’ve earned millions by licensing their content to Netflix, but they now find themselves competing with the company for new projects, not to mention the industry’s most sought after talent.
TV networks are especially upset Netflix can claim to be a success without ever revealing their ratings. Some have even gone so far as to commission studies to determine the true viewership of Netflix programming. Meanwhile, Netflix has become concerned about viewers bypassing geographic restrictions by subscribing to their U.S. service from international territories.
When it came to this year’s Academy Awards nominations however, Netflix was overlooked in all of the major categories. So were minorities. For the second year in a row all of the acting nominations and those for best director went to caucasians, giving rise to a repeat of the #OscarsSoWhite social media campaign.
Of course we also cover the week’s top entertainment news including NBC’s plans to produce a live version of the musical “Hairspray”, Al Jazeera America is being shut down and the death of actor Alan Rickman.
January 4, 2016
Few, if any, can rival Paul Dergarabedian when it comes to analyzing the film industry’s global box office. Rentrak’s senior media analyst has been running movie numbers for upwards of 20 years now and is a regularly quoted box office pundit. Dergarabedian joins us to discuss how 2015 turned into a record breaking year at the box office all over the world.
We cover everything from how the winners at last year’s box office left little for the losers to the increasing role social media plays in the fortunes of any given movie, from the importance of international grosses to the record shattering “Star Wars” sequel. One big question is how 2016 could ever top last year’s figures or if that even matters.
We wind up in the music business where lawsuits are always a good indication on the issues affecting the industry. Two big new lawsuits target Spotify and Ticketmaster. We’ll explain what they are all about… and predict if they will actually make it to trial.
Of course we also cover the week’s top entertainment news including why The Beatles agreed to put their music on streaming services, how Taylor Swift’s concert tour topped the charts last year and the sexual assault charge against Bill Cosby.
September 7, 2015
Though this year’s North American summer box office may wind up being the second biggest on record at $4.4 billion, movie studios are finding it far more difficult to predict opening weekend grosses. An article in the Hollywood Reporter details how tracking pre-release box office has become unreliable in an age when social media buzz and movie review aggregation have become so prevalent.
Word-of-mouth can now spread so quickly that movies like “Ted 2” can be doomed 24 hours after release, opening 33% below its estimated $50 million first weekend gross. And it’s not just flops that suffer tracking mishaps, as evidenced by “Jurassic World” bowing to $208 million, 60% more than originally anticipated.
Until now, Apple hasn’t had to worry about movie box office or even television ratings, but all that might change if rumors the company is getting into producing original content are at all true.
Of course we also cover the week’s top entertainment news including why Aretha Franklin wound up in court last week, why DreamWorks is leaving Disney and who the Academy selected to produce next year’s Oscar telecast.
March 23, 2015
Cord-cutting has been a growing fear of the television industry for many years. The terrifying possibility that consumers will give up their expensive cable bundles in lieu of online streaming is quickly becoming a reality as numerous services have sprung up to provide over-the-top options. Unfortunately none of these services offers access to all the major networks forcing viewers to spend just as much, or even more, to see all their favorite programs.
When you start adding up the cost of subscriptions to Netflix, Amazon Prime, Hulu along with newcomers such as Dish Networks Sling TV and HBO Now, cutting the cord may not be the cost savings everyone has been hoping for.
Meanwhile, the music industry has been undergoing its own struggles as existing revenue models have been upended by digital distribution. Last year marked the first time that streaming music earned more than the sale of music on compact discs. This has led to a rallying cry from industry trade groups for artists to be fairly compensated regardless of the platform on which their music is accessed.
Of course, we also cover the week’s top entertainment news stories including how female moviegoers are driving this year’s box office, why John Williams won’t be scoring Steven Spielberg’s next movie and the new math formula determining whether Madonna’s recent release is the top selling album of the week.
March 4, 2014
If you weren’t surprised by any of the winners at this year’s Oscar ceremony, you may have Oscar prognosticators like Anne Thompson to blame. Indiewire’s editor-at-large was at the big show and joins us to discuss the telecast, the show, and all the money and effort poured into the annual awards season. Thompson also fills us in on her new book “The $11 Billion Year: From Sundance to the Oscars, an Inside Look at the Changing Hollywood System“.
The business side of the film industry isn’t the only aspect of movies that is evolving. The sound accompanying new releases is getting a few enhancements thanks to immersive 3D audio. This has created an industry battle over audio formats.
Speaking of disputes, 19 Recordings, the music label responsible for “American Idol”, is once again suing their partner Sony. This time the argument is over the issue of whether digital tracks are sold or licensed to buyers. There is a huge difference in the royalty paid for each.
Of course, we also cover the week’s top entertainment news stories including Tyler Perry leaves Lionsgate, Paramount is bullied into changing the marketing for “Noah” and Dreamworks Animation takes a write-down on “Turbo”.
June 19, 2013
As “Man of Steel” sets the worldwide box office aflame, the latest Superman reboot also serves as yet another example of a Hollywood blockbuster exploiting the imagery of 9/11 for apocalyptic purposes. Kyle Buchanan, the Movies Editor at New York Magazine, would like to see filmmakers stop relying on meaningless urban destruction. He joins us to discuss his recent article calling for an end to the “orgy of gratuitous building-battering” in big budget movies.
Steven Spielberg and George Lucas are two filmmakers quite familiar with blockbuster movies. Now, the directors who helped launch the modern day tentpole release are predicting an “implosion” for Hollywood, along with a handful of other pessimistic prognostications. We’ll tell you what they had to say in a recent panel discussion.
Last week also saw Apple finally get into the music streaming business with the announcement of iTunes Radio. Only time will tell whether Apple will be able to compete with Pandora, Spotify and all of the other existing players in the space, though we’re not overly impressed.
Of course we also cover the week’s top entertainment news including a legal victory for Hollywood interns, Arnold Schwarzenegger returns to “The Terminator” and The Muppets head to Broadway.