Showbiz Sandbox 308: Hollywood Thinks It Has Netflix’s Numbers
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.
Podcast: Play in new window | Download
Showbiz Sandbox 296: Entertainment Industry Numbers Are Often A Comedy of Errors
September 28, 2015
It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.
Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.
Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.
Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.
Podcast: Play in new window | Download
Showbiz Sandbox 293: Why Forecasting Box Office Has Become So Difficult
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.
Podcast: Play in new window | Download
Showbiz Sandbox 292: There Is Simply Too Much Television
August 31, 2015
Television network executives have begun publicly acknowledging a predicament their audiences recognized some time ago; there is simply too much television. In the midst of what has been dubbed a “golden age” of television, viewers are becoming reluctant to sign up for yet another new or existing series.
In fact, John Landgraf, the head of FX Networks, recently told the Television Critics Association that the glut of TV content means it has become more difficult to “cut through the clutter and create real buzz” when producing a show. With so much programming available, great shows can often go unnoticed or take longer to find an audience.
Then there are countries in which content is being suppressed. In Russia a politically active Ukrainian filmmaker was recently handed a 20 year prison sentence drawing international criticism that the charges were fabricated. Bangladesh meanwhile has banned a banned a new movie because it shed light on the country’s billion dollar garment industry, which is well known for exploiting its workers.
Of course we also cover the week’s top entertainment news including why Warner Bros. is headed to China, Spongebob Squarepants is headed to Broadway and how Netflix is about to lose more than 1000 movie titles.
Podcast: Play in new window | Download
Showbiz Sandbox 291: Media Companies Come Clean On Cord Cutting
August 24, 2015
After years of denying cord cutting was happening on any level, several large media companies are finally confessing that cord cutting is a growing trend which may soon affect their bottom lines. After decades of steady growth, cable operators are now beginning to see flat or declining subscriber numbers as new content streaming services pop-up.
Clearly, the business models the television industry has relied on in the past are evolving rapidly, more so than movies or theater or even publishing at the moment. Yet some industry insiders believe the cable cord isn’t being cut, but that it’s slowly fraying as the definition of what it means to be a television network has changed.
Some media companies aren’t waiting to study market indicators before making strategic moves. Last week NBCUniversal made a $200-million investment in the online news outlet Buzzfeed, leaving many to wonder how this could possibly benefit the network.
Of course we also cover the week’s top entertainment news including how boy band One Direction wants to take a break, why Spotify wants to breach your privacy and Cirque du Soleil is headed to Broadway.
Podcast: Play in new window | Download
Showbiz Sandbox 290: Disney Plans A Trip To Star Wars Land
August 17, 2015
Last week the Walt Disney Company held its annual fan club convention, the D23 Expo, which gave the company a chance not only to promote some of its highly anticipated movie releases, such as a live-action “Jungle Book”, but also announce some new additions to their popular theme parks.
Disney plans to leverage its acquisition of Lucasfilm by creating an immersive Star Wars Land at both of its theme parks in North America. The company is also working on a “Toy Story” themed land for both parks as well. This is all on top of the “Avatar” attraction Disney is building in its Animal Kingdom park in Florida.
Meanwhile, the dog days of summer are usually a slow time for live theater productions, especially on Broadway. However this year multiple shows are bringing in million dollar grosses each week, including “Hamilton” a new musical that had the courage to premiere during August.
Of course we also cover the week’s top entertainment news including Sesame Street’s move to HBO, the end of Columbia House and how the late talk show legend Johnny Carson is returning to late night.
Podcast: Play in new window | Download
Showbiz Sandbox 289: In Hollywood Fame and Fortune Is Often Relative
August 10, 2015
There is no dispute that in the entertainment business, just like in any other industry, money is the fuel that keeps the engine running. Yet raising it, accounting for it, paying it back and doling out profits is becoming more complex for media companies. Indeed, making a fortune in show business is anything but easy or straight forward.
Take Relativity Media for example. The upstart movie studio and its brash CEO Ryan Kavanaugh were going to change the way Hollywood operated and movies were made. However now they’ve filed for bankruptcy. We’ll provide some background and explain the details of what could wind up being the largest studio bankruptcy ever.
Movie moguls aren’t the only one’s struggling to mind their dollars and cents. Legendary musician David Byrne wants record labels to be more transparent about where all the money is going in the music business. Meanwhile the Authors Guild has a few thoughts of its own when it comes to copyright and revenue from book sales.
Of course we also cover the week’s top entertainment news including Jon Stewart’s last “Daily Show”, staff turmoil at Rolling Stone magazine and changes afoot in film distribution strategies.
Podcast: Play in new window | Download
Showbiz Sandbox 145: Rise of Playlisters Marks The Death of Music Blogs
April 16, 2012
Last week Doug Freeman, a music critic for the Austin Chronicle, wrote an opinion piece in response to a Hypebot interview in which Sean Adams, the founder of Drowned In Sound, suggested music blogs are no longer influential. Freeman joins us to explain that if blogs were simply gateways to new music discovery, then the streaming playlister is the new music blogger. New influencers and kingmakers will emerge in a shifting editorial landscape.
We also take you to the first weekend of this year’s Coachella Music Festival where more than 150 acts strutted their stuff to an more than 100,000 attendees. Headliners such as Radiohead and The Black Keys proved to be big hits, but Dr. Dre and Snoop Dogg stole the show by performing with a picture perfect hologram of the late Tupac Shakur.
“The Hunger Games” continues to feast on the North American box office, but the number one movie in the world this past weekend was “Titanic 3D” thanks to a record breaking opening in China.
We also cover the week’s top entertainment headlines including Mel Gibson’s public fight with a screenwriter, an extended run for “Game of Thrones” and an anti-trust lawsuit against major publishing houses.
Podcast: Play in new window | Download
