September 14, 2015
China continues on its torrid pace toward become the number one movie market in the world having already surpassed its record $4.7 billion box office from last year. However, some Chinese distributors, and even some moviegoers, are claiming cinema owners are manipulating reported grosses on behalf of the government.
Recently a propaganda film titled “The Hundred Regiments Offensive” managed to sell more tickets than was possible based on its number of showings and theater count. Industry executives now say releases such as “Terminator:Genisys” are being unfairly robbed of their true earnings. Yet the market is so big, when “Mission Impossible: Rogue Nation” debuted last week it gave Tom Cruise the biggest box office opening of his career.
Meanwhile, parts of the world are entering autumn, a time when leaves fall from the trees and Broadway shows fall from the marquees to make way for new shows. We’ll tell you which shows have announced closings, which ones will follow soon and take a brief look at some new productions opening soon.
Of course we also cover the week’s top entertainment news including the return of Stephen Colbert to late night television, the new owner of National Geographic and how the late Billie Holiday and Whitney Houston will perform once again… as holograms.
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.
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.
July 13, 2015
Pop-culture fans from around the world made their annual pilgrimage to San Diego over the weekend for this year’s Comic-Con. More than 130,000 attendees turned up to a show where the largest auditorium has a capacity of 6,000. Alex Billington, editor of FirstShowing, explains how some fans had to wait in line for days (literally) to get into popular panel discussions such as the one for “Star Wars: Episode VII”.
Billington waited out the neverending lines so he could fill us in on all the events, panels, trailers and collectibles designed to build hype for upcoming films and television shows like “Hateful Eight”, “Batman v Superman: Dawn of Justice” and “Deadpool”. In fact, so many movie studios and television networks showed up at Comic-Con, and with so much content, one has to wonder if their marketing messages weren’t ultimately lost in all the noise.
Meanwhile, the Minions spinoff from the “Despicable Me” franchise opened to record box office in North America giving Universal Pictures yet another big hit this year. Surely the studio will want the animated film to stick around cinemas for as long as possible, whereas Paramount Pictures has teamed up with two theater chains in an experiment to shorten the release window on certain films.
Of course we also cover the week’s top entertainment news including a request from publishing groups for an antitrust investigation targeting Amazon, “South Park” continues to redefine television thanks to a new deal with Hulu and the Rolling Stones continue their reign as the concert industry’s top earner.
July 6, 2015
With the year now half over we join the rest of the entertainment industry in reviewing how 2015 is shaping up at the box office and for music sales. As predicted, the worldwide box office is on track to set another annual record thanks in part to three blockbuster releases that have each earned more than a billion dollars.
China continues to be an ever more important movie market as the country’s box office surged more than 50% during the first six months of the year with imported titles leading the way. Meanwhile, Hollywood movies have fared better in India than in past years with two passing the billion rupee level, a well-established benchmark of box office success.
The picture isn’t as rosy when it comes to music revenue. North American album sales are down 4% and digital downloads have fallen more than 10%. The declines may be caused by on-demand music streaming which has increased 74% so far this year. Whatever the reason, Taylor Swift isn’t sweating it since her most recent album has sold more than 2 million copies this year alone.
Of course, we also cover the week’s top entertainment news stories including the Grateful Dead perform one final concert, massive layoffs at the BBC and HBO Now is a huge hit in the iTunes app store.