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.
May 24, 2016
This year’s Cannes Film Festival ended over the weekend with the awarding of the Palm d’Or, the festival’s top prize, to an unlikely, albeit quite solid, movie from director Ken Loach. A critically panned movie from filmmaker Xavier Dolan was given the runner up award, the Grand Prix, leaving many in Cannes baffled over how the jury made its selections. However festival director Thierry Fremaux has always said, Cannes is not set up for critics.
The Broadway season also came to a close last week earning a record $1.3 billion in ticket sales. Musical productions took in most of the revenue over the past year, though it was “The Lion King” and not “Hamilton”, which only opened in August, which ruled the box office.
Over at HBO Michael Lombardo, the longtime head of programming for the premium cable network is stepping down, whereas at Viacom Sumner Redstone has stirred up a hornets nest by ousting his longtime protogé, the company’s chief executive, from the trust that will eventually control the company.
Of course we also cover the week’s top entertainment news including whether the wave of summer blockbusters will prove to be too much competition, rumors of Adele’s massive record deal and Bill Cosby gets his day in criminal court.
November 30, 2015
Taking a cue from cable networks like AMC and USA, Fox recently became the first major network to abandon the practice of touting overnight television ratings numbers. The move simply confirms the growing realization within the industry of a sea change in viewing habits that is having a massive impact on when shows are watched, what shows are produced and how they get promoted.
The publishing industry is undergoing its own set of struggles. New reports on book sales paint a dire picture for the ebook format and mid-size publishers. We’ll go over the numbers and explain what they actually mean.
Speaking of numbers, Adele’s new album “25” broke sales records selling 3.38 million copies in its first week, accounting for 67% of all record sales in Billboard’s Top 200. While you can hear songs from the album on the radio or purchase it via digital download and even on compact disc, Adele is not allowing you to stream it on services such as Spotify or Apple Music
Of course we also cover the week’s top entertainment news including how French television series were big winners at the International Emmy Awards, why only one of this season’s new TV shows have been cancelled and Sony’s decision to stop manufacturing Betamax tapes.
June 2, 2015
BookExpo America and BookCon are two of the most important events in the North American book publishing business. BEA is a trade show where the publishing industry talks to itself. Editors, writers, publicists, librarians and bookstore owners all get together for meetings and professional seminars.
BookCon is where the publishing industry talks directly to the world through a conference aimed at book lovers. There are loads of author talks, book signings and even movie screenings. Our own Michael Giltz attended both shows last week and fills us in on all the emerging industry trends and hot new titles.
Meanwhile, Broadway is gearing up for the Tony Awards next weekend to honor the best and brightest productions from the past year. They have a lot to celebrate too, as the most recent Broadway season set a number of records, grossing a record $1.3 billion and selling 13.1 million tickets in all.
Of course, we also cover the week’s top entertainment news stories including why Iggy Azalea canceled her upcoming tour, why film composers are suing Hollywood studios and China cracks down on reality television.
October 14, 2014
The method by which television ratings are collected and tabulated has long been criticized as imperfect. Now Nielsen, the research firm which provides the ratings, admitted this past week it had been reporting inaccurate audience figures to broadcast networks for the past seven months. Turns out viewership of this year’s season premieres was lower than originally thought. We’ll try and explain what the heck is going on here?
Comedian Adam Sandler is back in the news, though this time it’s for a movie which isn’t being made… even by Netflix. And just as she hits her stride as an action star, actress Scarlett Johansson (temporarily) gives up movies to appear in a television mini-series.
Even the world of live theater is a bit bizarre lately, at least according to composer Stephen Sondheim who is working on a new musical based on two surreal movies by the late Spanish filmmaker Luis Buñuel. If that’s not crazy enough, the biggest box office winner on Broadway this fall has been “The Lion King”, a musical that has been running for 17 years.
Of course, we also cover the week’s top entertainment news stories including Katy Perry books a trip to the Super Bowl, e-book software that spies on you and the fifth season of “The Walking Dead” premieres to record numbers… or so we’ve been told.
September 29, 2014
Whether an illustrator creating legendary comic book characters for Marvel or a 1960’s pop group that hasn’t had a hit in decades, owning the rights to the content one produces has never been more important thanks to emerging digital distribution platforms. Unfortunately, determining who owns the rights for specific content is becoming increasingly more difficult.
For example, last week’s landmark court ruling against satellite radio provider Sirius XM could mean the company has to start paying public performance royalties on pre-1972 sound recordings. The case has huge copyright implications not just for Sirius XM, but also to streaming radio services like Pandora.
Access to content is likely the reason Softbank is making a play to acquire DreamWorks Animation. Should a deal be struck then only time will tell whether there is actually any synergy between the animation studio and the Japanese conglomerate.
Of course, we also cover the week’s top entertainment news stories including the approval of drones for film production, new stars for the upcoming season of “True Detective” and remixing actor Stephen Fry’s new memoir.
March 18, 2014
Countless bands long to play at South by Southwest, the music festival that takes place in Austin, Texas every March. The event has grown into an important showcases for undiscovered, unsigned and fast rising artists. The Family Crest, an indie rock band from San Francisco, is one of the buzzworthy acts that played at this year’s SxSW. Liam McCormick, the group’s songwriter and founding member, joins us to discuss what it’s being officially invited to play at such a prestigious festival.
In an in-depth conversation, McCormick walks us through how The Family Crest has managed to follow through on all the necessary achievements modern bands strive for in search of success; they’ve funded two albums via Kickstarter which feature hundreds of musicians, they’re signed to an indie record label and NPR is touting the group’s music, which of course can be easily found on all the popular streaming services. On top of all that, television series and advertising campaigns have begun licensing their music.
Much like The Family Crest, Disney is doing quite well for itself these days, at least when it comes to Broadway. What’s surprising is that it isn’t one of the company’s hot new productions that’s the highest grossing production on the Great White Way, but rather “The Lion King”, which opened 16 years ago. It’s all thanks to the new trend of dynamic ticket pricing. We’ll explain.
Of course, we also cover the week’s top entertainment news stories including why the NFL is suing M.I.A., Amazon prepares to enter the streaming music business, and “Big Bang Theory” gets renewed for three whole seasons.
January 6, 2014
Almost every sector of the entertainment industry saw record grosses during 2013. North American movie ticket sales reached a record $10.9 billion. Television audiences are tuning in to more shows than ever, especially sporting events. The top 20 concert tours made a whopping $2.43 billion. It all helped contribute to the bottom lines of many entertainment companies causing their stock prices to end the year on a high note.
The only category in which revenue declined was the music. Even sales of digital music declined for the first time since iTunes was launched back in 2003. Album sales were down 8.4% overall and some industry insiders concede this might be due to streaming services such as Pandora and Spotify.
And financial numbers aren’t the only ones increasing in entertainment. So are the sizes of televisions. They’re not only getting bigger, but the consumer electronics industry is pushing Ultra HD with 4K resolution, which is twice that of current HD televisions.
Of course, we also cover the week’s top entertainment news stories including the death of singer Phil Everly, the expansion and increased usage of UltraViolet and the manufactured controversy behind Martin Scorsese’s latest film, “The Wolf of Wall Street”.
October 21, 2013
Instead of promoting new releases through traditional avenues such as radio and television, record labels are beginning to rely on YouTube as the most effective method for reaching younger audiences. As Dawn C. Chmielewski, an entertainment writer for the Los Angeles Times explains, its not just musicians that are getting a boost from this new practice, but also some of the self-made tastemakers who have become YouTube stars.
Television networks are also beginning to love technology, specifically DVRs. Though the industry has long despised the timeshifting devices which allow viewers to skip commercials, executives are once again discovering how they can significantly boost ratings.
Meanwhile, more details are emerging about why the film adaptation of “Fifty Shades of Grey” lost its male lead. Beyond being uncomfortable with his new found stardom, Charlie Hunnam was also pushing for script revisions according to some reports.
Of course, we also cover the week’s top entertainment news stories including why the creators of “South Park” missed the deadline for their latest episode, “The Lion King” becomes Broadway’s first billion dollar production and the hit television series “Glee” announces its final season.
August 13, 2012
James Patterson tops the list of this year’s highest-paid authors according to Forbes. Working with a team of writers Patterson published an astounding 14 best-selling novels in 2011 to earn an estimated $94 million. Joining Patterson were regulars such as Stephen King and John Grisham among others, as well as newcomer George R.R. Martin whose “Game Of Thrones” series has become a best seller.
The Summer Olympics came to a close over the weekend. This must be disappointing to NBC which was just getting used to actually having an audience for a change. In fact, ratings for coverage of this year’s games set viewership records in both North America and Europe.
On previous episodes we’ve mentioned Hollywood’s new-found appreciation of China and it seems to only be growing. Last week filmmaker James Cameron announced the expansion of his 3D production company through a joint venture in China and DreamWorks Animation said they had agreed to work with a group of Chinese investors to develop a $3.1 billion culture and entertainment district in Shanghai.
We also cover the week’s top entertainment headlines including how Google plans to punish copyright thieves, a rumor that dead pop stars will perform on this season’s “X-Factor” and plans to adapt a cult 80’s television show featuring an alien puppet into a hit movie.