August 22, 2016
We keep hearing that cord-cutting is going to destroy the U.S. cable industry. But SNL Kagan analyst Ian Olgeirson says the economic outlook for the business over the next decade is actually quite solid. Olgeirson joins us to explain how cable companies are turning cord-cutters into more profitable cord-swappers and what that means for their long-term health.
Meanwhile, for the 2016 Summer Olympics in Rio you didn’t need to have a cable subscription since so much of the action was streamed live online. In fact, while television viewership may not have reached the levels some networks around the world had hoped, a record number of hours were streamed over the Internet from this year’s games.
We also launch a new segment that tells you the one new book worth reading out of the thousands that are published each week, as listed on BookFilter, a book lover’s best friend.
Of course we also cover the week’s top entertainment news including the dispute over Tom Cruise’s salary for “Mission: Impossible 6”, the power struggle at Viacom nears a resolution and Barbara Streisand tells Apple’s Siri how to pronounce her name properly.
April 4, 2016
In yet another sign that the difference between broadcast and cable networks is eroding, NBCUniversal announced that it would include all of its cable outlets in their traditional upfront presentation to advertisers for NBC. By combining shows from networks such as Bravo, Telemundo and Oxygen with the big primetime hits on NBC, the Comcast owned media giant is signaling that the best way for advertisers to reach viewers is through aggregating audiences.
Time Warner Cable, on the other hand, is struggling to distribute its own content through different cable providers. Specifically, none of the other pay-TV companies is willing to force their customers to pay for SportsNet LA, the regional sports network owned by the Los Angeles Dodgers. Could this be an indication that cable operators finally understand that technology will force them to unbundle their basic cable offering?
Meanwhile, short, cheap and entertaining books – once called dime store novels or pulp fiction – are making a comeback. As are serialized novels, short stories and lots of things that don’t fit into the 250 pages or more standard of most books today. Technology and the need to hold the attention of readers are the reasons it’s happening.
Of course we also cover the week’s top entertainment news including the controversial film pulled from the Tribeca Film Festival lineup, the death of comedian Gary Shandling and the porn industry gets into virtual reality.
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 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.
June 9, 2014
This year’s Tony Awards spread the love around with many of the Broadway season’s most lauded shows taking home trophies. “A Raisin in the Sun” won several awards including best revival of a play. Actor Bryan Cranston earned a Tony for his portrayal of President Lyndon Johnson “All The Way”, which also won best play. The critical darling “A Gentleman’s Guide to Love & Murder” walked off with one of the night’s biggest awards, best musical.
Meanwhile Audra McDonald made history by winning her sixth Tony for acting, the most ever won by a performer. There were very few surprises during this year’s ceremony, accept for maybe host Hugh Jackman starting the telecast off by hopping (literally) through a dance routine that lasted four minutes. And even though Neil Patrick Harris didn’t host this year’s ceremony as he has for the past three years, he still managed to make his presence felt by performing a number from “Hedwig and the Angry Inch” and winning the Tony for best actor in a leading role in a musical.
In the world of movies it appears the day-and-date release of movies both in theatres and online is quickly becoming the new normal, if the practice hasn’t done so already. Now, a new research report out of Europe suggests that overlapping release windows is not eroding cinema attendance.
Of course, we also cover the week’s top entertainment news stories including the latest movie from the Wachowski siblings gets pushed into next year, “Game of Thrones” becomes the the most watched show in HBO’s history and despite critical praise the latest Tom Cruise blockbuster is struggling at the box office.
November 11, 2013
There is no disputing the financial success of “Thor: The Dark World”, a sequel in the franchise based on the Marvel Comics superhero. What’s less clear is what the film’s box office grosses say about the adoption of 3D. During opening weekend 700 2D screens in North America accounted for 60% of tickets sales, as opposed to the 40% earned by 3,100 3D screens. Is this yet another sign audiences have given up on 3D movies?
Netflix doesn’t care how you see a superhero movie, so long as you’re watching it through their service. Last week the on-demand video powerhouse cut a deal with Disney to produce four new original series based on Marvel superheroes, all of which will lead up to a crossover miniseries.
As if competing with Netflix wasn’t bad enough, television broadcasters are still figuring out how to deal with DVRs and the growing number of audiences who time shift their content. One major broadcast network is pushing for advertisers to pay for increased viewership on DVRs for up to seven days after a show originally airs.
Of course, we also cover the week’s top entertainment news stories including the death of Blockbuster Video, the official release date for “Star Wars: Episode VII” and Richard Branson brings reality television into space.
April 29, 2013
At this year’s CinemaCon movie studios showed up in full force to pitch the world’s largest gathering of cinema operators on a bounty of upcoming blockbusters. Behind the scenes however, some of the larger theater chains were haggling with studios over how to divide ticket sales for tentpole releases such as “Iron Man 3”.
Meanwhile, for the second year in a row, the promoters of the Coachella Music Festival tried to replicate the event over two weekends. They held the same festival, with the same musical acts, on back-to-back weekends. While at times it couldn’t help but seem like a greedy attempt to extract more money from attendees, there were moments of sheer magic that only happen at Coachella.
Then there is Netflix, which after being ridiculed publicly for a series of ill-advised strategic moves in 2011, has managed to turn its ship around. After successfully producing its own hit-content with “House of Cards”, subscribers have returned, profits are increasing and the stock price is on the rise. Netflix CEO is feeling so good he wrote a manifesto on the future of televsion.
Of course we also cover the week’s top entertainment news including Zach Braff’s successful Kickstarter campaign, how Bittorent is helping market a movie and whether “Django Unchained” will ever be released in China.
December 31, 2012
When the Academy of Motion Picture Arts and Sciences announced it would allow electronic voting for this year’s Oscar nominations many industry insiders felt it was long overdue. However with a median age of 62, the Academy’s membership may not be ready to cast ballots online. Heck, some members don’t even have computers.
Now reports have emerged that the Academy’s electronic voting procedure has hit a few speed bumps. Members have had password problems and those that were able to log into the voting system found it difficult and complicated. Some fear that voting for the Oscars will reach an all-time low. Yet there may be a very simple way to overcome some of the security concerns the Academy and its members have in casting online ballots.
The National Film Registry cast a vote of their own last week, adding 25 films to its archives in the Library of Congress, declaring them culturally, historically or aesthetically significant. Unfortunately this doesn’t necessarily mean these films will actually be preserved.
Of course, we cover the week’s top entertainment headlines, including a lucrative holiday box office, big changes for “The Walking Dead” and a historical court ruling for screenwriters.
July 10, 2012
Fearing that it would restrict freedom of speech, basic civil rights and an open Internet, the European Parliament voted down the Anti-Counterfeiting Trade Agreement (ACTA) last week. The move effectively kills the international anti-piracy legislation that the Motion Picture Association of America (MPAA) and the Recording Industry Association of America (RIAA) have lobbied so hard for. We explain what ACTA’s defeat means for Hollywood and what anti-piracy measures you may be hearing about next.
It’s hard to believe piracy is affecting the entertainment industry. Music sales, which have been in a slow decline over the past decade, are actually up this year thanks to digital sales. Movie box office is also up with studios such as Disney having already earned $1 billion in North America alone.
Billion was also a number subscription movie service Netflix has been using a lot lately. Their customers watched more than a billion hours of content in June. That’s not only a new record for the company, but it would make them more popular than any U.S. cable network.
We also cover the week’s top entertainment headlines including Hollywood’s highest-paid actor, Charlie Sheen’s slipping ratings and why we won’t be seeing “Raging Bull 2” anytime soon.
September 6, 2010
It seems a new electronic reading device is released every week. It’s no wonder the sale of e-books has begun to outpace traditional print copies. Ryan Chapman, the online marketing manager for publisher Farrar, Straus and Giroux, talks about how the industry is dealing with the new technology and in certain instances, using it to their advantage.
In the television world, everyone seems shocked that the latest cast of “Dancing With The Stars” included the likes of Bristol Palin, the daughter of former vice presidential candidate Sarah Palin. They must be putting quotation marks around the word “star” in her case. Maybe her participation will cause politicos to rent a few episodes on their new Apple TV.