Showbiz Sandbox 388: Contemplating A Fox In The Mouse House
November 13, 2017
The Walt Disney Company reported earnings for the past year fell 1% as media networks help drag down profits. With revenue from its sports network ESPN declining, the entertainment conglomerate is now looking to get even bigger through acquisitions that will bolster its streaming media service. Specifically, Disney has been eyeing key assets of 21st Century Fox’s film and television holdings.
As the media landscape shifts, becoming more fractured, so too have the ways in which content such as movies and television shows is monetized. In an age where new entrants make their money selling electronic devices (Apple) or other products (Amazon) it would appear that size matters. Thus the reason investors are bullish on a deal between Disney and Fox.
Once again we can not avoid discussing the sexual harassment allegations that have erupted in Hollywood and started to spread into other industries, even politics. With each passing week another celebrity or power player sees their life fall apart amidst accusations of misconduct. The latest is comedian Louis C.K. who says the claims against him are all true.
Of course we also cover the week’s top entertainment news including Taylor Swift’s latest album shattering sales records, Jennifer Anniston starring in Apple’s first scripted television series and Vanity Fair names a new editor-in-chief.
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Showbiz Sandbox 380: Hollywood Gets Pummeled by Rotten Tomatoes
September 12, 2017
With North American box office declining 15 percent over last year, Hollywood suffered its worst summer box office in 20 years. One main reason, studios believe, is the popularity of the movie review aggregation website Rotten Tomatoes, which brands titles as either “fresh” or “rotten”. The site has become so influential studios now try and game the system by handpicking critics for certain releases.
Disney, on the other hand, isn’t waiting for reviews to be in on its latest Star Wars movies before tweaking them. “Episode IX” is just the latest to lose its director over creative differences with Lucasfilm, which is quickly gaining the reputation as a tough place to be a filmmaker.
Meanwhile, one of North America’s largest brick-and-mortar book retailers reports that sales are off 6% in the latest quarter as consumers shift to buying online. Don’t worry however, the company has a great plan for fixing their sales problem; open more stores.
Of course, we also cover the week’s top entertainment news including how Amazon wants to produce a hit television show, the end of an era at Vanity Fair magazine and the mystery behind who will distribute the next James Bond movie.
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Showbiz Sandbox 354: Why the Entertainment Industry Should Care About Net Neutrality
February 6, 2017
President Donald Trump’s selection of Ajit Pai to chair the Federal Communications Commission has moved quickly to rollback consumer protection regulations long thought to be settled; specifically net neutrality. Rules put in place to ensure an open internet allowing every company to compete on equal footing could get thrown out for ones that favor four telecom giants. That could mean record labels, movie studios, streaming music and video providers wind up paying much more to reach audiences.
In addition, Pai threw out proposed rules that would have allowed cable subscribers to purchase their set top boxes. Consumers in the United States presently pay $200 or more per year to rent such equipment putting $20 billion annually into the pockets of video providers. Will legislative bodies in other countries take similar stances in the wake of such F.C.C. moves?
This all comes as streaming music revenue has helped slow or reverse years of declining income sales for record companies. Nielsen music reports that streaming platforms provided 38% of total audio consumption in 2016, up from 23% in 2014. In fact, these days a glut of streaming music providers are trying just about everything to differentiate themselves in what has become a crowded marketplace.
Of course, we also cover the week’s top entertainment news stories including Disney’s $100 million anti-poaching settlement with animators, Oprah Winfrey joins “60 Minutes” and which media outlets have backed out of the annual White House Correspondents Dinner.
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Showbiz Sandbox 224: How Leno’s Departure Will Affect Late Night and Los Angeles
February 10, 2014
When Jay Leno signed off as host of “The Tonight Show” last week he left late night television and the city of Los Angeles in different states than when he first began the job 22-years earlier. Scott Collins, TV reporter for the Los Angeles Times, discusses the legacy Leno leaves behind in a late night landscape that now includes two dozen shows, along with what “The Tonight Show’s” move to New York City means for L.A. production jobs.
If you weren’t one of the more than 14 million viewers tuning in to Leno’s last late night stints, then maybe you’re watching the Winter Olympics. Networks such as NBC in the United States are making it easier to stream the Olympic Games online… sort of. The catch is that you must already be a subscriber to cable or satellite television services.
Meanwhile the Berlin Film Festival is currently taking place in Germany though the person making most of the headlines at the event is an actor who claims to no longer be famous. Can you guess who it is? (Hint: It’s Shia Labeouf).
Of course, we also cover the week’s top entertainment news stories including singer Clay Aiken’s run for seat in Congress, Fox puts an end to the “X Factor” and the Red Hot Chili Peppers get called out for miming their Super Bowl halftime performance.
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Showbiz Sandbox 162: Did The Justice Department Destroy The Literary Ecosystem With E-Book Settlement?
September 10, 2012
Despite strong opposition from authors, publishers, retailers and the public, the U.S. Department of Justice settled their anti-trust case with three major publishers over e-book price fixing. Even an explanatory comic strip from a well regarded copyright attorney couldn’t prevent a ruling that some industry analysts say will enable Amazon to dominate the market. However, not all involved parties have settled, with Apple, Macmillan and Penguin awaiting trial on the charges.
The headlines weren’t any better for the movie business, where theatrical attendance over the past weekend was the worst on record in more than 10 years. It probably doesn’t help that Fox announced they would make movies available for digital download shortly after they hit theaters.
On the other hand, magazine publishers have a lot to cheer about for a change, especially when it comes to the skyrocketing sales of overseas titles.
Of course we cover all the week’s top entertainment news including the return of ratings powerhouse “Sunday Night Football”, Daniel Craig’s future as James Bond and why the Oscars telecast will be singing a new tune next year.
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Showbiz Sandbox 126: Foot In Mouth Disease Sweeps Through Hollywood
November 14, 2011
Getting publicity in Hollywood can be a very difficult task. If you are an A-list director like Brett Ratner or a hot actor like Ashton Kutcher however, all you need to do is make a bigoted statement or fire off an ignorant Twitter post and you’ll get more ink than you ever wanted. Ratner’s homophobic slur forced him to resign as producer of next year’s Oscars, while Kutcher’s uninformed opinion on current events caused him to rethink his social media participation. Has the entertainment industry become overly sensitive or do its inhabitants just have no class? We try to figure out what all the fuss is about.
The other big news of the week was the sale of record label EMI to Universal Music Group and Sony. EMI’s owner, Citibank, decided to split the record label from its publishing arm in an effort to get the deal passed antitrust regulators. As the music industry contracts from four major record companies to three, what will it mean for indie artists and their fans?
Broadway may also be undergoing some changes soon. Long running musicals such as “Mamma Mia!”, “Chicago” and “Mary Poppins” seem to be fading fast and may need to make way for new productions such as a revival of “Porgy & Bess”, “Evita” featuring Ricky Martin and a stage version of “Bonnie & Clyde”.
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