Showbiz Sandbox 349: How the 2016 Box Office Defied the Odds

January 3, 2017

Apparently political pollsters aren’t the only forecasters whose predictions can be wrong. With fewer high profile blockbusters than 2015, some in Hollywood believed that the 2016 North American box office could surpass the previous year. However, a number of unexpected hits like “The Jungle Book” and “Deadpool” helped box office climb to a record high of $11.4 billion.

Meanwhile in China, the rapid box office growth that saw a 50% rise in 2015 slowed dramatically. In fact, the country’s box office actually fell in the last half of 2016, causing a modest 3% gain, year-over-year. We’ll explain what caused the Chinese box office to cool off so quickly and why there may be some good news buried in the financials.

Our resident theatre expert Michael Giltz will brief us on all the new productions opening on Broadway this spring. He’ll tell us which shows he would invest in (if he had the money) and which might be headed to a town near you when they go out on tour.

Of course we also cover the week’s top entertainment news including this year’s Rock and Roll Hall of Fame inductees, a banner year for cable news networks and how record labels are finally seeing some profits from streaming music revenue.

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Showbiz Sandbox 347: Who Should Perform What at the 59th Grammy Awards

December 13, 2016

When the nominations for the 59th Grammy Awards were announced last week Beyoncé continued her annus mirabilis by picking up no fewer than nine nods including one for album of the year. She’s in the mix with the likes of Adele, Drake, Justin Bieber and Sturgill Simpson. With musical acts that include Rihanna, Kanye West and Radiohead also up for awards, producers have a wealth of talent to choose from when selecting performers for next year’s ceremony.

The Golden Globe nominations were also announced recently and this year the Hollywood Foreign Press Association actually managed to categorize their film entries properly, unlike last year when the space drama “The Martian” won the prize for best comedy.

Meanwhile, the 2016 Black List survey was published on Monday, highlighting some of the best unproduced screenplays from the past year. Nine of the last 18 Best Screenplay Oscars were featured on the annual list, including “Spotlight”, “Juno” and “Slumdog Millionaire”.

Of course we also cover the week’s top entertainment news including the winners of the European Film Awards, why the CBS-Viacom merger collapsed and actress Emmy Rossum demands to be paid as much as her mail co-stars.

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Showbiz Sandbox 338: CBS and Viacom May Wind Up Together After All

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.

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Showbiz Sandbox 337: Streaming Comes to the Rescue of the Music Industry (Sort Of)

September 26, 2016

After more than a decade in decline, the sale of recorded music in the United States is set to grow for the second straight year thanks to increased revenue earned from music streaming services such as Spotify. Even so, the music industry is taking in half of what it earned at its peak late 1990s because streaming revenue hasn’t made up for the falloff in actual sales.

Meanwhile, the Dalian Wanda Group continues its invasion of Hollywood by cutting a deal with Sony Pictures to market movies in China. Wanda can practically guarantee the success of a new release given that it controls the largest movie theater chain in China ensuring a film will be scheduled heavily when it opens.

There is no sure bet at Viacom however as the media giant’s leadership remains in turmoil. It’s interim CEO is stepping down sooner than expected and the vice chairman of Paramount Pictures is also exiting. Then last week the company announced it would take a $115 million loss on a movie that hasn’t even been released yet.

Of course we also cover the week’s top entertainment news including a new law requiring websites like IMDb remove an actor’s age upon request, the BBC gets into a bake off battle and why Netflix is getting more original every day.

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Showbiz Sandbox 332: How Cable Companies Will Profit From Cord-Cutting After All

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.

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Showbiz Sandbox 330: Rio Olympics Faces Competition for TV Viewers

August 8, 2016

The 2016 Summer Olympics are underway in Rio de Janeiro, Brazil and there are more ways to watch the games than ever before. In the United States, NBC is broadcasting 6,800 hours of coverage from Rio across 11 television channels and 41 live online streams. We look at the declining TV ratings and whether all the action is happening in primetime or online. And does that even matter?

What didn’t seem to matter at all were the dozens of negative reviews movie critics skewered threw at the latest DC Comics adaptation, “Suicide Squad”. After being universally panned, the film went on to break global and North American box office records when it opened over the weekend.

The Television Critics Association summer press tour has proven to be a hotbed of video streaming news. For instance, Time Warner bought a 10% stake in Hulu and NBC let slip they will be announcing their own streaming plans soon. Meanwhile, rumors are circulating that Apple wants to build a TV guide to let everyone know how and where there favorite shows can be found.

Of course we also cover the week’s top entertainment news including Oprah’s latest book club pick, the albums nominated for this year’s Mercury Prize and George R. R. Martin books another TV series.

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Showbiz Sandbox 329: Television Gets Turned Off By Apple

August 1, 2016

Rumors about how Apple plans to conquer television have circulated for years. Initially it was thought the company intended to manufacture a television set. This led to speculation that it was putting together an over-the-top alternative to cable. Now reports have emerged that numerous deals between Apple and the TV industry have collapsed over the company’s aggressive negotiating tactics. Did Apple blow it by trying to tackle too much at once, or did television networks simply feel threatened?

We’ll also spend some time catching up on international movie box office. As much as Hollywood has discovered the benefits of doing business around the globe, so to have its movie stars and filmmakers. In addition, we discuss the flurry of mergers and acquisitions activity taking place among some of the world’s leading cinema chains.

In the publishing world it turns out that 2015 was a pretty good year with over $28 billion in sales just in North America. As well, it appears the release windows between formats like hardcover, paperback and e-books are collapsing or becoming non-existent.

Of course we also cover the week’s top entertainment news including the official end of the VCR, Netflix nabs the new “Star Trek” series and why the final installment of the “Divergent” franchise is headed straight to television.

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Showbiz Sandbox 323: Trends From the 2016 TV Upfronts

May 30, 2016

Each May all the U.S. television networks invite major advertisers and the media to New York so they can pitch all of the new and returning shows on their fall schedules. Known as the upfronts, a good chunk of the prime time advertising inventory is sold during these meetings as promotional buzz about each series commences in earnest. We’ll take a closer look at some of the big trends coming out of this year’s upfronts.

Meanwhile, a much beloved series might be starting a trend of its own by increasing viewership in its 12th season. Usually long-running shows lose audience in their latter years, however “Grey’s Anatomy” is the perfect example of how new technology can boost viewership.

Viacom and CBS are likely to have kept a close eye on the recently completed upfronts, given their dominance in television. CBS was originally a Viacom property, but was spun-off more than a decade ago. Now, amidst leadership turmoil at Viacom, there is speculation the two companies may merge, once more becoming a single entity.

Of course we also cover the week’s top entertainment news including why U.S. presidential candidate Bernie Sanders is criticizing Disney, Spotify’s big success in helping subscribers find new music and why the next James Bond film is in search of a director.

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Showbiz Sandbox 314: As Expected, The Oscars Shine A Spotlight On Diversity

February 29, 2016

In a year when the Academy Awards were faulted for a lack of diversity among its nominees, ceremony host Chris Rock addressed the #OscarsSoWhite controversy head on in his opening monologue by mixing pointed criticism with biting humor. Anne Thompson, Indiewire’s editor at large, brings us along as she attends the 88th annual Oscars and explains just how difficult it was to predict this year’s winners.

Mind you, award season never really ends. France handed out their own awards for last year’s top movies and we’ll tell you who won all the big prizes at the Cesars. We even look at the nominations for the Olivier Awards, the London theater equivalent to the Tonys. Literally hours after winning his first Oscar, Mark Rylance was nominated again, this time for his performance in “Farinelli and the King”.

Meanwhile, Barnes & Noble is planning to imitate its online rival Amazon by, oddly enough, opening new brick and mortar stores. And a reissue of the Alex Haley bestseller Roots brings up everything from copyright to the question of when a book goes out of print to ebook pricing.

Of course we also cover the week’s top entertainment news including how Netflix and other streaming services have decimated video sales, PBS will launch its own cable network and Adele tops the Brit Awards.

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Showbiz Sandbox 312: Scripting Those Perfect Grammy Moments

February 16, 2016

With nominees representing a wide range of genres including pop, country, hip-hop, R&B and rock, this year’s Grammy Awards had a little something for everyone. David Wild, one of the writers responsible for this year’s Grammy telecast and a contributing editor at Rolling Stone, takes a few minutes from his busy schedule to discuss Rihanna’s no-show, Kendrick Lamar’s electric performance and more.

It would seem that anyone who wasn’t watching the Grammys was at the movie theater watching “Deadpool”. The R-rated superhero movie that transformed from a comeback vehicle for Ryan Reynolds to a box office hit to a phenomenon, all in the space of five days.

Meanwhile China was also breaking box office records thanks to the Golden Week holiday associated with Chinese New Years. Plus, the Oscars are getting closer and we’ll report on the latest buzz generated by the BAFTAs and the WGA Awards.

Of course we also cover the week’s top entertainment news including an autobiography from rocker Bruce Springsteen, Disney is sending “Frozen” to Broadway and why media stocks have suddenly taken a nosedive.

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