Showbiz Sandbox 653: Godzilla and Kong, Once Again, Prove Movie Theaters Aren’t Dead
April 2, 2024
The monstrous global box office opening of “Godzilla x Kong: The New Empire” may have been a surprise to film critics or anyone paying attention to industry tracking in advance of its release, but it surely proves that if you put movies in movie theaters, audiences will show up. Especially if those theaters offer premium auditoriums like IMAX. Even “Oppenheimer” opened well in Japan over this past weekend, becoming filmmaker Christopher Nolan’s biggest debut.
Meanwhile, the Walt Disney Company and the State of Florida have made overtures toward settling their recent legal disputes. As we predicted, despite the battle in the court of public opinion, it will all come to nothing.
Of course we also cover the week’s top entertainment headlines including Paramount Global’s ongoing financial woes, the discovery of some new Marvin Gaye music and how vinyl records are outselling compact discs.
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Showbiz Sandbox 623: Actors Join Writers In Historic Dual-Strike
July 18, 2023
Film and television production ground to a halt last week in Hollywood (and elsewhere) when actors joined the already striking writers on the picket line. This marks the first time in 63 years that the Writers Guild of America and the Screen Actors Guild has been on strike at the same time and it is an existential moment for the entertainment business which could set the tone for labor relations for decades to come. Entertainment attorney and journalist Jonathan Handel drops by to give us all the details.
Meanwhile, the Emmy Award nominations were announced last week, though thanks to the ongoing strike(s) who knows when the ceremony will be held. What we do know based on the nominations is that in a world of peak TV, Emmy voters watched about…four shows last year!
Of course we also cover the week’s top entertainment headlines including why Disney is looking to sell off certain television assets, the BBC finds itself embroiled in another scandal and Taylor Swift becomes only the third artist to ever have four albums in Billboard’s top ten in a single week.
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Showbiz Sandbox 596: The Compact Disc Turns 40 Years Old
October 4, 2022
It’s hard to believe that the compact disc format was first launched forty years ago this week. Billboard has a great oral history about the launch of the CD format and how it initially faced stiff resistance from record labels before kicking off a boom in music sales that lasted until digital MP3s took over 20 years later. We discuss our own
Meanwhile, the Washington Post has a very lengthy, multi-media feature about the search for the best sound in music, and whether that means lossless audio digital files, a newly remastered album on 180-gram vinyl or maybe, or just maybe, an old LP you find for $10 in a record store.
Of course we also cover the week’s top entertainment headlines including how Netflix plans to license comedy specials rather than own them outright, Trevor Noah steps down as host of “The Daily Show” and why September was the worst month at the domestic box office in 26 years.
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Showbiz Sandbox 595: Vinyl Sales and Payola on the Rise in Music Industry
September 28, 2022
With mid-year music revenue figures finally tallied it appears the growth of streaming music has begun to slow as vinyl sales has increase. Also on the rise are reports of payola as indie music artists can’t seem to get played on the radio without paying promoters for the privilege of being put in rotation. These promoters are using a loophole in the law which prevents record labels from paying radio stations in exchange for airplay.
Another loophole allows radio stations in the United States to avoid paying musical performers and creators when their song is actually played. The American Music Fairness Act looks to change that which will have a big impact on terrestrial radio.
Of course we also cover the week’s top entertainment headlines including how James Earl Jones will continue to provide the voice of Darth Vader thanks to artificial intelligence, Spotify gets into Audiobooks and Rihanna heads to the Super Bowl for the halftime show.
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Showbiz Sandbox 510: Studios Play Hide and Seek With Box Office Data
September 15, 2020
Now that new movies are once again playing in reopened cinemas, studios are reluctant to report their pandemic crippled grosses lest their films be deemed publicly as financial flops. At least two studios are delaying box office reports of their latest releases in what many industry insiders fear is a new trend. Is it appropriate for distributors to break with a decades old tradition of reporting weekend grosses in the midst of COVID-19 or do they have the right to keep box office on their titles confidential?
Meanwhile, the Academy of Motion Picture Arts and Sciences announced a new diversity initiative for the Oscars. Now for a film to be eligible for the Best Picture category it has to meet at least two of four diversity requirements. It’s a thoughtful move, even if almost every film made in the last ten years can easily meet the new requirements
Of course we also cover some of the week’s top entertainment headlines including why Disney’s “Mulan” is stirring up unwanted controversy, a major talent agency finally agrees to the Writers Guild code of conduct and sales of vinyl records surpass compact discs for the first time in over 30 years.
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Showbiz Sandbox 461: A Crazy Example of Hollywood’s Gender Pay Gap
September 9, 2019
Pay disparity based on gender is not a new thing in the entertainment industry, especially in the movie business. History is rife with examples where leading men got paid multiples more than their leading ladies. However, gender pay gaps behind the camera aren’t often publicized. That wasn’t the case when Adele Lim, the co-writer of “Crazy Rich Asians” found out how much more her male co-writer was being paid for the sequels, she went public.
The good news according to a new study is that in front of the camera Hollywood is becoming more diverse. Women and people of color are being cast more than ever with 39 out of the top 100 films in 2018 featuring a female lead. Last year also marked a 12-year high for minorities being given speaking roles.
Meanwhile, advertisers and television networks are concerning themselves with a different set of numbers; viewership ratings. For the first time ever, Nielsen is counting all the people who watch TV in bars, airports and hotel lounges. Ratings will surely go up for some big categories such as sports. But will ad rates go up too?
Of course we also cover the week’s top entertainment headlines including why author Walter Mosley quit his “Star Trek: Discovery” writers gig, music sales are up for the year and, despite lots of new competition, Netflix looks poised to maintain its dominance of the streaming market.
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Showbiz Sandbox 373: Is the Academy’s Diversity Fix Misguided?
July 3, 2017
After a controversy that faulted the Academy of Motion Picture Arts and Sciences for being too white, too male and too old, the organization has made great strides to broaden the diversity of its membership over the past two years. During that time the Academy invited over 1,450 new members to join its hallowed ranks, many of whom were women and people of color. Yet there are now grumblings that in the rush to bring in fresh blood the Academy may have lowered its standards for membership.
Major Hollywood studios are less concerned with the Academy’s membership than they are with whether Chinese exhibitors are reporting box office correctly. The MPAA and U.S. trade organizations have forced the Chinese government to let an international firm audit ticket sales for imported films at cinemas throughout the country.
We also review a listener email which goes to great lengths in explaining why satellite radio giant SiriusXM would want to purchase a stake in the online radio streaming service Pandora. The deal is setting up a senior management showdown over the digital music pioneer’s future business model.
Of course, we also cover the week’s top entertainment news including why Adele is canceling the final two shows of her tour at Wembley, how Sony plans on pressing vinyl records again after nearly 30 years and Oscar winning actress Olivia de Havilland lets FX know she doesn’t appreciate being portrayed in “Feud” by filing a lawsuit.
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Showbiz Sandbox 353: Streaming Giants Raise Ante at Sundance Film Festival
January 30, 2017
As if it wasn’t difficult enough for distributors to find a commercial title amidst the hundreds of films premiering at the Sundance Film Festival each January, video streaming companies such as Netflix and Amazon have entered the bidding causing acquisitions prices to rise for the entire market. Anne Thompson, Indiewire’s editor-at-large, has just returned from Sundance where she reports most of the films were good, though maybe not good enough to win any Oscars in 2018.
As for this year’s Oscars, the frontrunners became a little more clear with the Producers Guild and Screen Actors Guild handing out their awards over the weekend. “Hidden Figures” surprised many by taking home the SAG Award for Outstanding Performance by a Cast in a Motion Picture during a politically charged ceremony.
Speaking of industry unions, the Directors Guild of America has signed a new contract with producers that gives its members significant raises in subscription video-on-demand residuals. This is welcome news for directors who missed out on sharing in DVD and Blu-ray revenue over the past decade.
Of course, we also cover the week’s top entertainment news stories including the launch of a brand new vinyl record factory, Jeffrey Katzenberg’s new venture and streaming music company Tidal finds a new investor.
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Showbiz Sandbox 326: How Brexit Will Affect the Entertainment Business
June 27, 2016
Thanks to the passage of a referendum in the United Kingdom dubbed Brexit, Britain will soon be leaving the European Union. Entertainment companies beyond those in the UK suddenly face a lot of uncertainty and confusion over deals they have already made and will be making in the months and years to come. We discuss how the Brexit vote may affect the entertainment industry.
In other troubling news, the long awaited (as in 20 years) sequel to “Independence Day” opened to disappointing box office returns. This has led to industry pundits spouting erroneous lessons Hollywood can take away from its release. Knowledgeable nuggets such as don’t wait too long to make a sequel (or did they forget about “Star Wars”) and don’t make sequels without the original star (though “Jurassic World” proved that theory wrong just last year).
We also take a look at virtual print fees or VPFs. A letter from one of our listeners asked us to clarify how small independent distributors can afford them. So, we review the history of VPFs, how they work around the world and when studios will stop paying them to theater owners.
Of course we also cover the week’s top entertainment news including a court decides that legendary rock band Led Zeppelin didn’t plagiarize its biggest hit, “Mr. Robot” gets more episodes in its second season and “Star Trek” fan films get a green light from Paramount Pictures (sort of).
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Showbiz Sandbox 286: The 2015 Mid-Year Box Office and Music Sales Report
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.
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