Showbiz Sandbox 426: China Gets A Tighter Grip On Its Entertainment Industry
October 8, 2018
When movie star Fan Bingbing went missing in June there was little doubt that the Chinese government had her in custody for tax evasion. Confirmation came this week when the actress resurfaced, apologizing to the country and begging for “everyone’s forgiveness!”. Chinese authorities have announced Fan will pay at least $70 million in back taxes or face criminal prosecution.
The episode has shined a spotlight on the use of what are known in China as “yin-yang contracts,” wherein two different contracts for different amounts are used; one with the full value of the contract and one with a lower value used with tax agencies. Now that the government seems to have taken notice, the Chinese film and television industry has come to a standstill as everyone restructures their deals to comply with the country’s tax laws.
Speaking of China, Hollywood’s share of the country’s box office for the year is off by roughly $500 million and we wonder why. Back in North America, September grosses nearly set an all time record and October is off to a great start.
Of course we also cover the week’s top entertainment headlines including how Apple is stumbling its way into original TV programming, the RIAA diversifies and Bill Cosby heads to jail.
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Showbiz Sandbox 87: The Oscars Have A Mommy Complex
January 10, 2011
It seems as if this year’s supporting actress awards are being overrun by a handful of horrible mothers. “The Fighter” and “Animal Kingdom” feature just the kind of evil matriarchs Oscar voters have reward in the past. Stephen Farber of the Daily Beast and Hollywood Reporter discusses the evolution of flawed movie mommies from “Mildred Pierce” to “Precious”.
Ben Fritz of the Los Angeles Times tells us that Hollywood studios are hoping to make selling films online a bit easier and explains how Academy members may soon be able to download awards screeners from iTunes .
Last week during the Consumer Electronics Show in Las Vegas it seemed as if television manufacturers were on the defensive over the lackluster sales of 3D televisions. The music industry isn’t fairing much better as Nielsen reported album sales Fell 12.8% in 2010 and digital downloads were flat.
Of course we also review the week’s top entertainment headlines including a new film version of Gypsy starring Barbara Streisand, the return of “Jersey Shore”, Quentin Tarantino’s flawed top 20 list and Broadway’s record setting box office.
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