Showbiz Sandbox 294: As Box Office Grows In China, So Do Claims of Fraud

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.

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Showbiz Sandbox 277: CinemaCon Predicts A Bright Future For Moviegoing

April 27, 2015

When theater owners and film distributors from around the world convened last week for CinemaCon in Las Vegas they were presented with a slate of upcoming blockbusters and cutting edge innovations which forecast an optimistic future for the industry. After ending last year with the most depressed box office returns in recent memory, 2015 is shaping up to break all records with at least four films potentially grossing more than a billion dollars.

Adding to the optimistic outlook are emerging technologies that enhance the experience of going to the cinema. Upgrades such as immersive sound, laser projection and high dynamic range may help lure certain demographics back to theaters. Teenagers and young adults, for instance, have seen declining attendance since 2007 as the number of on-demand entertainment options began expanding.

Meanwhile, cable giant Comcast called off its $45 billion acquisition of Time Warner Cable after government agencies informed the company they would actively work to block the merger. Regulators believed the deal, which many feared but felt would ultimately be approved, might allow Comcast to dominate not just cable television, but more importantly high speed Internet access.

Of course, we also cover the week’s top entertainment news stories including the end of “Sabado Gigante”, how WikiLeaks got involved in the Sony cyberattack and Netflix just keeps growing.

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