Showbiz Sandbox 283: Why Apple Is Cannibalizing Its Own Music Sales

Apple finally announced its long rumored music streaming service last week, which is meant to compete with market leaders Pandora and Spotify. The offering seems in direct conflict with the ongoing business of the largest music retailer in the world, but as Ryan Faughnder of the Los Angeles Times points out, Apple may have had no choice since iTunes digital music sales have significantly decreased.

Now, the music industry is hoping that Apple can ride to their rescue once again, as they did with digital music previously, by attracting the large subscriber base required to make music streaming profitable. Faughnder gives us his thoughts on what the new service means to the business, and tells us how competitors have responded to Apple’s entrance into the market.

There seemed to be no competition for “Jurassic World” during its theatrical debut. The film was released globally and gobbled up opening weekend box office records both in North America and internationally, earning more $500 million in just three days. That gross is more than the combined weekend receipts for every other film currently in theaters worldwide.

Of course, we also cover the week’s top entertainment news stories including Rupert Murdoch steps down as CEO of 21st Century Fox, video games get their own hall of fame and what happened when Dave Grohl of the rock band Foo Fighters broke his leg in the middle of a concert.

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Showbiz Sandbox 279: “Carol”, “Amy” and “Saul” Stand Tall At Cannes

It is impossible to see all the films at this year’s Cannes Film Festival, but halfway through the 68th edition at least three films have scored some positive buzz, all of them about tortured souls. Director Todd Haynes is leading the pack with “Carol” a film about repressed sexuality set in the 1950s, the Hungarian entry “Son of Saul” set in a Nazi concentration camp and “Amy” a powerful and moving documentary about the life of singer “Amy Winehouse”.

From the official screenings to the behind-the-scenes press conferences, we give you all the ins and outs of this year’s Cannes, including the world premiere of Pixar’s “Inside Out” which wowed attendees. Join us for our annual trip to the south of France.

Meanwhile, back in the United States, television networks have been busy selling advertising for next season’s lineup at the upfronts. We’ll tell you which shows got canceled, which new series got picked up and whether the television season has become year round.

Of course, we also cover the week’s top entertainment news stories including the BAFTA TV Awards, David Lynch heads back to “Twin Peaks” again and “American Idol” sings its final note.

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Showbiz Sandbox 276: Agency Wars Have A Long History in Hollywood

Even in the best of times being a Hollywood talent agent has never been an easy job.  The dog eat dog nature of the agency business has never been more apparent than during the last few weeks when 11 agents suddenly defected from Creative Artists Agency, one of the industry’s leading agencies, to become partners at a rival firm, United Talent Agency. Following in the footsteps of their agents were A-list clients such as Will Ferrell, Zach Galifianiakis, Ed Helms, Melissa McCarthy and Chris Pratt.

This isn’t the first time big shot agents have deserted their agencies for greener pastures and taken their clients with them, nor will it be the last. In fact, CAA was founded in 1975 when Michael Ovitz along with Ron Meyer and several other agents, abruptly departed the William Morris Agency to form their own firm. The now legendary Ari Emanuel did the same thing 20 years later to start Endeavor.

Meanwhile, changes are also afoot in how television networks want advertisers to pay for commercial time. Two major conglomerates, Time Warner and Viacom, are moving away from Nielsen ratings and offering to let advertisers pay for the “impact” their ads have through metrics such as increased brand recognition, increased loyalty program registrations and consumer engagement on social media.

Of course, we also cover the week’s top entertainment news stories including Jay-Z makes a streaming media play with Tidal, filmmaker David Lynch backs out of “Twin Peaks” reboot, and NBC selects “The Wiz” as its next live televised musical.

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