Showbiz Sandbox 654: CinemaCon Promotes A Bright Future for Movie Theatres
April 16, 2024
CinemaCon, the annual gathering of cinema operators in Las Vegas, was filled with anxiety this year thanks to a lack of wide releases due to the recent labor strikes. However, most Hollywood studios showed up with a few movie stars to hawk an increasing number of big titles due later in the year and into 2025. As well, technology companies introduced some exciting new advances in projection and image quality. In all, the conference pointed toward better days ahead for movie theaters.
In even better news, it looks as if the many behind-the-scenes craft people who work on films and television shows may not go on strike like the writers and actors did last year. The International Alliance of Theatrical Stage Employees (IATSE) appears to be having very positive negotiations with Alliance of Motion Picture Television Producers on a new contract.
Of course we also cover the week’s top entertainment headlines including how Disney won its shareholder battle, the winners of this year’s Writers Guild Awards and CBS whips up a new streaming news service.
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Showbiz Sandbox 646: A Slimmed Down Sundance Still Shines
January 30, 2024
This year’s Sundance Film Festival reflected the current state of the contracting industry itself, offering fewer films at fewer venues for fewer in-person attendees. Yet, as festivals like Sundance work toward rekindling post-pandemic financial support, this year’s official selections were just as noteworthy as those that have appeared throughout its 40 year history. We’ll give you a rundown of the titles too look out for over the next year and fill you in on all the Sundance winners.
Speaking of winners, this year’s Oscar nominations were announced and they included a few titles from last year’s Sundance and Cannes film festivals. The only thing missing for most were nominations for “Barbie” director Greta Gerwig and its star Margot Robbie.
Of course we also cover the week’s top entertainment headlines including Jon Stewart’s return to “The Daily Show,” the influential music website Pitchfork suffers layoffs and Netflix continues dominate the streaming landscape with a stellar quarterly earnings report.
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Showbiz Sandbox 613: Author James Patterson Questions New York Times Best Seller List
April 4, 2023
James Patterson has been a perennial presence on the New York Times best seller list after his most recent book failed to make the list, he accused the newspaper of “cooking the books” in the way it compiles its lists. According to BookScan, which uses actual sales figures, Patterson’s latest book should have made the list, but the Times uses a proprietary formula and method for determining its list and now he’s publicly calling them out.
Meanwhile, we signed up for the new version of MoviePass just to find out what it offered. It turns out it is very hard to pull off a moviegoing subscription service when you don’t have deals with movie theaters.
Of course we also cover the week’s top entertainment headlines including how Cineworld, the owner of Regal Cinemas, plans to restructure and exit bankruptcy, why the cast of the television series “Blue Bloods” took a pay cut, and the stage adaptation of Hayao Miyazaki’s “My Neighbor Totoro” wins six Olivier Awards.
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Showbiz Sandbox 526: Hollywood Reshuffles 2021 Blockbusters
January 26, 2021
The coronavirus pandemic continues to wreak havoc throughout the film industry. With most movie theatres around the world currently closed due to COVID, Hollywood studios have delayed almost all of their major releases into the latter half of this year. There is even talk that the Cannes Film Festival will move from May to sometime in July.
Unlike cinemas, streaming media companies are currently thriving, with Netflix surpassing 200 million subscribers worldwide. Despite all of the competitors entering the marketplace, the company set a record high stock price after announcing they won’t need to borrow any additional money to fund new content.
Of course we also cover some of the week’s top entertainment headlines including the new “High School Musical” generates a chart-topper, Viacom changes up its streaming strategy and Spotify ventures into audiobooks.
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Showbiz Sandbox 289: In Hollywood Fame and Fortune Is Often Relative
August 10, 2015
There is no dispute that in the entertainment business, just like in any other industry, money is the fuel that keeps the engine running. Yet raising it, accounting for it, paying it back and doling out profits is becoming more complex for media companies. Indeed, making a fortune in show business is anything but easy or straight forward.
Take Relativity Media for example. The upstart movie studio and its brash CEO Ryan Kavanaugh were going to change the way Hollywood operated and movies were made. However now they’ve filed for bankruptcy. We’ll provide some background and explain the details of what could wind up being the largest studio bankruptcy ever.
Movie moguls aren’t the only one’s struggling to mind their dollars and cents. Legendary musician David Byrne wants record labels to be more transparent about where all the money is going in the music business. Meanwhile the Authors Guild has a few thoughts of its own when it comes to copyright and revenue from book sales.
Of course we also cover the week’s top entertainment news including Jon Stewart’s last “Daily Show”, staff turmoil at Rolling Stone magazine and changes afoot in film distribution strategies.
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Showbiz Sandbox 288: This Summer’s Box Office Is Turning Into A Blockbuster
July 27, 2015
A string of big budget Hollywood sequels and prequels like “Jurassic World”, “Avengers” and “Minions” have driven the 2015 summer box office nearly 15% higher than last year. And not just in the United States. Countries all over the world are reporting strong movie attendance, especially in China where homegrown productions have been the top grossing releases.
It doesn’t hurt that North American moviegoers are currently paying the highest ticket prices on record. Just ask IMAX which just reported the highest quarterly earnings in the company’s history.
It isn’t all good news for Hollywood studios however. The European Union is charging the six major distributors with antitrust violations over what regulators allege are illegal licensing contracts with cable operators. Should the EU prove their case, it could cause havoc by eradicating longstanding entertainment industry business models.
Of course we also cover the week’s top entertainment news including the Emmy Award nominations, the approval of AT&T’s merger with DirecTV, why Neil Young is yanking his music from streaming services.
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Showbiz Sandbox 220: Content Owners Can’t Afford Your New 4K Ultra HD Television
January 13, 2014
Last week at the Consumer Electronics Show in Las Vegas manufacturers stirred up a lot of buzz around 4K Ultra HD television sets. The proven and tested technology promises resolution four times greater than current high definition monitors. The biggest hurdle the industry must overcome for Ultra HD to work are the economics, specifically the high cost of delivering 4K content.
For those consumers who have given up on cable and broadcast television, commonly referred to as “cord-cutters”, the good news is they will now be able to watch wrestling via streaming video thanks to the WWE’s new online only network. However, the United States Supreme Court will decide whether they can continue using Aereo to stream local broadcast channels.
Meanwhile, this year’s awards season continues to chug along as the Golden Globes are handed out and the Director’s Guild of America announced their nominations.
Of course, we also cover the week’s top entertainment news stories including why Britney Spears and Miley Cyrus are too sexy for France, the demographics of last year’s Broadway ticket sales and whether a movie critic’s tweets can be used in advertisements.
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