Showbiz Sandbox 140: Nollywood Love – Inside The Booming Nigerian Film Industry
March 13, 2012
Oil rich Nigeria may be best known for political upheavals and brutal civil wars, though over the past twenty years the country has given birth to a thriving film industry. New York Times Magazine contributing writer Andrew Rice explains that what started out as a surplus of blank VHS tapes has grown into what is now called Nollywood; the world’s third largest movie business. Nollywood films now suffer from the same issues faced by Hollywood and Bollywood; piracy and escalating production costs.
The budget for Disney’s “John Carter” was about five thousand times that of the average Nollywood film, which is probably why a $100 million worldwide opening is seen as a bit of a disappointment. Directing his first live-action film, Pixar veteran Andrew Stanton seems to be getting most of the blame for the movie’s lack of success, though it just as easily could be pinned on a studio full of senior executives that lacked experience producing big blockbusters.
Speaking of pricey failures, Fox canceled its sci-fi series “Terra Nova”. Producers hope the show will be picked up by another network, though at $4 million per episode few can afford it.
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Showbiz Sandbox 138: Lessons Learned At This Year’s Oscars
February 27, 2012
Predicting who will win Academy Awards each year isn’t as easy as it looks. Just ask IndieWire’s Anne Thompson. She managed to pick 19 out of 24 winner’s at this past weekend’s Oscar ceremony, but there were a few categories which had everyone guessing. Thompson takes us backstage on Oscar night and explains how easy it is for someone covering the awards season, like herself, to over think how Academy voters will respond when ballots are cast.
Meanwhile, Google filed applications last week to become a cable television provider in Kansas City. What remains to be seen is whether the tech giant can obtain enough programming to attract customers.
Maybe Hollywood will welcome Google with open arms as they have with the glut of streaming video providers all vying to license premium content. Ironically, the industry seems to be ahead of the curve on a new technology they hope will make up for falling DVD sales.
We also cover the week’s top entertainment headlines including a new book from J.K. Rowling, Barbara Streisand’s new record deal and how advertising at movie theaters is being taken more seriously.
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Showbiz Sandbox 134: Video-On-Demand Rides To The Rescue At Sundance
January 30, 2012
This year’s Sundance Film Festival came to a close last weekend awarding top prizes to a wide range of movies. Independent film industry veteran Michael Tuckman sizes up this year’s festival and highlights some of its most noteworthy movies. Tuckman explains how video-on-demand has become a big part of the distribution strategy for such films, providing them with a wider audience than traditional art houses.
IFPI also showed up with some good news last week reporting that global digital music sales were up eight percent in 2011. Subscription services such as Pandora and Spotify are helping increase revenue, though they are also eating into the advertising dollars usually reserved for local radio stations.
Meanwhile, Broadway is gearing up for its spring season with a glut of hot new productions, making it difficult to pick a front-runner for Best Musical (the most valuable – if not the only valuable – Tony Award). Best Play is also up for grabs and none of the newcomers are slam dunks.
We also cover the week’s top entertainment news stories including, Simon Cowell retooling the “X-Factor” with new hosts and judges, an upbeat earnings report from Netflix and how Ticketmaster bungled the sale of tickets to Bruce Springsteen’s latest tour… again.
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Showbiz Sandbox 125: Are Radio D.J.’s A Thing Of The Past?
November 7, 2011
Radio listenership has eroded over the past several years as consumers have adopted streaming music services such as Spotify and Pandora. To stay competitive and survive, Clear Channel, the nation’s largest radio station operator, shocked the industry this past week by firing dozens of local D.J.’s and replacing them with a national programming team. Indie-label artists and music fans are sure to suffer as radio playlists become more homogenized and less relevant.
Google has no plans to get into radio, however rumors have surfaced that they might be trying to add a cable television operation to their broadband project in Kansas. Launching and maintaining a cable television service is not exactly like running a search engine; it can be expensive, take years and ultimately lead to a lot of red ink.
Comedian Louis C.K. has shunned traditional cable altogether. He’s decided to broadcast his upcoming comedy concert directly to fans via the Internet, bypassing traditional television distribution.
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Showbiz Sandbox 124: UltraViolet Is A Solution In Search Of A Problem
October 31, 2011
More than 75 companies have teamed up to form UltraViolet, a new service that promises to give consumers the freedom to watch movies and television shows wherever and whenever they want. However, early adopters have discovered that untethering content from physical media such as DVDs can be a tedious and confusing process. As the entertainment industry experiments with rapidly evolving technologies, viewers seem hard pressed to find any benefits in moving to the cloud.
When it comes to music though, fans have already migrated to online services such as Pandora, iTunes and Amazon. Now Google is preparing to launch its own music offering which is rumored to allow users to share music with their friends and family.
And if you thought digital technology was a tough racket, so is trying to copy the success of the hit television series “Mad Men”. NBC failed with it’s 1960s drama “The Playboy Club” and ABC isn’t fairing much better with “Pan Am”, a similar knock-off. They could have picked up Charlie Sheen’s new sitcom, “Anger Management” as a replacement, but FX scooped it up before anyone had a chance.
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Showbiz Sandbox 120: Netflix Must Adapt To A Hollywood It Helped Create
September 26, 2011
Ryan Lawler has spent the last two years writing about online video and digital media trends for GigaOm, a beat he’s covered for a number of publications. Who better to help us sort out what’s been going on with Netflix over the past two weeks? Despite a plunging stock price, slower subscriber growth and increased competition from the likes of Dish Network, Lawler says we shouldn’t be too worried about Netflix. He discusses what the future holds for the company during an in-depth interview.
Meanwhile, the fall television season was jumpstarted by “Two and a Half Men” as more than 28 million viewers tuned in to see Ashton Kutcher replace Charlie Sheen. Don’t feel too bad for Sheen though; he had 6.4 million people watching him get roasted over on Comedy Central and it appears he’s settling his lawsuit with Warner Bros. for a cool $25 million.
“The Lion King 3D” continues to dominate the worldwide box office, despite the fact that it’s a 17 year old movie that most have already seen. “Titanic” and “Top Gun” are already getting 3D makeovers, and it’s likely we’ll see studios reaching back into their archives to find even more titles.
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Showbiz Sandbox 106: A Tony Awards Preview Of Broadway’s Billion Dollar Year
June 6, 2011
Even without all the news surrounding the troubled production of “Spider-Man: Turn Off The Dark”, Broadway gave us plenty to talk about over the past year. This season brought more critically acclaimed (and financially successful) productions than during any time in recent memory. Brian Scott Lipton, editor-in-chief of TheaterMania.com, tells us who he thinks will win the year’s top Tony Awards on Sunday evening.
Movie box office is also on the rise after a disappointing first half of the year. Even so, the film grosses being earned in North America are being dwarfed by international box office. We’ll explain why.
Meanwhile, Lady Gaga ruled the album charts with her new release thanks to some help from Amazon.com. A number of artists are finding new and innovative ways to sell their music. In fact, the Kaiser Chiefs are allowing fans to create and sell their own albums with the band’s music.
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Showbiz Sandbox 105: The Dark Truth About Digital Cinema
June 1, 2011
When Ty Burr, film critic for The Boston Globe, noticed that the films he was seeing didn’t appear as bright as they usually do he did a little investigating to figure out why. What he discovered, and documented in a recent front page article, is that some major theater chains are leaving moviegoers in the dark by regularly misusing digital projection equipment. Burr joins us to explain why this is happening and what cinema patrons can do about it.
Meanwhile, the market for streaming music online hasn’t cooled off. Apple is about to announce a service the company has dubbed iCloud and it is rumored that Facebook may integrate Spotify into its website. It seems more people are listening to more music than ever before. That may be why the Coachella Music Festival is doubling down and expanding the event to two weekends next year.
Oprah Winfrey ended her long-running talk show last week and nearly 17 million people tuned in to watch. Yet that audience pales in comparison to the 28 million viewers that watched the final episode of this season’s “American Idol”. That’s nearly a 20% increase over last years finale.
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Showbiz Sandbox 102: Why Music Videos Matter (Again)
May 9, 2011
Music videos rose to prominence in the 1980s to become on of the most important promotional vehicles for new music. As fans grew tired of watching their favorite musicians lip sync their way through elaborate videos MTV and the like stopped showing them. However, with the advent of inexpensive production equipment and the ability to reach a massive global audience via the Internet, musicians have begun churning out a new crop of innovative, and at times interactive, music videos, revitalizing an art form once written off as extinct.
In other music news, Warner Music Group was finally auctioned off for $3.3 billion. Now there is talk that the record labels new owner might scoop up EMI making Warner Music Group even larger than it is already. Meanwhile, in an attempt to reverse declining box office, concert promoters are trying to win audiences back with cheaper ticket prices and high-end acts.
Flixster and Rotten Tomatoes, two of the Internet’s most popular movie sites, were sold to Warner Bros. We debate whether the move will influence some of the reviews and recommendations the websites have become known for.
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Showbiz Sandbox 101: How Jay-Z Went From Street Corner To Corner Office
May 2, 2011
Starting out on the streets of Brooklyn, New York as a drug dealer in the late 1980s, hip-hop star Jay-Z has transformed himself into a recognizable brand encompassing music, clothing, restaurants, nightclubs and an NBA basketball team. Our guest this week is Forbes staff writer Zack O’Malley Greenburg who tells the improbable story of how Jay-Z rose to the top of the business world in his new book, “Empire State of Mind: How Jay-Z Went from Street Corner to Corner Office
Another brand that has proven their business acumen is home video subscription service Netflix. The company, which reported record first quarter numbers this past week, soon will have a number of competitors, including the likes of YouTube, DirecTV and Comcast.
Maybe Vin Diesel can turn himself into a mega-brand, proving he can still open a film on a global scale with “Fast Five”, the fifth installment in the “The Fast and The Furious” franchise. The film earned mega-bucks this past weekend, despite being up against the summer blockbuster “Thor” in international territories.
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