Showbiz Sandbox 362: What’s The Flipping Problem With Record Store Day?

April 17, 2017

This year’s Record Store Day is just days away, but what began as a way to support independent record stores has turned into a covert commercial endeavor for those reselling the event’s exclusive vinyl releases at exorbitant prices. Sal Nunziato, a former record store owner himself, joins us to discuss why he’s never been all that fond of the annual promotion.

These days Nunziato is a music blogger and drummer in the band the John Sally Ride. Their new album, “A New Set of Downs” will be released later this year, but in a unique twist, is already available on platforms such as Spotify and Soundcloud. He’ll tell us all about it.

Meanwhile, even though ESPN has lost 12 million subscribers in the past six years, the cable sports network is still very profitable, generating $11 billion per year for its owner, Disney. But with skinny cable bundles and online streaming eating into its subscriber base, ESPN is girding itself for an unknown future.

Of course, we also cover the week’s top entertainment news stories including the launch of YouTube TV, Spotify finally signs a new deal with a major record label, and Harry Potter wins big it at this year’s Olivier Awards.

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Showbiz Sandbox 354: Why the Entertainment Industry Should Care About Net Neutrality

February 6, 2017

President Donald Trump’s selection of Ajit Pai to chair the Federal Communications Commission has moved quickly to rollback consumer protection regulations long thought to be settled; specifically net neutrality. Rules put in place to ensure an open internet allowing every company to compete on equal footing could get thrown out for ones that favor four telecom giants. That could mean record labels, movie studios, streaming music and video providers wind up paying much more to reach audiences.

In addition, Pai threw out proposed rules that would have allowed cable subscribers to purchase their set top boxes. Consumers in the United States presently pay $200 or more per year to rent such equipment putting $20 billion annually into the pockets of video providers. Will legislative bodies in other countries take similar stances in the wake of such F.C.C. moves?

This all comes as streaming music revenue has helped slow or reverse years of declining income sales for record companies. Nielsen music reports that streaming platforms provided 38% of total audio consumption in 2016, up from 23% in 2014. In fact, these days a glut of streaming music providers are trying just about everything to differentiate themselves in what has become a crowded marketplace.

Of course, we also cover the week’s top entertainment news stories including Disney’s $100 million anti-poaching settlement with animators, Oprah Winfrey joins “60 Minutes” and which media outlets have backed out of the annual White House Correspondents Dinner.

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Showbiz Sandbox 352: 2017 Academy Award Nominations Launch #OscarsSoDiverse Trend

January 24, 2017

When the 2017 Oscar nominations were announced this week the Academy of Motion Picture Arts and Sciences managed to avoid a third straight year of controversy over all-white acting nominees. Among this year’s honorees are six African American actors, setting a record for the most in a single year. Hopefully this is a sign more racially diverse films are being produced.

What the Academy did manage to overlook however, were films with huge audiences. Despite nominating nine films for Best Picture Oscars, not a single one has surpassed the $100 million mark (yet).

Meanwhile, in over in the music business, album sales have never mattered less. These days it’s all about music publishing, which can be a true goldmine. Just ask Paul McCartney who is suing Sony/ATV to regain the publishing rights to the Beatles catalogue.

Of course we also cover the week’s top entertainment news including Jerry Seinfeld’s new Netflix deal, the death of 3D television and NBC renews one of its biggest hits for two more seasons.

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Showbiz Sandbox 344: Did the Media Bungle The 2016 Election?

November 14, 2016

We don’t cover politics on Showbiz Sandbox per se, however we do provide analysis and commentary on the worldwide media and entertainment industries. Thus, we discuss the role, and some might say the culpability, of the news media in the outcome of the 2016 presidential election. While there is no doubt some divisiveness over the election of president-elect Donald Trump, there seems to be unanimous consensus that mainstream media blew it… bigly.

We also take a look at the impact the results of this year’s presidential election will have on the entertainment business. Deals currently in the works may have a tougher time getting approved, and decisions that passed years ago may be in danger of being overturned.

China meanwhile has passed a new film industry law intended to crack down on box office fraud and promote “core socialist values”. It weaves a new layer of protectionism into the business by requiring that two thirds of the country’s movie screens be reserved for Chinese films.

Of course we also cover the week’s top entertainment news including the why IMDb is going to court over its right to post actors ages, Universal Pictures makes some changes at DreamWorks Animation and Robert Redford’s retirement plans.

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Showbiz Sandbox 323: Trends From the 2016 TV Upfronts

May 30, 2016

Each May all the U.S. television networks invite major advertisers and the media to New York so they can pitch all of the new and returning shows on their fall schedules. Known as the upfronts, a good chunk of the prime time advertising inventory is sold during these meetings as promotional buzz about each series commences in earnest. We’ll take a closer look at some of the big trends coming out of this year’s upfronts.

Meanwhile, a much beloved series might be starting a trend of its own by increasing viewership in its 12th season. Usually long-running shows lose audience in their latter years, however “Grey’s Anatomy” is the perfect example of how new technology can boost viewership.

Viacom and CBS are likely to have kept a close eye on the recently completed upfronts, given their dominance in television. CBS was originally a Viacom property, but was spun-off more than a decade ago. Now, amidst leadership turmoil at Viacom, there is speculation the two companies may merge, once more becoming a single entity.

Of course we also cover the week’s top entertainment news including why U.S. presidential candidate Bernie Sanders is criticizing Disney, Spotify’s big success in helping subscribers find new music and why the next James Bond film is in search of a director.

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Showbiz Sandbox 321: New Power Players Emerge In Cannes

May 16, 2016

The Cannes Film Festival has become one of the most important annual cinema events because it programs a diverse array of movies from all over the world. We’ll head to the French Riviera for this year’s festival to tell you which of the hundreds of films are generating buzz and argue over the elements necessary for the successful exportation of European films.

Meanwhile the Marché du Film, or Cannes Film Market, takes place alongside the festival each year. New industry players such as Amazon Studios and other streaming companies have made some bold moves during Cannes, stealing the thunder from veteran power brokers.

Speaking of streaming companies, Amazon is opening its video platform to users, allowing them to upload content and make money off ads, just like they do on YouTube. And YouTube is dreaming of selling its many customers a skinny bundle of TV channels.

Of course we also cover the week’s top entertainment news including the Ukrainian winner of the Eurovision song contest, Sean Penn gets an apology from Tyler Perry and Disney sets a historic box office milestone.

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Showbiz Sandbox 319: The Changing Tide of Music Distribution

April 25, 2016

Almost three years after Beyoncé made a big splash by releasing a secret album via iTunes, the pop star has snuck up the world once again with her latest work, a video album called “Lemonade”. This time however Beyoncé was strategic in how she distributed her album, premiering it with an HBO special, then exclusively to the streaming music service Tidal, before ultimately turning back to iTunes. More and more, big name acts are controlling how and to whom their music gets distributed.

Multi-genre musician Prince was way ahead of his time when it came to controlling how his music reaches the world. The legendary artist died suddenly last week leaving behind a lifetime of work a great deal of which was never released. We discuss the many fascinating ways the unexpected death of Prince was covered by the media and his sometimes unique distribution methods.

We’ll also take a look at the introduction of a new cinematic camera that has the potential to revolutionize filming and post-production by allowing to filmmakers “to effectively capture the color, direction and placement of every ray of light”.

Of course we also cover the week’s top entertainment news including some behind the scenes drama at the morning talk shows, why China shut down some of the Apple iTunes stores and how Hollywood is making its way to West Africa.

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Showbiz Sandbox 316: Indiana Jones and the Colonoscopy

March 21, 2016

Last week Harrison Ford and Steven Spielberg announced they are grabbing a whip and fedora and planning one more adventure for Indiana Jones with its original director and star. They haven’t set a start date for shooting, don’t seem to have a script or even a setting or general idea for the movie yet, at least not one they’re sharing. But naturally they have a release date. The next Indiana Jones will be coming to a theater near you on July 19, 2019.

If it were up to the Screening Room, you’ll be able to watch the latest Indiana Jones installment from the comfort of your own home. Everyone is weighing in on the new company that wants to make blockbuster movies available in your home the same day they hit theaters.

Meanwhile, CBS is turning off their radios. The broadcaster says they are looking to offload their fabled radio group despite it being a stable long-term business. CBS believes radio doesn’t have sexy growth potential so they apparently wants out.

Of course we also cover the week’s top entertainment news including an explanation of television stacking rights, Mariah Carey gets her own reality series and China cracks down on box office fraud.

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Showbiz Sandbox 315: China Becomes A Global Movie Superpower

March 14, 2016

In recent years, Chinese-owned companies have become the film industry’s biggest power players by scooping up production companies and cinema chains. The latest example came when AMC Theatres, owned by China’s richest man Wang Jianlin, announced it will acquire Carmike Cinemas to become the world’s largest motion picture exhibitor.

It’s easy to see why the Chinese are so hot on the cinema business given that their box office surpassed that of North America during the month of February for the second time ever. Yet if you were to ask some financial analysts, Hollywood Hollywood is starting to look like the video game industry before it imploded; bigger budgets, fewer winners and more losers. Is Hollywood about to shrivel up like Pac-Man?

Then there are those like Sean Parker, one of the founders of Napster and Facebook, who are trying to convince Hollywood that it’s time to start making big movies available in consumer’s homes the same day they hit theaters. Is there any business model in which that could actually work?

Of course we also cover the week’s top entertainment news including the authors nominated for this year’s prestigious Man Booker Prize, music sales in France plummet and Kevin Spacey won’t be heading up Relativity Media after all.

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