Showbiz Sandbox 414: The MoviePass Effect Is Real and Here To Stay
June 25, 2018
The film industry can say what it wants about MoviePass, and it’s said plenty, but the subscription moviegoing service has made a huge impact on the market since lowering its price to just under $10 per month. Though skeptics abound on whether the company is financially sustainable, the subscription model it has popularized is quickly becoming a standard offering. Just last week AMC Theatres, the world’s largest cinema chain, announced its own subscription plan to compete directly with MoviePass.
Meanwhile, China is realizing that its growing movie and television industry is becoming overcrowded. With tens of thousands of film and TV companies having sprung up over the past decade and hundreds of films going unreleased each year, there is a fear that the country could be experiencing a media bubble that is about to burst.
Back in the United States, celebrities are suddenly are shocked to discover that the Fox News channel is peddling in propaganda and is not so concerned with actual news. While this may have been the case since the networks inception, creatives are now threatening to walk away from business with Fox Studios. Quick, somebody tell them that Fox Studios is about to have a new owner.
Of course we also cover the week’s top entertainment news including the above average TV ratings for World Cup matches, “Roseanne” officially gets a spinoff series and a Michael Jackson musical may soon be coming to Broadway.
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Trump Attacks Jimmy Fallon for Hollywood Reporter Podcast “Hair Tussle” Comments: “Be a Man, Jimmy!”
https://www.hollywoodreporter.com/news/trump-attacks-jimmy-fallon-hollywood-reporter-podcast-hair-tussle-comment-be-a-man-jimmy-1122965
comScore Announces Official Worldwide Box Office Results for Weekend of June 24, 2018
https://www.prnewswire.com/news-releases/comscore-announces-official-worldwide-box-office-results-for-weekend-of-june-24-2018-300671282.html
‘Sicario: Day Of The Soldado’ Nabs Day-And-Date Saudi Arabia Release
https://deadline.com/2018/06/sicario-day-of-the-soldado-saudi-arabia-release-date-1202415621/
China’s Epic Film Bubble Is About to Pop
https://www.bloomberg.com/view/articles/2018-06-21/china-s-epic-film-bubble-is-about-to-pop
Fox News Border Backlash Puts Pressure on Sister Company’s Talent Deals
https://www.hollywoodreporter.com/live-feed/fox-news-border-controversy-adds-pressure-pending-20th-tv-producer-deals-1121565
Steve Levitan, Paul Feig Criticize Fox Over Child-Separation News Coverage
https://variety.com/2018/film/news/paul-feig-fox-news-trump-child-separation-policy-1202850976/
‘Westworld’ Actor Jonathan Tucker To Donate Earnings From Fox Projects
https://deadline.com/2018/06/jonathan-tucker-westworld-kingdom-fox-news-boycott-raices-1202414620/
Disney Boosts Fox Bid to $71.3 Billion in Cash and Stock
https://www.hollywoodreporter.com/news/disney-boosts-fox-bid-713-billion-cash-stock-1120841
Spoonbenders by Daryl Gregory – BookFilter
http://bookfilter.com/2018/02/08/spoonbenders-2/
B&N Posted Loss of $125 Million on 6% Sales Drop in FY ’18
https://www.publishersweekly.com/pw/by-topic/industry-news/financial-reporting/article/77305-b-n-posted-loss-of-125-million-on-6-sales-drop-in-fy-18.html
Feature Film Director Diversity Remains Low, Directors Guild Reports
https://variety.com/2018/film/news/film-director-diversity-report-directors-guild-1202853157/
Junot Diaz Is Cleared in MIT Investigation
https://www.bostonglobe.com/arts/2018/06/18/junot-diaz-cleared-mit-investigation/IsxX7V90CVSPXLXuwCFZGL/story.html
‘Roseanne’ Spinoff ‘The Conners’ Ordered by ABC
https://variety.com/2018/tv/news/roseanne-spinoff-the-conners-ordered-by-abc-1202854210/
Court Shakes Up Tax Landscape for Online Sales
https://www.publishersweekly.com/pw/by-topic/industry-news/bookselling/article/77313-court-shakes-up-tax-landscape-for-online-sales.html
Germany & Mexico Wins Shatter World Cup Ratings Records For Fox
https://deadline.com/2018/06/germany-world-cup-win-ratings-record-mexico-sweden-espn-fox-1202416425/
Oscar Winner Kobe Bryant Barred Entry Into Film Academy
https://variety.com/2018/film/awards/kobe-bryant-barred-from-academy-1202852830/
Michael Jackson’s Estate Is Developing a Broadway-Bound Bio-Musical
https://www.nytimes.com/2018/06/19/theater/michael-jackson-broadway-musical.html
Pete Docter, Jennifer Lee to Lead Pixar, Disney Animation
https://www.hollywoodreporter.com/heat-vision/pete-docter-jennifer-lee-lead-pixar-disney-animation-1121432
5 Seconds of Summer Earn Third No. 1 Album on Billboard 200 Chart With ‘Youngblood’
https://www.billboard.com/articles/columns/chart-beat/8462423/5-seconds-of-summer-third-no-1-album-billboard-200-chart
The Closing of Magno, the Quintessential New York Screening Room
https://variety.com/2018/film/columns/the-closing-of-the-magno-screening-rooms-1202856008/
All About AMC’s New Subscription Program and What it Means for the Cinema Industry
https://celluloidjunkie.com/2018/06/20/all-about-amcs-new-subscription-program-and-what-it-means-for-the-cinema-industry/
The MoviePass Effect Is Here to Stay — Even if MoviePass Isn’t
https://variety.com/2018/film/news/moviepass-amc-subscription-analysis-1202852457/
Struggling MoviePass Launches $164 Million Bond Sale
https://variety.com/2018/film/news/moviepass-bond-sale-1202853466/
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