Showbiz Sandbox 497: A Status Update on the Future of Movie Theaters
June 12, 2020
As countries all over the globe shut down their economies during the COVID-19 pandemic, roughly 94% of the world’s movie theaters closed down for business due to health concerns or lack of new releases. There has been countless speculation about when cinemas would reopen or if audiences would actually return once they do. As well, Hollywood studios have pushed back the release of so many titles, what new movies will even be available to show?
As the head of the film department at the research firm Omdia, and an expert in the cinema sector, David Hancock has been tracking all the data associated with the industry’s current predicament. He joins us to explain how movie theaters are reopening, what obstacles they face even if successful and why the industry may lose $35 billion in box office over the next two years due to the pandemic.
Of course we also cover some of the week’s top entertainment headlines including why the Metropolitan Opera in New York has canceled its fall season, why one of the most successful e-sports athletes of all-time is retiring at 23 and filmmaker James Cameron returns to New Zealand to continue production on the “Avatar” sequels.
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Showbiz Sandbox 471: A Harsh Verdict from Former “America’s Got Talent” Judges
December 9, 2019
After just one season on “America’s Got Talent” celebrity judges Gabrielle Union and Julianne Hough had done what they were hired to do; increase the show’s social media footprint. Yet their contracts were not renewed for a second season and Union gained a huge amount of attention for her claims the show has a toxic culture. The show’s producers and network NBC are being very careful in how they handle the situation.
In Hong Kong, mass protests continue to disrupt the city and its significant entertainment industry. The ongoing demonstrations have affected Asian year-end awards, Hong Kong’s box office and generally made it harder to do business for entertainment companies who are both trying to please China yet show they have a moral compass.
Meanwhile, it looks as if this year won’t set any North American box office records, though it might be the second highest on record. Disney, however, has nothing to worry about as they set theatrical earnings records thanks to a string of billion dollar releases.
Of course we also cover the week’s top entertainment headlines including Golden Globe nominations, the bidding war ver Ali Wong’s next comedy special and Comcast looks to expand in the United Kingdom.
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Showbiz Sandbox 470: The End of the Paramount Consent Decree
December 1, 2019
The Department of Justice has announced their intention to jettison the Paramount Consent Decree, the agreement that ended the studio system and under which the film industry has operated for the past 70 years. What will this mean for movie theater operators moving forward? Now that studios have become big media conglomerates will they behave anti-competitively?
Speaking of agreements, more mid-level talent agencies have signed the Writers Guild of America’s code of conduct. In the process, these agencies have gotten the WGA to agree not to enforce the ban on television packaging until one of four major firms signs on.
Meanwhile, the Thanksgiving holiday weekend was once again a time for audiences to return to cinemas en masse. However this year instead of going to see the latest blockbuster sequel, moviegoers actually sought out original films.
Of course we also cover the week’s top entertainment headlines including the Grammy nominations, why Netflix bought a movie theater in New York City and the controversy over the firing of Gabrielle Union from “America’s Got Talent.”
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Showbiz Sandbox 355: Adele’s Big Grammy Victory Is All In the Numbers
February 13, 2017
Though Beyoncé had been predicted to walk off with this years top Grammy Awards for her critically acclaimed album “Lemonade”, she was beat out by Adele who won five top awards for “25”. Rather than being racially motivated, as some would suggest, Adele’s Grammy success was buttressed by an album that sold 20 million copies making it by far one of the biggest albums of the last decade, topped only by sales of her previous release “21”.
Then there was the artist who has never sold a single record yet managed to win three Grammys this year. Chance the Rapper made history when he became the first artist to win a Grammy for a streaming-only album. “Coloring Book” won the Grammys for Best Mixtape and Best Rap Performance, while Chance the Rapper took home the prize for Best New Artist.
Meanwhile, the struggling entertainment conglomerate Viacom announced how it hopes to turn the company around. The company plans to focus on “silos” of branded properties which can be exploited across multiple platforms. This is the same strategy the Walt Disney Co. has used with great success; however Viacom’s existing properties are hardly as popular as Marvel or Pixar.
Of course, we also cover the week’s top entertainment news stories including plans to revive “American Idol” on television, Stephen Colbert’s “Late Show” tops Jimmy Fallon’s “The Tonight Show” for the first time and Aretha Franklin, the queen of soul music, announces her retirement.
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Showbiz Sandbox 130: It’s The Data, Stupid (or Why Live Nation Bought BigChampagne)
December 19, 2011
As 2011 comes to an end mainstream media companies continue to struggle with how to distribute their content through the Internet. That was never more apparent than this week as concert promoter Live Nation acquired BigChampagne, a media tracking and technology company. Joe Fleischer, Big Champgne’s chief marketing officer, explains why a live-event company is interested in staying on top of the latest music industry data and how the acquisition will help Live Nation better understand their customers.
Meanwhile, as SOPA and PIPA make their way through Congress, Universal Music Group caused a stir when they tried to squash news reports of their copyright infringement lawsuit against MegaUpload. Then there was comedian Louis C.K. who used digital convergence to his benefit by selling a video of his most recent stand-up show directly to fans, making a huge profit in the process.
Matt Damon was also muddying the waters last week by revealing the in-fighting going on behind the scenes of the”Bourne” franchise. Of course, we also cover the top entertainment news stories of the week including the Golden Globe and SAG award nominations, Howard Stern’s new television gig on “America’s Got Talent” and Madonna’s new record contract.
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