Showbiz Sandbox 235: When Apple Can’t Beats Them, It Buys Them
May 12, 2014
As rumors began to circulate that Apple was purchasing Beats Electronics for $3.2 billion everyone from music industry executives to stock market analysts all asked the same simple question – why? The lucrative deal makes perfect sense from Beats perspective, but what does Apple see in the high-end headphone manufacturer that made them spend so much money to acquire the company.
Speculation has centered on two possible reasons, both of which are probably accurate. The first hypothesis is that since Apple already heavily promotes Beats products through their retail stores, they may as well make them a part of the family and keep all the profits. The second theory is that Apple is hoping Beats streaming subscription service can help them with their own streaming music offerings.
With digital music sales first plateauing and now declining, Apple may be predicting that more consumers are wanting to stream their music rather than purchase it. We discuss Apple’s big purchase and provide in-depth analysis on what it means for the company and the state of the music business.
Of course, we also cover the week’s top entertainment news stories including the renewal of “American Idol” for a 14th season, NBC pays billions for the rights to broadcast the Olympics over the next 20 years and Comedy Central finds a replacement for Stephen Colbert.
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Showbiz Sandbox 192: Cannes Serves Up A True Blue Masterpiece
May 28, 2013
It’s safe to say the 2013 edition of the Cannes Film Festival did not disappoint. The jury, headed by filmmaker Steven Spielberg, awarded “Blue Is The Warmest Colour” with the Palm d’Or, the festival’s top prize. It seems fitting that a film featuring a lesbian love affair (not to mention graphic sexual scenes) should win big in a year when France legalizes gay marriage. That the film may be considered a masterpiece over time doesn’t hurt either.
In fact, there was little to complain about at this year’s Cannes Film Festival, except for maybe the rainy weather. We’ll fill you in on some of the highlights as well as discussing how Angelina Jolie’s announcement regarding her double mastectomy has caused an uproar in the medical community… in a good way.
Our host, Michael Giltz, has soft-launched a new website for booklovers. Still in beta stage as it prepares for an official launch, BookFilter.com is designed to help visitors discover what titles are being released and what might want to read next.
Of course we also cover the week’s top entertainment news including liner notes for digital downloads, Zach Braff teaches Woody Allen about crowdfunding and Amazon’s plan to make fan fiction legit.
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Showbiz Sandbox Special Episode: To Each Their Own Cannes Experience
May 22, 2013
With selections from world renown filmmakers like the Coen Brothers, Asghar Farhadi, Jim Jarmusch, Baz Luhrmann, Alexander Payne, Roman Polanski, Steven Soderbergh and Jia Zhangke, this year’s Cannes Film Festival is one of the most anticipated in recent memory.
Stephen Garrett is in Cannes this year as both a journalist covering for media outlets such as the New York Observer, and also as the head of Jump Cut, an advertising firm that specializes in producing trailers for foreign, independent and documentary films. Even at the halfway point in the festival he’s seen upwards of two dozen films and joins us to discuss some of the highlights and news items coming out of this year’s Cannes.
On the other hand, filmmaker Andrew Einspruch of Wild Pure Heart Productions is in Cannes to participate in the annual market. As he meets with sales agents, buyers and distributors in an attempt to sell his next movie, Einspruch hasn’t been able to see a single film.
It just goes to show how every attendee at the Cannes Film Festival has a different and unique experience.
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Showbiz Sandbox 186: Bill Carter of the NY Times on Cable Ratings, Jay Leno and the Shifting Television Landscape
March 18, 2013
Bill Carter of the New York Times has been reporting on the television industry for over 30 years. Who better to ask about why nothing seems to make any sense about this year’s television season? For example, cable shows have been pulling in more viewers than any of the networks. Broadcast networks that were topping the ratings just months ago, are now struggling at the back of the pack. As if that wasn’t enough, it looks as if the battle over late night programming is heating up again.
In a wide-ranging conversation, Carter touches on everything from the reason networks have been cutting back their original programming to why ratings have become so complicated to tabulate (hint: it has to do with DVRs). He explains all the troubles NBC is having not only in primetime, but also with their morning news programming. Carter literally wrote the book on late night television (actually two of them), so his thoughts about which of the ever growing list of hosts is most dominant, and why, is rather insightful.
Meanwhile, the Cannes Film Festival announced the selection of Baz Luhrmann’s adaptation of “The Great Gatsby” as their opening night film. What stunned many Cannes veterans is that the festival would choose a film which will open theatrically in North America just five days before it premieres on the Croisette this May.
Of course, we also cover the week’s top entertainment headlines, including “Django” in China, “Veronica Mars” on Kickstarter and David Bowie’s return to the music sales charts.
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Showbiz Sandbox 149: Cannes Falls For “Amour”
May 29, 2012
This year’s Cannes Film Festival concluded with “Amour”, a film by Austrian director Michael Haneke, winning the Palme d’Or. The movie about an elderly couple in Paris features two renown French actors and was a hit with festival audiences. Anne Thompson from Indiewire’s Thompson on Hollywood blog says the jury rewarded many of the noteworthy films at this year’s festival, though entries with stars like Brad Pitt and Nicole Kidman were rather disappointing.
Speaking of winners, last week Phillip Phillips was crowned the winner of this season’s “American Idol”. The big loser however may be the singing competition show itself, since it is no longer the most watched television show in the nation, a title it held for a historic seven years. That honor is now held by Sunday Night Football.
Apple rather convincingly shredded the antitrust suit tbe Justice Department filed against them and top publishers over the price fixing of e-books. Apple’s response points out a number of innacuracies in the suit and manages to bolster their own case, while notably not helping the publishers with their defense.
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Showbiz Sandbox 148: Soaking Up This Year’s Cannes Film Festival
May 22, 2012
Uncharacteristic inclement weather drenched the first half of this year’s Cannes Film Festival, though the rain could not dampen the spirits of attendees or distributors looking to acquire hot titles. Are the selections at this year’s festival going to be future award contenders as they were last year with “The Artist” and “Tree of Life”? We’ll let you know.
Of course, Cannes has never been short on movie stars. This year’s festival has featured appearances from Bruce Willis, Nicole Kidman, Robert Pattinson, Kristen Stewart and Brad Pitt, to name just a few. However some journalists are finding that getting access to such talent can be costly, especially if you have to pay thousands of euro for interviews. We’ll explain.
One film that didn’t make it into the festival is “Battleship”. The $200 million action film finally opened in North America over the weekend to poor reviews and tepid box office receipts. Like Disney was forced to do with “John Carter”, Universal will likely take a write down on the movie.
We also cover the week’s top entertainment headlines including this year’s entries to the National Recording Registry, ABC’s plans to expand “Good Morning America” to the afternoon and the creator of “Community” gets fired from his own show.
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Showbiz Sandbox 133: Oscars Celebrate The Past; Sundance Discovers The Future
January 24, 2012
This year’s Oscar nominations have finally been announced and they are full of surprises. Actors and actresses which seemed like shoe-ins for a nomination were completely overlooked. Films that nobody thought would be considered for Best Picture wound up in the list of nine nominated titles.
Meanwhile up in Park City, Utah this year’s Sundance Film Festival is underway. We’ll go over all the movies that have festival goers (and acquisitions executives) buzzing as well as fill you in on why indie films may finally reach wider audiences.
“American Idol” returned to the airwaves to lower ratings. Ryan Seacrest, the show’s host, may not care though since he took another step last week toward becoming the next Dick Clark by partnering with Mark Cuban and AEG on a new cable television network.
We also cover some of the week’s top entertainment headlines including Adele’s continued dominance of the music charts, the death of controversial anti-piracy legislation and the shuttering of Megaupload over copyright infringement.
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Showbiz Sandbox 104: ‘Pirates’ Proves The Importance Of A Global Box Office
May 23, 2011
Despite earning more than $90 million in North America during its debut weekend, the opening of “Pirates of the Caribbean: On Stranger Tides” did not live up to many industry insiders lofty expectations for the movie. However, considering the film made an additional $260 million in more than 100 international territories, its impossible to consider the latest installment of the Jack Sparrow franchise anything other than a success.
Even so, some analysts believe any muted box office returns for “Pirates” in North America are due to the public’s rejection of 3D movies. Have audiences grown tired of viewing films in 3D? Is the once flashy new technology now passé or is the surcharge for 3D and Imax causing moviegoers to opt-out?
The Cannes Film Festival came to an end this past week with Terrence Malick’s “Tree of Life” taking home the Palm d’Or. Will winning the festival’s top prize help the film’s financial prospects? If history is any guide, probably not.
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Showbiz Sandbox 103: Midnight In Cannes – This Year’s Fest Sparks Fireworks
May 16, 2011
Woody Allen’s film “Midnight In Paris” opened the 64th annual Cannes Film Festival last week, but it was Terrence Malick’s long awaited “Tree of Life” which everyone was eager to see. The film divided audiences with some booing loudly and others proclaiming it a masterpiece. We provide all the highlights from this year’s festival, including news about films and the scene along the Croisette.
Google decided not to wait around for record labels to offer them a decent license before launching their cloud music service. After watching Amazon launch their own music service, Google realized they would never get an appropriate licensing deal from the labels so took matters into their own hands.
Meanwhile, major television networks began holding their upfronts where they inform advertisers, and the world, what shows will air during the fall television season. We fill you in on who made the cut, who got cut, and why. The announcement that Ashton Kutcher will replace Charlie Sheen on “Two and a Half Men” was the biggest television news of the week.
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Showbiz Sandbox 55: I Want My Google TV
May 25, 2010
It’s official. Google is getting into the television business with help from Sony and Logitech. Will making television searchable cause viewership to rise? On the other hand, movies have apparently found a way to shrink their audience – raise movie ticket prices. While “Shrek Forever After” may have topped the North American box office, it’s $71 million debut was seen as a bit of a disappointment. Industry pundits are pointing to the rising cost of 3D movie tickets as part of the cause.
And if you think movie tickets are getting too expensive just wait until cable companies start offering “home theater on demand”. Movie studios are being pitched by cable operators on distributing their movies via video-on-demand just 30 days after they are released in theaters. However, the $20 to $30 price tag may turn potential customers away.
We wrap up our coverage of the Cannes Film Festival, where an obscure “auteur” film from Thailand took the top prize. Michael Giltz and J. Sperling Reich tell us about all the films they liked (and hated) at this year’s festival.
The series finale of “Lost” aired over the weekend, though it received mixed reviews and mediocre ratings. Read more
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