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 277: CinemaCon Predicts A Bright Future For Moviegoing
April 27, 2015
When theater owners and film distributors from around the world convened last week for CinemaCon in Las Vegas they were presented with a slate of upcoming blockbusters and cutting edge innovations which forecast an optimistic future for the industry. After ending last year with the most depressed box office returns in recent memory, 2015 is shaping up to break all records with at least four films potentially grossing more than a billion dollars.
Adding to the optimistic outlook are emerging technologies that enhance the experience of going to the cinema. Upgrades such as immersive sound, laser projection and high dynamic range may help lure certain demographics back to theaters. Teenagers and young adults, for instance, have seen declining attendance since 2007 as the number of on-demand entertainment options began expanding.
Meanwhile, cable giant Comcast called off its $45 billion acquisition of Time Warner Cable after government agencies informed the company they would actively work to block the merger. Regulators believed the deal, which many feared but felt would ultimately be approved, might allow Comcast to dominate not just cable television, but more importantly high speed Internet access.
Of course, we also cover the week’s top entertainment news stories including the end of “Sabado Gigante”, how WikiLeaks got involved in the Sony cyberattack and Netflix just keeps growing.
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Showbiz Sandbox 276: Agency Wars Have A Long History in Hollywood
April 13, 2015
Even in the best of times being a Hollywood talent agent has never been an easy job. The dog eat dog nature of the agency business has never been more apparent than during the last few weeks when 11 agents suddenly defected from Creative Artists Agency, one of the industry’s leading agencies, to become partners at a rival firm, United Talent Agency. Following in the footsteps of their agents were A-list clients such as Will Ferrell, Zach Galifianiakis, Ed Helms, Melissa McCarthy and Chris Pratt.
This isn’t the first time big shot agents have deserted their agencies for greener pastures and taken their clients with them, nor will it be the last. In fact, CAA was founded in 1975 when Michael Ovitz along with Ron Meyer and several other agents, abruptly departed the William Morris Agency to form their own firm. The now legendary Ari Emanuel did the same thing 20 years later to start Endeavor.
Meanwhile, changes are also afoot in how television networks want advertisers to pay for commercial time. Two major conglomerates, Time Warner and Viacom, are moving away from Nielsen ratings and offering to let advertisers pay for the “impact” their ads have through metrics such as increased brand recognition, increased loyalty program registrations and consumer engagement on social media.
Of course, we also cover the week’s top entertainment news stories including Jay-Z makes a streaming media play with Tidal, filmmaker David Lynch backs out of “Twin Peaks” reboot, and NBC selects “The Wiz” as its next live televised musical.
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Showbiz Sandbox 210: Record Labels Look To YouTube As The New Radio
October 21, 2013
Instead of promoting new releases through traditional avenues such as radio and television, record labels are beginning to rely on YouTube as the most effective method for reaching younger audiences. As Dawn C. Chmielewski, an entertainment writer for the Los Angeles Times explains, its not just musicians that are getting a boost from this new practice, but also some of the self-made tastemakers who have become YouTube stars.
Television networks are also beginning to love technology, specifically DVRs. Though the industry has long despised the timeshifting devices which allow viewers to skip commercials, executives are once again discovering how they can significantly boost ratings.
Meanwhile, more details are emerging about why the film adaptation of “Fifty Shades of Grey” lost its male lead. Beyond being uncomfortable with his new found stardom, Charlie Hunnam was also pushing for script revisions according to some reports.
Of course, we also cover the week’s top entertainment news stories including why the creators of “South Park” missed the deadline for their latest episode, “The Lion King” becomes Broadway’s first billion dollar production and the hit television series “Glee” announces its final season.
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Showbiz Sandbox 195: Hollywood Exploits 9/11 Imagery For Its Implosive Blockbusters
June 19, 2013
As “Man of Steel” sets the worldwide box office aflame, the latest Superman reboot also serves as yet another example of a Hollywood blockbuster exploiting the imagery of 9/11 for apocalyptic purposes. Kyle Buchanan, the Movies Editor at New York Magazine, would like to see filmmakers stop relying on meaningless urban destruction. He joins us to discuss his recent article calling for an end to the “orgy of gratuitous building-battering” in big budget movies.
Steven Spielberg and George Lucas are two filmmakers quite familiar with blockbuster movies. Now, the directors who helped launch the modern day tentpole release are predicting an “implosion” for Hollywood, along with a handful of other pessimistic prognostications. We’ll tell you what they had to say in a recent panel discussion.
Last week also saw Apple finally get into the music streaming business with the announcement of iTunes Radio. Only time will tell whether Apple will be able to compete with Pandora, Spotify and all of the other existing players in the space, though we’re not overly impressed.
Of course we also cover the week’s top entertainment news including a legal victory for Hollywood interns, Arnold Schwarzenegger returns to “The Terminator” and The Muppets head to Broadway.
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Showbiz Sandbox 179: How To Gamble And Win On Broadway
January 28, 2013
This year alone there are at least 15 new shows being mounted on Broadway including adaptations of movies such as “Diner” and “Big Fish”. At one point or another all were in search of financial backing, however well known productions with big name stars often don’t pay dividends. We review which upcoming stagings smart, experienced Broadway investors should be banking on.
A very successful Sundance Film Festival came to an end last week as distributors left Park City having acquired a dozen or more independent films. We discuss the reason behind the frenzied sales activity and why some films came with steep seven-figure price tags.
Since we’re on the subject of paying out or investing money, it looks as if the cable bill for Los Angelenos will be going up again thanks to the L.A. Dodgers deal with Time Warner Cable for a new sports channel. Does one market really need six sports networks. More importantly, why are the customers in a single market forced to pay for them whether they want them or not.
Of course we also cover the week’s top entertainment news including Warner Bros. new CEO, JJ Abrams signs on to direct the new “Star Wars” and Fox begs viewers to use their DVRs.
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Showbiz Sandbox 169: How TV Networks Learned To Stop Worrying And Love The DVR
October 29, 2012
Major networks used to bemoan the use of DVRs out of fear that audiences would use them to skip over commercials. However, with DVRs in almost half of all US homes, they have begun touting the big audience increases some of their shows get after factoring in time shifted viewing. Scott Collins, a television reporter with the Los Angeles Times, discusses modern-day TV ratings and how the industry is coping as viewing habits change.
And if you thought television networks were in trouble, they’ve got nothing on the film industry. If you were to believe folks like film critic David Denby and a recent New York Times article, movies may not even be relevant anymore.
Talent agencies aren’t immune from all the changes affecting the industry. Last week the longtime head of ICM Partners, one of the world’s largest ten percenteries, announced he’d be leaving to start a new agency.
Of course, we also cover the week’s top entertainment news including how a child sex abuse scandal at the BBC, the merger of publishing giants Penguin and Random House, and an Amy Winehouse musical.
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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 114: Hollywood Overflows With Streaming Content Deals
August 1, 2011
Digital distribution of television shows, movies and music has become quite trendy in Hollywood. Not a week goes by that companies such as Netflix, Spotify, Hulu and others aren’t in the news cutting some sort of deal with a big studio, television network or record label. This past week retail giant Amazon and online video portal YouTube made big additions to their streaming content libraries while Fox decided to limit those who could view their shows online. We provide a rundown of all the recent announcements and what they might mean for you, the consumer.
We are also joined by Roger Goff, an entertainment attorney with Wolf, Rifkin, Shapiro, Schulman & Rabkin. He helps us understand a few recent lawsuits filed by television producers, especially one in which the producer of “American Idol” is suing Fox over not being made an executive producer on the upcoming reality series “X-Factor”.
Speaking of legal issues, it turns out the NBCUniversal Comcast merger wasn’t as much of a done deal as everyone thought. A federal judge is threatening to hold up approving the union claiming it may not be in the “public interest”.
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