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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Showbiz Sandbox 412: Canceling “Roseanne” Was A No Brainer for ABC

June 4, 2018

Never before has a major broadcast network canceled a number one rated television show, let alone done so within hours of a brewing controversy sparked by one of its stars. Yet that’s exactly what happened last week when a racist tweet from Roseanne Barr caused ABC to ax the popular reboot of her eponymous hit sitcom. What’s remarkable is not only the unprecedented nature of the move, but more so the speed at which the decision was made and carried out.

Meanwhile the Tony Awards are being held next week to honor the best new Broadway productions, however there is little suspense over who will win since it’s already seen as a foregone conclusion. That’s why we look ahead to next year’s theater season and tell you which shows we’d back as investors.

And MoviePass is once again in the news, though this time it’s not for their subscription movie ticket service but rather a film they are co-distributing in North America. Turns out they may have an indie-hit on their hands.

Of course we also cover the week’s top entertainment news including why YouTube stars are so stressed out, how much Taylor Swift is raking in with her latest tour and Neil Portnow will step down as the head of the Recording Academy.

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Showbiz Sandbox 411: Everybody Has An Excuse For Lackluster “Solo”

May 28, 2018

On paper Han Solo seemed like the most obvious character for which to pursue a standalone Star Wars spinoff, however the resulting movie, “Solo,” opened to less than stellar numbers. What’s worse, the movie didn’t fly internationally either. Whether it was the film’s highly publicized production troubles or a case of franchise fatigue, everyone involved will be able to point the finger at someone else for the end result.

Meanwhile, just as Disney begins reexamining how many Star Wars films they should release in a single year, they may have to revise their offer for Twentieth Century Fox. Comcast came along last week and beat Disney’s purchase price, upping the ante to $60 billion in what would be an all-cash deal.

Production coordinators aren’t asking for that kind of money, but they are asking to be unionized. Such a move might help those who are employed in what has become an essential position on any film or television crew from having to renegotiate their fees on every new production.

Of course we also cover the week’s top entertainment news including a K-Pop band tops the billboard charts, Harvey Weinstein is charged with sexual assault and James Bond heads to Universal Pictures.

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Showbiz Sandbox 410: In a Global Landscape the Cannes Film Festival Remains as Relevant as Ever

May 21, 2018

Despite all the griping over the lack of glitz and glamour, or at the very least big movie stars, at this year’s Cannes Film Festival, the event lived up to its reputation for programming some of the most artistic movies currently being made around the world. When the Palm d’Or was handed out over the weekend it went to Japanese director Hirokazu Kore-eda for his touching family drama “Shoplifters.” Spike Lee’s “BlacKkKlansman” won the Grand Jury Prize and the Lebanese filmmaker Nadine Labaki was awarded the Jury Prize for her movie “Capernaum,” about a scrappy young boy dealing with the hardships of life ont he street in Beirut.

China too is becoming more diverse when it comes to the movies it is allowing in multiplexes. While Hollywood was quick to dominate the market with big blockbusters, Chinese distributors showed up in Cannes to acquire mid-budget titles from around the world.

Meanwhile, the mounting number of mergers and acquisitions of global media companies have begun to cause a chain reaction where each deal may affect the next. The latest merger has caused CBS to sue its parent company to prevent a merger with Viacom.

Of course we also cover the week’s top entertainment news including a movie deal for a Lin Manuel Miranda musical, YouTube tweaks its music subscription service and Congress looks to extend copyright protections.

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Showbiz Sandbox 405: Hollywood Adopts A Queer Gaze as LGBTQ Films Go Mainstream

March 26, 2018

Hollywood studios are no strangers to coming-of-age romantic comedies (see any John Hughes film), but never before has a mainstream film centered around a gay teenager. Even so, Twentieth Century Fox didn’t cover up the subject matter of “Love, Simon” and instead used it in their marketing campaign.

What’s more, such films are now being made by members of the LGBTQ community lending them a sense of credibility through what Los Angeles Times film reporter Tre’vell Anderson calls the “queer gaze”. Anderson joins us to discuss the present state of queer films and the future of a genre that is becoming more prominent.

Meanwhile the music industry has something to celebrate as 2017 marked the second year in a row with double digit revenue growth. Streaming services accounted for more than half the year’s total earnings, which are finally back at 2008 levels.

Of course we also cover the week’s top entertainment news including some of the changes taking place at this year’s Cannes Film Festival, Bruce Springsteen extends his stay on Broadway and online piracy continues to grow.

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Showbiz Sandbox 403: Justice Department Makes Its Case Against AT&T-Time Warner Merger

March 12, 2018

As the Department of Justice prepares for its antitrust trial to prevent the merger of AT&T and Time Warner, they are submitted a brief to the court claiming the outcome of the case shape how video-content is delivered in the United States for years to come. They believe the merger will stifle competition, prevent competitors from entering the market and ultimately disadvantage consumers. If the government succeeds in court, could they go after Comcast NBCUniversal next?

Meanwhile, even though the Academy Awards were last week, Academy Award preferential balloting, there is still some debate over the preferential balloting system used to select Best Picture. Does the method lead to a consensus choice rather than the film most people voted for in the first place? Certainly, complaints about Best Picture winners are not new, nor is preferential balloting, which was first used at the Oscars n 1934.

The Fox television network plans on cutting advertising on its primetime lineup down to two minutes per hour by 2020. This comes as NBC and CBS recently announced similar ad-limiting initiatives. Why are TV networks suddenly so keen to dump their lucrative advertising and how will they make up that lost revenue?

Of course we also cover the week’s top entertainment news including how “Hamilton” has conquered the West End in London, e-sports turns into a billion dollar business and Facebook will broadcast Major League Baseball games this season.

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Showbiz Sandbox 401: Redbox Beats Disney At Their Own Copyright Game

February 26, 2018

In the first round of a copyright infringement lawsuit, Disney failed to win an injunction preventing the DVD rental company Redbox from selling digital copies of its films. Instead, a judge ruled that since Redbox is forced to buy retail copies of Disney films, they have the right to sell the digital copy that accompanies each disc. To make matters worse, the federal court faulted Disney for copyright misuse, making the studio vulnerable to an existing countersuit filed by Redbox.

While Disney and Redbox duke it out in court over copyright issues, the cinema-going subscription company MoviePass is suing an upstart competitor named Sinemia over patent infringement while at the same time trying to straighten out its customer service.

In China the Lunar New Year closed out by bringing in $500 million at the box office, the highest weekend tally ever recorded in a single market. In total, the country took in whopping $901 million during the Spring Festival.

Of course we also cover the week’s top entertainment news including why actor Brendan Fraser disappeared from Hollywood, The Weinstein Company is forced into bankruptcy and Netflix debuts its first Arabic content.

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Showbiz Sandbox 398: Streaming Services Crowd The Field During Super Bowl

February 5, 2018

The ratings for this year’s Super Bowl may have declined 7% and we might know why. After all, there were ads for Hulu, Netflix movies like “The Cloverfield Paradox,” Amazon Prime’s Jack Ryan series and even a few movies that might appear in theatres later this year. Oh, there was also a pretty good football game that came down to the last play.

The big game usually puts a damper on the box office in North America, but it certainly doesn’t help when new releases can’t hold their own against titles that opened in December. Even so, international grosses are where all the action is these days and over the past week a Bollywood title managed to beat out the latest “Maze Runner” installment in China. We’ll explain why.

Meanwhile, the Oscar race is coming into sharper focus now that the Director’s Guild has handed out their top awards to “The Shape of Water” and “Get Out”. It’s important to remember however, that the preferential ballot has managed to upend the Best Picture category recently.

Of course we also cover the week’s top entertainment news including why there is a petition for RIAA president Neil Portnow to resign, compact discs are slowly disappearing from retail outlets and Netflix may team up with Luc Besson.

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Showbiz Sandbox 395: The Future of Television Is Now and It’s Online

January 15, 2018

Though the number of pay-TV subscribers grew by 1.2% last year, in mature media markets consumers continue to cut the cord, migrating to over the top (OTT) services provided by an increasing list of streaming services. In fact, Hulu just announced they now have 17 million subscribers for their on-demand and live-TV services. The promise of a future wherein we could watch whatever we want, whenever we want may finally be here. Now all we need is half a dozen streaming subscriptions.

Meanwhile, as the Directors Guild of America and BAFTA announce their nominees for year end honors, the awards season begins to further define some of its frontrunners. Though not always telling of who might wind up on Oscars shortlist, “The Shape of Water” and “Three Billboards Outside Ebbing, Missouri” continue to rack up the most nods.

And unfortunately cases of sexual misconduct continue to make headlines. The revered French actress Catherine Deneuve joined 100 other women from France to accuse the #metoo movement of having a pack mentality that sometimes mistakes flirting for sexual assault and winds up destroying people’s lives in the process.

Of course we also cover the week’s top entertainment news including why YouTube is facing a backlash over a post by one of its popular vloggers, “Modern Family” will end after its tenth season and why Radiohead might be suing Lana Del Rey over copyright infringement. Read more

Showbiz Sandbox 392: Awards Season Begins To Take Shape

December 11, 2017

You know you’re in the thick of the awards season when you have to complain about who was snubbed and overlooked when the Golden Globe nominations were announced. “The Shape of Water” and “Big Little Lies” led this year’s nominees, as women filmmakers were shut out. Then there is the nomination for “Get Out,” a horror film, in the music and drama category, which makes even less sense.

One filmmaker who probably won’t be attending the Golden Globes this year is Bryan Singer. The filmmaker behind the X-Men franchise was fired from his latest film “Bohemian Rhapsody” after disappearing from the set. Singer cried foul and said he was caring for an ill parent, though it turns out a civil case was filed against him over a 2003 sexually assault of a 17-year-old boy.

Speaking of sexual misconduct, Time magazine named all the women who have come forward to tell their own stories of sexual harassment and assault, especially in Hollywood, as their person of the year. Accusations continue to surface about those in front of and behind the camera with the number of incident showing no sign of abating anytime soon.

Of course we also cover the week’s top entertainment news including J.K. Rowling defends casting Johnny Depp in the “Fantastic Beasts” movie, why the release of John Travolta’s mobster biopic “Gotti” was delayed and Alec Baldwin preps a talk show.

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