Showbiz Sandbox 516: What Went Wrong With Quibi
October 27, 2020
Quibi, the bite-sized content platform founded by media mogul Jeffrey Katzenberg and business leader Meg Whitman, has been mocked since it was first announced. Now after six months and $2 billion, Quibi is kaput. Unable to find an audience, and despite a fruitless attempt to find a buyer, Quibi is officially shutting down.
The company insists people were gunning for them from the start, but the simple truth is that Quibi always seemed like a solution in search of a problem. Besides, however good the content may have been, it was going to be very hard to convince people to plunk down $5 a month just to watch random videos while commuting.
Of course we also cover some of the week’s top entertainment headlines including Netflix misses its third quarter subscriber goal, television ratings for live sports events plummets and box office continues to soar in China and Japan.
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Showbiz Sandbox 514: Has Disney Lost Its Soul?
October 13, 2020
As the COVID-19 pandemic wears on, things are not getting any easier for the Walt Disney Company. The company, long a cheerleader for the theatrical moviegoing experience, has just moved the latest Pixar film to its streaming platform, Disney+. Meanwhile, Disneyland still hasn’t been allowed to open and now a well known activist investor is making all sorts of problems for the media giant.
When cinemas do finally reopen there will be a glut of Marvel and DC titles trying to find release dates. Presently, they can only play at a drive-in, which by the way now qualifies a movie for an Academy Award. It’s also the only kind of movie theater New York Governor Andrew Cuomo is allowing to open.
Of course we also cover some of the week’s top entertainment headlines including why artists are debuting at the top of the music charts more frequently, why the ad spend during the TV upfronts is down this year and Broadway will remain closed until at least May of 2021.
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Showbiz Sandbox 513: How Can Movie Theaters Survive Without Movies?
October 6, 2020
Studios are pushing movie releases into 2021, with the latest James Bond thriller abandoning it’s scheduled November date in cinemas. Now major theater chains are shutting their doors once again. We’re joined by Patrick von Sychowski, the editor of Celluloid Junkie, to help us break down the present and predict the future of the cinema industry.
Meanwhile in China, movie theaters are not only open, they are bringing in big audiences who are off work during the country’s Golden Week. More than two films earned over $100 million at the Chinese box office this past week, proving cinemas can reboot after a coronavirus shutdown.
Of course we also cover some of the week’s top entertainment headlines including new charges against disgraced movie mogul Harvey Weinstein, some good news for junior players at United Talent Agency and some bad news for 28,000 former Disney employees.
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Showbiz Sandbox 510: Studios Play Hide and Seek With Box Office Data
September 15, 2020
Now that new movies are once again playing in reopened cinemas, studios are reluctant to report their pandemic crippled grosses lest their films be deemed publicly as financial flops. At least two studios are delaying box office reports of their latest releases in what many industry insiders fear is a new trend. Is it appropriate for distributors to break with a decades old tradition of reporting weekend grosses in the midst of COVID-19 or do they have the right to keep box office on their titles confidential?
Meanwhile, the Academy of Motion Picture Arts and Sciences announced a new diversity initiative for the Oscars. Now for a film to be eligible for the Best Picture category it has to meet at least two of four diversity requirements. It’s a thoughtful move, even if almost every film made in the last ten years can easily meet the new requirements
Of course we also cover some of the week’s top entertainment headlines including why Disney’s “Mulan” is stirring up unwanted controversy, a major talent agency finally agrees to the Writers Guild code of conduct and sales of vinyl records surpass compact discs for the first time in over 30 years.
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Showbiz Sandbox 509: The Five Stages of Box Office Recovery
September 8, 2020
After zeroing out for six months, the worldwide box office is roaring back to life, led by China and films like “The Eight Hundred” and “Tenet.” We’re joined by Robert Mitchell of Gower Street Analytics who helped develop a staged approach of measuring how the box office in various markets is rebounding and what to expect in the months and years to come.
Meanwhile Hollywood talent agents continue to migrate toward management firms, as the major agencies continue to furlough or layoff staff. Will some creatives choose not to have an agent at all moving forward?
Of course we also cover some of the week’s top entertainment headlines including how Nielsen has begun measuring streaming viewership by the billions of minutes, Tyler Perry goes on a production spree and a whole new way to (sort of) watch Netflix shows.
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Showbiz Sandbox 500: Hollywood Could Use A Social Media Coach
July 1, 2020
When it comes to social media, Hollywood seems to have a love/hate relationship. Celebrities and entertainment companies love being able to promote themselves and their latest work directly with fans and audiences, but they hate it when they get into trouble with their tweets and Facebook posts.
Our former co-host Karen Woodward works as a social media manager with some of the best and brightest in the entertainment industry. She stops by to explain how being earnest and sincere is the ideal approach to successfully tackling social media. Woodward also fills us in on the latest trends in social media and whether it’s worth getting onto Instagram and TikTok.
Of course we also cover some of the week’s top entertainment headlines including why the value of the music streaming service Spotify has skyrocketed, China cracks down on fan-fiction and IMDb wins a court case for the ages.
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Showbiz Sandbox 496: Hollywood Jumps On the TikTok Bandwagon
June 3, 2020
Even after the platform helped Lil Nas X turn “Old Town Road” into one of the most successful popular songs of all time, there are some (mostly older) demographics that are unfamiliar with the explosive popularity of the social media platform. Natalie Jarvey, the Senior Digital Media Editor at the Hollywood Reporter, joins us to discuss how TikTok is doing YouTube one better as a launching pad for new talent.
In fact, TikTokers with tens of millions of followers, many of whom are still teenagers, have begun to attract Hollywood talent agencies, record labels and major brands, ultimately leading to big paydays. However, as fast as TikTok became the social media flavor of the moment, could its star fade just as fast.
Of course we also cover some of the week’s top entertainment headlines including which major entertainment conglomerates are backing #BlackLivesMatters during recent civic protests, the Writers Guild of America takes aim at international residuals and “It’s Always Sunny In Philadelphia” sets a new record for a sitcom.
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Showbiz Sandbox 495: Coming Up With A Popular Method To Calculate Streaming Residuals
May 26, 2020
With audiences spending countless hours streaming video during the coronavirus pandemic, and with some movies once bound for cinemas bypassing theaters and going directly to video-on-demand, the issue over residual payments to those that make all the content has once again become a hot button issue. This especially true since global streaming subscription revenue doubled in four years to $37 billion in 2019 and is expected to hit $62 billion by 2024.
Rather than being based on box office, ratings or profits, when it comes to streaming, residuals turned into a low fixed annual payment, no matter how big a hit your series or movie was. Now the Writers Guild of America has proposed a tiered system based on viewership to make sure residual payments reflect the new streaming reality when it comes to the likes of Disney+, HBO Max and Netflix.
Of course we also cover some of the week’s top entertainment headlines including why “Batwoman” lost its star, People magazine heads to television and Joe Rogan’s podcast payday.
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Showbiz Sandbox 494: Broadway Productions Remain In The Dark About Reopening
May 19, 2020
Broadway theaters and their equivalent in the West End and local communities around the world face a much huge hurdle in reopening after being closed for months due to the COVID-19 pandemic. Productions now face challenges such as paying rent for theaters which aren’t holding performances, houses that don’t accommodate social distancing, an aging audience, a lack of tourists, canceled shows and more.
The list of delayed productions is too long to cover, but even shows on hold, shows that were touring or playing on Broadway are calling it quits. Last week, the Donna Summer touring musical shut down for good along with Disney’s “Frozen.” The musical was suffering from falling grosses, but even so, the move sent shivers through the Broadway community.
Of course we also cover some of the week’s top entertainment headlines including why the Hollywood Bowl is going dark for the first time in 98 years, bull riding competitions get the green light and which North American network topped the rating last season.
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Showbiz Sandbox 493: Rebooting Film and TV Production Won’t Be Easy
May 12, 2020
When most of the global entertainment industry shut down in March due to the COVID-19 pandemic, it wasn’t just movie theaters, concert halls and amusement parks that were affected. The sudden lockdown forced film and television productions of all kinds to be suspended, no matter what stage they were in. What has yet to be determined is how to start filming new shows and movies while keeping cast and crew safe.
Questions remain over everything from how to shoot love scenes moving forward, whether cast and crew should sequester themselves during production to how often everyone on set should be tested to how meal breaks should be handled. There are concerns over every aspect of a production, including craft services.
Of course we also cover some of the week’s top entertainment headlines including an increase in cord-cutting among cable subscribers, why a major Hollywood talent agency is struggling to survive the industry’s lockdown and how the Fox network is making their upcoming television season coronavirus-proof.
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