Showbiz Sandbox 614: Streaming Fraud Is Costing Musicians Billions
April 10, 2023
When the recording industry first moved online in the early 2000’s piracy was driven by fans illegally downloading music through services like Napster. These days piracy is being committed by the music industry itself through streaming fraud. Artists and/or record labels are generating millions of fake automated streams to pump up playback numbers with the aim of receiving higher royalty payments. It’s costing musicians a lot of money and, though the industry knows it’s a problem, they haven’t agreed on a way to fix it.
Meanwhile, all those news stories during the pandemic about the death of movie theaters aren’t aging very well. Box office is recovering all over the globe thanks to surprise hits such as “The Super Mario Bros. Movie.” And the best is yet to come since most of this year’s Hollywood blockbusters have yet to be released.
Of course we also cover the week’s top entertainment headlines including how two new “Shrek” films are in the works, the musical “Wicked” the fourth longest-running Broadway show in history, and why the members of Motley Crue are suing each other.
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Showbiz Sandbox 597: Audiobooks Are Changing Our Reading Habits
October 11, 2022
Audiobooks have slowly gained enough market share in the publishing industry that the medium now rivals print and ebooks in terms of sales and consumption. How audiobooks are changing the way we read is a question Karl Berglund of Uppsala University in Sweden set out to answer through a study analyzing a large amount of quantitative data from Swedish readers for his upcoming book “Reading Audio Readers: Book Consumption in the Streaming Age.” Berglund joins us to discuss his findings and what they could mean for the publishing industry.
Netflix has certainly changed viewing habits with all of its original programming streaming directly into homes. However, after striking a new deal with some of the world’s largest movie theater chains, the company will distribute the sequel to “Knives Out” for a single week in over 600 cinemas a full month before releasing the title on its own platform.
Of course we also cover the week’s top entertainment headlines including how titles from four different streaming platforms all hit more than a billion minutes of viewing in the same week, what productions to see in London’s West End and Pink Floyd’s back catalog is up for sale.
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Showbiz Sandbox 546: The Best Music You’ve Never Heard — 100 Flop Albums
June 22, 2021
Musician Sal Maida and music writer Mitchell Cohen have been thumbing through record store bins for decades looking for great albums. Now they’ve teamed up to write “The White Label Promo Preservation Society: 100 Flop Albums You Oughta Know,” a book that dives deep into great music which doesn’t make the usual “best of” lists but is definitely worth a listen. Plus, they recruited a lot of their friends like Marshall Crenshaw, Peter Holsapple and Jim Farber.
Kevin Feige may be in charge of Marvel Studios but is a little puzzled too about how to add up streaming numbers. He mentioned that since Nielsen doesn’t publish streaming viewership he doesn’t know how to tell if “WandaVision” or “Loki” are hits. Could this be true? We find it a bit unlikely that Disney is hiding such data from Marvel.
Of course we also cover some of the week’s top entertainment headlines including Amazon Studios plans for diversity, Roku claims the Quibi shorts are actually popular after all and the “Book of Mormon” musical may get a rewrite when it reopens.
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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 476: Four Movies Top This Years Oscar Nominations
January 14, 2020
When the nominations for the 92nd Annual Academy Awards were announced on Monday morning, for the first time in history four films wound up earning ten or more nods; “1917,” “The Irishman,” “Joker,” and “Once Upon a Time… in Hollywood.” While the media will focus on who was snubbed or the lack of diversity among nominees, the real story is just how wide open this year’s highly competitive Oscar race truly is.
Will this be the year that Netflix wins a Best Picture trophy? They wound up earning more total nominations than any other studio (or streamer). As well, a record 62 women received nominations, though filmmaker Greta Gerwig was overlooked as a director for “Little Women”.
Meanwhile, as CES wrapped up in Las Vegas last week a new standard could make televisions a lot friendlier when it comes to showing movies. And Jeffrey Katzenberg showed up to tout his new short-form video streaming service.
Of course we also cover the week’s top entertainment headlines including “Hamilton” closes in Chicago after earning $400 million, some drama in the romance literary world and streaming music hits an all time high.
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Showbiz Sandbox 420: A Closer Look at the Current State of the Publishing Industry
August 20, 2018
When we talk about the publishing industry, we are usually looking at the trade market. Those are the books sold in bookstores, like the latest Stephen King title. But the publishing industry is made up of more than just trade. For instance, there’s also the education market like college and high school textbooks. While trade publishing has modestly righted itself revenue-wise over the past few years, all these other segments are down in sales, sometimes considerably.
Meanwhile an entire week has gone by without MoviePass changing the terms and conditions of its cinema-going subscription plans. Even so, the company’s investors are not happy and are suing the owners for tanking the stock.
We’ll also take a closer look at the music industry paper published by Citigroup last week. A lot of industry players have very convincing reasons why the way the report calculates its revenue and statistics is all wrong.
Of course we also cover the week’s top entertainment news including how Conan O’Brien is trimming his nightly talk show to a half-hour, Sony Music will distribute the earnings from its Spotify investment to artists and the streaming television series that has hundreds of millions of viewers in China.
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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 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 408: CinemaCon Shrugs Off Unwanted Disruptions
April 30, 2018
Movie theater owners from around the world descended upon Las Vegas for CinemaCon last week. Studios wooed exhibitors with clips from upcoming film releases while industry manufacturers lured attendees with the latest technology, including high-resolution LED screens as a method of showing movies to the masses. Much like the subscription service MoviePass, the screens left cinema operators wondering if they were just one more “innovation” nobody had asked for.
Meanwhile “Avengers: Infinity War” broke box office records both in North America and globally when it opened over the weekend. The latest Marvel superhero movie earned over $640 million in just three days, putting it on track to pass the billion dollar mark.
Speaking of “war,” one is brewing between the Writers Guild of America and talent agencies. The WGA wants to cancel their current agency agreements and rewrite them to prevent franchised agents from profiting off of packaging deals with television networks. Such arrangements currently allow agents to double dip and at times earn more than their clients for a project.
Of course we also cover the week’s top entertainment news including Steven Spielberg signing on to direct the movie adaptation of DC Comic’s “Blackhawk,” the next “Star Trek” film lands a female director and Bill Cosby is found guilty of sexual assault.
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Showbiz Sandbox 382: Safety On Hollywood Sets Thrust Into Spotlight
October 3, 2017
When the star of a popular television series was involved in a car accident after a 14-hour day of production it prompted an investigation into the safety of the show’s performers. It also called attention to the simmering issue in Hollywood over on-set safety, which in recent weeks has included the death of a stunt person arguably not trained for the stunt they tackled and the possible murder of a location scout.
In the United States last summer’s box office might have been down, but popcorn sales are up. That’s not enough to keep independent movie theater owners happy. They’re suing the chain Landmark on antitrust grounds. Coincidentally, Landmark sued Regal over the very same issue a few years ago.
Meanwhile, an audit conducted by the MPAA of Chinese revealed that movie theater operators in the country are consistently underreporting ticket sales costing the studios millions of dollars in grosses. Fixing the problem can be a long political process.
Of course we also cover the week’s top entertainment news how Hulu is outbidding Netflix on library content, the reboot of “American Idol” rounds out its judges panel and the big lawsuit between two TV ratings aggregators.
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