Showbiz Sandbox 636: Why Streaming Subscriptions Are Getting More Expensive
November 1, 2023
When Netflix announced its earnings for the third quarter of 2023 it also confirmed that it would be increasing prices for those that don’t want to view ads. Amazon recently said it would also be raising the price for the ad-free tier of Prime Video. It turns out these streaming services have discovered they make more revenue per subscriber when they are willing to watch ads. Now all they need to do is scale their advertising subscriber-base.
Meanwhile, there are signs that talks to settle the actors’ strike may be going well. Though the strike’s damages have already been done with studios postponing releases until 2025 and television ad rates plummeting.
Of course we also cover the week’s top entertainment headlines including why music publishers are taking legal action against artificial intelligence companies, how record labels are trying to prevent artists from re-recording their albums and the untimely death of Matthew Perry.
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Showbiz Sandbox 543: Amazon Grabs a Lion’s Share of MGM
June 1, 2021
In a move that had been rumored for weeks, Amazon became the first tech company to purchase a Hollywood movie studio in an $8.45 million deal. The acquisition will arm Amazon with over 4,000 movies like the Bond Franchise, “The Pink Panther” and “Robocop,” not to mention upwards of 17,000 television episodes. The real question is why did it take so long for a tech giant to buy a movie studio?
Meanwhile, a holiday weekend helped spark the post-pandemic North American box office as movies that were originally scheduled for release last year opened in theaters. Some new titles like “Cruella are also available on VOD at the same time. Is day-and-date releases hurting the box office prospects of such films?
Of course we also cover some of the week’s top entertainment headlines including the Academy Awards returns to its normal schedule, HBO Max is moving into Latin America and why “Friends” was censored in China.
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Showbiz Sandbox 482: Entertainment Industry Facing Coronavirus Challenge
February 24, 2020
For the past four weeks the Chinese government has mandated that all of its cinemas remain closed in hopes of preventing further spread of the Coronavirus, also known as COVID-19. Not that anyone would actually show up even if movie theaters were open since a majority of China’s population are avoiding public venues and gatherings. Having the second largest movie market in the world out of business for so long will surely affect the global box office, not to mention release dates.
As the Coronavirus reaches other countries and turns into a full-blown pandemic, cinemas in Northern Italy are shutting their doors in the wake of infestations and the popular Korean boy band BTS moved a press conference for its upcoming album to an online only event, rather than meet journalists in-person.
In the United States, the popular indie-cinema chain Alamo Drafthouse launched its own long-awaited subscription plan. We debate the merits of Alamo’s new program and what theater operators need to consider when adopting such a scheme.
Of course we also cover the week’s top entertainment headlines including soaring occupancy rates for Broadway productions, the United Kingdom embraces streaming in earnest and HBO Max will launch with a reunion of “Friends.”
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Showbiz Sandbox 455: The Business of Television Is Changing
July 15, 2019
It turns out members of the Writers Guild aren’t the only ones who want to overhaul the way television gets produced and paid for. Discovery Networks wishes to change how reality shows are funded in the United States, asking producers to foot the bill, rather than fund episodes up front. This is the same model employed in the European Union, however on that continent the producers maintain ownership of the content.
In another seismic shift, Disney TV Studios and Warner Bros. are letting the industry know that they want to change the way everyone working a television show gets compensated. Rather than the standard back-end profit participation model, the studios would pay one larger lump sum at the time of production for any of their broadcast, cable or streaming series.
Meanwhile, we’re learning that the reason censorship has grown tighter in China is thanks to the establishment of the new Central Propaganda Department. Perhaps those now in charge of monitoring the content of movies being distributed in the Middle Kingdom are still learning how spot objectionable content at the script stage.
Of course we also cover the week’s top entertainment headlines including a slump in the live music business, Nicki Minaj pulls out of a concert in Saudi Arabia and Netflix preps its most expensive movie to-date.
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Showbiz Sandbox 432: Peak TV Just Got Peakier
December 17, 2018
When John Landgraf, head of the FX network, proclaimed we had reached a state of “peak TV” back in 2015, he predicted the 422 television shows being produced at the time would inevitably decline since there was no way for audiences to keep up. Last year however, that number rose to 495 series being produced. To put this increase in perspective, there were 182 shows on the air in 2002.
It’s safe to assume these numbers are bound to rise with new entrants into the video streaming market launching in 2019 including Disney and WarnerMedia. What’s more, the annual amount of money being spent on all this content is astonishing with the likes of Netflix and Amazon each spending $8 billion and $5 billion respectively. And that’s nothing compared to the $22 billion Disney is shelling out.
Meanwhile, the awards season is underway with all sorts of groups weighing in on their favourites, including the Los Angeles Film Critics Association, the Golden Globes and the first awards that matter: the Screen Actors Guild. Spoiler alert: “Roma” just hit a roadblock.
Of course we also cover the week’s top entertainment headlines including the Grammy nominations, new entrants to the National Film Registry and Mariah Carey’s latest chart-topping hit is a quarter century-old Christmas song.
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Showbiz Sandbox 250: TV Ratings Have Become Messy, Misleading and Downright Maddening
September 22, 2014
Picking the winners and losers out of this year’s new television shows has never been more difficult. Just ask Marc Berman, editor-in-chief of TV Media Insights, joins us to explain how DVR’s and on-demand viewing have made overnight TV ratings very problematic. Berman says that these days the number of viewers watching a show when it airs is less important than its total audience during the week that follows.
Those looking for entertainment on a screen larger than the average television can head to movie theaters where they can watch the recently released “Maze Runner” in the new Barco Escape format. The experimental offering wraps three screens around the audience to provide a 270 degree viewing experience.
At the other end of the spectrum there are screens of a less significant size, like those found on the ever increasing number of e-readers. Amazon continues to improve its Kindle line and new the latest gadgets from Apple have excited publishing industry observers. We’ll explain why.
Of course, we also cover the week’s top entertainment news stories including Sony’s $2 billion loss, Stevie Wonder heads out on tour and the twentieth anniversary of the sitcom “Friends”.
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