Showbiz Sandbox 570: The Realistic Future of a Mature Netflix
January 26, 2022
When Netflix was just shy of meeting its estimated new subscriber growth during the last financial quarter it faced immediate repercussions as its stock price plummeted over 20% in a single day. We explain why Netflix is not suddenly a failing company, it’s just one in a mature market of its own making. Even so, Netflix’s sudden deflation has given Hollywood’s media giants cause for concern, since most of them followed the company’s lead by launching their own streaming services.
Meanwhile the Sundance Film Festival, which usually takes place in Utah each January was forced by COVID forced to go virtual for the second year in a row. However, even remotely, the festival remains one of the premiere launching pads for independent film and, at the halfway point, we’ll tell you what titles are generating all the buzz.
Of course we also cover the week’s top entertainment headlines including Microsoft’s big video game acquisition, YouTube stops paying for original content and Adele postpones her Las Vegas residency.
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Showbiz Sandbox 569: Are Music Catalog Deals Overvalued?
January 18, 2022
Every week it seems another aging artist is selling off their music publishing rights for exorbitant amounts. Bob Dylan, Paul Simon, Tina Turner, ZZ Top, David Bowie’s estate and recently Bruce Springsteen. Why are so many back catalogs for sale and are they really worth hundreds of millions of dollars? Ryan Faughnder, a staff writer at the Los Angeles Times discusses his latest article which tackles this very issue.
Meanwhile, streaming numbers for television shows, series, and movies for the last few weeks of 2021 were finally published. The top ten original programs were dominated by Netflix, which might be why they decided to “update” their pricing. Translation; they are raising prices, at least in North America.
Of course we also cover the week’s top entertainment headlines including why the British government is freezing funding for the BBC, Spotify shutters its podcasting studio and this year’s SAG Awards nominations.
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Showbiz Sandbox 564: Film Critics Start Selecting the Best Movies of 2021
December 7, 2021
It’s that time of year when Film Critics Start Selecting the Best Movies of 2021 for newspapers, magazines and websites begin naming their favorite movie releases. The National Board of Review named its favorite film of the 2021, then proceeded to name 32 more in various categories. The New York Film Critics were tougher however, naming five top films in categories like nonfiction, debut film, animated feature and foreign language. We discuss where any awards season favorites are beginning to stand out.
Thankfully, movie theatres around the world are mostly open, allowing audiences to catch up with some of the critics top picks. However, a new COVID variant named after what would appear to be a character out of a Transformers movie, is temporarily shuttering cinemas in various parts of the world such as China and Russia.
Of course we also cover the week’s top entertainment headlines including why CNN fired the host of its highest rated news program, the Grammys clarify who can be nominated as a songwriter and the reason Middle Eastern countries won’t show Steven Spielberg’s take on “West Side Story.”
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Showbiz Sandbox 563: The Grammy Nominations Are Bigger and More Baffling Than Ever
November 30, 2021
When this year’s Grammy nominations were announced last week the Recording Academy made a last minute decision to expand some of its biggest categories from eight to 10 nominees. This allowed popular artists like Taylor Swift, Kanye West and Lil Nas X to be included in this year’s list. While this generates a small amount of grumbling, we discuss why it may not be such a bad move.
Meanwhile the Thanksgiving weekend helped the worldwide box office continue to recover from the ongoing pandemic. Still some industry watchers are dismayed that popular releases like Disney’s “Encanto” and the latest “Ghostbusters” aren’t opening to bigger numbers. Though, when you have studios claiming blockbusters such as the Queen biopic “Bohemian Rhapsody” are still in the red after earning nearly a billion dollars, would it really matter if they doubled their opening weekend gross?
Of course we also cover the week’s top entertainment headlines including how Adele got Spotify to stop shuffling around, The Weeknd breaks a long-standing record on the music charts and Netflix (sort of) becomes more transparent with viewership data.
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Showbiz Sandbox 562: The Death of Network Television Is Greatly Exaggerated
November 16, 2021
While the entertainment industry and Wall Street may be distracted by the growth of streaming services and their subscriber numbers, senior network television executives are reminding everyone that linear TV is far from dead. In fact, according to the latest viewing metrics, more audiences are tuning into network television programs on a consistent basis than actually watch streaming content.
Meanwhile, while the fall film festival season may be dominated by events in Toronto, Telluride and Venice, there are still a number of festivals taking place that are just as noteworthy, including the AFI Fest and Doc NYC. We’ll discuss some of this year’s official selections at both of these festivals.
Of course we also cover the week’s top entertainment headlines including why a high profile director walked away from the next Star Wars movie, Peter Jackson sells his special effects toolkit and Spotify starts a new chapter in streaming.
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Showbiz Sandbox 561: After “Squid Game,” Korea Wants Netflix to Pay Up
November 9, 2021
Though Netflix’s expensive blockbuster “Red Notice” is getting little notice in movie theatres, the company’s signature streaming service is thriving. In fact, its series “Squid Game” is so popular around the world that in Korea Netflix is being barraged with questions about paying for the cost of the increased streaming traffic it continues to generate.
Meanwhile, a music festival in Houston headlined by Travis Scott left at least eight concertgoers dead and scores injured after they were crushed when the audience surged toward the stage. We’ll explore the poor choices made by Astroworld’s promoters that lead to the tragedy.
Of course we also cover the week’s top entertainment headlines including why the BBC may lose funding, Netflix launches its mobile games and the Justice Department wants to stop two of the world’s largest book publishers from merging.
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Showbiz Sandbox 558: Hollywood Workers Scrutinize Gains In New Contract
October 19, 2021
At the eleventh hour the International Alliance of Theatrical Stage Employees (IATSE), the union representing film and television production workers, negotiated a new contract with studios and networks. What is still unclear is whether workers are grateful about averting a strike or upset they didn’t gain more. Besides gaining wage increases, the union was aiming to clamp down on workplace conditions that lead to long, exhausting hours.
Meanwhile, across the entertainment business, the black hole of data is getting bigger. We don’t really know what streaming shows are popular, we can’t add up all the ways people consume music, TV producers are struggling to prove they’re reaching a lot of eyeballs and Broadway has stopped reporting grosses. Is this just annoying for journalists or a real problem for the industry as a whole?
Of course we also cover the week’s top entertainment headlines including why the Grammys are booting Kacey Musgraves from the country music category, Elton John sets a new record on the music charts and Disney loses a key, veteran executive.
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Showbiz Sandbox 556: The Emmys Crown the Streaming Era
September 21, 2021
When “The Crown” took home the prize for best drama at the 73rd Emmy Awards on Sunday it capped a years-long campaign mounted by Netflix to win one of television’s top awards. The streamer picked up a record-tying 44 Emmys including best limited series for “The Queen’s Gambit.” With the Apple+ series “Ted Lasso” winning best comedy, streaming services swept the awards.
Joining us to discuss the Emmys as well as all the movies she saw at the Telluride and Toronto film festivals is Anne Thompson, editor-at-large of Indiewire. She gives us a preview of all the films that were creating a buzz on their way to stirring up this year’s awards season.
Of course we also cover the week’s top entertainment headlines including why the West End is ditching matinees, Christopher Nolan heads to Universal Pictures and Fox picks up TMZ.
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Showbiz Sandbox 554: China’s Love Affair With Hollywood May Be Over
September 7, 2021
For years analysts have breathlessly insisted China would become the largest movie market in the very near future. Well, last year after North American movie theatres spent most of 2020 shuttered, China did manage to become the top earner and did so primarily with local content. However, after COVID gave it a win with an asterisk, Patrick von Sychowski, the editor of Celluloid Junkie, discusses why the Chinese box office may stumble as the industry recovers from the pandemic whereas the Indian market is primed to take off.
Despite all the hurdles of getting their movies released in China, Hollywood’s affinity for the Middle Kingdom has hardly waned. The recent record breaking opening of Marvel’s “Shang-Chi and the Legend of the Ten Rings” will surely provoke even more interest in chasing the Chinese market.
Of course we also cover the week’s top entertainment headlines including another delay for “Top Gun: Maverick,” Kanye West enjoys his tenth number one album and the pop group ABBA reunites after 40 years.
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Showbiz Sandbox 552: Disney and the Great “Shang-Chi” Experiment
August 19, 2021
First Disney tried to shame Scarlett Johansson for daring to sue them over the studios distribution strategy on “Black Widow.” Then during an earnings call the company’s CEO described the upcoming Marvel “Shang-Chi and the Legend Of The Ten Rings” as an “interesting experiment.” Simu Liu, the star of “Shang-Chi,” was quick to push back on such thinking, saying “We are the underdog; the underestimated.”
Meanwhile, actor Johnny Depp believes he is an underdog as well these days, claiming in an interview with The Sunday Times that Hollywood is boycotting him. International film festivals are doing the exact opposite however, honoring Depp for his body of work.
Of course we also cover the week’s top entertainment headlines including “Funny Girl” is headed back to Broadway, the television game show “Jeopardy” officially has two new hosts and production of “The Lord of the Rings” Amazon series moves from New Zealand to the United Kingdom.
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