Showbiz Sandbox 635: Deciphering Hollywood Hits and Misses
October 17, 2023
Hollywood studios often try to camouflage the success or failure of their movies. Sometimes they claim a film is unprofitable, yet go on to make several sequels, as Nu Image did with the “Has Fallen” franchise. Other times a studio insists a movie is a modest box office hit despite paying hundreds of millions for the underlying property, as with Universal Pictures’ recent “The Exorcist: Believer.” It many not matter to moviegoers, but it does to those with profit participation.
There is no denying that Taylor Swift’s “Eras Tour” concert film is a huge success after its weekend in cinemas around the world. Though it didn’t live up to early box office forecasts, its opening was three times bigger than any concert movie in history. It became the highest grossing such film of all time in North America after just three days.
Of course we also cover the week’s top entertainment headlines including the latest on the actors’ strike, some questions over Spotify’s audiobook offering and Microsoft finally completes its acquisition of Activision Blizzard.
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Showbiz Sandbox 603: Sports Programming Rules The Ratings In 2022
January 3, 2023
With 2022 now officially over, Nielsen announced the 100 highest rated primetime broadcasts of the year and sports programming dominated the list. Football was a big winner taking the top nine spots. The Oscars telecast was the only non-sports broadcast in the top 31 programs. “60 Minutes,” “NCIS,” “NCIS Hawaii,” “FBI” and other similar fare fill out the list, though sports account for 66 of the 100 slots.
Maybe that’s why YouTube has struck a seven-year, $2 billion per year deal with the NFL for the Sunday Ticket Package. That’s significantly more than what DirecTV was paying for the same deal, and they were losing a fortune offering the package each year.
Of course we also cover the week’s top entertainment headlines including another guilty verdict for Harvey Weinstein, Bill Cosby is planning a stand-up comedy tour and “Avatar: The Way of Water” surpasses $1 billion at the global box office.
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Showbiz Sandbox 555: Modern Media Consumption Metrics Are A Big Mess
September 14, 2021
Keeping track of television ratings, streaming viewership and music revenue has become a hopeless task in the digital age. Everyone is mad at Nielsen though how can they realistically capture all the eyeballs content on TVs, phones, laptops and tablets? Meanwhile, Billboard keeps changing the formula they use to count album sales by working in various flavors of streaming. What the most popular shows, movies, albums or songs are at any given moment has become impossible to decipher.
The good news is, according to new data from the Recording Industry Association, music revenue for the first half of 2021 grew $1.5 billion driven by music streaming, which accounted for 84% of the $7.1 billion earned.
Of course we also cover the week’s top entertainment headlines including an executive shakeup at Paramount Pictures, the outcome of Apple’s epic legal battle and the Venice Film Festival kickstarts this year’s awards season in a big way.
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Showbiz Sandbox 534: Do All The Streaming Numbers Add Up?
March 23, 2021
With world-wide subscriptions surpassing 1 billion last year, every movie studio and every television network is pouring money into streaming video services. They’re hoping to make more money with subscribers than the untold billions they’ve been raking in for decades at the box office, through advertising, in syndication or sales of Blu-Rays. And while these services are quick to tell us how many subscribers they have, it’s anyone’s guess as to how many people are actually tuning in to their programming.
Theatrical box office is another statistic that has gotten harder to track during the pandemic with many distributors delaying the reporting of grosses. Even so, the Motion Picture Association added up all the numbers for 2020 and reported that global box office was down over 70 percent to $12 billion.
Of course we also cover some of the week’s top entertainment headlines including the NFL’s new relationship with Amazon, Hollywood agencies are getting into celebrity estate management and a trip to this year’s SXSW Film Festival.
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Showbiz Sandbox 523: Who Owns The Copyright For The Ratatouille Musical?
January 8, 2021
The Pixar film “Ratatouille” is enjoying new life. The tale of a rat who becomes a gourmet Parisian chef has gone from one of Pixar’s animated blockbusters, to a TikTok meme taken on by a collaborative community to an actual honest to goodness online musical, complete with Broadway stars. But with so many people from all over the world working on the production, who owns the rights?
Meanwhile, in the ongoing dispute between William Morris Endeavor and the Writers Guild, the agency keeps insisting they’ve got a deal on a new code of conduct but the WGA keeps saying, not so fast.
Of course we also cover some of the week’s top entertainment headlines including how Amazon’s podcast maneuver, Quibi may have found a new home and why “The Great Gatsby” is now in the public domain.
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Showbiz Sandbox 461: A Crazy Example of Hollywood’s Gender Pay Gap
September 9, 2019
Pay disparity based on gender is not a new thing in the entertainment industry, especially in the movie business. History is rife with examples where leading men got paid multiples more than their leading ladies. However, gender pay gaps behind the camera aren’t often publicized. That wasn’t the case when Adele Lim, the co-writer of “Crazy Rich Asians” found out how much more her male co-writer was being paid for the sequels, she went public.
The good news according to a new study is that in front of the camera Hollywood is becoming more diverse. Women and people of color are being cast more than ever with 39 out of the top 100 films in 2018 featuring a female lead. Last year also marked a 12-year high for minorities being given speaking roles.
Meanwhile, advertisers and television networks are concerning themselves with a different set of numbers; viewership ratings. For the first time ever, Nielsen is counting all the people who watch TV in bars, airports and hotel lounges. Ratings will surely go up for some big categories such as sports. But will ad rates go up too?
Of course we also cover the week’s top entertainment headlines including why author Walter Mosley quit his “Star Trek: Discovery” writers gig, music sales are up for the year and, despite lots of new competition, Netflix looks poised to maintain its dominance of the streaming market.
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Showbiz Sandbox 459: Jay-Z Gets Played By The NFL
August 19, 2019
In a win-win for the American football and artist Jay-Z (or a lose-lose depending on your point of view), the National Football League is working with one of its biggest critics. Jay-Z has historically been very supportive of the NFL players who have used their visibility to bring attention to issues like police brutality. He also made clear that he wouldn’t perform at the Super Bowl Halftime Show. Now he’s signed a deal with the NFL to consult on the Halftime Show, NFL music in general and assist with other efforts to make the NFL and its entertainment more inclusive.
Many wondered why Jay-Z would enter into such an agreement when it seemed he had so much to lose and little to gain, especially when it appears as if the NFL is co-opting him. Perhaps the rumors that the rap and entertainment mogul wishes to to buy a significant stake in an NFL team are actually true.
Meanwhile in China, streaming giants such as Netflix, YouTube and eventually Disney+ were granted permission to launch their platforms in the country. That is so long as these companies play by some strict government rules. But what exactly that means, both in regards to mandated propaganda content and censorship remains to be seen.
Of course we also cover the week’s top entertainment headlines including CBS and Viacom get remarried, why Hong Kong protesters want to boycott the live action adaptation of “Mulan” and sales at bookstores decline this year.
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Showbiz Sandbox 389: The Ever-Growing List of Hollywood’s Sexual Harassment Accusations
November 20, 2017
Six weeks after allegations of sexual abuse and harassment against media mogul Harvey Weinstein were first reported by the New York Times, there seems no end to the number of Hollywood players being accused of misconduct. Kevin Spacey and Louis C.K. may be the biggest stars to have their careers upended thus far, but they won’t be the last as everyone from actor Jeffrey Tambor to talent agents to politicians and even journalists are having similar claims made against them.
The unanswered question is how the entertainment industry will implement changes to ensure sexual harassment will come to an end. Instead, there is concern of a backlash should the public grow tired of hearing about the latest offense to come out of Hollywood’s ranks.
Meanwhile, suing someone these days as become the industry’s second favorite past-time, right after wondering whose vile behavior will finally come back to haunt them. The hit TV show “Supernatural” is apparently losing money after years on the air, while director George Miller says “Mad Max: Fury Road” did not go over budget and he’s suing Warner Bros. to prove it.
Of course we also cover the week’s top entertainment news including some new FCC media ownership rules, Sony nabs Quentin Tarantino’s next movie and the NFL is still proving attractive to advertisers.
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Showbiz Sandbox 380: Hollywood Gets Pummeled by Rotten Tomatoes
September 12, 2017
With North American box office declining 15 percent over last year, Hollywood suffered its worst summer box office in 20 years. One main reason, studios believe, is the popularity of the movie review aggregation website Rotten Tomatoes, which brands titles as either “fresh” or “rotten”. The site has become so influential studios now try and game the system by handpicking critics for certain releases.
Disney, on the other hand, isn’t waiting for reviews to be in on its latest Star Wars movies before tweaking them. “Episode IX” is just the latest to lose its director over creative differences with Lucasfilm, which is quickly gaining the reputation as a tough place to be a filmmaker.
Meanwhile, one of North America’s largest brick-and-mortar book retailers reports that sales are off 6% in the latest quarter as consumers shift to buying online. Don’t worry however, the company has a great plan for fixing their sales problem; open more stores.
Of course, we also cover the week’s top entertainment news including how Amazon wants to produce a hit television show, the end of an era at Vanity Fair magazine and the mystery behind who will distribute the next James Bond movie.
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Showbiz Sandbox 379: Springsteen and Swift Beat Scalpers and Fans Pay The Price
September 4, 2017
New technology from Ticketmaster is allowing the likes of Taylor Swift and Bruce Springsteen to combat scalpers and sell tickets to legitimate fans. But at what cost? Swift is asking concert-goers to pay $63 for a physical copy of her latest album to get better seats and the ticket prices for Springsteen’s Broadway residency top out at $850.
Maybe these prices are simply musicians trying to make up for the earnings they’ve lost in record sales over the past 15 years. According to a new report from Goldmany Sachs though, the music industry is poised for explosive, make that historic; no, make that unbelievable growth. And we don’t believe it.
Meanwhile, as the summer moviegoing season in North America end in a thud with box office plummeting to record lows, bring the shares of major movie theater chains down with them. But are ticket sales the real reason behind the stock sell off.
Of course, we also cover the week’s top entertainment news including how Facebook is taking on YouTube with video content, “The Simpsons” lay off their beloved composer after nearly 30 years and a study says millennials are fleeing terrestrial radio.
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