Showbiz Sandbox 162: Did The Justice Department Destroy The Literary Ecosystem With E-Book Settlement?
September 10, 2012
Despite strong opposition from authors, publishers, retailers and the public, the U.S. Department of Justice settled their anti-trust case with three major publishers over e-book price fixing. Even an explanatory comic strip from a well regarded copyright attorney couldn’t prevent a ruling that some industry analysts say will enable Amazon to dominate the market. However, not all involved parties have settled, with Apple, Macmillan and Penguin awaiting trial on the charges.
The headlines weren’t any better for the movie business, where theatrical attendance over the past weekend was the worst on record in more than 10 years. It probably doesn’t help that Fox announced they would make movies available for digital download shortly after they hit theaters.
On the other hand, magazine publishers have a lot to cheer about for a change, especially when it comes to the skyrocketing sales of overseas titles.
Of course we cover all the week’s top entertainment news including the return of ratings powerhouse “Sunday Night Football”, Daniel Craig’s future as James Bond and why the Oscars telecast will be singing a new tune next year.
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Showbiz Sandbox 158: A Rundown of The Year’s Top-Earning Authors
August 13, 2012
James Patterson tops the list of this year’s highest-paid authors according to Forbes. Working with a team of writers Patterson published an astounding 14 best-selling novels in 2011 to earn an estimated $94 million. Joining Patterson were regulars such as Stephen King and John Grisham among others, as well as newcomer George R.R. Martin whose “Game Of Thrones” series has become a best seller.
The Summer Olympics came to a close over the weekend. This must be disappointing to NBC which was just getting used to actually having an audience for a change. In fact, ratings for coverage of this year’s games set viewership records in both North America and Europe.
On previous episodes we’ve mentioned Hollywood’s new-found appreciation of China and it seems to only be growing. Last week filmmaker James Cameron announced the expansion of his 3D production company through a joint venture in China and DreamWorks Animation said they had agreed to work with a group of Chinese investors to develop a $3.1 billion culture and entertainment district in Shanghai.
We also cover the week’s top entertainment headlines including how Google plans to punish copyright thieves, a rumor that dead pop stars will perform on this season’s “X-Factor” and plans to adapt a cult 80’s television show featuring an alien puppet into a hit movie.
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Showbiz Sandbox 157: Which Summer Blockbusters Will Spawn Sequels
August 6, 2012
Though the summer movie season isn’t quite over, its never too early to start debating which of this year’s crop of releases will have studio heads clamoring for a sequel. It’s safe to say neither “John Carter” or “Battleship” will get the sequel treatment. But what about hits such as “Men In Black”, “Ice Age”, “Madacascar” and “Ted”? The Hollywood Reporter has the lowdown on what studio heads are thinking, and it’s always fun trying to second guess them.
Speaking of summer blockbusters, the Olympics continues to pull in huge viewership for broadcasters around the world. In the United Kingdom, the host nation for this year’s games, the BBC has gone interactive with its broadcasts by allowing viewers to program special channels with coverage of any event they want to see.
Meanwhile, a number of large North American cable providers held their second quarter earnings calls last week. Despite a declining subscription base and increased content costs, profits at the companies are up and their executives couldn’t be happier. We’ll tell you why.
We also cover the week’s top entertainment headlines including Snoop Dogg’s reggae transformation, rumors that Nick Jonas will join “American Idol” and a new poll dethrones “Citizen Kane” and crowns a new winner as the greatest film of all time.
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Showbiz Sandbox 156: Olympic Telecasts Turn Everyone Into A Sports Expert
July 31, 2012
The 2012 Summer Olympics got off to an auspicious start last week with coverage of the opening ceremonies earning record ratings. With broadcasters presenting events live on multiple channels, as well as streaming online, it’s never been easier to keep up with the games. We review how broadcasters are covering the Summer Olympics, not to mention explain why there always seem to be empty seats at sold-out events.
Meanwhile, the aftershock of the “Dark Knight Rises” theater shooting in Aurora, Colorado continue to ripple through Hollywood. Box office grosses were down significantly over the past weekend, though it is hard to know if moviegoers are staying away out of fear, or if something else is deterring them from theatres … like coverage of the Olympics.
Maybe cinema patrons are simply staying home to watch Netflix. Despite turning a profit and increasing their subscriber base, the company’s stock price declined. This didn’t stop Netflix from announcing they would soon be launching their movie rental service in Western Europe.
We also cover the week’s top entertainment headlines including a third “Hobbit” movie, what caused Warner Bros. to sue Amazon users and why the FCC fined Comcast.
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Showbiz Sandbox 110: “Transformers” Proves Mediocrity Makes Money
July 6, 2011
When “Transformers 3: Dark of the Moon” hit theaters over the Fourth of July holiday weekend fans of the franchise were relieved to discover it wasn’t nearly as bad ad the second film. That seems to be a fairly common response to Michael Bay’s latest critic-proof popcorn blockbuster. The highly anticipated movie made nearly $400 million at the worldwide box office in its first week explaining why studios love such formulaic dreck and all but ensuring another sequel.
Last week also saw the sale of MySpace. The once dominant social network Internet site which was once valued at $12 billion was sold by News Corp. at a loss for a mere $35 million. What may be more surprising than anyone actually wanting to buy MySpace is that pop star Justin Timberlake has been tapped to help turn the company’s fortunes around by focusing on music.
Speaking of music, NPR tried to figure out how much it costs to make a hit pop song by examining the finances behind Rihanna’s recent single “Man Down”. Apparently all it takes is $1.1 million in production and promotions costs and 12 minutes to right the lyrics.
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