Showbiz Sandbox 214: Go Big Or Go Home – Why Big Budget Blockbusters Are The Safest Bet In Entertainment
November 18, 2013
Over the past year filmmakers from Steven Spielberg to Steven Soderbergh have lamented over Hollywood’s love affair with expensive tentpole releases. However, according to Harvard Business School professor Anita Elberse the entertainment industry is obsessed with blockbusters because they work. She explains why in a wide ranging interview about her new book on the subject, “Blockbusters: Hit-Making, Risk-Taking, and the Big Business of Entertainment”.
Not only are the number of big budget films studios churn out on the rise, apparently so is the level gun violence in hit titles. After studying 945 movies released from 1950 to the present day, researchers discovered gun violence portrayed in movies more than doubled during the time frame.
Meanwhile, in the television world most have forgotten about daytime soap operas. That hasn’t kept companies like Prospect Park from trying to keep shows such as “One Life To Live” and “All My Children” alive online. Unfortunately, they don’t seem to be getting any help from the network that originally aired the soaps and are now going to court over the matter.
Of course, we also cover the week’s top entertainment news stories including a movie for Monster High dolls, a new HBO show for John Oliver, pricy reruns for “The Simpsons” and a new manager for the rock band U2.
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Showbiz Sandbox 211: Why Movie Studios Are Playing Musical Chairs With Release Dates
October 28, 2013
There was a time if a Hollywood studio pushed back the release date for one of its eagerly anticipated titles it signaled the movie might be in trouble. If there was ever a sign that such stigmas no longer apply when delaying a release date, one need look no further than this year. An overly crowded and competitive awards season has meant the release dates for a number of high-end hopefuls have been wisely pushed into 2014, including “Monuments Men”, “Foxcatcher” and “Jack Ryan: Shadow Recruit”.
Distributors in China, Japan and South Korea may soon have to start worrying about release dates too. Box office is surging to record levels in Asia, thanks not to Hollywood blockbusters, but rather homegrown productions.
If it were up to consumer electronics manufacturers, we’d all be watching movies at home on our new 4K Ultra HD televisions. Broadcasters, burned by the original conversion to HD and a string of 3D experiments, want to know who is going to foot the bill this time around.
Of course, we also cover the week’s top entertainment news stories including the new, yet familiar, writers taking on the “Star Wars” sequels, YouTube gets into the music streaming business and Netflix wants to make original movies.
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Showbiz Sandbox 210: Record Labels Look To YouTube As The New Radio
October 21, 2013
Instead of promoting new releases through traditional avenues such as radio and television, record labels are beginning to rely on YouTube as the most effective method for reaching younger audiences. As Dawn C. Chmielewski, an entertainment writer for the Los Angeles Times explains, its not just musicians that are getting a boost from this new practice, but also some of the self-made tastemakers who have become YouTube stars.
Television networks are also beginning to love technology, specifically DVRs. Though the industry has long despised the timeshifting devices which allow viewers to skip commercials, executives are once again discovering how they can significantly boost ratings.
Meanwhile, more details are emerging about why the film adaptation of “Fifty Shades of Grey” lost its male lead. Beyond being uncomfortable with his new found stardom, Charlie Hunnam was also pushing for script revisions according to some reports.
Of course, we also cover the week’s top entertainment news stories including why the creators of “South Park” missed the deadline for their latest episode, “The Lion King” becomes Broadway’s first billion dollar production and the hit television series “Glee” announces its final season.
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Showbiz Sandbox 208: Why Studios Are Reshuffling Their Executive Ranks
October 7, 2013
Movie moguls have always faced unreliable job security, though never more so than over the last two years. Beginning in early 2012 five of the six major Hollywood movie studios have fired their top executives and reshuffled existing management. We discuss what’s causing the studio shakeup and it it will affect the movies we see in years to come.
Soon enough unemployed studio big shots may be able to find work in South Korea’s film industry. With a wave of fresh homegrown talent and exciting new stories finding their way into theaters, the country’s box office has skyrocketed making it one of the world’s strongest movie markets.
When it comes to box office on Broadway, it’s become a tradition for productions to boast when they’ve broken even. This also means we can do some quick math to conclude how much it costs to keep a show up and running on a weekly basis, a figure that many productions don’t always like to share.
Of course, we also cover the week’s top entertainment news stories including David Letterman’s new late night contract, New York City Opera files for bankruptcy and a jury decides a concert promoter is not liable for the death of Michael Jackson.
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Showbiz Sandbox 206: Emmys Offer The Worst of Every Other Awards Show Rolled Into One
September 23, 2013
With Neil Patrick Harris as its host and a wide array of popular shows nominated for top awards, this year’s Emmys ceremony was primed to be a memorable one. The telecast was memorable alright, but for all the wrong reasons. If the Emmys were trying to combine all the worst elements of every other awards show, they succeeded.
It’s hard to determine precisely why this year’s Emmys just didn’t work. It could have been a weak opening, unnecessary musical numbers or the string of depressing memorials. Worst of all, the telecast didn’t provide viewers with a better understanding of the shows being awarded.
Meanwhile, one of China’s wealthiest citizens wants to spend over $8 billion building a movie metropolis that is meant to rival Hollywood. Some of the film industry’s most most recognized celebrities and important leaders have signed on to help the cause. The only question is… why?
Of course, we also cover the week’s top entertainment news stories including the billion dollar launch of “Grand Theft Auto V”, Britney Spears’ new gig in Las Vegas and why WikiLeaks has taken up film criticism.
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Showbiz Sandbox 191: The Misunderstood Math Behind Movie Ticket Prices
May 13, 2013
The average cost of a movie ticket dropped to $7.94 in North America during the first quarter of 2013. That’s according to the National Association of Theatre Owners, the trade group that keeps track of such figures. Patrick Corcoran, the vice president and chief communication officer of NATO, explains how the average ticket price is calculated and the perennial complaint that such a low amount can’t possibly be correct.
Meanwhile, television networks have been working overtime putting together their schedules for next season. That also means they’ve been making public which shows didn’t make the cut, a.k.a. got canceled. Did your favorite show survive for another season, or did it go the way of series such as “Smash”, which was axed as had long been predicted.
Such bad news isn’t something the Rolling Stones have to worry about. According to the legendary rock group’s concert promoter reports that tickets to shows aren’t selling is completely untrue. In fact, tickets were priced at an exorbitant $600 on purpose to keep the secondary market at bay.
Of course we also cover the week’s top entertainment news including YouTube’s pay channels, Barbara Walter’s retirement and legislation that calls for a la carte cable offerings.
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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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