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 568: Catalog Music Dominates Consumption on Streaming Services
January 11, 2022
Last year consumers listened to more music than ever before. However, according to a report from the analytics firm MRC Data, catalog music, albums and songs at least 18 months old accounted for 75% of music listening on streaming services. When it came to new music, artists such as Morgan Wallen, Olivia Rodrigo, Drake and Doja Cat, dominated streaming services. Maybe there’s a reason big legacy acts keep selling their back catalogs.
Speaking of legacies, unfortunately the first week of 2022 saw a number of beloved and legendary entertainment figures die, including actor Sidney Poitier, comedian Bob Saget and filmmaker Peter Bogdanovich.
Of course we also cover the week’s top entertainment headlines including how a spike in COVID cases has canceled an in-person Sundance and indefinitely postponed the Grammy Awards. Meanwhile, the Golden Globes were announced and we’ll tell you who won and whether anyone actually cares.
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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 541: AT&T Hangs Up On WarnerMedia
May 18, 2021
Not even three years after AT&T spent $85 billion to purchase Time Warner and form WarnerMedia, the telecom giant is calling it quits, agreeing to merge the content side of its business with Discovery. The deal would create a new media company positioned well to compete in the streaming market and a management team that is well versed in the entertainment business. The original acquisition of Time Warner always seemed questionable for AT&T, and ultimately left Warner Bros. in a bit of a mess.
Meanwhile, some music streaming services are adding hi-def audio to their offerings and, perhaps more importantly, not increasing the cost to subscribers. Since most new music can be found on all the streaming platforms, will high quality audio become a differentiator that attracts new customers or causes them to switch providers?
Of course we also cover some of the week’s top entertainment headlines including why Ellen DeGeneres is leaving her daytime television show, Disney’s new theatrical release strategy and this year’s entrants into the Rock and Roll Hall of Fame.
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Showbiz Sandbox 539: What the Roku and YouTube TV Dispute Means For Streamers
May 4, 2021
Roku and YouTube TV are locked in a very public dispute over a distribution agreement. Roku claims YouTube is playing games with its user data, while YouTube says it won’t share its user data with Roku. Now the YouTube TV app has been removed from the Roku channel store and if the fight escalates Roku could block the service entirely. We explain how this dispute could shape how viewers access streaming services in the future.
Meanwhile the Grammys are dumping the nominating committees which made the big decisions on major categories. These secret committees were originally created because the voters at large were missing obvious critical and commercial successes like The Weeknd.
Of course we also cover some of the week’s top entertainment headlines including how SAG-AFTRA is creating a certification for on-set intimacy coordinators, John Mayer will host his own music program and hockey gets a streaming payday.
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Showbiz Sandbox 532: Hollywood Jumps On The Email Newsletter Bandwagon
March 9, 2021
Email newsletters are the new black. Much like podcasts, every mainstream media outlet seems to be launching one. Ryan Faughnder, an entertainment business reporter with the Los Angeles Times, joins us to discuss the launch of The Wide Shot. Each week Faughnder takes an in-depth dive into a major Hollywood news story along with highlights of other key industry updates.
Meanwhile, there was more good news for “Nomadland” when the Critics Choice Awards were handed out, though the film hit a snag regarding its release in China. The Grammy Awards are next week and Michael Giltz tells us about his own favorite 2020 albums.
Of course we also cover some of the week’s top entertainment headlines including this year’s Producers Guild Award nominees, why the Dr. Seuss estate is pulling some of the author’s early books and how SoundCloud plans to change payments going to artists.
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Showbiz Sandbox 530: Spotify Leans Into Original Content
February 23, 2021
Spotify continues to be the most popular music streaming service in the world growing 24% over the past year to 155 million paid subscribers. However as the subscriber count rises, so too does the amount Spotify must pay in royalties. This might be why the company has been focusing on exclusive original content such as podcasts for which they don’t have to share revenue.
Meanwhile, the box office continues to recover from the pandemic, at least in China which set new records over the Lunar New Year holiday, proving that moviegoers actually will return to the cinemas when given the opportunity. Hollywood is rejoicing, even if North America and Europe is still six months away from getting back to normal.
Of course we also cover some of the week’s top entertainment headlines including the BBC’s new streaming service, Roku’s surprise profit and this year’s Writers Guild Award nominees.
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Showbiz Sandbox 527: Sundance Film Festival Overcomes Pandemic Hurdle
February 4, 2021
How do you hold a film in the midst of an infectious health crisis such as the COVID-19 pandemic? Just ask the Sundance Film Festival who managed to pull off a virtual film festival that felt quite similar to the real deal right down to the blockbuster acquisition deals for this year’s most popular titles. There was even a virtual bar for attendees to hang out and network with one another. We’ll fill you in on all the movies from this year’s festival that you’ll be hearing about throughout 2021.
Meanwhile, last year’s noteworthy movies and television shows are heading into a delayed awards season with the Hollywood Foreign Press Association announcing their Golden Globe Nominees. If the Globes are any indication, which is not always the case, then streaming services may dominate this year’s round of awards.
Of course we also cover some of the week’s top entertainment headlines including the AMC stock price surge, Warner Music goes solo and we may finally have seen the end of Peak TV.
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Showbiz Sandbox 519: A Year Without A Blockbuster Comic Book Movie
December 1, 2020
Though 2020 saw DC Films launch a Harley Quinn vehicle and Marvel finally released an X-Men spin-off “The New Mutants,” neither film set the world on fire. As “Wonder Woman 1984” heads to a hybrid streaming and theatrical release, it’s the final gasp of almost an entire year without any big comic book movies.
We ask veteran entertainment journalist Geoff Boucher whether we needed a break from all the cinematic heroics. As someone who has hosted countless CinemaCon panels, Boucher explains whether, after an endless stream of blockbuster Marvel and DC films, a year without a major comic book movie is such a bad thing.
Of course we also cover some of the week’s top entertainment headlines including this year’s Grammy Award nominations, Conan O’Brien is ending his late night talk show and why Quentin Tarantino’s next release may be headed straight to libraries.
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