Showbiz Sandbox 370: Tony Awards Prove Unnecessary For Some Broadway Shows
June 12, 2017
Historically winning a Tony Award can make a big difference in the financial success of a Broadway production. This year’s awards were handed out on Sunday, but some shows may not need to win a Tony to win on Broadway. Ticket sales for “Anastasia”, “A Bronx Tale” and “Come From Away” have been doing just fine without all the accolades.
And when Broadway shows leave the Great White Way to tour the world, they are attracting record audiences. In North America alone 14 million people attended live theatre productions in roughly 200 cities, bringing in $981 million.
Meanwhile, Taylor Swift is making her entire back catalogue available via on-demand streaming services such as Spotify. That she announced this news the same day as Katy Perry released her latest album led many to wonder if this was another round in an old pop-star rivalry.
Of course, we also cover the week’s top entertainment news including why the Amazon Prime Video app is coming to the Apple TV, satellite radio giant SiriusXM makes a huge investment in Pandora and Bob Dylan finally delivers his Nobel Prize speech.
Podcast: Play in new window | Download
Showbiz Sandbox 306: Deconstructing the 2015 Movie Box Office
January 4, 2016
Few, if any, can rival Paul Dergarabedian when it comes to analyzing the film industry’s global box office. Rentrak’s senior media analyst has been running movie numbers for upwards of 20 years now and is a regularly quoted box office pundit. Dergarabedian joins us to discuss how 2015 turned into a record breaking year at the box office all over the world.
We cover everything from how the winners at last year’s box office left little for the losers to the increasing role social media plays in the fortunes of any given movie, from the importance of international grosses to the record shattering “Star Wars” sequel. One big question is how 2016 could ever top last year’s figures or if that even matters.
We wind up in the music business where lawsuits are always a good indication on the issues affecting the industry. Two big new lawsuits target Spotify and Ticketmaster. We’ll explain what they are all about… and predict if they will actually make it to trial.
Of course we also cover the week’s top entertainment news including why The Beatles agreed to put their music on streaming services, how Taylor Swift’s concert tour topped the charts last year and the sexual assault charge against Bill Cosby.
Podcast: Play in new window | Download
Showbiz Sandbox 305: Should “Star Wars: The Force Awakens” Box Office Records Require An Asterisk?
December 21, 2015
The release of “Star Wars: The Force Awakens” shattered box office records the world over and became the biggest movie opening of all time by earning $529 million. We explain why in countries such as Japan and South Korea, the latest “Star Wars” not only didn’t win the weekend, but in some cases earned less than earlier installments of the franchise. We also look at the breakdown of which formats audiences favored when buying tickets.
George Lucas’ original “Star Wars” movie was released in 1977 and was added to the National Film Registry in 1989. We weigh in on the annual list of films added to the registry by the Library of Congress, charged with selecting new entrants. It always makes for a fascinating mix; we’ll discuss what made this year’s cut there and why. Hint: It’s not always artistry that counts… and no we’re not looking at you “Top Gun.”
In music news, it turns out online radio services such as Pandora will soon be paying more to license songs. Meanwhile, Adele is trying to prevent her fans from having to pay more to purchase tickets to see her in concert. We’ll tell you about the growing backlash against the secondary market for concert tickets and what some artists are doing about it.
Of course we also cover the week’s top entertainment news including how “Star Wars” bumped Quentin Tarantino’s latest movie out of a historic movie theater, Howard Stern signs a new deal with SiriusXM and the list of this year’s inductees to the Rock and Roll Hall of Fame.
Podcast: Play in new window | Download
Showbiz Sandbox 303: Film Critics Disagree On The Best Movies of 2015
December 7, 2015
The National Board Of Review, the New York Film Critics Circle and the Los Angeles Film Critics have all weighed in on the best movies and performances of 2015. We said it was a wide-open awards race and perhaps for the first time in history, none of them agree. On anything.
On the other hand, the Grammy Award nominations seem to have come to a consensus with just about everyone agreeing Kendrick Lamar released one of the best albums of the year. We’ll fill you in on some of the other musicians who racked up Grammy nominations this year.
During Inside Baseball we once again turn to the world of television where new studies are reporting that ad sales are edging downward as advertisers begin to increase their campaign spends on digital media outlets.
Of course we also cover the week’s top entertainment news including how Adele’s latest release became the only album to ever sell more than one million copies during two different weeks, Jerry Seinfeld agrees to a long term residency at New York’s Beacon Theatre and Morrissey wins a dubious award for his first novel.
Podcast: Play in new window | Download
Showbiz Sandbox 289: In Hollywood Fame and Fortune Is Often Relative
August 10, 2015
There is no dispute that in the entertainment business, just like in any other industry, money is the fuel that keeps the engine running. Yet raising it, accounting for it, paying it back and doling out profits is becoming more complex for media companies. Indeed, making a fortune in show business is anything but easy or straight forward.
Take Relativity Media for example. The upstart movie studio and its brash CEO Ryan Kavanaugh were going to change the way Hollywood operated and movies were made. However now they’ve filed for bankruptcy. We’ll provide some background and explain the details of what could wind up being the largest studio bankruptcy ever.
Movie moguls aren’t the only one’s struggling to mind their dollars and cents. Legendary musician David Byrne wants record labels to be more transparent about where all the money is going in the music business. Meanwhile the Authors Guild has a few thoughts of its own when it comes to copyright and revenue from book sales.
Of course we also cover the week’s top entertainment news including Jon Stewart’s last “Daily Show”, staff turmoil at Rolling Stone magazine and changes afoot in film distribution strategies.
Podcast: Play in new window | Download
Showbiz Sandbox 286: The 2015 Mid-Year Box Office and Music Sales Report
July 6, 2015
With the year now half over we join the rest of the entertainment industry in reviewing how 2015 is shaping up at the box office and for music sales. As predicted, the worldwide box office is on track to set another annual record thanks in part to three blockbuster releases that have each earned more than a billion dollars.
China continues to be an ever more important movie market as the country’s box office surged more than 50% during the first six months of the year with imported titles leading the way. Meanwhile, Hollywood movies have fared better in India than in past years with two passing the billion rupee level, a well-established benchmark of box office success.
The picture isn’t as rosy when it comes to music revenue. North American album sales are down 4% and digital downloads have fallen more than 10%. The declines may be caused by on-demand music streaming which has increased 74% so far this year. Whatever the reason, Taylor Swift isn’t sweating it since her most recent album has sold more than 2 million copies this year alone.
Of course, we also cover the week’s top entertainment news stories including the Grateful Dead perform one final concert, massive layoffs at the BBC and HBO Now is a huge hit in the iTunes app store.
Podcast: Play in new window | Download
Showbiz Sandbox 284: Taylor Swift Takes A Bite Out of Apple
June 22, 2015
When Apple announced its new streaming music service earlier this month certain members of the music industry were quick to voice their dismay over the terms the tech giant was offering. Specifically, indie record labels weren’t happy to see that Apple wouldn’t be paying licensing fees during the three month trial period the company was offering new subscribers. As the chorus of opposition grew louder it was none other than Taylor Swift who pushed Apple to reverse its payment policy.
In an open letter published to her website, the country musician turned pop star criticised the world’s largest music retailer for not compensating writers, producers, or artists during a new subscriber’s three month trial period. She says new artists, young songwriters and independent producers depend on such royalties to survive. In a move that some will argue demonstrates Swift’s influence within the industry, Apple actually relented.
Another entertainment business model currently being disrupted is that of television. With more consumers opting to cut their cable cord for over the top solutions, the NBA announced they would let basketball fans purchase out-of-market games on a per-game and per-team basis. This has huge implications for the broadcast industry as programming continues to slowly become unbundled.
Of course, we also cover the week’s top entertainment news stories including the box office success of “Jurassic World” and “Inside Out”, a big payday for Jennifer Lawrence on her next film and gambling on who will be the next actor to play James Bond.
Podcast: Play in new window | Download
Showbiz Sandbox 263: A Review of the Entertainment Industry’s Annus Horribilis
January 6, 2015
There’s no getting around the fact that 2014 was a financially dismal year for the entertainment business. Movie box office, home video revenue and music sales were all down significantly in most territories. The only bright spot might be television ad sales which grew slightly, albeit at lower level than originally forecast.
Statistically speaking the numbers don’t look good. Movie attendance plummeted to the lowest levels since 1995. Home video returns decreased nearly 2%, despite a rise in digital downloads. Music sales continued their global decline as more consumers turn to streaming services.
Industry-watchers are predicting that, except for box office, 2015 could produce the same mixed results for entertainment companies as digital technologies keep disrupting longstanding business models.
Of course, we also cover the week’s top entertainment news stories including the most pirated TV shows and movies of 2014, how One Direction became the year’s top concert draw and an update on the Sony Pictures cyber attack.
Podcast: Play in new window | Download
Showbiz Sandbox 261: Sony Hack Gives New Meaning To The Term Box Office Bomb
December 16, 2014
As if Sony Pictures didn’t have enough to worry about with all their corporate emails and documents being leaked by hackers, now the perpetrators of the cybercrime have threatened movie theaters showing “The Interview” with terrorist attacks. What started out as a voyeuristic peek at the inner workings of a Hollywood studio has turned into a far more serious international incident. This has left the media questioning their own ethics and culpability for originally publishing portions of Sony’s stolen data.
With Sony’s dilemma getting so much attention, the announcement of this year’s Golden Globe and SAG Award nominations seemed rather subdued and tame by comparison. Maybe that’s because an awards season front runner has yet to emerge, or possibly because everyone is just tired of award shows.
Thanks to a listener email, we also discuss why the difference between screens and theaters matters when tallying up box office. The two words are often improperly used interchangeably.
Of course, we also cover the week’s top entertainment news stories including David Letterman’s final show, the latest inductees to the Rock and Roll Hall of Fame and this year’s lack of platinum albums.
Podcast: Play in new window | Download
Showbiz Sandbox 260: The Race To Build A Bigger, Louder And More Expensive Movie Theater
December 8, 2014
When it comes to giant screen cinema IMAX is still the most dominant player, but with theater owners building their own premium large format auditoriums new competitors have started to spring up. Dolby, a company known for cinema audio technology, is the latest to enter the fray with their own PLF offering that includes bigger screens, more immersive sound and, of course, a higher ticket price. Whether such offerings will catch on with moviegoers remains to be seen.
The only big news anyone in the entertainment industry wants to talk about right now is the cyber attack on Sony Pictures. Security experts say it’s shaping up to be the largest and most damaging hack against a commercial business in history. Authorities investigating the crime are no closer to catching the perpetrator than when the incident first made headlines two weeks ago.
The Grammy Awards were also making headlines last week. In fact, the annual music awards show tried to stay at the top of the news cycle by announcing nominees via various platforms throughout the course of an entire day. The real story however, turned out to be which musicians actually received nominations and which were overlooked.
Of course, we also cover the week’s top entertainment news stories including the name of the next James Bond film, U2 announces a world tour and CBS gets into another retransmission dispute.
Podcast: Play in new window | Download
