Showbiz Sandbox 198: One Flop Does Not A Studio Break
July 15, 2013
Though the media might like to focus on Hollywood’s failures whenever a big blockbuster tanks, the reality is most movie studios can weather a flop or two. Modern-day entertainment conglomerates include music, merchandising, consumer products and travel divisions of which the movie studio is much smaller part. Disney, for instance, made nine times as much revenue in 2012 on its television media holdings than it did with its movie studio.
Even so, without a pipeline of even modestly successful movies, an entertainment company’s entire operation can eventually suffer. That’s why even though mega-producer Jerry Bruckheimer is in a bit of a dry spell lately, (see “The Lone Ranger”) someone in Hollywood will always be willing to bet on his next project.
The past week also saw a seemingly endless supply of news stories concerning the health of celebrities. Placido Domingo was hospitalized with a pulmonary embolism, Randy Travis is in serious condition after suffering a stroke, Elton John canceled a tour after emergency surgery for appendicitis and it was all topped by the untimely death of “Glee” star Cory Monteith at age 31.
Of course we also cover the week’s top entertainment news including the Meredith Vieira’s return to television, a Twitter storm over “Sharknado” and Joan Rivers’ dispute with the Writers Guild.
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Showbiz Sandbox 197: Studios Suffer A Summer of Blockbuster Flops
July 8, 2013
Hollywood is learning the hard way that big name movie stars don’t always guarantee the success of a tentpole release. This summer at least three mega-budget titles have tanked; Will Smith couldn’t save “After Earth”, Jamie Foxx and Channing Tatum couldn’t rescue “White House Down” and even the casting of Johnny Depp as Tonto wasn’t enough to rustle up an audience for “The Lone Ranger”.
On the other hand, filmmaker Lee Daniels’ next film may not have a blockbuster-size budget, but it does feature an all-star cast that includes the likes of Forest Whitaker, Robin Williams and Oprah Winfrey. Now all it needs is a new name, since a 1916 Warner Bros. short has already laid claim to “The Butler” causing Daniels and distributor The Weinstein Company to call out the lawyers.
Meanwhile, as we await the court’s verdict in the Justice Department’s antitrust lawsuit against Apple over the pricing of e-books, it turns out Amazon has quietly been raising the ante on a lot of titles, especially those from academic and small presses.
Of course we also cover the week’s top entertainment news including the Academy’s new members, Jennifer Lopez in Turkmenistan and the cost of purchasing a Tony Award.
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Showbiz Sandbox 196: Hollywood’s Frivolous Five Year Plan
June 24, 2013
Hollywood movie studios have a history of announcing the release date for big tentpole films a year or more in advance. The goal has always been to secure a prime weekend that will force the competition to stear clear. Lately however studios have taken to scheduling releases five years in advance. With some untitled projects yet to start production or even complete a script, it appears that release dates are more important than the movies themselves.
With longstanding geographic monopolies in-place cable companies rarely have to worry about competition, other than from satellite providers. That may be why Time Warner Cable is facing a class-action lawsuit which claims customers, especially non-sports fans, are being forced to pay for the company-owned sports channels to help offset the cost of expensive licensing deals.
Speaking of lawsuits, the government wrapped up its anti-trust case against Apple over the fixing of prices for e-books. While the Justice Department went into the trial looking like a winner, in the end Apple may have proved it was innocent of any illegal activity.
Of course we also cover the week’s top entertainment news including Robert Downey Jr.’s deal to play Iron Man in the next two “Avengers” movies, Billboard disses Jay-Z and Warner Bros. shakes up its top executives.
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Showbiz Sandbox 195: Hollywood Exploits 9/11 Imagery For Its Implosive Blockbusters
June 19, 2013
As “Man of Steel” sets the worldwide box office aflame, the latest Superman reboot also serves as yet another example of a Hollywood blockbuster exploiting the imagery of 9/11 for apocalyptic purposes. Kyle Buchanan, the Movies Editor at New York Magazine, would like to see filmmakers stop relying on meaningless urban destruction. He joins us to discuss his recent article calling for an end to the “orgy of gratuitous building-battering” in big budget movies.
Steven Spielberg and George Lucas are two filmmakers quite familiar with blockbuster movies. Now, the directors who helped launch the modern day tentpole release are predicting an “implosion” for Hollywood, along with a handful of other pessimistic prognostications. We’ll tell you what they had to say in a recent panel discussion.
Last week also saw Apple finally get into the music streaming business with the announcement of iTunes Radio. Only time will tell whether Apple will be able to compete with Pandora, Spotify and all of the other existing players in the space, though we’re not overly impressed.
Of course we also cover the week’s top entertainment news including a legal victory for Hollywood interns, Arnold Schwarzenegger returns to “The Terminator” and The Muppets head to Broadway.
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Showbiz Sandbox 194: Tony Awards Prove Broadway Knows How To Put On A Show
June 11, 2013
Once again actor Neil Patrick Harris proved he knows how to host an awards show with a dazzling turn as master of ceremonies at this year’s Tony Awards last Sunday. The ceremony provided its share of surprises and dramatic speeches from the likes of Cicely Tyson and pop-star Cyndi Lauper as “Kinky Boots” walked off with six Tonys including Best Musical. Though the telecast may have been poorly directed, it was filled with a mixed bag of performances from this season’s top Broadway shows.
For Broadway play or musical, a Tony can provide a huge boost at the box office, though it’s no guarantee. There has never been a magic formula for investing in the arts which is something JP Morgan and its partners should have looked into before loaning Paramount Pictures a load of cash to finance movies. Now everyone is suing each other after the bank discovered their Hollywood investments weren’t as risk free as they had initially thought.
That kind of inside news is usually reported by the likes of Nikki Finke over at her Deadline Hollywood blog. However, if a scoop from a competing online news source is correct, Finke’s days at Deadline may be numbered. Has Finke’s conentious reputation finally caught up with her, or will a crosstown rival need to eat some crow?
Of course we also cover the week’s top entertainment news including Amazon’s European tax problems, Disney’s digital distribution plans, and the possibly illegal limitations of Microsoft’s new Xbox.
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Showbiz Sandbox 193: Getting The Scoop On Great Live Music
June 3, 2013
If you ever wonder whether you should really go see a new hype band perform live or want to warn friends not to bother with a legendary act’s latest reunion tour, then then you’ll be happy to learn about ShowScoop. The new social media website and mobile app bills itself as a “Yelp for concerts”. Company founder Micah Smurthwaite tells us how you’ll never have to see a bad show again and how bands can use the service to help promote their work.
We also have a complete rundown of BookExpo America, the largest North American trade show for book publishers. Held in New York City over the last week, Michael Giltz fills us in on the event, specifically detailing how digital technology has shaken up the industry.
Broadway’s best and brightest will be honored this weekend during the Tony Awards. Unfortunately, attendance at Broadway productions declined six percent over the past season, though revenue remained flat.
Of course we also cover the week’s top entertainment news including Disney’s ambitious long-term release schedule, Dan Harmon’s return to “Community” and a request to shorten the length of movie trailers.
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Showbiz Sandbox 192: Cannes Serves Up A True Blue Masterpiece
May 28, 2013
It’s safe to say the 2013 edition of the Cannes Film Festival did not disappoint. The jury, headed by filmmaker Steven Spielberg, awarded “Blue Is The Warmest Colour” with the Palm d’Or, the festival’s top prize. It seems fitting that a film featuring a lesbian love affair (not to mention graphic sexual scenes) should win big in a year when France legalizes gay marriage. That the film may be considered a masterpiece over time doesn’t hurt either.
In fact, there was little to complain about at this year’s Cannes Film Festival, except for maybe the rainy weather. We’ll fill you in on some of the highlights as well as discussing how Angelina Jolie’s announcement regarding her double mastectomy has caused an uproar in the medical community… in a good way.
Our host, Michael Giltz, has soft-launched a new website for booklovers. Still in beta stage as it prepares for an official launch, BookFilter.com is designed to help visitors discover what titles are being released and what might want to read next.
Of course we also cover the week’s top entertainment news including liner notes for digital downloads, Zach Braff teaches Woody Allen about crowdfunding and Amazon’s plan to make fan fiction legit.
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Showbiz Sandbox Special Episode: To Each Their Own Cannes Experience
May 22, 2013
With selections from world renown filmmakers like the Coen Brothers, Asghar Farhadi, Jim Jarmusch, Baz Luhrmann, Alexander Payne, Roman Polanski, Steven Soderbergh and Jia Zhangke, this year’s Cannes Film Festival is one of the most anticipated in recent memory.
Stephen Garrett is in Cannes this year as both a journalist covering for media outlets such as the New York Observer, and also as the head of Jump Cut, an advertising firm that specializes in producing trailers for foreign, independent and documentary films. Even at the halfway point in the festival he’s seen upwards of two dozen films and joins us to discuss some of the highlights and news items coming out of this year’s Cannes.
On the other hand, filmmaker Andrew Einspruch of Wild Pure Heart Productions is in Cannes to participate in the annual market. As he meets with sales agents, buyers and distributors in an attempt to sell his next movie, Einspruch hasn’t been able to see a single film.
It just goes to show how every attendee at the Cannes Film Festival has a different and unique experience.
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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 190: How The Academy’s New Voting Rules Will Affect The Oscars?
May 6, 2013
The Academy of Motion Picture Arts and Sciences announced it will now be allowing members to vote in all 24 Oscar categories, including Documentary Short Subject and Foreign Language Film. Anne Thompson, Indiewire’s editor-at-large and host of the Oscar Talk podcast, believes the change is long overdue. She explains what the old voting rules were and how these new ones will affect the Oscars moving forward.
The Rolling Stones are also making changes, at least to the ticket prices for their current North American tour. With face-value prices upwards of $600 has the legendary UK band and its tour promoters misjudged fan’s appetites for paying top dollar for big acts? Based on the number of unsold tickets to the first few shows of the tour, the answer is yes.
Meanwhile on Broadway, the Tony Award nominations were announced last week. “Kinky Boots”, “Matilda” and “Lucky Guy” lead the pack with the most nominations. We try to make educated predictions, and blind guesses, as to who might walk home with a Tony in June.
Of course we also cover the week’s top entertainment news including six billion hours of YouTube videos, trademarking superheroes and why studios don’t want to pay a tax on movie tickets in China.
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