Showbiz Sandbox 232: Coachella Goes Over The Top, Figuratively and Literally
April 14, 2014
In its 15 year history the Coachella has grown from a two day event with a couple dozen bands to one of the world’s most important music festivals with so many VIP luxury amenities that some have argued the high-priced perks have begun overshadowing the actual music. At the same time, Coachella organizers have made it easier than ever for stay-at-home-fans to catch their favorite artists by streaming the whole first weekend live on YouTube.
Speaking of VIP entertainment experiences, there is a brewing battle over premium large format screens at multiplexes all over the world. You might know these types of auditoriums as IMAX, though not for long if your local cinema chain has anything to say about it.
Since it’s tax time here in the United States we uncover a few stories about how movie, television and theatre productions are not only skipping out on their taxes, but in fact getting huge subsidies courtesy of the tax man in most states.
Of course, we also cover the week’s top entertainment news stories including Stephen Colbert’s move to replace David Letterman, the motion picture Academy’s new high profile curator and James Cameron’s complaints about the latest blockbuster movies.
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Showbiz Sandbox 231: Could Vince Vaughn Be The Next David Letterman?
April 7, 2014
Late night talk show personality David Letterman surprised everyone last week by announcing that he would be retiring as host of the “Late Show” in 2015. News that Letterman would be exiting on his own terms after 30 years as a late night headliner broke in a thoroughly modern way; first via Twitter, then through the media’s career retrospectives and ultimately with stories about who would make a good replacement. We nominate Vince Vaughn.
In other television news, Time Warner Cable is in a bitter dispute with satellite provider DirecTV. The two companies are butting heads over the broadcast rights for the Los Angeles Dodgers baseball games TWC paid more than $8 billion for last year. With negotiations seemingly stalled, more than 30% of the market’s paid television subscribers have been blacked out of each game’s telecast.
Meanwhile, this year’s Broadway season is about to kick off in earnest on the run up to the Tony Awards. Our own Michael Giltz gives us a complete rundown on which productions he’s putting his own figurative money on.
Of course, we also cover the week’s top entertainment news stories including a trademark dispute over Mickey Mouse, a new contract for the Writers Guild of America and the continuing struggles of Entertainment Weekly.
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Showbiz Sandbox 230: It’s Curtains For Celluloid at CinemaCon
March 31, 2014
Every spring movie theater operators from around the world converge on Las Vegas to attend CinemaCon. During the week-long convention cinema owners are bombarded with industry facts, attendance figures, educational seminars and endless footage from upcoming releases. Over the years advances in digital projection have become an increasingly important topic at the show.
It’s no secret that cinemas have been slowly converting their facilities from traditional 35mm projection to digital. There was no better indication that the days of celluloid film prints are definitely over than the number of vendors at CinemaCon demonstrating the next generation of digital technology, including immersive sound and laser projectors.
When it comes to live theater, there is no doubt that New York’s Broadway and London’s West End are the leaders of the pack. Our own Michael Giltz reviews his previous predictions and investment advice by recapping the past year’s biggest money making productions, as well as a few financial losers.
Of course, we also cover the week’s top entertainment news stories including the fall of “Duck Dynasty”, a decline in paid cable subscribers and Oprah Winfrey’s plans for a national tour.
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Showbiz Sandbox 229: Making South by Southwest A Family Affair
March 18, 2014
Countless bands long to play at South by Southwest, the music festival that takes place in Austin, Texas every March. The event has grown into an important showcases for undiscovered, unsigned and fast rising artists. The Family Crest, an indie rock band from San Francisco, is one of the buzzworthy acts that played at this year’s SxSW. Liam McCormick, the group’s songwriter and founding member, joins us to discuss what it’s being officially invited to play at such a prestigious festival.
In an in-depth conversation, McCormick walks us through how The Family Crest has managed to follow through on all the necessary achievements modern bands strive for in search of success; they’ve funded two albums via Kickstarter which feature hundreds of musicians, they’re signed to an indie record label and NPR is touting the group’s music, which of course can be easily found on all the popular streaming services. On top of all that, television series and advertising campaigns have begun licensing their music.
Much like The Family Crest, Disney is doing quite well for itself these days, at least when it comes to Broadway. What’s surprising is that it isn’t one of the company’s hot new productions that’s the highest grossing production on the Great White Way, but rather “The Lion King”, which opened 16 years ago. It’s all thanks to the new trend of dynamic ticket pricing. We’ll explain.
Of course, we also cover the week’s top entertainment news stories including why the NFL is suing M.I.A., Amazon prepares to enter the streaming music business, and “Big Bang Theory” gets renewed for three whole seasons.
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Showbiz Sandbox 228: The Dish On That Disney Deal With Dish
March 11, 2014
After months of rancorous public and legal battles with television networks over their ad-skipping Hopper technology, U.S. satellite provider Dish Network reached a landmark retransmission consent agreement with the Walt Disney Company. The deal calls for Dish to disable bypassing commercials for three days after a show originally airs. In return Dish is getting the rights to provide Disney’s networks via the Internet for any future IP-television offering they might develop.
Meanwhile, the city which has become known for producing movies and television shows is under siege. Not from a foreign invader, but rather Los Angeles (and California) is suffering from what is known as “runaway production” thanks to tax incentives being offered in other states and countries.
Austin Texas has also been invaded over the past week by attendees at the annual South by Southwest festival. Neil Young marked the occasion by announcing Pono, his long awaited high-def music player, along with its accompanying store filled with digital tracks for audiophiles.
Of course, we also cover the week’s top entertainment news stories including Sandra Bullock’s giant “Gravity” payday, television networks start premiering their shows in summer and why time-shifting made HBO’s “True Detective” a huge hit.
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Showbiz Sandbox 227: The Oscars Attract Big Business, Big Ratings and Big Money
March 4, 2014
If you weren’t surprised by any of the winners at this year’s Oscar ceremony, you may have Oscar prognosticators like Anne Thompson to blame. Indiewire’s editor-at-large was at the big show and joins us to discuss the telecast, the show, and all the money and effort poured into the annual awards season. Thompson also fills us in on her new book “The $11 Billion Year: From Sundance to the Oscars, an Inside Look at the Changing Hollywood System“.
The business side of the film industry isn’t the only aspect of movies that is evolving. The sound accompanying new releases is getting a few enhancements thanks to immersive 3D audio. This has created an industry battle over audio formats.
Speaking of disputes, 19 Recordings, the music label responsible for “American Idol”, is once again suing their partner Sony. This time the argument is over the issue of whether digital tracks are sold or licensed to buyers. There is a huge difference in the royalty paid for each.
Of course, we also cover the week’s top entertainment news stories including Tyler Perry leaves Lionsgate, Paramount is bullied into changing the marketing for “Noah” and Dreamworks Animation takes a write-down on “Turbo”.
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Showbiz Sandbox 226: Back To The Future – Why TV Networks Suddenly Love Old People Again
February 24, 2014
Broadcast television networks are finally catching on to what most of us have known all along; people over the age of 50 actually watch a lot of TV. In a never-ending pursuit to attract younger viewers, networks discovered that baby boomers make up a large portion of their audience. Surely we’ll be seeing a lot more programming meant to appeal directly to this new found demographic.
Maybe some of these new, more mature shows can be turned into movies one day. That seems to be the new trend in Hollywood as studios get set to release two movies that are spun-off from canceled series (“Veronica Mars”) or are have actually already appeared on television as mini-series (“Son of God”).
Speaking of Hollywood studios, it turns out that despite crying poor on a perennial basis, they all managed to make hundreds of millions of dollars in profit during 2013. Not revenue… actual profit.
Of course, we also cover the week’s top entertainment news stories including Cee Lo Green quitting “The Voice”, CNN quitting Piers Morgan and the end of Moviefone’s movie listing service.
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Showbiz Sandbox 225: Comcast and TimeWarner Cable Is A Marriage Made In….
February 17, 2014
The proposed merger of Comcast and TimeWarner Cable has presented industry analysts with a number of complicated questions. Providing some of the answers is David Gelles, a business reporter for the New York Times, who joins us to provide background and insight into a transformative $45 billion deal that would combine the two largest media and technology providers in North America.
Though there are no legislative restrictions, will the U.S. government try to prevent to the two cable giants from consolidating? What concessions will the regulators ask of Comcast if allowing the merger to go through? How will consolidation give Comcast leverage in negotiations with content providers? Would the combined companies have too much control over the media? Most importantly, what does all of this mean for consumers?
Meanwhile, in the United Kingdom, the BAFTA awards were handed out over the weekend to films with strong British ties. That wasn’t the case at the Berlin Film Festival where Chinese movies took home the top prizes.
Of course, we also cover the week’s top entertainment news stories including Jimmy Fallon’s “Tonight Show” debut, actress Ellen Page’s inspiring coming-out speech, and an update on actor Shia Labeouf’s latest performance art stunt.
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Showbiz Sandbox 224: How Leno’s Departure Will Affect Late Night and Los Angeles
February 10, 2014
When Jay Leno signed off as host of “The Tonight Show” last week he left late night television and the city of Los Angeles in different states than when he first began the job 22-years earlier. Scott Collins, TV reporter for the Los Angeles Times, discusses the legacy Leno leaves behind in a late night landscape that now includes two dozen shows, along with what “The Tonight Show’s” move to New York City means for L.A. production jobs.
If you weren’t one of the more than 14 million viewers tuning in to Leno’s last late night stints, then maybe you’re watching the Winter Olympics. Networks such as NBC in the United States are making it easier to stream the Olympic Games online… sort of. The catch is that you must already be a subscriber to cable or satellite television services.
Meanwhile the Berlin Film Festival is currently taking place in Germany though the person making most of the headlines at the event is an actor who claims to no longer be famous. Can you guess who it is? (Hint: It’s Shia Labeouf).
Of course, we also cover the week’s top entertainment news stories including singer Clay Aiken’s run for seat in Congress, Fox puts an end to the “X Factor” and the Red Hot Chili Peppers get called out for miming their Super Bowl halftime performance.
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Showbiz Sandbox 223: The 2013 Worldwide Box Office – Who Won, Who Lost and Why
February 3, 2014
Thanks to surging theatrical grosses in countries such as Brazil, China, India, Mexico and Russia, the international box office more than doubled North American earnings in 2013, topping out at a record $25 billion. Though Hollywood studio content continues to dominate globally, receipts for local productions are beginning to play a more significant role in many markets. We provide a breakdown of the annual box office for of all the major territories and explain why some fared better than others.
Speaking of breaking records, the telecast of this year’s Super Bowl between the Seattle Seahawks and the Denver Broncos had an audience of 112 million viewers. That makes it the most watched television show in U.S. history. As is often the case, the commercials proved more interesting than the game.
Last week the industry also mourned the tragic death of Oscar winning actor Philip Seymour Hoffman from what appears to be a drug overdose. Unfortunately, obit writers were also kept busy with the passing of folk musician Pete Seeger, studio executive Tom Sherak and legendary animator Arthur Rankin Jr.
Of course, we also cover the week’s top entertainment news stories including an Oscar nomination for Best Song gets rescinded, “Back to the Future” is being turned into a Broadway musical and Disney plans to reboot Chip ‘n Dale.
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