Showbiz Sandbox 296: Entertainment Industry Numbers Are Often A Comedy of Errors

It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.

Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.

Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.

Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.

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Showbiz Sandbox 295: Thompson Keeps Tabs On Telluride and Toronto

Two of the world’s most prominent film festivals are held each September in Telluride and Toronto and, without fail, you’ll find Anne Thompson, Indiewire’s editor-at-large, dashing off to both of them. Thompson gives us a feel for what both festivals were like this year, which films created the most awards buzz and which she thinks audiences should be looking forward to.

Thompson also joins us to discuss this year’s Emmy winners. The premium cable network HBO proved it is still at the top of its game, fending off the stiff competition of hot new shows being produced by upstart streaming services such as Netflix and Amazon. The network wept away the Outstanding Drama Series, Outstanding Comedy Series and Outstanding Limited Series categories, winning 14 awards in all.

Meanwhile, in case that seems destined to reach the U.S. Supreme Court, a federal judge ruled that copyright owners must take into account the possibility of fair use before sending a takedown notice. Rather than force possible infringers to mount what is known as an affirmative defense, the court is placing the burden on copyright holders to consider whether a work should be considered fair use.

Of course we also cover the week’s top entertainment news including the new over-the-top and mobile streaming services being offered by the BBC and Epix, one of the creators of Batman will finally get the credit he has long deserved (though maybe not the money) and Denzel Washington will produce ten August Wilson plays for HBO.

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Showbiz Sandbox 294: As Box Office Grows In China, So Do Claims of Fraud

China continues on its torrid pace toward become the number one movie market in the world having already surpassed its record $4.7 billion box office from last year. However, some Chinese distributors, and even some moviegoers, are claiming cinema owners are manipulating reported grosses on behalf of the government.

Recently a propaganda film titled “The Hundred Regiments Offensive” managed to sell more tickets than was possible based on its number of showings and theater count. Industry executives now say releases such as “Terminator:Genisys” are being unfairly robbed of their true earnings. Yet the market is so big, when “Mission Impossible: Rogue Nation” debuted last week it gave Tom Cruise the biggest box office opening of his career.

Meanwhile, parts of the world are entering autumn, a time when leaves fall from the trees and Broadway shows fall from the marquees to make way for new shows. We’ll tell you which shows have announced closings, which ones will follow soon and take a brief look at some new productions opening soon.

Of course we also cover the week’s top entertainment news including the return of Stephen Colbert to late night television, the new owner of National Geographic and how the late Billie Holiday and Whitney Houston will perform once again… as holograms.

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Showbiz Sandbox 293: Why Forecasting Box Office Has Become So Difficult

Though this year’s North American summer box office may wind up being the second biggest on record at $4.4 billion, movie studios are finding it far more difficult to predict opening weekend grosses. An article in the Hollywood Reporter details how tracking pre-release box office has become unreliable in an age when social media buzz and movie review aggregation have become so prevalent.

Word-of-mouth can now spread so quickly that movies like “Ted 2” can be doomed 24 hours after release, opening 33% below its estimated $50 million first weekend gross. And it’s not just flops that suffer tracking mishaps, as evidenced by “Jurassic World” bowing to $208 million, 60% more than originally anticipated.

Until now, Apple hasn’t had to worry about movie box office or even television ratings, but all that might change if rumors the company is getting into producing original content are at all true.

Of course we also cover the week’s top entertainment news including why Aretha Franklin wound up in court last week, why DreamWorks is leaving Disney and who the Academy selected to produce next year’s Oscar telecast.

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