Showbiz Sandbox 323: Trends From the 2016 TV Upfronts
May 30, 2016
Each May all the U.S. television networks invite major advertisers and the media to New York so they can pitch all of the new and returning shows on their fall schedules. Known as the upfronts, a good chunk of the prime time advertising inventory is sold during these meetings as promotional buzz about each series commences in earnest. We’ll take a closer look at some of the big trends coming out of this year’s upfronts.
Meanwhile, a much beloved series might be starting a trend of its own by increasing viewership in its 12th season. Usually long-running shows lose audience in their latter years, however “Grey’s Anatomy” is the perfect example of how new technology can boost viewership.
Viacom and CBS are likely to have kept a close eye on the recently completed upfronts, given their dominance in television. CBS was originally a Viacom property, but was spun-off more than a decade ago. Now, amidst leadership turmoil at Viacom, there is speculation the two companies may merge, once more becoming a single entity.
Of course we also cover the week’s top entertainment news including why U.S. presidential candidate Bernie Sanders is criticizing Disney, Spotify’s big success in helping subscribers find new music and why the next James Bond film is in search of a director.
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Showbiz Sandbox 322: Cannes Film Festival Spurs Critical Debate
May 24, 2016
This year’s Cannes Film Festival ended over the weekend with the awarding of the Palm d’Or, the festival’s top prize, to an unlikely, albeit quite solid, movie from director Ken Loach. A critically panned movie from filmmaker Xavier Dolan was given the runner up award, the Grand Prix, leaving many in Cannes baffled over how the jury made its selections. However festival director Thierry Fremaux has always said, Cannes is not set up for critics.
The Broadway season also came to a close last week earning a record $1.3 billion in ticket sales. Musical productions took in most of the revenue over the past year, though it was “The Lion King” and not “Hamilton”, which only opened in August, which ruled the box office.
Over at HBO Michael Lombardo, the longtime head of programming for the premium cable network is stepping down, whereas at Viacom Sumner Redstone has stirred up a hornets nest by ousting his longtime protogé, the company’s chief executive, from the trust that will eventually control the company.
Of course we also cover the week’s top entertainment news including whether the wave of summer blockbusters will prove to be too much competition, rumors of Adele’s massive record deal and Bill Cosby gets his day in criminal court.
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Showbiz Sandbox 321: New Power Players Emerge In Cannes
May 16, 2016
The Cannes Film Festival has become one of the most important annual cinema events because it programs a diverse array of movies from all over the world. We’ll head to the French Riviera for this year’s festival to tell you which of the hundreds of films are generating buzz and argue over the elements necessary for the successful exportation of European films.
Meanwhile the Marché du Film, or Cannes Film Market, takes place alongside the festival each year. New industry players such as Amazon Studios and other streaming companies have made some bold moves during Cannes, stealing the thunder from veteran power brokers.
Speaking of streaming companies, Amazon is opening its video platform to users, allowing them to upload content and make money off ads, just like they do on YouTube. And YouTube is dreaming of selling its many customers a skinny bundle of TV channels.
Of course we also cover the week’s top entertainment news including the Ukrainian winner of the Eurovision song contest, Sean Penn gets an apology from Tyler Perry and Disney sets a historic box office milestone.
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Showbiz Sandbox 320: Is Comcast the New Disney?
May 2, 2016
Comcast announced last week that it would acquire Dreamworks Animation for $3.8 billion, taking another step toward transforming themselves from a cable giant into a full fledged media conglomerate. Meg James, a corporate media reporter for the Los Angeles Times, join us to discuss how, though the deal may not have been anticipated, it makes a lot of sense for both companies.
The purchase is the most recent in a string of acquisitions that have closely mirrored the strategy Disney has executed over the past decade as they gobbled up companies such as Pixar, Marvel and Lucasfilm. Comcast has proven quite adept at turning undervalued assets such as NBCUniversal and Universal Studios theme parks into profitable entities.
Meanwhile, as the Tony Awards season officially kicks off, Broadway is suffering from what is being referred to as The Hamilton Effect. This is a condition in which you open a musical that blends hip-hop and history in a way that not only makes the show a cultural phenomenon, but the inevitable winner of this year’s much coveted Best Musical Tony.
Of course we also cover the week’s top entertainment news including the Daytime Emmy winners, why Fox is pulling out of this year’s Comic-Con convention and how French law enforcement is preparing for the Cannes Film Festival.
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