Showbiz Sandbox 504: Does The Entertainment Industry Need A Government Bailout?
July 29, 2020
Most of the world’s cinemas are closed. Studios are struggling to release films theatrically. Live theatre probably won’t return until at least 2021. Who knows when concerts can safely be held. Likewise, new movies and television shows can’t get made because producers can’t get production insurance. Is it time for governments to help the entertainment business bounce back the same way they help other industries?
Meanwhile, the Emmy nominations provided some good news, at least for HBO and Netflix who racked up a combined 267 nods. In a year where an Emmy ceremony is hardly likely, the major broadcast networks only scored one nomination for a top award. We go take a stab at predicting which shows will score an Emmy this year.
Of course we also cover some of the week’s top entertainment headlines including why TikTok signed a deal with record labels, Drake charts another music industry record and how Universal Music Group profits from local music acts.
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2020 Emmy Nominations List
https://www.hollywoodreporter.com/lists/2020-emmy-nominations-live-updating-1303894
Thanks to the Daytime Emmys, Composer Alan Menken Now Has an EGOT
https://news.avclub.com/thanks-to-the-daytime-emmys-composer-alan-menken-now-h-1844524706
61% Of Universal Music Group’s Revenue Comes From Local Artists
https://www.musicbusinessworldwide.com/stat-of-the-week-61-of-universal-music-groups-revenue-comes-from-local-artists/
HBO Max and HBO Have 36.3 Million Subscribers, Up 5% From End of 2019, AT&T Says
https://variety.com/2020/digital/news/hbo-max-subscribers-subscribers-q2-att-1234714316/
Drake Beats Madonna’s Record for Most US Top 10 Hits
https://www.theguardian.com/music/2020/jul/28/drake-beats-madonnas-record-for-most-us-top-10-hits
Juice WRLD’s ‘Legends Never Die’ Spends Second Week at No. 1 on Billboard 200 Chart
https://www.billboard.com/articles/business/chart-beat/9424726/juice-wrld-legends-never-die-tops-billboard-200-week-2
Netflix Cancels Production Of Turkish Original ‘If Only’ Amid Pressure To Remove Gay Character
https://deadline.com/2020/07/netflix-cancels-turkish-original-if-only-over-gay-character-1202990576/
Q Magazine to Close After 34 Years
https://www.independent.co.uk/arts-entertainment/music/news/q-magazine-closing-last-issue-music-journalism-ted-kessler-a9628451.html
Tik Tok Inks Global Deal with Music Publishers
https://www.musicbusinessworldwide.com/tiktok-inks-global-multi-year-deal-with-music-publishers/
Henry Golding Jumps From Paradigm to CAA
https://variety.com/2020/film/news/henry-golding-leaves-paradigm-caa-1234713795/
UK Government Opens Floodgates To Production Restarts By Launching $646M Emergency Covid Insurance Fund
https://deadline.com/2020/07/uk-government-announces-emergency-film-tv-insurance-fund-1202996757/
Britain at Risk of Becoming ‘Cultural Wasteland’ with Widespread Closures and Redundancies in Arts Sector
https://www.independent.co.uk/news/uk/politics/coronavirus-uk-emergency-arts-funding-theatre-music-government-a9632731.html
Britain at Risk of Becoming ‘Cultural Wasteland’ with Widespread Closures and Redundancies in Arts Sector
https://www.independent.co.uk/news/uk/politics/coronavirus-uk-emergency-arts-funding-theatre-music-government-a9632731.html
NATO Launches The ‘Save Your Cinema’ Campaign: Here’s How To Help Save Movie Theaters
https://atomtickets.com/movie-news/nato-save-your-cinema-campaign/
Annie Ross, British-American jazz singer and actor, dies aged 89
https://www.theguardian.com/music/2020/jul/22/annie-ross-british-american-jazz-singer-and-actor-dies-aged-89
Peter Green, Fleetwood Mac Co-Founder and Guitar Great, Dead at 73
https://www.rollingstone.com/music/music-news/peter-green-fleetwood-mac-dead-obit-1033950/
R.I.P. John Saxon, B-movie Stalwart
https://news.avclub.com/r-i-p-john-saxon-veteran-b-movie-stalwart-1844508283
Regis Philbin, Legendary TV Host, Dies at 88
https://variety.com/2020/tv/news/regis-philbin-dead-dies-1234716557/
Olivia de Havilland, Sophisticated Star of Hollywood’s Golden Age, Dies at 104
https://www.hollywoodreporter.com/news/olivia-de-havilland-dead-gone-wind-adventures-robin-hood-star-was-104-720040
How Olivia de Havilland Took on the Studio System and Won
https://variety.com/2020/film/news/olivia-de-havilland-lawsuit-gone-with-the-wind-warner-bros-1234717146/
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