Showbiz Sandbox 508: The New Mutants – Agents Become Managers
August 31, 2020
At a time when streaming giants have eroded box office participation and rich TV syndication deals, a significant number of high level talent agents have begun leaving their prestigious positions to become managers. They hope to help top celebrities build companies around themselves in the same way Gwyneth Paltrow and Reese Witherspoon have become business moguls.
Meanwhile, Christopher Nolan’s “Tenet” finally opened in theaters, at least in some international territories. Despite limited capacity screenings the blockbuster managed to live up to the hype earning $53 million at the box office. Even so, two hit films from China made even more money over the past week.
Of course we also cover some of the week’s top entertainment headlines including a big syndication deal for “Young Sheldon,” the New York Times stops printing its TV listings and the Korean boy band BTS blows up a few records with its new single.
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Showbiz Sandbox 507: Movie Theaters Come To Terms with Christopher Nolan’s “Tenant”
August 25, 2020
After COVID-19 forced movie theaters around the world to close for nearly six months, they are now set to reopen with one of the most anticipated films of the year; Christopher Nolan’s “Tenant.” There’s only one catch, the film rental terms Warner Bros. is asking for may make cinema operators want to manipulate time and go back to the simpler days when a studio got 50% of the box office and was happy. What’s more, increased film rental terms may be the new normal for movie theaters.
Meanwhile China may be showing the world how to reopen movie theaters as the historic drama “The Eight Hundred” rockets to more than $100 million at the box office. And to think just a few months ago the Chinese government banned the film.
Of course we also cover some of the week’s top entertainment headlines including how the Berlin Film Festival is going gender neutral, Ron Meyer is out at NBCUniversal and the Tony Awards may happen this year after all.
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Showbiz Sandbox 506: Apple Gets Into An Epic Battle Royale
August 18, 2020
Online gaming allows participants to take part in massive multiplayer battles, but no one ever gets hurt. Well, in real life, Epic Games, the company behind Fortnite is taking on both Apple and Google with an antitrust lawsuit and one of these companies is definitely going to get hurt where it counts most…the bottom line.
Meanwhile, as movie theaters around the world start to re-open after being shut down for months due to the coronavirus pandemic, the box office is sputtering back to life. Even Comscore has started publishing a weekend box office report again. Still, the industry has lost billions of dollars and is far from returning to normal grosses.
Of course we also cover some of the week’s top entertainment headlines including why thousands of actors may lose their health insurance, women are ruling the Billboard music charts and how Warner Music Group is getting a bit more social.
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Showbiz Sandbox 505: The Marvel and Mao Effect: A Hollywood Exec Heads to China, Hijinks Ensue
August 11, 2020
In his 17 years as the President of DMG Entertainment Motion Picture Group, Chris Fenton helped bring 20 Hollywood movies to China, facilitating co-productions, financing and distribution on blockbusters such as “Iron Man 3” and “Looper.” In his new book, “Feeding the Dragon,” the former William Morris agent details his time working in the entertainment industry and China. Fenton helps us read the tea leaves about the future for the relationship between the major studios and China.
Meanwhile, the entertainment industry is undergoing some seismic shifts. In a single week the Paramount Consent Decree was killed for good, television packaging is heading into the sunset and theatrical release windows for studio films just collapsed.
Of course we also cover some of the week’s top entertainment headlines including an executive shakeup at NBC, Taylor Swift sets a new chart topping record with her new album and the Eurovision song contest is coming to the United States.
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