Showbiz Sandbox 570: The Realistic Future of a Mature Netflix
January 26, 2022
When Netflix was just shy of meeting its estimated new subscriber growth during the last financial quarter it faced immediate repercussions as its stock price plummeted over 20% in a single day. We explain why Netflix is not suddenly a failing company, it’s just one in a mature market of its own making. Even so, Netflix’s sudden deflation has given Hollywood’s media giants cause for concern, since most of them followed the company’s lead by launching their own streaming services.
Meanwhile the Sundance Film Festival, which usually takes place in Utah each January was forced by COVID forced to go virtual for the second year in a row. However, even remotely, the festival remains one of the premiere launching pads for independent film and, at the halfway point, we’ll tell you what titles are generating all the buzz.
Of course we also cover the week’s top entertainment headlines including Microsoft’s big video game acquisition, YouTube stops paying for original content and Adele postpones her Las Vegas residency.
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Showbiz Sandbox 569: Are Music Catalog Deals Overvalued?
January 18, 2022
Every week it seems another aging artist is selling off their music publishing rights for exorbitant amounts. Bob Dylan, Paul Simon, Tina Turner, ZZ Top, David Bowie’s estate and recently Bruce Springsteen. Why are so many back catalogs for sale and are they really worth hundreds of millions of dollars? Ryan Faughnder, a staff writer at the Los Angeles Times discusses his latest article which tackles this very issue.
Meanwhile, streaming numbers for television shows, series, and movies for the last few weeks of 2021 were finally published. The top ten original programs were dominated by Netflix, which might be why they decided to “update” their pricing. Translation; they are raising prices, at least in North America.
Of course we also cover the week’s top entertainment headlines including why the British government is freezing funding for the BBC, Spotify shutters its podcasting studio and this year’s SAG Awards nominations.
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Showbiz Sandbox 568: Catalog Music Dominates Consumption on Streaming Services
January 11, 2022
Last year consumers listened to more music than ever before. However, according to a report from the analytics firm MRC Data, catalog music, albums and songs at least 18 months old accounted for 75% of music listening on streaming services. When it came to new music, artists such as Morgan Wallen, Olivia Rodrigo, Drake and Doja Cat, dominated streaming services. Maybe there’s a reason big legacy acts keep selling their back catalogs.
Speaking of legacies, unfortunately the first week of 2022 saw a number of beloved and legendary entertainment figures die, including actor Sidney Poitier, comedian Bob Saget and filmmaker Peter Bogdanovich.
Of course we also cover the week’s top entertainment headlines including how a spike in COVID cases has canceled an in-person Sundance and indefinitely postponed the Grammy Awards. Meanwhile, the Golden Globes were announced and we’ll tell you who won and whether anyone actually cares.
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Showbiz Sandbox 567: That Time Everyone In Hollywood Got COVID
January 4, 2022
It’s a new year but the entertainment industry is contending with the same coronavirus pandemic that has decimated theatrical box office, shuttered Broadway productions and stalled concert tours. The news wasn’t all bad however, with global box office in 2021 creeping halfway back to its once record level. China remains the top market in that regard, though is relying mostly on homegrown hits to drive revenue.
And as we turn the page to 2022 we join many who were saddened by the death of actress Betty White just a few weeks shy of her 100th birthday. This led us to take a closer look at whether we pay more attention to the passing of entertainment figures during the holiday season than we do ordinarily.
Of course we also cover the week’s top entertainment headlines including how the Oscars failed to make the list of top telecasts of 2021, the Hugo Awards honor the best in science fiction and fantasy, and Winnie-The Pooh enters the public domain.
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