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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Music Catalogs Are Fetching Huge deals. Are They Overvalued?
https://www.latimes.com/entertainment-arts/business/story/2022-01-15/music-catalogs-deals-bruce-springsteen-john-legend-bob-dylan-songwriters-streaming
Letterboxd
https://letterboxd.com/
Spider-Man: No Way Home’ Tops $1.6B WW & Becomes Biggest Movie Ever In Mexico; ‘Scream’ Shouts With $49M Global Bow
https://deadline.com/2022/01/spider-man-no-way-home-scream-matrix-china-global-international-box-office-1234913557/
Box Office: ‘Scream’ Debuts to Bloody Impressive $30.6 Million
https://variety.com/2022/film/box-office/box-office-scream-results-spider-man-no-way-home-1235155422/
Broadway Box Office Stays Flat At $18.5 Million With Attendance At 66% Of Capacity
https://deadline.com/2022/01/broadway-box-office-january-16-18-5-million-attendance-66-of-capacity-1234914722/
The Undoing of Joss Whedon
https://www.vulture.com/article/joss-whedon-allegations.html
TV Ratings: Netflix’s ‘The Witcher’ Drew 2.2 Billion Viewing Minutes During Season 2’s Debut Week
https://variety.com/2022/tv/news/the-witcher-netflix-season-2-nielsen-ratings-1235153818/
Podcasting Hasn’t Produced A Hit In Years
https://www.bloomberg.com/news/newsletters/2022-01-09/podcasting-hasn-t-produced-a-new-hit-in-years
Prince’s Estate Valued at $156.4 Million — Almost Double an Earlier Appraisal
https://variety.com/2022/music/news/prince-estate-valued-156-million-1235155577/
Ralph Emery, Country Music Broadcaster and Hall of Fame Member, Dies at 88
https://www.billboard.com/music/music-news/ralph-emery-dead-1235019624/
Betty Blue Director Jean-Jacques Beineix Dies Aged 75
https://www.theguardian.com/film/2022/jan/14/jean-jacques-beineix-dies-aged-75-betty-blue-director
Singer Ronnie Spector Dies at 78
https://www.billboard.com/music/pop/ronnie-spector-dead-ronettes-1235018315/
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