Showbiz Sandbox 582: Movie Theaters Come Roaring Back at CinemaCon
May 3, 2022
When cinema operators from around the world gathered in Las Vegas for CinemaCon last week, it quickly became obvious that movie theaters ain’t dead yet. Though a global pandemic may have decimated their business model for several years, audiences seem to slowly be returning to movie theaters. So have Hollywood studios who are starting to realize they can’t survive on streaming revenue alone.
Speaking of streaming, a poor earnings report in which Netflix announced they lost subscribers for the first time in a decade, has served as a moment for self-reflection for the company as well as the industry-at-large.
Of course we also cover the week’s top entertainment headlines including an abrupt end to CNN+, “Fast & Furious 10” loses its director and Europe’s new media laws.
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‘Fantastic Beasts’ & ‘Sonic’ Top $300M Global; ‘Downton Abbey: A New Era’ Sets Table Overseas
https://deadline.com/2022/05/downton-abbey-fantastic-beasts-sonic-bad-guys-china-global-international-box-office-1235013921/
Box Office: ‘Bad Guys’ Stays No. 1 as ‘Memory’ Fails Liam Neeson
https://www.hollywoodreporter.com/movies/movie-news/bad-guys-box-office-memory-1235138696/
A24’s ‘Everything Everywhere All at Once’ Hits Impressive Box Office Milestone
https://variety.com/2022/film/box-office/a24-everything-everywhere-all-at-once-box-office-1235255460/
Netflix to Start “Pulling Back” Content Spend After Losing Subscribers in Earnings Miss
https://www.hollywoodreporter.com/business/digital/netflix-q1-2022-earnings-1235132028/
Netflix Will Face Hurdles in Courting Advertisers, But Biz Abuzz About Streamer’s New Model
https://variety.com/2022/tv/news/netflix-ad-model-commercials-1235236339/
Amid Losses, Netflix Bets on a Bold Strategy Around Video Games
https://www.washingtonpost.com/video-games/2022/04/22/netflix-video-games/
How HBO Kept ‘House of the Dragon’ Costs Under $20 Million per Episode
https://variety.com/2022/tv/news/house-of-the-dragon-budget-episode-cost-1235238285/
HBO Max, HBO Hit 76.8M Global Subs In Q1, Up 3M From Year End; WarnerMedia Profit Squeezed By CNN+
https://deadline.com/2022/04/hbo-max-warnermedia-att-1235007134/
Tony Awards Producers Warn Potential Slappers: You Will Be Removed
https://deadline.com/2022/04/tony-awards-will-smith-chris-rock-no-violence-policy-1235006510/
E.U. Takes Aim at Social Media’s Harms With Landmark New Law
https://www.nytimes.com/2022/04/22/technology/european-union-social-media-law.html
T Bone Burnett Reveals New Analog Reproduction Technology
https://pitchfork.com/news/t-bone-burnett-reveals-new-analog-reproduction-technology/
Los Angeles On-Location Filming Set First-Quarter Record, FilmLA Says
https://deadline.com/2022/04/los-angeles-on-location-filming-2022-q1-record-1235005548/
CNN+ will shut down at the end of April
https://www.cnn.com/2022/04/21/media/cnn-shutting-down/index.html
Justin Lin’s ‘Fast X’ Exit Puts Universal in a Tricky, and Costly, Race to Replace Him
https://variety.com/2022/film/news/justin-lin-fast-x-director-replacement-vin-diesel-1235243019
Florida Lawmakers Pass Bill Aimed at Eliminating Disney’s Special District
https://www.hollywoodreporter.com/business/business-news/florida-lawmakers-pass-bill-aimed-at-eliminating-disneys-special-district-1235132889/
Israel: Producers Are Pushing For Rights & Regulation
https://deadline.com/2022/04/israel-nation-fauda-shtisel-regulation-1235001538/
CinemaCon Confirms Movie Theatres Ain’t Dead Yet
https://celluloidjunkie.com/newsletter/cinemacon-confirms-movie-theatres-aint-dead-yet/
Sperling Interviews Harkness CEO
https://www.youtube.com/watch?v=RovPkBfLdxQ
AMC Theatres Introduces Laser at AMC Ushering in the Next Evolution of On-Screen Presentation
https://celluloidjunkie.com/wire/amc-theatres-introduces-laser-at-amc-powered-by-cinionic-ushering-in-the-next-evolution-of-on-screen-presentation/
Naomi Judd, of Hit Country Duo the Judds, Dead at 76
https://www.rollingstone.com/music/music-country/naomi-judd-dies-obituary-1345555/
Jacques Perrin, ‘Cinema Paradiso’ Star, Dies at 80
https://variety.com/2022/film/global/jacques-perrin-dead-dies-cinema-paradiso-1235238734/
Robert Morse, Two-Time Tony Winner and ‘Mad Men’ Star, Dies at 90
https://www.hollywoodreporter.com/tv/tv-news/robert-morse-dead-mad-men-tony-winner-1235133283/
Neal Adams, Batman Comic Artist and Eisner Hall of Fame Inductee, Dies at 80
https://variety.com/2022/film/news/neal-adams-dead-dies-comic-book-artist-1235254617/
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