Showbiz Sandbox 628: An Inside Look at Streaming’s Microscopic Residual Payments
August 30, 2023
The recent success of the television series “Suits” on Netflix has shined a spotlight on how much money writers make on a cable or broadcast hit versus one on a streaming service. Last week one of the show’s writers revealed the vast difference in residual payments he received between linear and streaming underscoring why the WGA is currently on strike.
Meanwhile, with the WGA and SAG-AFTRA striking in strong solidarity, the AMPTP has hired a public relations crisis management firm. Studios, realizing the strike shows no sign of ending, have begun postpone tentpole releases such as “Dune 2” into 2024.
Of course we also cover the week’s top entertainment headlines including how Amazon has shown interest in partnering with Disney on ESPN, how preview screenings are messing up box office calculations and why musicians seem to be dumping manager Scooter Braun.
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Showbiz Sandbox 627: Linear TV Drops Below 50% In U.S. For First Time
August 22, 2023
The number of households in the United States subscribing to traditional pay television services has dropped below 50% for the first time in the two years Nielsen has been tracking such metrics. And it’s not that viewers are cutting the cable cord, they’re just watching their favorite television shows and movies on streaming services more than they are on broadcast and cable.
Meanwhile, the writers and actors’ strikes show no sign of ending. One of the big sticking points is over the use of artificial intelligence in future productions. Now a new court ruling sided with the Copyright Office and said works solely generated by AI cannot be copyrighted.
Of course we also cover the week’s top entertainment headlines including why Disney is being sued by one of its finance partners, why an Iranian filmmaker is being thrown in prison and some box office shenanigans taking place in Korea.
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Showbiz Sandbox 626: Will Disney’s Big Wager On Sports Betting Pay Off?
August 15, 2023
Though Disney had previously dismissed the idea of venturing into sports betting, saying it didn’t fit the company’s image, the media giant signed a billion dollar agreement this week with a little known online gambling company. The move comes as Disney’s linear television revenue is declining with no end in sight and losses for its streaming service continue to mount. Will ESPN Bet help bolster Disney’s balance sheet?
Meanwhile the dual writers and actors strikes continue though the AMPTP held what was reportedly a productive conversation with the Writers Guild over the past week. Hollywood will need to get comfortable with holding labor negotiations since more of its workers are opting to unionize.
Of course we also cover the week’s top entertainment headlines including why Paramount is selling publishing giant Simon & Schuster, India has one of its biggest box office weekends of all time and why you might not want to work for Lizzo anytime soon.
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Showbiz Sandbox 625: SAG-AFTRA Concerns Over AI Are Justified
August 8, 2023
One of the key disputes striking actors are having with the AMPTP (the studios and the streamers) is over artificial intelligence and how it will be used in movies and television shows in the future. What rights will actors have and will they get paid if their image and likeness is used through AI? We look at some of the issues surrounding AI and how it relates to the SAG-AFTRA strike.
Meanwhile, talks between the Writers Guild and the AMPTP over their own strike for a new contract resumed last week. Unfortunately it seemed all they talked about was whether they should start talking again. It would help if both sides could agree on what they are arguing about.
Of course we also cover the week’s top entertainment headlines including why an opera star is suing the Metropolitan Opera, how Lizzo is accused of fat-shaming and the economic impact of Taylor Swift’s Eras tour.
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Showbiz Sandbox 624: Hollywood Is Bungling Its Barbenheimer Momentum
August 2, 2023
The idea of counter-programming the simultaneous global release of “Barbie” and “Oppenheimer” over the same summer weekend always seemed like a gamble. But somehow Greta Gerwig’s comedy about a popular toy doll and a Christopher Nolan’s biopic of the renowned nuclear physicist wound up becoming a worldwide phenomenon breaking all sorts of box office records over its first two weeks. Now, instead of capitalizing on this success, Hollywood studios are determined to drag out a dual strike with writers and actors which shows no sign of ending anytime soon.
Having joined the Writers Guild of America on the picket lines, SAG-AFTRA continues to make its case in the court of public opinion. Unfortunately, producers (meaning studios, streamers and networks) aren’t ready to start negotiating a compromise.
Of course we also cover the week’s top entertainment headlines including country music’s big moment, why Disney CEO Bob Iger called in some former senior executives to consult with the company and how video streaming is hitting new heights.
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