Showbiz Sandbox 635: Deciphering Hollywood Hits and Misses
October 17, 2023
Hollywood studios often try to camouflage the success or failure of their movies. Sometimes they claim a film is unprofitable, yet go on to make several sequels, as Nu Image did with the “Has Fallen” franchise. Other times a studio insists a movie is a modest box office hit despite paying hundreds of millions for the underlying property, as with Universal Pictures’ recent “The Exorcist: Believer.” It many not matter to moviegoers, but it does to those with profit participation.
There is no denying that Taylor Swift’s “Eras Tour” concert film is a huge success after its weekend in cinemas around the world. Though it didn’t live up to early box office forecasts, its opening was three times bigger than any concert movie in history. It became the highest grossing such film of all time in North America after just three days.
Of course we also cover the week’s top entertainment headlines including the latest on the actors’ strike, some questions over Spotify’s audiobook offering and Microsoft finally completes its acquisition of Activision Blizzard.
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Showbiz Sandbox 634: Spotify Gets Book Smart
October 10, 2023
Spotify, the music streaming service, is going all in on audiobooks in hopes of attracting and maintaining subscribers. Previously, Spotify offered some audiobooks for sale. Now the company’s 220 million premium subscribers get 15 hours of free audiobook listening each month. The service is launching with 150,000 titles and will pay publishers based on consumption.
Meanwhile, while the writers’ strike may be over, actors continue to walk picket lines outside Hollywood studios, networks and streamers. The good news is that SAG-AFTRA and the AMPTP are finally sitting down to negotiate a new contract.
Of course we also cover the week’s top entertainment headlines including how Taylor Swift’s film is breaking records even before its release, Dreamworks Animation plans to outsource production and why Wall Street financiers are souring on investing in entertainment companies.
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Showbiz Sandbox 633: Dissecting the New Writers Guild Contract
October 3, 2023
The Writers Guild of America released details of the new contract they negotiated with the Alliance of Motion Picture & Television Producers ending their historic 148 day strike. The 94-page document is filled with big gains for writers in pay and protection from artificial intelligence. It’s also a compromise to the deal the WGA initially sought from the AMPTP, as is to be expected.
Meanwhile the Golden Globe Awards has christened two new categories; one for cinematic and box office achievement (which makes no sense) and another for best performance ni stand up comedy on television (which seems like a good idea).
Of course we also cover the week’s top entertainment headlines including why Juilliard’s acting program is about to get a lot cheaper to attend, how artificial intelligence is augmenting a classic Ingmar Bergman film and Beyoncé is bringing a movie of her Renaissance tour to cinemas.
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