Showbiz Sandbox 484: How the Coronavirus Is Roiling the Entertainment Industry
March 9, 2020
Like everyone around the globe, the entertainment industry has been consumed by the coronavirus. The ongoing health issue has pushed back the release date of the latest James Bond film, canceled the SXSW conference and is postponing music festivals. We cover more of the ripple effects of the pandemic including its effect on the worldwide box office.
Not all business has been halted in Hollywood however. The Directors Guild of America reached a tentative agreement with the AMPTP which represents producers and studios. This paves the way for the Writers Guild of America to step in and negotiate their own deal, provided they can ever settle with talent agencies.
Meanwhile, the music industry is finally making serious money again thanks to streaming. In fact, there’s a brand new streaming service in India. Music lovers in Japan though still prefer their compact discs.
Of course we also cover the week’s top entertainment headlines including why Woody Allen lost the publisher of his memoir, the PGA gets a new television deal for all its golf tournaments and Led Zeppelin wins another copyright court case.
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Disney and Pixar’s ‘Onward’ Delivers $40 Million Debut; ‘The Way Back’ Scores $8.5M
https://www.boxofficemojo.com/article/ed2809136132/
Second-Guessing The 2020 Box Office Doomsayers
https://celluloidjunkie.com/2020/02/25/second-guessing-the-2020-box-office-doomsayers/
The Return of the 52 Week Movie Business
https://celluloidjunkie.com/2020/03/04/the-return-of-the-52-week-movie-business/
SXSW Canceled as Austin Mayor Declares Local Disaster Over Coronavirus
https://www.billboard.com/articles/business/touring/9329923/sxsw-canceled-coronavirus-austin-local-disaster
Cannes: ‘Nothing has changed’ despite new ban on gatherings of over 1,000
https://www.theguardian.com/film/2020/mar/09/cannes-nothing-has-changed-despite-new-ban-on-gatherings-of-over-1000
Directors Guild Reaches Deal With Producers
https://deadline.com/2020/03/directors-guild-deal-film-tv-contract-2020-1202875780/
WGA Drops Demand for Studios to Only Work With Guild-Approved Agencies
https://www.latimes.com/entertainment-arts/business/story/2020-03-03/wga-drops-demand-for-studios-to-only-work-with-wga-approved-agencies
Woody Allen Memoir Dropped by Hachette After Staff Walkout
https://www.hollywoodreporter.com/news/woody-allen-memoir-dropped-by-hachette-staff-walk-1282978
Chris Matthews Retires From MSNBC
https://www.hollywoodreporter.com/news/chris-matthews-retire-msnbc-1282226
TikTok Parent ByteDance Launches Spotify Rival Resso in India
https://www.musicbusinessworldwide.com/tiktok-parent-bytedance-launches-spotify-rival-resso-in-india-without-universals-catalog/
Simon & Schuster Is Up for Sale
https://www.nytimes.com/2020/03/04/business/media/simon-schuster-for-sale-viacom-cbs.html
PGA Tour Ads ESPN+ To Sweeping New Golf Rights Deal With ViacomCBS, Comcast And Disney
https://deadline.com/2020/03/pga-rights-deal-espn-viacomcbs-comcast-nbcsports-disney-1202877358/
Where Is Tom Brady Going Next? Hollywood, To Launch 199 Productions
https://deadline.com/2020/03/tom-brady-going-hollywood-launch-global-content-company-199-productions-avengers-endgame-joe-anthony-russo-agbo-films-gotham-chopra-1202877122/
Led Zeppelin Wins “Stairway to Heaven” Copyright Fight Upon Appellate Replay
https://www.hollywoodreporter.com/thr-esq/led-zeppelin-wins-stairway-heaven-copyright-fight-appellate-replay-1283184
Recorded Music Hits $11B In US Market In 2019; Streaming Is 80% of Revenue
https://www.musicbusinessworldwide.com/us-recorded-music-revenues-hit-11-1bn-in-2019-and-streaming-accounted-for-nearly-80-of-it/
As of Fourth Quarter 2019, Streaming Generates $1M An Hour for Major Labels in US
https://www.musicbusinessworldwide.com/its-happened-the-major-labels-are-now-generating-over-1m-every-hour-from-streaming/
Streaming Is Getting Bigger In Japan
https://www.musicbusinessworldwide.com/streaming-is-getting-bigger-in-japan-with-the-likes-of-spotify-generating-over-380m-in-market-last-year/
McCoy Tyner, Jazz Pianist Who Anchored John Coltrane’s Legendary Quartet, Dead at 81
https://www.rollingstone.com/music/music-news/mccoy-tyner-jazz-pianist-dead-81-963903/
Mart Crowley Dies: The Trailblazing ‘Boys In The Band’ Playwright Was 84
https://deadline.com/2020/03/mart-crowley-dead-the-boys-in-the-band-playwright-obituary-1202877170/
Max von Sydow, Star of ‘Seventh Seal’ and ‘Exorcist,’ Dies at 90
https://www.nytimes.com/2020/03/09/movies/max-von-sydow-dead.html
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