Showbiz Sandbox 172: The TV Industry Has Its Head Up Its Ass
December 3, 2012
Kevin Reilly, chairman of entertainment at Fox Broadcasting, realizes the ways people watch TV have radically and irrevocably changed. He believes the industry has not even remotely caught up to that fact yet. Or, as he puts it, “We have our head up our ass.” We’ll discuss the checklist Reilly provided at recent industry event which touched on every facet of the business.
As the year draws to a close the awards season has begun to heat up as both the Gotham Awards and European Film Awards were handed out last week. We’ll give you a rundown of who the big winners were and which movies are topping the first few year-end critics polls.
In theater news one can make it big with an Off-Broadway production, they just can’t make big money. A few recent hit shows are closing after barely breaking even or never turning a profit.
Of course we also cover the week’s top entertainment headlines including a list of top earning musicians, Jeff Zucker lands at CNN and why China may surpass the United States as the biggest movie market in the world.
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Showbiz Sandbox 171: Cost Of Sports Could Be Cable’s Unbundling
November 26, 2012
The rights to broadcast Major League Baseball games through 2021 were recently scooped up by ESPN for a cool $5.6 billion. That’s nothing compared to the $15.2 billion the network will be paying the NFL for “Monday Night Football” over the next eight years. Now News Corp. has coughed up billions for a stake in the New York Yankees network and are on the verge of paying a rumored $6 billion for the rights to air Los Angeles Dodger baseball games for 25-years. Some cable operators are now saying the skyrocketing costs of sports programming is out of control and unrealistic.
Since we’re talking about billions of dollars, we may as well mention Sony Pictures. Thanks to films such as “The Amazing Spider-Man” and “Skyfall” the studio has taken in more than $4 billion worldwide this year at the box office. Lionsgate isn’t doing too bad either, earning $1 billion with releases such as “Hunger Games” and “Twilight Saga: Breaking Dawn”.
In fact, the North American box office is on pace to set a new record this year, much like the grosses recorded over the Thanksgiving holiday weekend. The $290 million was a new high for the four day period.
Of course, we also cover all the big entertainment headlines from the past two weeks including the ongoing sexual abuse scandal rocking Sesame Street, the death of actor Larry Hagman and NBC’s big win during the November sweeps.
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Showbiz Sandbox 170: Why Star Wars Is Better Off Without George Lucas
November 12, 2012
Two weeks ago Disney surprised everyone by purchasing Lucasfilm for a pricetag of $4 billion. Like the studio’s acquisition of Marvel in 2009, the move makes perfect sense since Disney can exploit the Star Wars franchise in films, television and theme parks. Given the quality of the prequels, it’s not hard to see why fans were relieved to hear George Lucas, the creator of the Star Wars universe, will have a limited role in the sequels Disney plans on releasing.
Speaking of lucrative franchises, the latest James Bond film, “Skyfall” was released to both favorable reviews and huge grosses. The twenty-third installment of the Bond series may earn over $1 billion at the international box office. And all without 3-D ticket surcharges.
Though audiences continue to reject paying a premium for 3-D movies in theaters, consumer electronic manufacturers report that the sales of 3-D capable televisions and Blu-Ray players is on the rise. However just because a TV can play 3-D content doesn’t mean people will take advantage of the technology.
Our former host Karen Woodward joins us for a rundown of all the top entertainment news stories from the past two weeks, including the huge sales figures from Taylor Swift’s new album, Mark Wahlberg signs on for the next “Transformers” film and CBS finally signs up for Hulu.
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Showbiz Sandbox 169: How TV Networks Learned To Stop Worrying And Love The DVR
October 29, 2012
Major networks used to bemoan the use of DVRs out of fear that audiences would use them to skip over commercials. However, with DVRs in almost half of all US homes, they have begun touting the big audience increases some of their shows get after factoring in time shifted viewing. Scott Collins, a television reporter with the Los Angeles Times, discusses modern-day TV ratings and how the industry is coping as viewing habits change.
And if you thought television networks were in trouble, they’ve got nothing on the film industry. If you were to believe folks like film critic David Denby and a recent New York Times article, movies may not even be relevant anymore.
Talent agencies aren’t immune from all the changes affecting the industry. Last week the longtime head of ICM Partners, one of the world’s largest ten percenteries, announced he’d be leaving to start a new agency.
Of course, we also cover the week’s top entertainment news including how a child sex abuse scandal at the BBC, the merger of publishing giants Penguin and Random House, and an Amy Winehouse musical.
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Showbiz Sandbox 168: Why TV Audiences Abandoned Broadcast Networks
October 22, 2012
The start of the new television season has been a huge disappointment for broadcast networks with ratings down as much as 28% on Fox. Only NBC has seen an increase in viewership in key demos and after years of coming in fourth among networks, now finds itself bouncing back. Why have audiences abandoned broadcast television? Here’s a hint; it has to do with zombies.
Industry analysts fault lackluster new series and strong programming alternatives on cable for broadcast networks latest woes. We provide a rundown of which new shows might stick around for a while, those that might be put on hiatus and which have already gotten the ax.
If you paid to download any of this season’s new TV shows you may be interested to know that you are only licensing the right to view them and don’t actually own them outright. Two upcoming court cases may help resolve the issue, if they don’t wind up muddying the waters further.
Of course, we also cover the week’s top entertainment news including the new agreement between Dish and AMC, Beyonce’s new Super Bowl gig, and the end of Newsweek as a print magazine.
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Showbiz Sandbox 167: The Digital Age Crushes Variety
October 15, 2012
Last week the venerable trade paper Variety, which has been covering the entertainment industry for more than 100 years, was sold to Penske Media Corporation for $25 million. Dana Harris, the editor-in-chief of Indiewire, spent 11 years at Variety and she joins us to discuss the past, present and future of a news outlet that has struggled to adapt in an online world.
Of course, the music world is quite familiar with how digital technology can disrupt existing markets. Digital radio pioneer Pandora is pushing legislation regarding the royalties they pay to artists. This past week they made public some the big checks they’ve been writing to individual musicians.
The royalties for a bunch of super heroes are also being disputed. Stan Lee Media is suing Marvel to get a cut of all that “Avengers” money and the daughter of Superman creator Jerry Seigel is duking it out with Warner Bros. over copyright claims.
Of course, we also cover the week’s top entertainment news including a break for Louis CK, CNN gets into the documentary film business, and how New Zealand is literally minting money for “The Hobbit”.
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Showbiz Sandbox 166: How MoviePass Unlimited Moviegoing Service Really Works
October 9, 2012
When MoviePass announced an unlimited moviegoing subscription service last year it faced stiff resistance from cinema owners and film studios. Now, MoviePass has relaunched with a revamped offering that doesn’t need approval from either group. Stacy Spikes, the CEO of MoviePass, joins us to explain why this time the company will succeed.
Over in the world of music, the Rock and Roll Hall of Fame announced this year’s nominees. The likes of Randy Newman, Donna Summer, Public Enemy and Rush head up what has been considered by many to be a very weak list. At least this year however fans get to vote for their favorite nominees.
Meanwhile, Broadway has been consumed with the story of how “Rebecca”, a musical based on the novel by Daphne du Maurier, went up in flames just weeks before opening. Despite having major talent enlisted to write, direct and choreograph, not to mention an ongoing ad campaign, it turns out on of the investors behind the production may have been completely made up.
Of course, we also cover the week’s top entertainment news including a huge debut for Mumford and Sons second album, why MTV is getting out of the “Jersey Shore” business and how Lil Wayne bested Elvis (sort of).
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Showbiz Sandbox 165: Neil Young Sings The Praises Of His New Digital Music Format
October 1, 2012
Singer-songwriter Neil Young has never been a fan of digital music. The rock legend despises the inferior audio quality of MP3s and CDs so much that he released an anthology of his of his music on Blu-Ray; the only medium that could hold digital files large enough to offer the quality Young demanded. Taking his quest for high fidelity one step further, next year Young will launch Pono, a portable music player and audio platform that uses technology to provide studio quality sound.
Time will tell whether high quality digital audio and Young’s notoriety will be enough to attract consumers to Pono, though the Beatles aren’t waiting around to find out. EMI is releasing the bands entire catalog of albums on vinyl LPs. Remember those? Now all we need is a phonograph to play them on.
Meanwhile the movie awards season has begun to heat up leaving pundits speculating whether Disney might have not one, but three, entries in this year’s Best Animated Feature category at the Oscars; “Brave”, “Frankenweenie” and “Wreck It Ralph”. How ironic that Seth MacFarlane, creator of the hit animated television series “The Family Guy”, has been tapped to host this year’s Academy Awards ceremony.
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Showbiz Sandbox 164: Geoff Boucher Knows More About Nothing Than Anyone
September 25, 2012
Geoff Boucher shocked the entertainment and media industries when he announced his resignation from the Los Angeles Times in mid-September. After all, Boucher has been credited with pioneering a new model for entertainment writers by melding print publications with both an online brand and live events; a format he’s dubbed “tradigital”. Why wouldn’t the Times want to keep him around. (They actually did).
Boucher spent 21 years at the paper, earning a stellar reputation as an entertainment feature writer and ultimately the editor of the Hero Complex, a blog covering all aspects of pop culture. In a wide ranging interview Boucher, who says he knows more about nothing than anyone, discusses his departure from the Times, how he landed at Entertainment Weekly less than a week later, and what his future plans are.
Meanwhile, the best and brightest talent on North American television was honored this past weekend at the 64th Annual Prime Time Emmy Awards. We’ve got a rundown of all the winners and a recap of the awards ceremony.
Of course, we also cover the week’s top entertainment headlines including an update on Universal Music’s purchase of EMI, electronic voting at the Oscars and how Major League Baseball is selling off its television rights for billions of dollars.
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Showbiz Sandbox 163: Plenty To Feel Good About at Telluride and Toronto
September 17, 2012
Anne Thompson has just returned from two whirlwind weeks at the Telluride and Toronto Film Festivals. The editor of Indiewire’s Thompson On Hollywood blog is happy to report that, despite all the doomsayers, there is still reason to believe there are plenty of good studio and independent movies awaiting release this year. Thompson joins us for a discussion about this year’s festivities and tells us which films came out ahead as the awards season kicks off in earnest.
Someone who knows a few things about good how to make good movies is Tom Rothman, the Co-Chairman of Twentieth Century Fox Filmed Entertainment along with Jim Gianopulos. Rothman announced he would be stepping down on January 1st, ending his 18-year tenure as head of the studio. Gianopulos, on the other hand, is sticking around to run the studio on his own.
The new TV season ramped up last week with the debut of Katie Couric’s daytime talk show and the season premiere of “Sons of Anarchy” pulling in big ratings.
Of course, we cover the week’s top entertainment news stories including this year’s Kennedy Center honorees, two new judges on “American Idol” and why streaming music could be bad for the environment.
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