Showbiz Sandbox 323: Trends From the 2016 TV Upfronts
May 30, 2016
Each May all the U.S. television networks invite major advertisers and the media to New York so they can pitch all of the new and returning shows on their fall schedules. Known as the upfronts, a good chunk of the prime time advertising inventory is sold during these meetings as promotional buzz about each series commences in earnest. We’ll take a closer look at some of the big trends coming out of this year’s upfronts.
Meanwhile, a much beloved series might be starting a trend of its own by increasing viewership in its 12th season. Usually long-running shows lose audience in their latter years, however “Grey’s Anatomy” is the perfect example of how new technology can boost viewership.
Viacom and CBS are likely to have kept a close eye on the recently completed upfronts, given their dominance in television. CBS was originally a Viacom property, but was spun-off more than a decade ago. Now, amidst leadership turmoil at Viacom, there is speculation the two companies may merge, once more becoming a single entity.
Of course we also cover the week’s top entertainment news including why U.S. presidential candidate Bernie Sanders is criticizing Disney, Spotify’s big success in helping subscribers find new music and why the next James Bond film is in search of a director.
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Showbiz Sandbox 316: Indiana Jones and the Colonoscopy
March 21, 2016
Last week Harrison Ford and Steven Spielberg announced they are grabbing a whip and fedora and planning one more adventure for Indiana Jones with its original director and star. They haven’t set a start date for shooting, don’t seem to have a script or even a setting or general idea for the movie yet, at least not one they’re sharing. But naturally they have a release date. The next Indiana Jones will be coming to a theater near you on July 19, 2019.
If it were up to the Screening Room, you’ll be able to watch the latest Indiana Jones installment from the comfort of your own home. Everyone is weighing in on the new company that wants to make blockbuster movies available in your home the same day they hit theaters.
Meanwhile, CBS is turning off their radios. The broadcaster says they are looking to offload their fabled radio group despite it being a stable long-term business. CBS believes radio doesn’t have sexy growth potential so they apparently wants out.
Of course we also cover the week’s top entertainment news including an explanation of television stacking rights, Mariah Carey gets her own reality series and China cracks down on box office fraud.
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Showbiz Sandbox 315: China Becomes A Global Movie Superpower
March 14, 2016
In recent years, Chinese-owned companies have become the film industry’s biggest power players by scooping up production companies and cinema chains. The latest example came when AMC Theatres, owned by China’s richest man Wang Jianlin, announced it will acquire Carmike Cinemas to become the world’s largest motion picture exhibitor.
It’s easy to see why the Chinese are so hot on the cinema business given that their box office surpassed that of North America during the month of February for the second time ever. Yet if you were to ask some financial analysts, Hollywood Hollywood is starting to look like the video game industry before it imploded; bigger budgets, fewer winners and more losers. Is Hollywood about to shrivel up like Pac-Man?
Then there are those like Sean Parker, one of the founders of Napster and Facebook, who are trying to convince Hollywood that it’s time to start making big movies available in consumer’s homes the same day they hit theaters. Is there any business model in which that could actually work?
Of course we also cover the week’s top entertainment news including the authors nominated for this year’s prestigious Man Booker Prize, music sales in France plummet and Kevin Spacey won’t be heading up Relativity Media after all.
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Showbiz Sandbox 304: The Music of 2015 Was Good, Not Great
December 14, 2015
Sal Nunziato, former co-owner of the shuttered record store NYCD, is now a musician and popular music blogger. He joins us to weigh in on his favorite albums of 2015 and unlike Rolling Stone magazine, Adele’s latest release didn’t make Sal’s list. Who better to get a state of the industry report on the music business?
The end-of-year awards season continued to kick into high gear as the Golden Globes announced their nominees. The SAG Awards may matter more however, since some of the guild’s members actually vote for the Oscars. Even after these nominations the Oscar race continues to be wide open.
With “Star Wars: The Force Awakens” opening this week it’s impossible to avoid news about the eagerly anticipated sequel. Disney’s secrecy over the project reached new heights when the studio held its press junket without first showing the film to the media.
Of course we also cover the week’s top entertainment news including Melissa McCarthy’s sitcom is canceled, “Dirty Dancing” is being adapted into a television musical and Apple presses pause on its plans to offer a live streaming television service.
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Showbiz Sandbox 283: Why Apple Is Cannibalizing Its Own Music Sales
June 16, 2015
Apple finally announced its long rumored music streaming service last week, which is meant to compete with market leaders Pandora and Spotify. The offering seems in direct conflict with the ongoing business of the largest music retailer in the world, but as Ryan Faughnder of the Los Angeles Times points out, Apple may have had no choice since iTunes digital music sales have significantly decreased.
Now, the music industry is hoping that Apple can ride to their rescue once again, as they did with digital music previously, by attracting the large subscriber base required to make music streaming profitable. Faughnder gives us his thoughts on what the new service means to the business, and tells us how competitors have responded to Apple’s entrance into the market.
There seemed to be no competition for “Jurassic World” during its theatrical debut. The film was released globally and gobbled up opening weekend box office records both in North America and internationally, earning more $500 million in just three days. That gross is more than the combined weekend receipts for every other film currently in theaters worldwide.
Of course, we also cover the week’s top entertainment news stories including Rupert Murdoch steps down as CEO of 21st Century Fox, video games get their own hall of fame and what happened when Dave Grohl of the rock band Foo Fighters broke his leg in the middle of a concert.
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Showbiz Sandbox 276: Agency Wars Have A Long History in Hollywood
April 13, 2015
Even in the best of times being a Hollywood talent agent has never been an easy job. The dog eat dog nature of the agency business has never been more apparent than during the last few weeks when 11 agents suddenly defected from Creative Artists Agency, one of the industry’s leading agencies, to become partners at a rival firm, United Talent Agency. Following in the footsteps of their agents were A-list clients such as Will Ferrell, Zach Galifianiakis, Ed Helms, Melissa McCarthy and Chris Pratt.
This isn’t the first time big shot agents have deserted their agencies for greener pastures and taken their clients with them, nor will it be the last. In fact, CAA was founded in 1975 when Michael Ovitz along with Ron Meyer and several other agents, abruptly departed the William Morris Agency to form their own firm. The now legendary Ari Emanuel did the same thing 20 years later to start Endeavor.
Meanwhile, changes are also afoot in how television networks want advertisers to pay for commercial time. Two major conglomerates, Time Warner and Viacom, are moving away from Nielsen ratings and offering to let advertisers pay for the “impact” their ads have through metrics such as increased brand recognition, increased loyalty program registrations and consumer engagement on social media.
Of course, we also cover the week’s top entertainment news stories including Jay-Z makes a streaming media play with Tidal, filmmaker David Lynch backs out of “Twin Peaks” reboot, and NBC selects “The Wiz” as its next live televised musical.
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Showbiz Sandbox 254: Are HBO and CBS Really Really Becoming Cord-Cutters?
October 21, 2014
The entertainment industry was stunned last week when Time Warner announced plans for HBO to go over the top. The premium cable channel intends to offer a standalone service in the US come 2015 that won’t require a cable subscription. Legions of cord-cutters rejoiced upon learning the news, but what they weren’t actually hearing about were the details of how the new plan would work.
Just a day later the broadcast network CBS offered a bit more information about their upcoming Access All In streaming service. The network will begin offering their programming directly to viewers via the web and mobile apps at a cost of $6 per month.
Both of these landmark moves are being seen as bellwethers for how television will be distributed in the future and they come with all sorts of ramifications. Will selecting television channels a la carte actually increase our cable bills? What do all these new services mean for net neutrality? What does all of this mean for Netflix? We’ll explain.
Of course, we also cover the week’s top entertainment news stories including Amazon’s deal with Simon & Schuster, Neil Patrick Harris gets tapped to host next year’s Oscars and why pop-star Lorde is persona non grata in San Francisco.
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Showbiz Sandbox 253: Nielsen Is Rating TV Shows By The (Wrong) Numbers
October 14, 2014
The method by which television ratings are collected and tabulated has long been criticized as imperfect. Now Nielsen, the research firm which provides the ratings, admitted this past week it had been reporting inaccurate audience figures to broadcast networks for the past seven months. Turns out viewership of this year’s season premieres was lower than originally thought. We’ll try and explain what the heck is going on here?
Comedian Adam Sandler is back in the news, though this time it’s for a movie which isn’t being made… even by Netflix. And just as she hits her stride as an action star, actress Scarlett Johansson (temporarily) gives up movies to appear in a television mini-series.
Even the world of live theater is a bit bizarre lately, at least according to composer Stephen Sondheim who is working on a new musical based on two surreal movies by the late Spanish filmmaker Luis Buñuel. If that’s not crazy enough, the biggest box office winner on Broadway this fall has been “The Lion King”, a musical that has been running for 17 years.
Of course, we also cover the week’s top entertainment news stories including Katy Perry books a trip to the Super Bowl, e-book software that spies on you and the fifth season of “The Walking Dead” premieres to record numbers… or so we’ve been told.
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Showbiz Sandbox 252: Crouching Netflix, Hidden IMAX and the Myth of Broken Release Windows
October 6, 2014
The Weinstein Co. stunned the entertainment industry last week by announcing they would distribute the sequel to “Crouching Tiger, Hidden Dragon” simultaneously on Netflix and IMAX. As Brooks Barnes of the New York Times explains, the plan only has one problem; movie theaters refuse to show any film that opens day-and-date on home video or video-on-demand. This begs the question, if a movie never opens theatrically, was it’s release window really broken?
Netflix continued to make additional headlines later in the week by signing a deal with actor Adam Sandler to make four original movies for the streaming service. We discuss whether Netflix is changing the Hollywood paradigm or simply becoming one more buyer of premium content.
While Netflix is leaning into the future, director Christopher Nolan is taking a more old fashioned approach by releasing his upcoming movie on actual film. Select theaters showing “Interstellar” on analogue celluloid will get the film two days early. But will theater owners, who recently converted to digital cinema, still know how to thread a 35mm projector?
Of course, we also cover the week’s top entertainment news stories including the death of Saturday morning cartoons, why U2 released their latest album on vinyl and how Facebook is helping “Twilight” live on through a series of short films.
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Showbiz Sandbox 251: In the Digital Age, Content Rights Are King
September 29, 2014
Whether an illustrator creating legendary comic book characters for Marvel or a 1960’s pop group that hasn’t had a hit in decades, owning the rights to the content one produces has never been more important thanks to emerging digital distribution platforms. Unfortunately, determining who owns the rights for specific content is becoming increasingly more difficult.
For example, last week’s landmark court ruling against satellite radio provider Sirius XM could mean the company has to start paying public performance royalties on pre-1972 sound recordings. The case has huge copyright implications not just for Sirius XM, but also to streaming radio services like Pandora.
Access to content is likely the reason Softbank is making a play to acquire DreamWorks Animation. Should a deal be struck then only time will tell whether there is actually any synergy between the animation studio and the Japanese conglomerate.
Of course, we also cover the week’s top entertainment news stories including the approval of drones for film production, new stars for the upcoming season of “True Detective” and remixing actor Stephen Fry’s new memoir.
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