Showbiz Sandbox 426: China Gets A Tighter Grip On Its Entertainment Industry
October 8, 2018
When movie star Fan Bingbing went missing in June there was little doubt that the Chinese government had her in custody for tax evasion. Confirmation came this week when the actress resurfaced, apologizing to the country and begging for “everyone’s forgiveness!”. Chinese authorities have announced Fan will pay at least $70 million in back taxes or face criminal prosecution.
The episode has shined a spotlight on the use of what are known in China as “yin-yang contracts,” wherein two different contracts for different amounts are used; one with the full value of the contract and one with a lower value used with tax agencies. Now that the government seems to have taken notice, the Chinese film and television industry has come to a standstill as everyone restructures their deals to comply with the country’s tax laws.
Speaking of China, Hollywood’s share of the country’s box office for the year is off by roughly $500 million and we wonder why. Back in North America, September grosses nearly set an all time record and October is off to a great start.
Of course we also cover the week’s top entertainment headlines including how Apple is stumbling its way into original TV programming, the RIAA diversifies and Bill Cosby heads to jail.
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Showbiz Sandbox 421: How “Grand Theft Auto” Got Its Groove On
August 27, 2018
The popular video game franchise “Grand Theft Auto” has already made over $6 billion for its publisher Rockstar. Now as the game moves online its players have listened to 75 billion minutes of music. Players can stream 18 online radio stations as they make their way through the game and even buy a nightclub to book performances by major DJ’s like Black Madonna. It’s the latest digital revenue stream for record labels and artists as sales of physical media taper off.
Meanwhile, just as the Justice Department was set to investigate whether the Paramount Decrees are still necessary, a small movie theater operator in Texas is suing the world’s largest cinema chain, AMC, claiming they colluded with studios to prevent them from getting new releases. The case proves just how hard proving antitrust allegations can be.
In the United Kingdom a movement among actors to be treated more fairly during the audition process has turned into a campaign with its own hashtag; #YesorNo. Actors simply want to know whether they have gotten a role or not after an audition. Some say being ignored entirely is worse than being rejected.
Of course we also cover the week’s top entertainment news including the final season of “The Big Bang Theory,” the Eagles break a sales record in a dubious fashion and Cuba Gooding, Jr. is headed to Broadway by way of “Chicago.”
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Showbiz Sandbox 415: Along With Box Office, Movie Star Salaries Are On The Rise In China
July 9, 2018
We’ve been told for years now that the theatrical box office in China will ultimately surpass that of North America, probably by 2017… or 2018, or definitely by 2020. But higher grosses have pushed the salaries for the country’s most sought after movie stars to astronomical proportions, something frowned upon in China. In fact, the Chinese government has now stepped in with a new set of regulations capping the salaries paid to talent on movies and television shows and have begun to scrutinize contracts more closely.
On the other hand, The Grammys have decided bigger is better. The Grammys are following the lead of most major awards and expanding its top categories. Instead of announcing the Best Five Album Of The Year nominees, they’ll be announcing eight. The same goes for Best Record and Best Song and Best New Artist. All other categories remain the same.
Meanwhile the group that votes on each year’s most coveted movie awards just got a little bigger. The Academy of Motion Pictures Arts & Sciences invited a record 928 people to their club with half the invites going to women and 38% to people of color.
Of course we also cover the week’s top entertainment news including how Spotify hopes to earn revenue by selling movie tickets, credible rumors about new “Star Trek” series and MoviePass officially adopts surge pricing.
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Showbiz Sandbox 413: Let the Media Merger Mania Commence
June 18, 2018
In one of the most significant antitrust cases in decades, last week a federal judge cleared the way for AT&T to complete its acquisition of Time Warner, ruling that the Department of Justice failed to make a convincing argument the deal would be bad for consumers. The decision opens the door for what many believe will be a wave of corporate mergers as existing media outfits look to thwart off threats from tech giants entering the space such as Amazon, Apple and Netflix.
Evidence of this was apparent within days as Comcast made an official all-cash offer to acquire a majority of Twentieth Century Fox’s assets. The Fox board will meet this week to decide who will wind up acquiring them; Disney or Comcast.
We follow up the Tony Awards to applaud its big winner “The Band’s Visit,” celebrating the success of indie producers on a Great White Way dominated more and more by corporations. We also shoot down the idea that winning the Tony for Best Musical isn’t a boost at the box office.
Of course we also cover the week’s top entertainment news including how Bryan Singer will wind up with director’s credit on the Queen biopic from which he was fired, Oprah Winfrey signs a deal with Apple and why a tax scandal in China over a major star’s salary has the industry on edge.
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Showbiz Sandbox 398: Streaming Services Crowd The Field During Super Bowl
February 5, 2018
The ratings for this year’s Super Bowl may have declined 7% and we might know why. After all, there were ads for Hulu, Netflix movies like “The Cloverfield Paradox,” Amazon Prime’s Jack Ryan series and even a few movies that might appear in theatres later this year. Oh, there was also a pretty good football game that came down to the last play.
The big game usually puts a damper on the box office in North America, but it certainly doesn’t help when new releases can’t hold their own against titles that opened in December. Even so, international grosses are where all the action is these days and over the past week a Bollywood title managed to beat out the latest “Maze Runner” installment in China. We’ll explain why.
Meanwhile, the Oscar race is coming into sharper focus now that the Director’s Guild has handed out their top awards to “The Shape of Water” and “Get Out”. It’s important to remember however, that the preferential ballot has managed to upend the Best Picture category recently.
Of course we also cover the week’s top entertainment news including why there is a petition for RIAA president Neil Portnow to resign, compact discs are slowly disappearing from retail outlets and Netflix may team up with Luc Besson.
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Showbiz Sandbox 396: Has the #MeToo Movement Pushed Actress Salaries Higher?
January 22, 2018
As Hollywood continues to grapple with how to handle decades of sexual misconduct one immediate benefit for women throughout the industry may come in the form of higher paychecks. Take actress Ellen Pompeo, for instance. The star of “Grey’s Anatomy” for the past 13 years dished the dirt on her contract with ABC and after years of trying to be paid as much as the male leads of the show, she now makes $20 million per season.
Naturally not everyone working in television who is looking to be paid what they are worth, or even what they are owed contractually, is a woman. Frank Darabont, who created the hit series “The Walking Dead” has been suing AMC for years over profit participation in the show he was fired from. Now Darabont is returning to court armed with even more evidence the network tried to hoodwink him.
Meanwhile the awards season plows on with some claiming there are no front runners in the Oscars race. That seems strange when “The Shape of Water” (The Producers Guild) and “Three Billboards Outside Ebbing, Missouri” (SAG Awards) keep winding up at the top of most lists.
Of course we also cover the week’s top entertainment news including why the Huffington Post is saying goodbye to its bloggers, YouTube sets new guidelines for its partner program and MoviePass gets into the film distribution game.
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Showbiz Sandbox 395: The Future of Television Is Now and It’s Online
January 15, 2018
Though the number of pay-TV subscribers grew by 1.2% last year, in mature media markets consumers continue to cut the cord, migrating to over the top (OTT) services provided by an increasing list of streaming services. In fact, Hulu just announced they now have 17 million subscribers for their on-demand and live-TV services. The promise of a future wherein we could watch whatever we want, whenever we want may finally be here. Now all we need is half a dozen streaming subscriptions.
Meanwhile, as the Directors Guild of America and BAFTA announce their nominees for year end honors, the awards season begins to further define some of its frontrunners. Though not always telling of who might wind up on Oscars shortlist, “The Shape of Water” and “Three Billboards Outside Ebbing, Missouri” continue to rack up the most nods.
And unfortunately cases of sexual misconduct continue to make headlines. The revered French actress Catherine Deneuve joined 100 other women from France to accuse the #metoo movement of having a pack mentality that sometimes mistakes flirting for sexual assault and winds up destroying people’s lives in the process.
Of course we also cover the week’s top entertainment news including why YouTube is facing a backlash over a post by one of its popular vloggers, “Modern Family” will end after its tenth season and why Radiohead might be suing Lana Del Rey over copyright infringement. Read more
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Showbiz Sandbox 388: Contemplating A Fox In The Mouse House
November 13, 2017
The Walt Disney Company reported earnings for the past year fell 1% as media networks help drag down profits. With revenue from its sports network ESPN declining, the entertainment conglomerate is now looking to get even bigger through acquisitions that will bolster its streaming media service. Specifically, Disney has been eyeing key assets of 21st Century Fox’s film and television holdings.
As the media landscape shifts, becoming more fractured, so too have the ways in which content such as movies and television shows is monetized. In an age where new entrants make their money selling electronic devices (Apple) or other products (Amazon) it would appear that size matters. Thus the reason investors are bullish on a deal between Disney and Fox.
Once again we can not avoid discussing the sexual harassment allegations that have erupted in Hollywood and started to spread into other industries, even politics. With each passing week another celebrity or power player sees their life fall apart amidst accusations of misconduct. The latest is comedian Louis C.K. who says the claims against him are all true.
Of course we also cover the week’s top entertainment news including Taylor Swift’s latest album shattering sales records, Jennifer Anniston starring in Apple’s first scripted television series and Vanity Fair names a new editor-in-chief.
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Showbiz Sandbox 387: Has Star Wars Turned Disney Into The Evil Empire?
November 6, 2017
Last week it was released that Disney would be charging movie theaters a record high percentage of box office and a minimum guaranteed run in order to book “Star Wars: The Last Jedi.” At the same time, the studio has blacklisted the Los Angeles Times from reviewing and covering its films. We’ll explain why.
In television news, the Nielsen ratings company is giving us a peek into viewership for the Netflix series “Stranger Things.” And the BBC is opening up its digital platform to different sports leagues so more games can be seen for free by more people.
We also continue to provide updates on the sexual harassment allegations that have plagued the entertainment and media industries over the past month. The rap sheet of people fired or quitting over revelations they’ve been sexually harassing and assaulting people for years grows longer and longer…starting with Kevin Spacey, who has seen his life collapse in just one week.
Of course we also cover the week’s top entertainment news including discussion of a “Lord of the Rings” television series, how YouTube has become a leading music curation platform and the Country Music Awards try and squelch the debate over gun control.
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Showbiz Sandbox 381: Telluride and Toronto Continue To Shape Awards Season
September 18, 2017
Each year the Venice, Telluride and Toronto film festivals are held so closely together their programming often overlaps as each vies to land titles that will be in the running for major awards (read: Oscars). Anne Thompson, Indiewire’s editor at large, has just returned from Telluride and Toronto and she fills us in on all the festival season favorites.
While Thompson was in Toronto enjoying movies like “The Shape of Water” from director Guillermo del Toro, film buyers were struggling to find anything to pick up. There was a general sense that all the worthwhile titles had been cherry picked before the festival even began.
Meanwhile the Emmy Awards were held over the weekend honoring the best television from the past year. At this year’s ceremony a disruptive streaming video provider made a big splash, though not the one everyone expected. Hulu took home the Best Drama Emmy for “The Handmaid’s Tale”, despite Netflix having three shows nominated in the category.
Of course we also cover the week’s top entertainment news including the head of NBC admitting most of its primetime viewership is not watched live, George R. R. Martin’s new TV series and MoviePass surpsasses 400,000 subscribers in under a month.
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