Showbiz Sandbox 657: New Streaming Business Models Require New Measurement Tools
May 7, 2024
Streaming services seem to have settled on engagement as the metric by which to measure the success of a series or movie or even the platform itself. However, the industry has yet to decide a method for how to measure and report such figures in a consistent way. Some services publish random viewership figures citing how many subscribers sampled specific programming without describing how that figure is calculated.
This is becoming a big problem now that labor unions depend on reliable data to make sure studios, networks and streamers are keeping their end of the bargain when it comes to sharing profits for big hits.
Of course we also cover the week’s top entertainment headlines including this year’s Tony nominations for Broadway shows, television producer Dan Schneider sues the filmmakers behind the “Quiet On Set” Documentary, and Madonna performs in Rio de Janeiro for more than 1.5 million fans.
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Showbiz Sandbox 654: CinemaCon Promotes A Bright Future for Movie Theatres
April 16, 2024
CinemaCon, the annual gathering of cinema operators in Las Vegas, was filled with anxiety this year thanks to a lack of wide releases due to the recent labor strikes. However, most Hollywood studios showed up with a few movie stars to hawk an increasing number of big titles due later in the year and into 2025. As well, technology companies introduced some exciting new advances in projection and image quality. In all, the conference pointed toward better days ahead for movie theaters.
In even better news, it looks as if the many behind-the-scenes craft people who work on films and television shows may not go on strike like the writers and actors did last year. The International Alliance of Theatrical Stage Employees (IATSE) appears to be having very positive negotiations with Alliance of Motion Picture Television Producers on a new contract.
Of course we also cover the week’s top entertainment headlines including how Disney won its shareholder battle, the winners of this year’s Writers Guild Awards and CBS whips up a new streaming news service.
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Showbiz Sandbox 650: “Oppenheimer” Gives Christopher Nolan His Oscar Moment
March 12, 2024
As expected, “Oppenheimer” dominated the 96th Academy Awards winning seven categories including Best Actor, Best Picture and, for Christopher Nolan, Best Director. “Barbie” only picked up a single trophy for Best Original Song. Anne Thompson, Indiewire’s Editor-at-Large attended this year’s Oscar ceremony and joins us to describe what it was like to be in the room where it happened.
Meanwhile, a recent Supreme Court ruling ending affirmative action based college admissions has led to a reverse discrimination lawsuit against CBS by a script coordinator of the show “SEAL Team.” The outcome could determine whether it becomes the first of many more such legal actions.
Of course we also cover the week’s top entertainment headlines including how the BBC is going all in on the streaming service BritBox, the launch of a new author driven publishing house and Kanye West’s latest album tops the charts despite not being on streaming services.
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Showbiz Sandbox 598: Streaming Growth Goes International
November 9, 2022
It’s no secret that streaming services have been affecting every part of the entertainment business in one way or another, from movies and television to music sales and book publishing. After the latest round of earnings announcements from major media conglomerates a few realities become clear; producing original content for direct-to-consumer streaming offerings is costing a fortune and any significant subscriber growth is going to come from overseas territories.
Meanwhile, Taylor Swift’s latest album, “Midnights” might be topping the sales and Billboard charts, however it won’t be eligible for a Grammy in 2023 because it was released after September 30th of this year. The same goes for Bruce Springsteen, Charlie Puth, Gorillaz, Red Hot Chili Peppers, 1975, Carly Rae Jepsen, Arctic Monkeys and Smashing Pumpkins. On the other hand, Silk Sonic have decided not to have their debut album compete for an Album of the Year Grammy.
Of course we also cover the week’s top entertainment headlines including why K-Pop phenoms BTS are headed to the army, how the performing rights organization BMI is becoming a for-profit entity and embattled actor Kevin Spacey is found not liable in a sex abuse lawsuit.
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Showbiz Sandbox 591: Live Sports Becomes the Costliest Battle of the Streaming Wars
August 30, 2022
There is no better evidence that the streaming wars are still in full swing than the news that streaming services are accounting for more viewing than cable television for the first time in history. As streaming media companies fight for market share, they have turned to live sports as a means of driving subscriber growth. However, vying with traditional networks for broadcast rights has driven the cost of live sports to record setting levels.
While there might be an audience for live sports, new data shows attendance has fallen by as much as 50% for live performances such as Broadway, opera and classical music concerts. Pop concert tours, on the other hand, have never been more successful, or more expensive.
Of course we also cover the week’s top entertainment headlines including the reason some movie stars are ditching social media for their own sanity, the second largest movie theater chain in the world may file for bankruptcy and why Mariah Carey should not become the Queen of Christmas.
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Showbiz Sandbox 584: Cannes Film Festival Showcases Industry Revival
May 31, 2022
Unlike some years, there was no frontrunner or obvious favorite to win the Palme d’Or at the 75th annual Cannes Film Festival which concluded over the weekend. Instead, the social satire “Triangle of Sadness” from Swedish filmmaker Ruben Östlund took the festival’s top prize, the second time he has won the award. We discuss the highlights and big winners from this year’s Cannes.
Meanwhile “Top Gun: Maverick,” which was shown at Cannes, finally premiered in movie theaters setting all kinds of box office records. It is far and away the biggest opening weekend its star Tom Cruise has ever had as it looks to go on and become his biggest hit.
Of course we also cover the week’s top entertainment headlines including the winner of this year’s Eurovision song contest, Justin Timberlake sells his recording catalog and politicians hope to strip Disney of its Mickey Mouse copyright.
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Showbiz Sandbox 583: The Long and Winding Road to Box Office Recovery
May 10, 2022
With each new superhero blockbuster that hits multiplexes it is clear that big well-done movies can score big at the box office. However it is a huge mistake to treat every new release as the barometer of whether cinema is back. Especially when smaller films like “Everything Everywhere All at Once” and family movies like “Sonic the Hedgehog 2” are proving just as successful in getting post-pandemic audiences back into theaters.
Meanwhile, record labels and streaming services have been fighting with music publishers over mechanical royalties for years now.
However, in a tentative deal on actual music sales, the mechanical royalty will rise more than 30% from 9.1 cents per track to 12 cents. Moving forward, the royalty will be pegged to inflation.
Of course we also cover the week’s top entertainment headlines including this year’s Tony Nominations, Dave Chappelle gets attacked on stage during a performance and a new class of Rock and Roll Hall of Fame inductees.
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Showbiz Sandbox 579: The Award For Best Awards Show Goes To The Grammys!
April 5, 2022
The coronavirus pandemic once again nearly foiled the Grammy Awards, delaying the ceremony and forcing the event to relocate to Las Vegas. Yet once again, the show’s producers managed to do a stellar job of putting together all-star performances that helped promote and celebrate music. We discuss our thoughts on the telecast and all the winners.
Speaking of awards shows, Will Smith’s actions at last week’s Academy Awards continues to generate lots of fallout and finger pointing. We have a thought on how awards shows should handle such moments in the future.
Of course we also cover the week’s top entertainment headlines including how Netflix may be looking to pinch their pennies, why media outlets continue to hire former political staffers and the illness that is causing Bruce Willis to retire from acting.
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Showbiz Sandbox 573: Paramount Takes A Global Approach to Streaming
February 21, 2022
During its most recent earnings call ViacomCBS outlined how they plan on reorganizing the media giant to compete with streaming leaders such as Netflix. First they are bringing content from all of their current services into Paramount+ and retaining the rights to popular programming such as “South Park.” They announced a glut of new projects including a new “Star Trek” movie and to hammer the point home changed the company name to Paramount Global. Wall Street immediately responded by selling off shares.
Meanwhile, the Academy Awards announced their COVID health and safety guidelines for this year’s Oscars ceremony. Masks and proof of vaccine will be required, depending on who you are, where you’re sitting and whether you’re appearing on the telecast. Everyone seems to agree, the rules are confusing and don’t seem to make much sense.
Of course we also cover the week’s top entertainment headlines including how actor Tom Holland is ruling the box office in two different movies, more leadership shakeups at CNN and Netflix strikes a deal with comedian Dave Chappelle.
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Showbiz Sandbox 562: The Death of Network Television Is Greatly Exaggerated
November 16, 2021
While the entertainment industry and Wall Street may be distracted by the growth of streaming services and their subscriber numbers, senior network television executives are reminding everyone that linear TV is far from dead. In fact, according to the latest viewing metrics, more audiences are tuning into network television programs on a consistent basis than actually watch streaming content.
Meanwhile, while the fall film festival season may be dominated by events in Toronto, Telluride and Venice, there are still a number of festivals taking place that are just as noteworthy, including the AFI Fest and Doc NYC. We’ll discuss some of this year’s official selections at both of these festivals.
Of course we also cover the week’s top entertainment headlines including why a high profile director walked away from the next Star Wars movie, Peter Jackson sells his special effects toolkit and Spotify starts a new chapter in streaming.
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