Showbiz Sandbox 377: Disney Breaks Up With Netflix To Launch Solo Streaming Service
August 14, 2017
After years of licensing their movies to Netflix, Disney announced last week that it will be launching their own streaming service when their current deal expires. Then in a true reordering of the media landscape, Disney also revealed it will be creating a standalone subscription streaming service for ESPN. Realistically though Disney might be one of the few entertainment companies that could successfully pull off direct-to-consumer strategy on such a grand scale.
Perhaps Disney felt threatened by content distributors like Netflix and felt compelled to make a move. After all, just days after making their announcement Netflix said it had lured producer Shonda Rhimes away from Disney’s ABC Studios to make original programming for its own service. Netflix also stole hitmaker Chuck Lorre away from CBS and cut a deal with the Coen Brothers to make one of their next projects.
Meanwhile, there’s lots of drama on Broadway, literally and figuratively. Everyone is talking about the collapse of the musical “Natasha, Pierre and the Great Comet of 1812,” which has charges of racism, unprofessionalism and bad management swirling around it. Now the show is closing long before its $12 million budget was recouped.
Of course, we also cover the week’s top entertainment news including how Warner Music Group posted big revenue gains thanks to streaming, Bruce Springsteen heads to Broadway and the emergence of a new Chinese media magnate.
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Showbiz Sandbox 373: Is the Academy’s Diversity Fix Misguided?
July 3, 2017
After a controversy that faulted the Academy of Motion Picture Arts and Sciences for being too white, too male and too old, the organization has made great strides to broaden the diversity of its membership over the past two years. During that time the Academy invited over 1,450 new members to join its hallowed ranks, many of whom were women and people of color. Yet there are now grumblings that in the rush to bring in fresh blood the Academy may have lowered its standards for membership.
Major Hollywood studios are less concerned with the Academy’s membership than they are with whether Chinese exhibitors are reporting box office correctly. The MPAA and U.S. trade organizations have forced the Chinese government to let an international firm audit ticket sales for imported films at cinemas throughout the country.
We also review a listener email which goes to great lengths in explaining why satellite radio giant SiriusXM would want to purchase a stake in the online radio streaming service Pandora. The deal is setting up a senior management showdown over the digital music pioneer’s future business model.
Of course, we also cover the week’s top entertainment news including why Adele is canceling the final two shows of her tour at Wembley, how Sony plans on pressing vinyl records again after nearly 30 years and Oscar winning actress Olivia de Havilland lets FX know she doesn’t appreciate being portrayed in “Feud” by filing a lawsuit.
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Showbiz Sandbox 370: Tony Awards Prove Unnecessary For Some Broadway Shows
June 12, 2017
Historically winning a Tony Award can make a big difference in the financial success of a Broadway production. This year’s awards were handed out on Sunday, but some shows may not need to win a Tony to win on Broadway. Ticket sales for “Anastasia”, “A Bronx Tale” and “Come From Away” have been doing just fine without all the accolades.
And when Broadway shows leave the Great White Way to tour the world, they are attracting record audiences. In North America alone 14 million people attended live theatre productions in roughly 200 cities, bringing in $981 million.
Meanwhile, Taylor Swift is making her entire back catalogue available via on-demand streaming services such as Spotify. That she announced this news the same day as Katy Perry released her latest album led many to wonder if this was another round in an old pop-star rivalry.
Of course, we also cover the week’s top entertainment news including why the Amazon Prime Video app is coming to the Apple TV, satellite radio giant SiriusXM makes a huge investment in Pandora and Bob Dylan finally delivers his Nobel Prize speech.
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Showbiz Sandbox 369: When the Punishment Doesn’t Fit the Comedy
June 5, 2017
Kathy Griffin and HBO’s Bill Maher learned first-hand last week just how easy it is to cross the line wherein one’s jokes and antics go from being humorous to offensive. But after apologies are issued and near-term financial repercussions are suffered, should the careers of boundary pushing comedians really come to an end because of one regrettable mistake?
Meanwhile with Apple introducing a ton of new hardware at its Worldwide Developer Conference, the company is actually reaping more rewards from its content business. In fact, last quarter Apple earned more from selling content than most media conglomerates earned during the same period.
We’ll also tell you why the beloved radio DJ who helped discover acts such as the Sex Pistols and the Ramones is leaving his weekly show after 40 years. (Hint: It wasn’t his decision.)
Of course, we also cover the week’s top entertainment news including journalist Megyn Kelly’s anticipated return to television, a non-English single tops the Billboard charts and big name musical acts hold a benefit pop concert to raise money for victims of a terrorist attack in Manchester.
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Showbiz Sandbox 367: Netflix Makes Waves At the Cannes Film Festival
May 24, 2017
If the Cannes Film Festival’s decision to premiere two Netflix films in competition was controversial when it was announced, it was all anyone could talk about once the festival actually began. It didn’t help that this year’s jury president, director Pedro Almodovar of Spain, made headlines on the first day when he was mis-translated as saying he wouldn’t award films that won’t play in cinemas with any prizes.
Just about every filmmaker and movie star attending Cannes has been asked about their opinion on the streaming versus cinema debate, though most have offered ambivalent answers, realizing that their next paycheck might be coming from Netflix or a similar service. To be sure, the discussion is far from over.
Meanwhile, after recent terrorist attacks throughout Europe, including nearby Nice, security has been tighter than ever for the more than 50,000 attendees in Cannes this year. This has caused delays at festival events for the first time in recent memory, though everyone has been very understanding. Especially this week, after bomb was set off at an Ariana Grande concert in Manchester, England killing 22 people.
Of course, we also cover the week’s top entertainment news including how TV networks are learning to take advantage of Ramadan to boost viewership, King Kong will try to tackle Broadway and Jimmy Kimmel will return as the host of next year’s Oscar telecast.
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Showbiz Sandbox 363: With Bill O’Reilly Gone, Cable News Begins A New Chapter
April 24, 2017
After twenty years as the face of Fox News, Bill O’Reilly was responsible for nearly 20% of the network’s revenue. Even so, Fox made the decision to fire O’Reilly last week after reports that he had paid out settlements over the years to women accusing him of sexual harassment. At least, that’s how Fox spun the story, not wanting to admit the controversial news host was causing the network too look bad and lose advertisers.
O’Reilly wasn’t the first on-air host Fox News has lost over the last year. A string of anchors, including the popular Megyn Kelly left for new deals at other networks. With Fox’s entire primetime lineup upended so suddenly, other media outlets are beginning to make a move to overtake the top cable news network.
Meanwhile, China continues to issue release dates for big Hollywood movies at a rate that will likely surpass their own quota on imported films. One thing is for sure, none of the movies China approves will star Richard Gere. We’ll explain why.
Of course, we also cover the week’s top entertainment news stories including why it doesn’t matter that Netflix didn’t meet its quarterly subscriber goals, the return of “X-Files” and Kevin Spacey gets tapped for the Tony Awards.
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Showbiz Sandbox 356: The Future of 4K Ultra HD Streaming Is Upon Us
February 20, 2017
FCC Commissioner Michael O’Rielly has a history of voting against raising the standard level of what constitutes high-speed broadband service. Now he’s publicly dismissed 4K video streaming as a figment of the future, so far off it won’t be adopted for many years. Could O’Rielly be correct in his dim forecast about the foreseeable future of Ultra HD? Short answer: no.
The arguments against media technology adoption revolve around the availability of content and devices. However, neither seems to be presently lacking. More and more consumer electronics manufacturers are phasing out HD televisions in lieu of new 4K models, while the likes of Netflix and Amazon offer 4K streaming of movies and television shows.
Meanwhile, we review the latest accolades handed out by the Writers Guild and the Berlin Film Festival as we gear up for next week’s Oscar ceremony by making a few haphazard predictions of our own.
Of course, we also cover the week’s top entertainment news stories including why Disney is dumping a YouTube star, the New York Times is ditching one of its longtime theatre critics and the reason Playboy magazine is going all in on nudity.
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Showbiz Sandbox 349: How the 2016 Box Office Defied the Odds
January 3, 2017
Apparently political pollsters aren’t the only forecasters whose predictions can be wrong. With fewer high profile blockbusters than 2015, some in Hollywood believed that the 2016 North American box office could surpass the previous year. However, a number of unexpected hits like “The Jungle Book” and “Deadpool” helped box office climb to a record high of $11.4 billion.
Meanwhile in China, the rapid box office growth that saw a 50% rise in 2015 slowed dramatically. In fact, the country’s box office actually fell in the last half of 2016, causing a modest 3% gain, year-over-year. We’ll explain what caused the Chinese box office to cool off so quickly and why there may be some good news buried in the financials.
Our resident theatre expert Michael Giltz will brief us on all the new productions opening on Broadway this spring. He’ll tell us which shows he would invest in (if he had the money) and which might be headed to a town near you when they go out on tour.
Of course we also cover the week’s top entertainment news including this year’s Rock and Roll Hall of Fame inductees, a banner year for cable news networks and how record labels are finally seeing some profits from streaming music revenue.
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Showbiz Sandbox 339: The Slow Death of a Sundance Hit
October 10, 2016
With its racially charged themes striking a timely chord, “The Birth of a Nation” garnered acclaim and a $17.5 million distribution deal at this year’s Sundance Film Festival. However after it became known that its director and star was once accused (though acquitted) of rape, a question was raised over whether art can be separated from its creator. Many will argue that the answer lies in the movie’s poor critical reception and tepid box office.
What was touted as a contender for multiple Oscar nominations this year, “The Birth of a Nation” may ultimately break even in theatres before going on to earn most of its money in ancillary markets. If it were up to Reed Hastings though, the film would have been released on VOD and in cinemas at the same time. The Netflix CEO claims theater owners are strangling the movie industry with their insistence on release windows.
Meanwhile, there are calls by some in Congress for the Justice Department to review the growing number of business acquisitions being made by Wanda, a Chinese conglomerate. Having purchased multiple movie theater chains and at least one Hollywood production company, some legislators believe the U.S. is allowing Chinese state-controlled companies to gain too much soft power
Of course we also cover the week’s top entertainment news including why executives are disappearing from BBC’s Radio 1, how Disney cast a sequel to “Mary Poppins” without a script and what the future may hold for celebrity newscaster Billy Bush.
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Showbiz Sandbox 330: Rio Olympics Faces Competition for TV Viewers
August 8, 2016
The 2016 Summer Olympics are underway in Rio de Janeiro, Brazil and there are more ways to watch the games than ever before. In the United States, NBC is broadcasting 6,800 hours of coverage from Rio across 11 television channels and 41 live online streams. We look at the declining TV ratings and whether all the action is happening in primetime or online. And does that even matter?
What didn’t seem to matter at all were the dozens of negative reviews movie critics skewered threw at the latest DC Comics adaptation, “Suicide Squad”. After being universally panned, the film went on to break global and North American box office records when it opened over the weekend.
The Television Critics Association summer press tour has proven to be a hotbed of video streaming news. For instance, Time Warner bought a 10% stake in Hulu and NBC let slip they will be announcing their own streaming plans soon. Meanwhile, rumors are circulating that Apple wants to build a TV guide to let everyone know how and where there favorite shows can be found.
Of course we also cover the week’s top entertainment news including Oprah’s latest book club pick, the albums nominated for this year’s Mercury Prize and George R. R. Martin books another TV series.
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