Showbiz Sandbox 636: Why Streaming Subscriptions Are Getting More Expensive
November 1, 2023
When Netflix announced its earnings for the third quarter of 2023 it also confirmed that it would be increasing prices for those that don’t want to view ads. Amazon recently said it would also be raising the price for the ad-free tier of Prime Video. It turns out these streaming services have discovered they make more revenue per subscriber when they are willing to watch ads. Now all they need to do is scale their advertising subscriber-base.
Meanwhile, there are signs that talks to settle the actors’ strike may be going well. Though the strike’s damages have already been done with studios postponing releases until 2025 and television ad rates plummeting.
Of course we also cover the week’s top entertainment headlines including why music publishers are taking legal action against artificial intelligence companies, how record labels are trying to prevent artists from re-recording their albums and the untimely death of Matthew Perry.
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Showbiz Sandbox 631: Telluride and Toronto Film Festivals Kick Off Unusual Awards Season
September 20, 2023
Every annual awards season has its own strange rhythm and unexpected twists. But with both actors and writers on strike, unable to promote certain movies, surely this year’s awards season will be the strangest of all. At the heart of the madness is Anne Thompson, the Editor-at-Large of Indiewire. The awards season expert is back from both the Telluride and Toronto International Film Festival and she fills us in on which movies managed to drum up some buzz during the fall festival circuit.
Meanwhile, the WGA and SAG-AFTRA strikes roll on without any contract negotiations taking place. Drew Barrymore and Bill Mahr both got into hot water with the guilds by trying to start up production of their talk shows without writers. They quickly reversed course.
Of course we also cover the week’s top entertainment headlines including Dua Lipa’s book club, music sales hit a new record and why the founder of Rolling Stone magazine was booted out of the Rock and Roll Hall of Fame.
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Showbiz Sandbox 630: Resurrecting Silent Films Can Be Profitable (Theoretically)
September 12, 2023
The 1923 silent film “The Spanish Dancer” starring Pola Negri is the latest restoration project being theatrically released by Milestone Film & Video, one of the key players over the past 30 years in resurrecting forgotten and neglected films. We are joined by Dennis Doros, the co-founder of Milestone, who tells us how he turned a labor of love into a viable business.
Meanwhile, unlike the carriage dispute between Disney and the cable provider Charter Communications, which was settled early this week, the writers and actors strike against Hollywood studios and networks appears to have no end in sight.
Of course we also cover the week’s top entertainment headlines including the winners of this year’s Venice Film Festival, a new artist-centric royalty scheme for music streaming and how criminals are using Spotify to launder money.
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Showbiz Sandbox 628: An Inside Look at Streaming’s Microscopic Residual Payments
August 30, 2023
The recent success of the television series “Suits” on Netflix has shined a spotlight on how much money writers make on a cable or broadcast hit versus one on a streaming service. Last week one of the show’s writers revealed the vast difference in residual payments he received between linear and streaming underscoring why the WGA is currently on strike.
Meanwhile, with the WGA and SAG-AFTRA striking in strong solidarity, the AMPTP has hired a public relations crisis management firm. Studios, realizing the strike shows no sign of ending, have begun postpone tentpole releases such as “Dune 2” into 2024.
Of course we also cover the week’s top entertainment headlines including how Amazon has shown interest in partnering with Disney on ESPN, how preview screenings are messing up box office calculations and why musicians seem to be dumping manager Scooter Braun.
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Showbiz Sandbox 627: Linear TV Drops Below 50% In U.S. For First Time
August 22, 2023
The number of households in the United States subscribing to traditional pay television services has dropped below 50% for the first time in the two years Nielsen has been tracking such metrics. And it’s not that viewers are cutting the cable cord, they’re just watching their favorite television shows and movies on streaming services more than they are on broadcast and cable.
Meanwhile, the writers and actors’ strikes show no sign of ending. One of the big sticking points is over the use of artificial intelligence in future productions. Now a new court ruling sided with the Copyright Office and said works solely generated by AI cannot be copyrighted.
Of course we also cover the week’s top entertainment headlines including why Disney is being sued by one of its finance partners, why an Iranian filmmaker is being thrown in prison and some box office shenanigans taking place in Korea.
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Showbiz Sandbox 626: Will Disney’s Big Wager On Sports Betting Pay Off?
August 15, 2023
Though Disney had previously dismissed the idea of venturing into sports betting, saying it didn’t fit the company’s image, the media giant signed a billion dollar agreement this week with a little known online gambling company. The move comes as Disney’s linear television revenue is declining with no end in sight and losses for its streaming service continue to mount. Will ESPN Bet help bolster Disney’s balance sheet?
Meanwhile the dual writers and actors strikes continue though the AMPTP held what was reportedly a productive conversation with the Writers Guild over the past week. Hollywood will need to get comfortable with holding labor negotiations since more of its workers are opting to unionize.
Of course we also cover the week’s top entertainment headlines including why Paramount is selling publishing giant Simon & Schuster, India has one of its biggest box office weekends of all time and why you might not want to work for Lizzo anytime soon.
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Showbiz Sandbox 624: Hollywood Is Bungling Its Barbenheimer Momentum
August 2, 2023
The idea of counter-programming the simultaneous global release of “Barbie” and “Oppenheimer” over the same summer weekend always seemed like a gamble. But somehow Greta Gerwig’s comedy about a popular toy doll and a Christopher Nolan’s biopic of the renowned nuclear physicist wound up becoming a worldwide phenomenon breaking all sorts of box office records over its first two weeks. Now, instead of capitalizing on this success, Hollywood studios are determined to drag out a dual strike with writers and actors which shows no sign of ending anytime soon.
Having joined the Writers Guild of America on the picket lines, SAG-AFTRA continues to make its case in the court of public opinion. Unfortunately, producers (meaning studios, streamers and networks) aren’t ready to start negotiating a compromise.
Of course we also cover the week’s top entertainment headlines including country music’s big moment, why Disney CEO Bob Iger called in some former senior executives to consult with the company and how video streaming is hitting new heights.
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Showbiz Sandbox 623: Actors Join Writers In Historic Dual-Strike
July 18, 2023
Film and television production ground to a halt last week in Hollywood (and elsewhere) when actors joined the already striking writers on the picket line. This marks the first time in 63 years that the Writers Guild of America and the Screen Actors Guild has been on strike at the same time and it is an existential moment for the entertainment business which could set the tone for labor relations for decades to come. Entertainment attorney and journalist Jonathan Handel drops by to give us all the details.
Meanwhile, the Emmy Award nominations were announced last week, though thanks to the ongoing strike(s) who knows when the ceremony will be held. What we do know based on the nominations is that in a world of peak TV, Emmy voters watched about…four shows last year!
Of course we also cover the week’s top entertainment headlines including why Disney is looking to sell off certain television assets, the BBC finds itself embroiled in another scandal and Taylor Swift becomes only the third artist to ever have four albums in Billboard’s top ten in a single week.
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Showbiz Sandbox 622: Actors and Writers Agree That AI Ain’t So Smart
July 11, 2023
The Writers Guild of America members have been on strike for over two months now and might soon be joined by the Screen Actors Guild. When it comes to artificial intelligence however both guilds agree; when their members’ work is used to train AI, actors and writers should be paid. Some writers are now taking matters into their own hands and filing lawsuits against companies for training their A.I. models using their work without permission.
Meanwhile, we’ve known how big music streamers have become on a global level, but now the National Music Publishers Association announced it has cracked the code on figuring out how many subscribers each major service has in the United States.
Of course we also cover the week’s top entertainment headlines including how a movie that Disney dumped five years ago beat out Indy 5 at the weekend box office, NBCUniversal promotes some senior executives and Elton John finally wraps up his farewell tour after earning $900 million.
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Showbiz Sandbox 621: Summer Box Office Is Much Cooler Than Expected
July 4, 2023
In a year which boasted a bevy of summer blockbusters, moviegoers haven’t been turning up at theaters for some of the more highly anticipated releases. Instead, big budget titles such as “The Little Mermaid,” “Elemental,” “The Flash,” and even “Indiana Jones and the Dial of Destiny” among others have all had underwhelming opening weekends. Is depressed movie attendance a temporary trend or is it the new normal?
Meanwhile, when SAG-AFTRA extended their contract negotiations with producers into July Hollywood averted a dual strike with both actors and writers walking picket lines. The ongoing writers strike is already causing studios to shift release dates back by months if not years.
Of course we also cover the week’s top entertainment headlines including the Academy sets new rules for the Best Picture Oscar, big name directors make their case for the Turner Classic Movies network and Ryan Seacrest takes over as host of “Wheel of Fortune.”
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