Showbiz Sandbox 558: Hollywood Workers Scrutinize Gains In New Contract
October 19, 2021
At the eleventh hour the International Alliance of Theatrical Stage Employees (IATSE), the union representing film and television production workers, negotiated a new contract with studios and networks. What is still unclear is whether workers are grateful about averting a strike or upset they didn’t gain more. Besides gaining wage increases, the union was aiming to clamp down on workplace conditions that lead to long, exhausting hours.
Meanwhile, across the entertainment business, the black hole of data is getting bigger. We don’t really know what streaming shows are popular, we can’t add up all the ways people consume music, TV producers are struggling to prove they’re reaching a lot of eyeballs and Broadway has stopped reporting grosses. Is this just annoying for journalists or a real problem for the industry as a whole?
Of course we also cover the week’s top entertainment headlines including why the Grammys are booting Kacey Musgraves from the country music category, Elton John sets a new record on the music charts and Disney loses a key, veteran executive.
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Showbiz Sandbox 557: Talent Agents Strike A Deal… for Themselves
October 5, 2021
In yet another sign that the entertainment industry is consolidating, Creative Artists Agency, one of Hollywood’s most powerful talent agencies, announced it would acquire ICM Partners, the fourth largest player in the space. Is the move meant to help CAA gain leverage when negotiating with streaming giants like Netflix, or is it all about ensuring success on Wall Street for its biggest investor? And what will this mean for smaller agencies which may actually stand to benefit from the deal?
Meanwhile, this year’s Tony Awards honoring Broadway’s brightest were finally held with a live audience. However, some productions in both New York and London are stumbling as they turn on their marquees for the first time since the COVID pandemic began.
Of course we also cover the week’s top entertainment headlines including how James Bond and Venom are competing for box office glory, Scarlett Johansson settles her “Black Widow” lawsuit with Disney and the labor strike that could shut down Hollywood.
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Showbiz Sandbox 555: Modern Media Consumption Metrics Are A Big Mess
September 14, 2021
Keeping track of television ratings, streaming viewership and music revenue has become a hopeless task in the digital age. Everyone is mad at Nielsen though how can they realistically capture all the eyeballs content on TVs, phones, laptops and tablets? Meanwhile, Billboard keeps changing the formula they use to count album sales by working in various flavors of streaming. What the most popular shows, movies, albums or songs are at any given moment has become impossible to decipher.
The good news is, according to new data from the Recording Industry Association, music revenue for the first half of 2021 grew $1.5 billion driven by music streaming, which accounted for 84% of the $7.1 billion earned.
Of course we also cover the week’s top entertainment headlines including an executive shakeup at Paramount Pictures, the outcome of Apple’s epic legal battle and the Venice Film Festival kickstarts this year’s awards season in a big way.
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Showbiz Sandbox 554: China’s Love Affair With Hollywood May Be Over
September 7, 2021
For years analysts have breathlessly insisted China would become the largest movie market in the very near future. Well, last year after North American movie theatres spent most of 2020 shuttered, China did manage to become the top earner and did so primarily with local content. However, after COVID gave it a win with an asterisk, Patrick von Sychowski, the editor of Celluloid Junkie, discusses why the Chinese box office may stumble as the industry recovers from the pandemic whereas the Indian market is primed to take off.
Despite all the hurdles of getting their movies released in China, Hollywood’s affinity for the Middle Kingdom has hardly waned. The recent record breaking opening of Marvel’s “Shang-Chi and the Legend of the Ten Rings” will surely provoke even more interest in chasing the Chinese market.
Of course we also cover the week’s top entertainment headlines including another delay for “Top Gun: Maverick,” Kanye West enjoys his tenth number one album and the pop group ABBA reunites after 40 years.
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Showbiz Sandbox 552: Disney and the Great “Shang-Chi” Experiment
August 19, 2021
First Disney tried to shame Scarlett Johansson for daring to sue them over the studios distribution strategy on “Black Widow.” Then during an earnings call the company’s CEO described the upcoming Marvel “Shang-Chi and the Legend Of The Ten Rings” as an “interesting experiment.” Simu Liu, the star of “Shang-Chi,” was quick to push back on such thinking, saying “We are the underdog; the underestimated.”
Meanwhile, actor Johnny Depp believes he is an underdog as well these days, claiming in an interview with The Sunday Times that Hollywood is boycotting him. International film festivals are doing the exact opposite however, honoring Depp for his body of work.
Of course we also cover the week’s top entertainment headlines including “Funny Girl” is headed back to Broadway, the television game show “Jeopardy” officially has two new hosts and production of “The Lord of the Rings” Amazon series moves from New Zealand to the United Kingdom.
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Showbiz Sandbox 551: The Significance of the Scarlett Johansson vs. Disney Lawsuit
August 10, 2021
Scarlett Johansson is suing Disney for breach of contract after the studio released “Black Widow” both in movie theaters and its own streaming service at the same time. The actress believes Disney’s distribution strategy is preventing her from earning millions in box office bonuses but instead enriches the company’s top executives. The outcome of the case could determine how or if back end deals on movies are offered to above the line talent in the future.
Meanwhile, as film and television production levels in Hollywood return to pre-COVID levels, the pandemic is once again dragging down the international box office. It may start doing so on Broadway and at concerts as vaccines will be required to gain entrance.
Of course we also cover the week’s top entertainment headlines including how comedian Louis C.K. hopes to make a comeback with a national tour, the game show “Jeopardy” may have found a replacement for Alex Trebek and Doctor Who plans a vacation.
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Showbiz Sandbox 549: Second Guessing Disney’s “Black Widow” Distribution Strategy
July 20, 2021
In its second weekend the latest Marvel movie “Black Widow” dropped over 67% at the box office; the largest decline for any film in the Marvel Cinematic Universe. Could it be that the movie’s availability via premium video on demand cannibalized its theatrical returns? The ongoing pandemic makes it difficult to draw any conclusions, though one thing is clear; “Black Widow” is one of the most pirated movies of the year.
Meanwhile, the Cannes Film Festival wrapped up over the weekend with Spike Lee and his jury awarding Julia Ducournau’s “Titane” with the Palme d’Or. It is only the second time in the festival’s history that a woman has taken home the prize. Whether it will go on to Oscar glory like “Parasite” did two years ago remains to be seen, but the feeling was this year’s festival may not generate a lot of awards-worthy movies.
Of course we also cover some of the week’s top entertainment headlines including how artificial intelligence helped bring Anthony Bourdain back to life, the United Kingdom wants to revise music copyright and filmmaker Frank Darabont settles his lawsuit over “The Walking Dead.”
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Showbiz Sandbox 547: Is Netflix The New Kleenex?
June 29, 2021
With exclusive theatrical release windows having disintegrated during the COVID pandemic, new movies are being released through so many methods and on so many platforms that it has inevitably confused audiences how and where they can watch a film. Initially, most movie watchers turn to Netflix, assuming most or all titles will be available on the service. That a title might only be offered by another provider at a premium only makes it more puzzling where new releases can be found.
There is no question however about where you can find musician Bruce Springsteen these days. He just returned to Broadway for a limited run of his biographical concert where he opened to absolutely no grosses. None! We’ll explain the reason why.
Of course we also cover some of the week’s top entertainment headlines including how the Emmys will allow winners to drop the gender label, why the United Kingdom is putting Channel 4 up for sale and Quentin Tarantino confirms he’ll quit directing after his tenth film.
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Showbiz Sandbox 544: The Existential Crisis Facing Theatrical Movie Releases
June 8, 2021
Anne Thompson, the editor at large at IndieWire, believes “a lot of things have to go right for the two-hour movie theatrical release to endure.” Thompson said as much in an opinion column she recently wrote for the New York Times. In a detailed opinion column for the New York Times. In a detailed conversation she explains four key challenges movie theaters face as they revive their business after the pandemic, including whether North American box office will ever again reach $11 billion.
One theatrical release that is doing better than some expected is Disney’s “Cruella.” The live-action spin-off has been popular enough for Disney to release a fashion line inspired by the outfits Oscar winning costume designer Jenny Bevan created for the film. They probably should have told her first since the Costume Designers Guild is none too pleased.
Of course we also cover some of the week’s top entertainment headlines including the big winners at the BAFTA TV awards, how SpongeBob SquarePants is able to avoid paying taxes and the Russian comedy that is getting lots of local language remake love.
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Showbiz Sandbox 542: TV Networks Are Upfront About Streaming Plans
May 25, 2021
Last week all the big television networks in the United States went through the old fashioned ritual of inviting advertisers to big presentations of their fall programming. Besides being virtual a lot has changed for the networks, including primetime scheduling, which is now an afterthought. Instead they emphasized streaming and the range of content available through numerous platforms including network, broadcast and their new subscription services.
Meanwhile, the global box office is revving its engines with “F9” opening to huge numbers internationally, pushing the “Fast & Furious” franchise over the $6 billion mark. Movie theaters in Europe are reopening just in time to show the movie.
Of course we also cover some of the week’s top entertainment headlines including why Amazon may purchase MGM, this year’s Eurovision contest and the return of music festivals.
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