Showbiz Sandbox 247: Everything You’ve Heard About This Summer’s Box Office Is Wrong
September 1, 2014
Listening to the chorus of industry naysayers or reading all the media reports might lead you to believe this year’s summer movie season was a complete financial disaster from which Hollywood could not recover. Granted, North American box office declined 15% from the same period last year, marking an 8 year low, and attendance was off by 5%. Even so, there were no huge flops over the summer and certainly none that would send a shiver down the spine of studio execs.
In fact, most of this summer’s releases will make money when international receipts are added to their theatrical grosses. The only problem with that, as Ben Fritz of the Wall Street Journal points out, is that not all box office dollars are counted equally when they are earned overseas.
We’ll also discuss how giant telecom companies are trying to maintain their stranglehold on the Internet in the United States by preventing cities from offering broadband to residents as a public utility. Such legal skirmishes are becoming more important as we move toward streaming services for movies and music.
Of course, we also cover the week’s top entertainment news stories including a new children’s book written by Bruce Springsteen, the first woman ever chosen to head the BBC and a King Arthur movie franchise may finally become a reality.
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Showbiz Sandbox 244: Hollywood Faces An Epic Struggle Over the Future of Entertainment Distribution
July 29, 2014
Whether it’s movies streaming online before they premiere in theaters, the never-ending retransmission dispute between television networks and cable companies or the dwindling number of book retailers, how media companies are distributing their content has never been more in flux.
The Weinstein Company released their critically acclaimed release “Snowpiercer” on VOD just two weeks after the film opened in cinemas. Then they agreed to let “One Chance”, a biopic of talent show winner Paul Potts, stream free on Yahoo! ten days before the movie opens in the United States.
Meanwhile, rather than sell you books, Amazon is hoping you’ll be willing to pay a monthly fee for their new e-book subscription service. The only problem is the service’s limited selection (not to mention the company’s inability to make a profit), making us wonder whether such a business model is viable.
Of course, we also cover the week’s top entertainment news stories including how Weird Al Yankovic’s album wound up at the top of the sales charts, the Emmy’s snub broadcast networks and Garth Brooks comes out of retirement.
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Showbiz Sandbox 236: Getting Sleep At This Year’s Cannes Film Festival
May 19, 2014
It’s the middle of May so that must mean it is once again time for the Cannes Film Festival, one of the most anticipated and prestigious annual events of the international film industry. This year’s Festival du Film is stocked with titles by auteurs considered to be the world’s crème de la crème. Whether it’s a selection from festival favorite Ken Loach or a timely political movie from Malian director Abderrahmane Sissako, we’ll tell you all about the films that have been hits with the critics and attendees.
Meanwhile, cable and broadcast networks held their annual upfronts in New York last week to announce which series we’ll be watching next season (and which ones they’ve cancelled). The question is with most of the networks moving toward year round programming, are upfronts still an effective method to sell advertising.
The Federal Communications Commission finally published their open internet notice last week managing to please just about nobody. This comes as media companies continue to consolidate with AT&T announcing their plans to purchase satellite TV provider DirecTV.
Of course, we also cover the week’s top entertainment news stories including this year’s Eurovision Song Contest winner, labor disputes at the Metropolitan Opera and Conan O’Brien’s contract gets renewed.
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Showbiz Sandbox 234: Scandal and Politics Invade Hollywood (Again)
May 5, 2014
Two real-life controversies are presently complicating life in Hollywood where studios prefer to make lots of money and ignore complicated social issues or the sometimes tawdry private lives of their executives and talent. The first involves accusations of forcible rape by movie director Bryan Singer. The second involves boycotting a historic Tinseltown hotel over its owners politics.
In less contentious news it appears our prediction about the future of Craig Ferguson as host of the “Late Late Show” was correct, and he will indeed be departing by the end of this year. The host says the decision was entirely his own, despite what it might look like with David Letterman retiring from his show’s lead in, “Late Night”.
Tony nominations were announced last week to honor some of this year’s best and brightest Broadway productions and performers. We give you a rundown of all the front runners as well as a look at a few that didn’t make the cut.
Of course, we also cover the week’s top entertainment news stories including the “Star Wars Episode VII” casting announcement, AT&T’s acquisition offer of DirecTV and Ben Affleck’s blackjack trouble.
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Showbiz Sandbox 233: Net Neutrality – Is The Fat Lady Singing?
April 28, 2014
The concept that all data sent via the Internet should be treated equally has allowed services such as YouTube and Netflix to develop and prosper on a level playing field. However a new proposal from the Federal Communications Commission would effectively kill net neutrality by allowing companies to pay for faster access. Will the public revolt in mass protest or will big business ultimately prevail?
A similar question is being asked as the United States Supreme Court heard oral arguments over whether Aereo infringes on broadcaster’s copyright by retransmitting over-the-air television signals via the Internet, or if the company’s services are legal under current law. The future of television may hinge on the answer.
There seems to be no dispute over the state of opera these days as many regional companies are suffering from a number of problems, not the least of which is declining ticket sales. Most recently the San Diego Opera announced it would be shutting down after running out of money.
Of course, we also cover the week’s top entertainment news stories including Amazon’s deal to stream past HBO series, Ryan Seacrest stays with “American Idol” and why record labels are suing Pandora… again.
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Showbiz Sandbox 225: Comcast and TimeWarner Cable Is A Marriage Made In….
February 17, 2014
The proposed merger of Comcast and TimeWarner Cable has presented industry analysts with a number of complicated questions. Providing some of the answers is David Gelles, a business reporter for the New York Times, who joins us to provide background and insight into a transformative $45 billion deal that would combine the two largest media and technology providers in North America.
Though there are no legislative restrictions, will the U.S. government try to prevent to the two cable giants from consolidating? What concessions will the regulators ask of Comcast if allowing the merger to go through? How will consolidation give Comcast leverage in negotiations with content providers? Would the combined companies have too much control over the media? Most importantly, what does all of this mean for consumers?
Meanwhile, in the United Kingdom, the BAFTA awards were handed out over the weekend to films with strong British ties. That wasn’t the case at the Berlin Film Festival where Chinese movies took home the top prizes.
Of course, we also cover the week’s top entertainment news stories including Jimmy Fallon’s “Tonight Show” debut, actress Ellen Page’s inspiring coming-out speech, and an update on actor Shia Labeouf’s latest performance art stunt.
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Showbiz Sandbox 221: Sundance Returns To Its Indie Roots (Again)
January 20, 2014
Celebrities, filmmakers and industry executives are in the midst of their annual pilgrimage to Park City, Utah for the Sundance Film Festival. Thanks to digital technology it’s never been easier to make or distribute a low budget film. This has led to a glut of indie productions looking for audiences and no way to know which are worth watching.
This year’s Sundance began the day Oscar nominations were handed out and the festival’s founder was overlooked for his critically praised performance in “All Is Lost”. (Awkward). With nine films competing for Best Picture, and guild awards not being hounded out to consistent winners, it looks as if this will be one of the closest Oscar races in recent memory.
Meanwhile, an appeals court ruling may have finally killed Net Neutrality, much to the joy of Internet service providers everywhere. This means the cost of streaming online music and video may soon rise significantly.
Of course, we also cover the week’s top entertainment news stories including a Broadway bound musical adaptation of Disney’s “Frozen”, the declining appeal (and ratings) of “American Idol” and the most popular show on daytime television.
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Showbiz Sandbox 215: How Many Music Streaming Services Does It Take To Make A Profit?
December 2, 2013
Just when you thought the online music streaming space couldn’t get any more crowded or competitive, along comes Deezer. The French company already boasts 5 million paying subscribers in 80 countries and now plans to launch in the United States, where Spotify and Pandora are the market leaders. However, none of these companies are actually profitable, which may be why services like Rdio went through a round of layoffs in November and Turtable.fm is shuttering.
Profitability seems to be an issue for Sony Pictures too. The movie studio lost $181 million last quarter leading to the announcement of significant cost cutting measures in the wake of some summer box office duds.
Disappointing earnings and a declining subscriber base are also a problem at Time Warner Cable. As telcos and satellite providers continue to erode their market share, rumors have begun swirling that the second largest cable operator in North America might be acquired by one or more of its competitors, including Comcast.
Of course, we also cover the week’s top entertainment news stories including the Thanksgiving weekend’s record breaking box office, “Spider-Man: Turn Off The Dark” lowers the curtains on its Broadway run and the mediocre sales figures of Lady Gaga’s latest album.
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Showbiz Sandbox 212: Should There Be An Oscar For Casting Directors?
November 4, 2013
Last week Woody Allen wrote an “open letter” to the film industry pointing out that casting is the only single card credit at the beginning of a movie which is not honored by the Academy Awards. Like many before him, the filmmaker argued casting directors are crucial to any good movie, especially his. Should the Oscars consider adding a category for casting directors to recognize them alongside editors, cinematographers and other craftspeople?
Meanwhile, a film that hasn’t started the casting process in earnest is “Star Wars: Episode VII”. The movie doesn’t even have a script yet, which is why its filmmakers have been trying to convince Disney to push its release date back a year to 2016.
In the television world there was bad news for Time Warner Cable last week. Their dispute with CBS which led to a month-long blackout of the network cost the company over 300,000 subscribers. This likely means other cable providers will be afraid to pick fights with broadcasters over the rising cost of programming. Digital rights, however, are an entirely different battle.
Of course, we also cover the week’s top entertainment news stories including why “slow TV” is such a hit in Norway, the rising cost of the “Hunger Games” franchise and the Jonas Brothers officially call it quits.
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Showbiz Sandbox 204: The Argument Over Broadcast Retransmission Consent Fees
September 9, 2013
After a programming blackout that lasted more than month Time Warner Cable came to an agreement with CBS over retransmission consent fees. Unless the 20-year-old retransmission consent legislation is revised or updated, the number of network blackouts will continue to increase. Unfortunately the real losers in all such disputes are consumers.
The Time Warner Cable-CBS deal was reached just as the new television season is about to begin. We’ll review some new series that have potential and are worth catching, as well as a few you might want to avoid.
Meanwhile, the book publishing industry was in the news last week with Amazon announcing plans to bundle e-books with the sale of traditional print copies, and a new startup hoping you’ll stop buying books altogether and simply rent them.
Of course we also cover the week’s top entertainment news including declining attendance on Broadway over the summer, Bruno Mars heads to the Super Bowl and a major personnel change at the Academy of Motion Picture Arts and Sciences.
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