Showbiz Sandbox 516: What Went Wrong With Quibi
October 27, 2020
Quibi, the bite-sized content platform founded by media mogul Jeffrey Katzenberg and business leader Meg Whitman, has been mocked since it was first announced. Now after six months and $2 billion, Quibi is kaput. Unable to find an audience, and despite a fruitless attempt to find a buyer, Quibi is officially shutting down.
The company insists people were gunning for them from the start, but the simple truth is that Quibi always seemed like a solution in search of a problem. Besides, however good the content may have been, it was going to be very hard to convince people to plunk down $5 a month just to watch random videos while commuting.
Of course we also cover some of the week’s top entertainment headlines including Netflix misses its third quarter subscriber goal, television ratings for live sports events plummets and box office continues to soar in China and Japan.
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Showbiz Sandbox 511: The Emmys and TIFF Pull Off the Virtual
September 22, 2020
When COVID-19 shut down the worldwide entertainment industry many wondered how it would affect annual events such as awards shows as well as film and music festivals. While the pandemic led to the cancelation of the Cannes Film Festival, the Emmy Awards honoring excellence in television and the Toronto International Film Festival both managed to hold virtual events that were received quite positively.
Anne Thompson, Indiewire’s Editor at Large, has been attending and covering TIFF for decades, though this year she didn’t have to leave her home to do so. She fills us in on what it was like to attend TIFF virtually, what the standout films were, how they will likely get released in theaters and which ones will be up for (a virtual) Oscars next year.
Of course we also cover some of the week’s top entertainment headlines including complete coverage of the Emmy Awards, a new music video for a beloved Louis Armstrong song and Madonna will direct her own biopic.
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Showbiz Sandbox 504: Does The Entertainment Industry Need A Government Bailout?
July 29, 2020
Most of the world’s cinemas are closed. Studios are struggling to release films theatrically. Live theatre probably won’t return until at least 2021. Who knows when concerts can safely be held. Likewise, new movies and television shows can’t get made because producers can’t get production insurance. Is it time for governments to help the entertainment business bounce back the same way they help other industries?
Meanwhile, the Emmy nominations provided some good news, at least for HBO and Netflix who racked up a combined 267 nods. In a year where an Emmy ceremony is hardly likely, the major broadcast networks only scored one nomination for a top award. We go take a stab at predicting which shows will score an Emmy this year.
Of course we also cover some of the week’s top entertainment headlines including why TikTok signed a deal with record labels, Drake charts another music industry record and how Universal Music Group profits from local music acts.
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Showbiz Sandbox 469: Hollywood Unions Set For Fight Over Streaming Residual Payments
November 17, 2019
As television networks turn from linear broadcast methods to consumer streaming platforms a brewing battle over residual payments has the potential to spark a dual union strike in the middle of next year. Jonathan Handel, an entertainment attorney and a contributing editor at The Hollywood Reporter, joins us to discuss how the lack of data coming from streaming giants could lead to a standoff between major guilds and producers.
Indeed, in mid-2020 the master contacts between the Alliance of Motion Picture and Television Producers and the Directors Guild of America, The Writers Guild of America and SAG-AFTRA are set to expire. By now negotiations on new contracts would be well underway. Instead talks have stalled as unions try to revise the formulas used by streamers to make residual payments to their members. Given the timing, it’s a perfect storm for a potential massive industry work-stoppage.
Meanwhile, the Broadway musical “Tootsie” is closing long before it recoups its production costs. Michael Riedel of the New York Post has a host of reasons for why this critic’s darling didn’t click, however only one of them makes sense; the show’s music wasn’t all that great.
Of course we also cover the week’s top entertainment headlines including how Amazon has followed Netflix in deciding not to publish box office figures for its films, George Lucas revises the original “Star Wars” once again and Taylor Swift gets into a public spat with her former record label.
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Showbiz Sandbox 439: Fox Suffers “Bones” Shaking Legal Defeat
March 4, 2019
Fox lost a blockbuster lawsuit to the stars and creative talent behind their smash television series “Bones.” An independent arbitrator used scathing language to describe 21st Century Fox executives, calling them out for lying, cheating and “reprehensible” studio fraud.
Though Fox says the will appeal the ruling, it could have a big impact on sweetheart deals between studios, their own networks, their own cable channels and their own streamers. There’s no bones about it.
Meanwhile book publishers and the National Writers Union, along with many others, are decrying the practice of Controlled Digital Lending, or CDL. As publishers restrict e-book access and raise their prices, libraries that own a physical copy of a book are making a digital PDF available for loans to patrons. When a digital PDF is borrowed, the physical copy is removed from circulation until the digital copy is returned. So what’s the problem?
Of course we also cover the week’s top entertainment headlines including why a hologram of Amy Winehouse will not be going on tour, why the movie theater chain Cineworld dumped BAFTA and box office in China is down 5% this year despite rosier forecasts.
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Showbiz Sandbox 426: China Gets A Tighter Grip On Its Entertainment Industry
October 8, 2018
When movie star Fan Bingbing went missing in June there was little doubt that the Chinese government had her in custody for tax evasion. Confirmation came this week when the actress resurfaced, apologizing to the country and begging for “everyone’s forgiveness!”. Chinese authorities have announced Fan will pay at least $70 million in back taxes or face criminal prosecution.
The episode has shined a spotlight on the use of what are known in China as “yin-yang contracts,” wherein two different contracts for different amounts are used; one with the full value of the contract and one with a lower value used with tax agencies. Now that the government seems to have taken notice, the Chinese film and television industry has come to a standstill as everyone restructures their deals to comply with the country’s tax laws.
Speaking of China, Hollywood’s share of the country’s box office for the year is off by roughly $500 million and we wonder why. Back in North America, September grosses nearly set an all time record and October is off to a great start.
Of course we also cover the week’s top entertainment headlines including how Apple is stumbling its way into original TV programming, the RIAA diversifies and Bill Cosby heads to jail.
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Showbiz Sandbox 419: Best Popular Film Oscars Category Proves To Be Rather Unpopular
August 13, 2018
It may come as a surprise after the #MeToo movement but it isn’t often Hollywood unites to agree on an issue. Last week when the Academy of Motion Picture Arts and Sciences revealed they would be adding a Best Popular film category to the Oscars the response was universal and swift; everyone hates the idea. In a train wreck of an announcement about proposed changes to the awards show, the Academy appeared to cede control to the network broadcasting the ceremony.
Speaking of changes, the moviegoing subscription service MoviePass doesn’t let a week go by without instituting a new set of rules for its customers. First they were going to raise prices and limit attendance to new releases. Before they could roll those changes out, MoviePass altered its policy once again, keeping the price at $10 per month, but limiting the number of movies that can be seen to just three.
Meanwhile, music fans appear to be spending more money on music than ever before. At least according to a new report from Citigroup which says the industry is now pulling in a combined $43 billion in the United States, of which $5 billion goes to artists. Naturally, arguments over the accuracy and validity of the report are sure to follow.
Of course we also cover the week’s top entertainment news including more on Jeffrey Katzenberg’s New TV venture, the dispute over star salaries on the latest “Star Trek” and Lady Gaga heads to Las Vegas. Read more
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Showbiz Sandbox 416: Superheroes Have Never Been More Popular, Just Not In Comic Books
July 16, 2018
Meanwhile the Emmy nominations were announced last week and despite expanding their Best Drama and Best Comedy categories to eight nominees, there were still complaints about shows being left off the list. Welcome to Peak TV! With 400 shows to choose from, there’s no way to please everyone.
Subscription movie ticket service MoviePass has instituted its peak pricing policy which seems to apply to the first weekend of any movie, no matter how popular. And we’ll give you a first hand account of what happens when the company thinks you’re breaking their terms of service.
Of course we also cover the week’s top entertainment news including how Drake has claimed seven of the top 10 singles on Billboard’s Hot 100 chart, why Scarlett Johansson won’t be playing a transgender person in a new movie and plans for “Downtown Abbey” movie have officially been announced.
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Showbiz Sandbox 398: Streaming Services Crowd The Field During Super Bowl
February 5, 2018
The ratings for this year’s Super Bowl may have declined 7% and we might know why. After all, there were ads for Hulu, Netflix movies like “The Cloverfield Paradox,” Amazon Prime’s Jack Ryan series and even a few movies that might appear in theatres later this year. Oh, there was also a pretty good football game that came down to the last play.
The big game usually puts a damper on the box office in North America, but it certainly doesn’t help when new releases can’t hold their own against titles that opened in December. Even so, international grosses are where all the action is these days and over the past week a Bollywood title managed to beat out the latest “Maze Runner” installment in China. We’ll explain why.
Meanwhile, the Oscar race is coming into sharper focus now that the Director’s Guild has handed out their top awards to “The Shape of Water” and “Get Out”. It’s important to remember however, that the preferential ballot has managed to upend the Best Picture category recently.
Of course we also cover the week’s top entertainment news including why there is a petition for RIAA president Neil Portnow to resign, compact discs are slowly disappearing from retail outlets and Netflix may team up with Luc Besson.
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Showbiz Sandbox 385: Hollywood Finally Addresses Concerns Over Sexual Harassment
October 23, 2017
The recent and voluminous sexual harassment claims against mega-producer Harvey Weinstein have ignited a firestorm of similar allegations by women against numerous professionals throughout the industry. It has grown into a day of reckoning that is reaching directors, agents and executives in Hollywood, to encompass the music, publishing and video game industries too.
Last week it was revealed that filmmaker James Toback sexually harassed upwards of 38 women over a course of decades. At the same time Nickelodeon fired Chris Savino, the creator behind one of its most popular series, over harassment claims and the head of amazon Studios stepped down under a cloud of similar accusations.
Meanwhile, Ticketmaster may have finally found a way to squelch scalpers from buying up all the best seats at live events. Its Verified Fan program is getting great, albeit expensive, tickets into the hands of actual fans. Now all they have to do is work on the technology to make it work more effectively.
Of course we also cover the week’s top entertainment news including Netflix continues to expand its subscriber base, Justin Timberlake will perform at the Super Bowl halftime show and HBO will bring its international productions to the United States.
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