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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Showbiz Sandbox 325: Keeping Track of Who’s In Charge at Hollywood Studios
June 20, 2016
It would seem keeping one’s job as a senior executive at a major Hollywood movie studio has become much harder of late. Last year both Paramount and Sony Pictures replaced their studio heads. Now the executive shuffles at Sony and Fox, as well as the turmoil at Viacom, have our heads spinning. We’ll be joined by Anne Thompson of Indiewire who explains why Hollywood is in turnaround.
We also breakdown the past week’s worldwide box office, where a little fish swam a long way. Apparently audiences hadn’t forgotten the forgetful character from “Finding Nemo” and thus turned the Pixar movie “Finding Dory” into a box office smash.
Amazon plans to expand its streaming music service, but will it be worth listening to? Meanwhile, CBS won a potentially significant lawsuit when it argued successfully that a remastered album can in fact be considered a brand new work in terms of copyright.
Of course we also cover the week’s top entertainment news including the Tony Awards telecast get a ratings bump, Disney opens a theme park in Shanghai and ESPN devotes itself to soccer (or football, depending where you live).
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Showbiz Sandbox 320: Is Comcast the New Disney?
May 2, 2016
Comcast announced last week that it would acquire Dreamworks Animation for $3.8 billion, taking another step toward transforming themselves from a cable giant into a full fledged media conglomerate. Meg James, a corporate media reporter for the Los Angeles Times, join us to discuss how, though the deal may not have been anticipated, it makes a lot of sense for both companies.
The purchase is the most recent in a string of acquisitions that have closely mirrored the strategy Disney has executed over the past decade as they gobbled up companies such as Pixar, Marvel and Lucasfilm. Comcast has proven quite adept at turning undervalued assets such as NBCUniversal and Universal Studios theme parks into profitable entities.
Meanwhile, as the Tony Awards season officially kicks off, Broadway is suffering from what is being referred to as The Hamilton Effect. This is a condition in which you open a musical that blends hip-hop and history in a way that not only makes the show a cultural phenomenon, but the inevitable winner of this year’s much coveted Best Musical Tony.
Of course we also cover the week’s top entertainment news including the Daytime Emmy winners, why Fox is pulling out of this year’s Comic-Con convention and how French law enforcement is preparing for the Cannes Film Festival.
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Showbiz Sandbox 311: Oscar Season Remains Uncharacteristically Unpredictable
February 8, 2016
The movie awards season remains as confusing as ever, with the Directors Guild handing out its top honor to “The Revenant”. Will this have any impact on an Oscar race in which “The Big Short” and “Spotlight” also look like major contenders? No one knows but we’ll try and sort it out.
Meanwhile, it appears Time Warner wants to join Disney, Fox and NBCUniversal as an owner of the streaming service Hulu. There’s only one catch; they’d like Hulu to stop showing all episodes from the current season of a TV series. Maybe they want to buy it so they can shut it down.
Over at Viacom, Sumner Redstone stepped down last week after a court mandated the 92-year-old would submit to a medical exam to determine his competency. Bowing to reality, Redstone resigned from his position as chairman of CBS and Viacom. Leslie Moonves is officially taking over CBS, but after daughter Shari Redstone publicly announced it wasn’t a good idea for Viacom CEO Philippe Dauman to take over, he did just that.
Of course we also cover the week’s top entertainment news including how Amazon plans to enter the retail space, ESPN plans to enter China and Matt LeBlanc is named as the new host of the popular automotive TV program, “Top Gear”.
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Showbiz Sandbox 296: Entertainment Industry Numbers Are Often A Comedy of Errors
September 28, 2015
It is said numbers don’t lie, however in the entertainment business they don’t always tell the truth either. When it comes to box office grosses, television ratings, home video earnings and book sales, numbers can often present misleading or incomplete information which paint an unrealistic, or at times purposefully skewed, financial picture.
Netflix, for instance, released data detailing what they claim is the episode when their customers get hooked on a television series. However, the “hook study” performed by the subscription video streaming service was limited in scope and may simply be an example of how good Netflix is at spinning its numbers into great PR opportunities.
Meanwhile, like every other area of the entertainment industry, the book world has been rocked by the digital revolution. But publishers believe the business is leveling out based on sales figures which leave out large segments of the market. None of this explains why e-books cost more than paperbacks though.
Of course we also cover the week’s top entertainment news including Amy Schumer’s big book advance, a lawsuit over the movie “Goodfellas”, which Warner Bros. says was a huge flop, and the Harry Potter origin story will become a two part theatrical production on London’s West End.
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Showbiz Sandbox 293: Why Forecasting Box Office Has Become So Difficult
September 7, 2015
Though this year’s North American summer box office may wind up being the second biggest on record at $4.4 billion, movie studios are finding it far more difficult to predict opening weekend grosses. An article in the Hollywood Reporter details how tracking pre-release box office has become unreliable in an age when social media buzz and movie review aggregation have become so prevalent.
Word-of-mouth can now spread so quickly that movies like “Ted 2” can be doomed 24 hours after release, opening 33% below its estimated $50 million first weekend gross. And it’s not just flops that suffer tracking mishaps, as evidenced by “Jurassic World” bowing to $208 million, 60% more than originally anticipated.
Until now, Apple hasn’t had to worry about movie box office or even television ratings, but all that might change if rumors the company is getting into producing original content are at all true.
Of course we also cover the week’s top entertainment news including why Aretha Franklin wound up in court last week, why DreamWorks is leaving Disney and who the Academy selected to produce next year’s Oscar telecast.
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Showbiz Sandbox 292: There Is Simply Too Much Television
August 31, 2015
Television network executives have begun publicly acknowledging a predicament their audiences recognized some time ago; there is simply too much television. In the midst of what has been dubbed a “golden age” of television, viewers are becoming reluctant to sign up for yet another new or existing series.
In fact, John Landgraf, the head of FX Networks, recently told the Television Critics Association that the glut of TV content means it has become more difficult to “cut through the clutter and create real buzz” when producing a show. With so much programming available, great shows can often go unnoticed or take longer to find an audience.
Then there are countries in which content is being suppressed. In Russia a politically active Ukrainian filmmaker was recently handed a 20 year prison sentence drawing international criticism that the charges were fabricated. Bangladesh meanwhile has banned a banned a new movie because it shed light on the country’s billion dollar garment industry, which is well known for exploiting its workers.
Of course we also cover the week’s top entertainment news including why Warner Bros. is headed to China, Spongebob Squarepants is headed to Broadway and how Netflix is about to lose more than 1000 movie titles.
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Showbiz Sandbox 281: Literati Get Down To Business at BookExpo and BookCon
June 2, 2015
BookExpo America and BookCon are two of the most important events in the North American book publishing business. BEA is a trade show where the publishing industry talks to itself. Editors, writers, publicists, librarians and bookstore owners all get together for meetings and professional seminars.
BookCon is where the publishing industry talks directly to the world through a conference aimed at book lovers. There are loads of author talks, book signings and even movie screenings. Our own Michael Giltz attended both shows last week and fills us in on all the emerging industry trends and hot new titles.
Meanwhile, Broadway is gearing up for the Tony Awards next weekend to honor the best and brightest productions from the past year. They have a lot to celebrate too, as the most recent Broadway season set a number of records, grossing a record $1.3 billion and selling 13.1 million tickets in all.
Of course, we also cover the week’s top entertainment news stories including why Iggy Azalea canceled her upcoming tour, why film composers are suing Hollywood studios and China cracks down on reality television.
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Showbiz Sandbox 279: “Carol”, “Amy” and “Saul” Stand Tall At Cannes
May 18, 2015
It is impossible to see all the films at this year’s Cannes Film Festival, but halfway through the 68th edition at least three films have scored some positive buzz, all of them about tortured souls. Director Todd Haynes is leading the pack with “Carol” a film about repressed sexuality set in the 1950s, the Hungarian entry “Son of Saul” set in a Nazi concentration camp and “Amy” a powerful and moving documentary about the life of singer “Amy Winehouse”.
From the official screenings to the behind-the-scenes press conferences, we give you all the ins and outs of this year’s Cannes, including the world premiere of Pixar’s “Inside Out” which wowed attendees. Join us for our annual trip to the south of France.
Meanwhile, back in the United States, television networks have been busy selling advertising for next season’s lineup at the upfronts. We’ll tell you which shows got canceled, which new series got picked up and whether the television season has become year round.
Of course, we also cover the week’s top entertainment news stories including the BAFTA TV Awards, David Lynch heads back to “Twin Peaks” again and “American Idol” sings its final note.
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Showbiz Sandbox 278: Grooveshark Goes Down As Periscope Comes Up
May 4, 2015
Content owners seem to be locked in a never-ending game of legal Whac-A-Mole in an attempt to thwart technologies that enable copyright infringement. Last week record labels managed to shutter the music streaming service Grooveshark and movie studios were granted a court ordered injunction against Popcorn Time, which has been dubbed the Netflix of Piracy. Yet now entertainment companies are concerned about audiences live streaming television shows and movies from their mobile phones using social media apps such as Periscope.
That’s exactly what happened on Saturday during the welterweight title fight between Floyd Mayweather Jr. and Manny Pacquiao. Some viewers took it upon themselves to beam video of the boxing match by transmitting the pay-per-view broadcast through their phones.
Meanwhile on Broadway, this year’s Tony Award nominations were announced, recognizing the best and brightest new live theatre productions. We’ll give you a rundown of who was nominated and why walking off with one of the prestigious prizes can mean big profits at the box office.
Of course, we also cover the week’s top entertainment news stories including the gigantic opening of “Avengers: Age of Ultron”, a remake of “Roots” and how “Seinfeld” is earning big bucks on subscription video-on-demand.
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