Showbiz Sandbox 431: India Is Set for A Battle Over Streaming Market Share
December 3, 2018
By 2023 the country of India is forecast to have 550 million people streaming content, earning $18 billion in video streaming alone. Of course, most of people will be watching on their mobile devices, but big players like Amazon, Disney, Netflix and Spotify don’t care, so long as they wind up with the largest piece of the Indian market. One major hurdle; India makes its own content and doesn’t need Hollywood.
That is why streaming companies have begun to produce their own India-centric shows, though that can be challenging in a country with more than 20 languages and wildly diverse cultures. Plus all the major providers have to compete with the likes of YouTube, which is by far India’s most popular streaming service thanks to its advantageous price point; free.
Meanwhile, the awards season is clearly upon us with the National Board of Review and the New York Film Critics weighing in on their favorites. Los Angeles Film Critics will be making their picks shortly and Golden Globe nominations will be announced this week.
Of course we also cover the week’s top entertainment headlines including a lucrative new deal at Warner Bros. for director and producer Ava DuVernay, actor Hugh Jackman is planning a worldwide concert tour and the collapse of independent bookstores.
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Showbiz Sandbox 430 – Taylor Swift Helps Fellow Artists With Her New Record Deal
November 26, 2018
When her current recording contract expired at Big Machine, Taylor Swift went looking for a new label. After a heated bidding war, Swift wound up at Universal Music landing a deal that allows her to retain control of her masters. Swift also demanded that if the label ever sold its share in Spotify that she get a cut. More importantly, she insisted on this for every single act in Universal’s roster.
This is especially notable because Swift is not a big player in music streaming, because she holds back her albums with a window to urge fans to purchase them instead. Unfortunately, the sales of physical albums, like vinyl LPs and CDs, is collapsing, causing many artists to get out of the habit of actually creating them. Instead, some big acts release a constant stream of singles, videos and live cuts since that’s how their fans listen to music these days.
Meanwhile the North American box office continues to chug along at 10% over last year’s tally, with a record breaking $12 billion in sight. That growth rate is keeping pace with the Chinese box office, which is up 11% this year, earning $8.1 billion thus far. Maybe the date for when China’s theatrical box office will surpass that of North America’s needs to be pushed back a year or two.
Of course we also cover the week’s top entertainment headlines including why pop stars may be headed to Broadway, how YouTube has begun showing blockbuster movies (with ads) and the winners of this year’s International Emmy Awards.
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Showbiz Sandbox 429: Remembering the Genius of Stan Lee
November 13, 2018
In a career that spanned over six decades, Stan Lee became one of the most influential creators and publishers of comics that ever worked in the medium. He helped build Marvel Comics by creating dozens of superheroes including most notably Spider-Man, The Incredible Hulk and X-Men. Geoff Boucher, the new genre editor at Deadline Hollywood, joins us to discuss how Lee’s enduring work has heavily influenced the modern pop culture landscape.
Boucher also tells us how he got the exclusive story on Fox’s plans to release a PG-13 version of “Deadpool 2” in the midst of the holiday season. You might be interested to hear how this led to the kidnapping of actor Fred Savage, best known for his role in “The Wonder Years”.
Meanwhile a team from China just won the 2018 “League of Legends” World Championship. Though 110 million people in China play the game, it’s the first time the country has ever captured one of the most prestigious prizes in e-sports.
Of course we also cover the week’s top entertainment headlines including how we’re headed toward a record year at the North American box office, why Fox News is chastising some of its hosts and pay TV loses over one million subscribers in the third quarter.
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Showbiz Sandbox 428: Why Everyone Is Raving About “Red Dead Redemption 2”
November 5, 2018
While there may still be some debate over whether video games are works of art, there is no doubting their earning potential. This was proven yet again when the game “Red Dead Redemption 2” earned a whopping $725 million in global retail sales after its first three days. And with glowing reviews haling it as a new gold standard for video games, and online components yet to be released, it’s poised to rake in much more.
Meanwhile, theatrical box office in North America is also looking profitable. In fact, 2018 may end with record setting grosses (if not attendance), and it’s all due to Hollywood releasing blockbuster movies outside the usual summer and holiday season.
In China, movie stars continue to fess up to how much money they have avoided paying taxes on. The latest is Chow Yun Fat who took his cue from the government and decided now was a good time to announce he’d be giving away his fortune, estimated at more than $700 million.
Of course we also cover the week’s top entertainment headlines including why Rihanna turned down the Super Bowl halftime show, Drake topples another Billboard chart record and why Broadway is skewing a little younger.
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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 424: Talking Telluride, Toronto and Emmys with Indiewire’s Anne Thompson
September 18, 2018
Every September the annual awards season begins to take shape at three major film festivals; Venice, Telluride and Toronto. Anne Thompson, Indiewire’s editor at large, was at the latter two and she joins us to explain how this year’s Oscars race looks like it will be filled with a bounty of great movies, including one from director Alfonso Cuaron, which is looking for a way to overcome the stigma of being released by Netflix.
Speaking of awards, the timing works out to have Thompson also give us her thoughts on the recent Emmy Awards, honoring the best and brightest prime time television series from the past year.
Meanwhile, the European Union passed reforms to copyright law that have proven to be contentious given that it could mean big changes for tech platforms such as Google, Youtube and others. Content owners, on the other hand, are delighted with the outcome.
Of course we also cover the week’s top entertainment headlines including Time magazine gets another new owner, Spotify allows users to download more music and Paul McCartney enjoys his first #1 debut for his latest album.
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Showbiz Sandbox 421: How “Grand Theft Auto” Got Its Groove On
August 27, 2018
The popular video game franchise “Grand Theft Auto” has already made over $6 billion for its publisher Rockstar. Now as the game moves online its players have listened to 75 billion minutes of music. Players can stream 18 online radio stations as they make their way through the game and even buy a nightclub to book performances by major DJ’s like Black Madonna. It’s the latest digital revenue stream for record labels and artists as sales of physical media taper off.
Meanwhile, just as the Justice Department was set to investigate whether the Paramount Decrees are still necessary, a small movie theater operator in Texas is suing the world’s largest cinema chain, AMC, claiming they colluded with studios to prevent them from getting new releases. The case proves just how hard proving antitrust allegations can be.
In the United Kingdom a movement among actors to be treated more fairly during the audition process has turned into a campaign with its own hashtag; #YesorNo. Actors simply want to know whether they have gotten a role or not after an audition. Some say being ignored entirely is worse than being rejected.
Of course we also cover the week’s top entertainment news including the final season of “The Big Bang Theory,” the Eagles break a sales record in a dubious fashion and Cuba Gooding, Jr. is headed to Broadway by way of “Chicago.”
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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 418: Fighting For Control of His Company, CBS Head Les Moonves Is Now Fighting to Keep His Job
July 30, 2018
The challenge for CBS of fending off an unwanted merger with its parent company, Viacom, was made all the more difficult last week when the New Yorker published a story in which the broadcaster’s longtime CEO, Les Moonves, was accused of sexual misconduct by six women. The company now has to determine how to handle the allegations not only of Moonves, an influential executive who is credited with CBS’s success, but also the claim that a culture of sexual harassment exists throughout the organization.
Speaking of companies that are having chaotic weeks, MoviePass seems to be on the brink of collapse (i.e. bankruptcy). Apparently they ran out of money, borrowed $5 million to keep the lights on, changed their rules again and decided pretty much no one gets to see “Mission Impossible”.
The turmoil for some entertainment and tech companies extends beyond their own walls all the way to Wall Street where stock prices have become volatile and seem to defy any sense of logic. Shares of companies with solid profits have plumeted, while at the same time the prices for those losing money, like Spotify, have risen.
Of course we also cover the week’s top entertainment news including producer Kenya Barris’ nine-figure deal with Netflix, Jeffrey Katzenberg raises $1 billion for a new entertainment venture and “Hamilton” may soon be headed into movie theaters, but not how you might expect.
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Showbiz Sandbox 417: On-Demand Surpasses Live TV Viewing
July 23, 2018
It seems as if we’ve been talking for a decade or more about how television viewing patterns are shifting. Audiences have eschewed live broadcasts for on-demand programming and in the United Kingdom, more households now subscribe to streaming services than traditional pay TV. Maybe that’s why niche sports like arm wrestling, archery and bull riding are all conducting their own streaming experiments.
In China, parents are requesting the government set up a ratings system for movies so they know what releases are appropriate for their children. Meanwhile, a new report claims of the 271 local movies released in China this year only 12 have made a profit.
And in the United Kingdom book sales were up last year which is good news for publishers. Unfortunately, authors didn’t see much in the way of a bump in pay. In fact, as the publishing industry’s profits rise, author’s incomes have declined to record lows.
Of course we also cover the week’s top entertainment news including why Hollywood is so stressed out lately, the “Rugrats” movie and why Disney fired the director of their “Guardians of the Galaxy” franchise.
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