Showbiz Sandbox 366: Shifting TV Viewership is Affecting Ratings, Ad Sales and Future Programming Decisions
May 15, 2017
All the major television networks are preparing their dog-and-pony shows for advertisers at this year’s upfront presentations as they look to sell $9 billion worth of commercial time for the upcoming season. However with viewership continuing to become more fractured, the industry has grown concerned that falling ratings over the past year will lead to lower ad sales. Which raises the question about just how accurate audience measurement is these days.
Networks have begun taking measures to shore up potentially weaker ad sales by demanding harder bargains from production companies, owning more of their own series and making untold fortunes internationally with certain shows. They’re also dabbling more and more with live television specials including musicals such as “A Christmas Story”.
The 70th edition of the Cannes Film Festival will also begin this week, though not without some controversy over two Netflix titles screening in competition, but not in French movie theaters. This has led Cannes to create a new rule beginning in 2018 that any film selected for the festival must have a theatrical release in France.
Of course, we also cover the week’s top entertainment news including why Spotify might abandon plans for its IPO in lieu of a direct list o the stock market, Cheryl Boone Isaacs decides not to run for another term as head of the Academy of Motion Picture Arts and Sciences and Kelly Clarkson joins “The Voice” just as ABC announces the return of “American Idol.”
Podcast: Play in new window | Download
Showbiz Sandbox 364: Hollywood Averts Another Writer’s Strike With Last Minute Deal
May 2, 2017
Though it came down to the wire and took an all-night negotiating session, Hollywood avoided another costly writer’s strike earlier this week. The Writers Guild of America, which represents upwards of 12,000 movie and television writers, came to a tentative agreement with the Alliance of Motion Picture and Television Producers, which negotiates on behalf of Hollywood studios and networks. The three year contract reportedly resolves several issues including the WGA health plan, how long a writer can be held by a television series as well as parity for online and cable residuals.
In other breaking news, the nominations for this year’s Tony Awards were announced, but it is anyone’s guess which of the four productions up for Best Musical will come out on top. The same is true of the four plays, each of which is by an American playwright making their Broadway debut. The only sure thing is that Bette Midler will win the Best Leading Actress in a Musical Award for “Hello Dolly!”
Meanwhile, after a 15 year decline in which global recorded music lost 40% of its value, the music industry is showing signs of life. You can thank streaming. For the second year in a row, music sales worldwide have increased – that includes physical product, digital and income from streaming.
Of course, we also cover the week’s top entertainment news stories including more layoffs at ESPN, “Saturday Night Live” heads to China (sort of) and Ryan Seacrest gets a new television gig.
Podcast: Play in new window | Download
Showbiz Sandbox 363: With Bill O’Reilly Gone, Cable News Begins A New Chapter
April 24, 2017
After twenty years as the face of Fox News, Bill O’Reilly was responsible for nearly 20% of the network’s revenue. Even so, Fox made the decision to fire O’Reilly last week after reports that he had paid out settlements over the years to women accusing him of sexual harassment. At least, that’s how Fox spun the story, not wanting to admit the controversial news host was causing the network too look bad and lose advertisers.
O’Reilly wasn’t the first on-air host Fox News has lost over the last year. A string of anchors, including the popular Megyn Kelly left for new deals at other networks. With Fox’s entire primetime lineup upended so suddenly, other media outlets are beginning to make a move to overtake the top cable news network.
Meanwhile, China continues to issue release dates for big Hollywood movies at a rate that will likely surpass their own quota on imported films. One thing is for sure, none of the movies China approves will star Richard Gere. We’ll explain why.
Of course, we also cover the week’s top entertainment news stories including why it doesn’t matter that Netflix didn’t meet its quarterly subscriber goals, the return of “X-Files” and Kevin Spacey gets tapped for the Tony Awards.
Podcast: Play in new window | Download
Showbiz Sandbox 362: What’s The Flipping Problem With Record Store Day?
April 17, 2017
This year’s Record Store Day is just days away, but what began as a way to support independent record stores has turned into a covert commercial endeavor for those reselling the event’s exclusive vinyl releases at exorbitant prices. Sal Nunziato, a former record store owner himself, joins us to discuss why he’s never been all that fond of the annual promotion.
These days Nunziato is a music blogger and drummer in the band the John Sally Ride. Their new album, “A New Set of Downs” will be released later this year, but in a unique twist, is already available on platforms such as Spotify and Soundcloud. He’ll tell us all about it.
Meanwhile, even though ESPN has lost 12 million subscribers in the past six years, the cable sports network is still very profitable, generating $11 billion per year for its owner, Disney. But with skinny cable bundles and online streaming eating into its subscriber base, ESPN is girding itself for an unknown future.
Of course, we also cover the week’s top entertainment news stories including the launch of YouTube TV, Spotify finally signs a new deal with a major record label, and Harry Potter wins big it at this year’s Olivier Awards.
Podcast: Play in new window | Download
Showbiz Sandbox 360: Can Spotify Come To Terms With Major Record Labels?
March 20, 2017
Even as Spotify has grown into the largest subscription streaming music service in the world, all of the company’s long-term licensing deals have expired and it has struggled to negotiate new ones that will help them lower costs and become a viable business. However new reports have emerged that Spotify may be close to reaching new licensing deals after agreeing to some strict terms from the labels.
Among these are marketing guarantees, the windowing of major releases and only placing full albums on the premium paid tier of their service. Spotify may have no choice but to accept the labels’ offer otherwise their much-anticipated IPO may fall apart once and for all.
Unlike Spotify, Netflix is a subscription streaming company that is at the top of its game and isn’t worried about squabbling with its content partners. Instead, the company has been busy altering its star rating system, restoring and lost Orson Welles film and bad-mouthing movie theaters.
Of course, we also cover the week’s top entertainment news stories including the opening of Disney’s live-action “Beauty and the Beast” sets box office records, the head of the MPAA goes M.I.A. at CinemaCon and Saturday Night Live makes plans for prime time segments. Read more
Podcast: Play in new window | Download
Showbiz Sandbox 359: Entertainment Workers Put Faith In More Perfect Unions
March 13, 2017
Trade unions and guilds are not a new concept in the entertainment industry, yet they seem to be making headlines lately as more niche craftspeople elect to join them or have them negotiate their contracts. Last week the largest employer of Spanish-language performers in the U.S. voted to join SAG-AFTRA and the United Scenic Artists, which represents set designers on Broadway, was able to sign its first contract with the League of Off-Broadway Theatres & Producers.
One major reason for all this recent union activity is the growing number of entertainment industry workers whose pay falls below a living wage. When the star of a hit telenovela airing on an NBCUniversal network needs to hold a second job as an Uber driver, you know there must be a problem.
Meanwhile, the influx of financing into Hollywood coming from China may be coming to an end. The Chinese government has begun to restrict the outflow of capital from the country to stem what they deem “irrational” foreign investments while at the same time stabilizing local currency. This new regulatory oversight helped kill Wanda’s $1 billion deal for Dick Clark Productions.
Of course, we also cover the week’s top entertainment news stories including how a rapper made history by knocking himself off the top of the album charts with his next release, HBO heads to Latin America with original programming and why we’ll have to wait a little longer for those “Avatar” sequels.
Podcast: Play in new window | Download
Showbiz Sandbox 358: The Skinny on YouTube’s New Live TV Service
March 6, 2017
With YouTube becoming the latest player to offer an over-the-top subscription streaming service it’s safe to say the the skinny television bundle has officially arrived. For $35 per month, subscribers can now get 40 channels of live TV including major networks and ESPN. YouTube TV also has a virtual DVR with no recording limits.
YouTube is entering an increasingly crowded market with competitors such as Dish Network’s Sling TV, AT&T’s DirecTV Now, Hulu and many others. But YouTube may have an advantage thanks to some powerful artificial intelligence that has helped increase worldwide viewing to over one billion hours per day, nearly as much as traditional television in the United States.
Now normally, two weeks after the Academy Awards we’d already be struggling to remember who won Best Score. But thanks to the most notorious screwup in Oscar history, we’re still talking about the broadcast and its fallout. We’ll explain why.
Of course, we also cover the week’s top entertainment news stories including the absurd controversy over Disney’s first gay character, Harry Potter tops the Olivier Awards with a record 11 nominations and Spotify reaches the 50 million subscriber mark.
Podcast: Play in new window | Download
Showbiz Sandbox 357: Oscars Can’t Win For Losing This Year
February 27, 2017
In a moment that will be discussed for years to come, this year’s Academy Awards ended with the wrong film being announced as the Best Picture winner. Ultimately it wasn’t “La La Land” that took home the prize as many predicted, but rather the socially conscious, racially diverse indie film “Moonlight” that won the award. Anne Thompson, Indiewire’s editor at large, tells us that by choosing “Moonlight” for its top award the Academy was making a statement about who they want to be as an industry.
Thompson also brings us backstage at this year’s Oscars, walking us through how such a huge mistake could actually happen, and what it was like in the press room when the error became apparent. Naturally, we touch on the some of this year’s Oscar winners as well.
Meanwhile, the way movies get distributed continues to be a contentious topic in Hollywood, with studios and cinema owners reportedly in negotiations on an agreement that might see new releases available for home viewing in as little as two weeks.
Of course, we also cover the week’s top entertainment news stories including how Netflix continues to book comedians, CBS cancels a brand new series and Beyoncé cancels her Coachella gig.
Podcast: Play in new window | Download
Showbiz Sandbox 353: Streaming Giants Raise Ante at Sundance Film Festival
January 30, 2017
As if it wasn’t difficult enough for distributors to find a commercial title amidst the hundreds of films premiering at the Sundance Film Festival each January, video streaming companies such as Netflix and Amazon have entered the bidding causing acquisitions prices to rise for the entire market. Anne Thompson, Indiewire’s editor-at-large, has just returned from Sundance where she reports most of the films were good, though maybe not good enough to win any Oscars in 2018.
As for this year’s Oscars, the frontrunners became a little more clear with the Producers Guild and Screen Actors Guild handing out their awards over the weekend. “Hidden Figures” surprised many by taking home the SAG Award for Outstanding Performance by a Cast in a Motion Picture during a politically charged ceremony.
Speaking of industry unions, the Directors Guild of America has signed a new contract with producers that gives its members significant raises in subscription video-on-demand residuals. This is welcome news for directors who missed out on sharing in DVD and Blu-ray revenue over the past decade.
Of course, we also cover the week’s top entertainment news stories including the launch of a brand new vinyl record factory, Jeffrey Katzenberg’s new venture and streaming music company Tidal finds a new investor.
Podcast: Play in new window | Download
Showbiz Sandbox 352: 2017 Academy Award Nominations Launch #OscarsSoDiverse Trend
January 24, 2017
When the 2017 Oscar nominations were announced this week the Academy of Motion Picture Arts and Sciences managed to avoid a third straight year of controversy over all-white acting nominees. Among this year’s honorees are six African American actors, setting a record for the most in a single year. Hopefully this is a sign more racially diverse films are being produced.
What the Academy did manage to overlook however, were films with huge audiences. Despite nominating nine films for Best Picture Oscars, not a single one has surpassed the $100 million mark (yet).
Meanwhile, in over in the music business, album sales have never mattered less. These days it’s all about music publishing, which can be a true goldmine. Just ask Paul McCartney who is suing Sony/ATV to regain the publishing rights to the Beatles catalogue.
Of course we also cover the week’s top entertainment news including Jerry Seinfeld’s new Netflix deal, the death of 3D television and NBC renews one of its biggest hits for two more seasons.
Podcast: Play in new window | Download
