Showbiz Sandbox 337: Streaming Comes to the Rescue of the Music Industry (Sort Of)
September 26, 2016
After more than a decade in decline, the sale of recorded music in the United States is set to grow for the second straight year thanks to increased revenue earned from music streaming services such as Spotify. Even so, the music industry is taking in half of what it earned at its peak late 1990s because streaming revenue hasn’t made up for the falloff in actual sales.
Meanwhile, the Dalian Wanda Group continues its invasion of Hollywood by cutting a deal with Sony Pictures to market movies in China. Wanda can practically guarantee the success of a new release given that it controls the largest movie theater chain in China ensuring a film will be scheduled heavily when it opens.
There is no sure bet at Viacom however as the media giant’s leadership remains in turmoil. It’s interim CEO is stepping down sooner than expected and the vice chairman of Paramount Pictures is also exiting. Then last week the company announced it would take a $115 million loss on a movie that hasn’t even been released yet.
Of course we also cover the week’s top entertainment news including a new law requiring websites like IMDb remove an actor’s age upon request, the BBC gets into a bake off battle and why Netflix is getting more original every day.
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Showbiz Sandbox 334: Music Streaming Wars Heat Up Over Exclusive Releases
September 6, 2016
The competition between Apple Music and Spotify for subscribers has been cutthroat over the past year. Now comes word that Spotify may be retaliating against artists working with Apple. We’ll take a look at how exclusive new releases have raised the stakes in the ongoing battle for streaming music supremacy.
We also explain why it’s time everyone stopped discussing how abysmal North American summer box office was. After all, 2016 box office and attendance is actually up over the previous year, which had record earnings.
And in what might be a case of the pot calling the kettle black, China is questioning whether Universal’s acquisition of DreamWorks Animation breaks its antitrust regulation.
Of course we also cover the week’s top entertainment news including how Jackie Chan will be awarded an honorary Oscar, Frank Ocean makes history by topping the Billboard charts with a self-released album and Baz Lurmann’s “Moulin Rouge” is being turned into a musical.
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Showbiz Sandbox 328: Pokémon Finally Brings Augmented Reality to Life
July 11, 2016
After endless hype everyone is finally getting a chance to experience virtual reality and augmented reality in the best way possible; by playing a game. Pokémon Go was an instant hit when it launched recently for mobile phones. It’s literally and figuratively a game-changer and the first of what’s sure to be many new products making clever use of AR.
Meanwhile, for the first time in years, the Chinese box office is not just slowing down, it’s shrinking. Hollywood movies are dominating the market but that hasn’t stopped the Chinese government from loosening the reins to let in more Hollywood movies just to sell more tickets.
In fact, the deal limiting the number of imported films into China to 34 per year ends in 2017. As Hollywood goes back to the negotiating table with the Chinese government, they will not only be pushing to get more movies into the country, but also a bigger piece of the box office, which is presently limited to 25%, though is often less.
Of course we also cover the week’s top entertainment news including why season seven of “Game of Thrones” is going to be delayed, how music streaming services have surpassed 55 million paid subscribers and the three leads of the Broadway sensation “Hamilton” have taken their final bow.
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Showbiz Sandbox 327: The Academy’s Class of 2016 Gets A Lot More Diverse
July 5, 2016
The Academy Of Motion Picture Arts & Sciences invited a record number of filmmakers, craftsman and executives to join its ranks in 2016, including a record number of women, people of color and international artists. While this helps make its membership more diverse, the Academy itself points out, this amounts to a drop in the bucket.
Meanwhile, the Jay-Z digital music service is generating some of its own headlines, literally. Word leaked out, probably from within the company itself, that the streaming music service was in talks to be acquired by Apple. Even though people are consuming more media than ever, the streaming music business may not be a quick route to profitability.
The Chinese box office, on the other hand, has been growing at an astronomical pace over the past few years; 50% last in 2015 alone. However, those gains might be slowing down, as the growth rate has dropped to 20% so far. Maybe the prediction that China would become the biggest movie market in the world by 2017 were premature.
Of course we also cover the week’s top entertainment news including a lawsuit over special effects technology which is causing problems for ongoing productions, a host of “Top Gear” crashes and burns, though not literally, and longtime newscaster Nancy Grace will depart CNN.
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Showbiz Sandbox 324: Can These 100 People Fix The Academy’s Diversity Problem?
June 6, 2016
After the Academy of Motion Pictures Arts & Sciences failed to recognize the work of minority actors and filmmakers for the second year in a row, the organization promised to double the number of minorities within the next four years. The Los Angeles Times has taken matters into their own hands by suggesting 100 industry professionals that could make the Academy more diverse. Tre’vell Anderson, the staff writer who oversaw the project, joins us to explain how the list was compiled and what the response has been.
Meanwhile, rumors are circulating that Disney has scheduled four weeks of reshoots for the Star Wars spin-off “Rogue One”. There is some speculation that Disney felt the film was too dark, however it could just be the standard reshoots multi-million dollar blockbusters often go through.
Sony made some revisions of their own last week to their senior executive ranks. Specifically the heads of both the motion picture and television groups both announced their departure from the studios. What’s noteworthy about the news is that both had worked at the studio for 25 years.
Of course we also cover the week’s top entertainment news including when the Broadway hit “Hamilton” might lose its leading man, Nintendo revamps Pokemon in China and Amazon expands its content offerings in Japan.
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Showbiz Sandbox 323: Trends From the 2016 TV Upfronts
May 30, 2016
Each May all the U.S. television networks invite major advertisers and the media to New York so they can pitch all of the new and returning shows on their fall schedules. Known as the upfronts, a good chunk of the prime time advertising inventory is sold during these meetings as promotional buzz about each series commences in earnest. We’ll take a closer look at some of the big trends coming out of this year’s upfronts.
Meanwhile, a much beloved series might be starting a trend of its own by increasing viewership in its 12th season. Usually long-running shows lose audience in their latter years, however “Grey’s Anatomy” is the perfect example of how new technology can boost viewership.
Viacom and CBS are likely to have kept a close eye on the recently completed upfronts, given their dominance in television. CBS was originally a Viacom property, but was spun-off more than a decade ago. Now, amidst leadership turmoil at Viacom, there is speculation the two companies may merge, once more becoming a single entity.
Of course we also cover the week’s top entertainment news including why U.S. presidential candidate Bernie Sanders is criticizing Disney, Spotify’s big success in helping subscribers find new music and why the next James Bond film is in search of a director.
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Showbiz Sandbox 319: The Changing Tide of Music Distribution
April 25, 2016
Almost three years after Beyoncé made a big splash by releasing a secret album via iTunes, the pop star has snuck up the world once again with her latest work, a video album called “Lemonade”. This time however Beyoncé was strategic in how she distributed her album, premiering it with an HBO special, then exclusively to the streaming music service Tidal, before ultimately turning back to iTunes. More and more, big name acts are controlling how and to whom their music gets distributed.
Multi-genre musician Prince was way ahead of his time when it came to controlling how his music reaches the world. The legendary artist died suddenly last week leaving behind a lifetime of work a great deal of which was never released. We discuss the many fascinating ways the unexpected death of Prince was covered by the media and his sometimes unique distribution methods.
We’ll also take a look at the introduction of a new cinematic camera that has the potential to revolutionize filming and post-production by allowing to filmmakers “to effectively capture the color, direction and placement of every ray of light”.
Of course we also cover the week’s top entertainment news including some behind the scenes drama at the morning talk shows, why China shut down some of the Apple iTunes stores and how Hollywood is making its way to West Africa.
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Showbiz Sandbox 310: Diversity Makes A Comeback At Sundance
February 2, 2016
This year’s Sundance Film Festival wrapped up over the weekend in historic fashion by awarding the dramatic competition grand jury and audience prizes to “The Birth of a Nation”, a historical biopic a Virginian slave revolt. The film made headlines earlier in the week when Fox Searchlight purchased the film for a record $17.5 million after beating out Netflix in a heated bidding war.
We’ll tell you about all the big Sundance awards and continue the Oscar season slog, in which this year’s front runners are as mixed up as a Republican presidential primary. SAG added to the confusion, making “Spotlight” this week’s hero, after “The Big Short” looked like a winner the week before.
Meanwhile the Federal Communications Commission is about to vote on ending the monopoly of set top boxes for US cable subscribers, a decision that could have big ramifications for everything from what you watch to the stock prices of numerous tech companies, including Apple and Roku.
Of course we also cover the week’s top entertainment news including Louis CK bypasses television networks and brings his new series directly to viewers, Pope Francis gets ready for his closeup in a feature film and sales of new music were outpaced by catalogue titles over the past year.
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Showbiz Sandbox 306: Deconstructing the 2015 Movie Box Office
January 4, 2016
Few, if any, can rival Paul Dergarabedian when it comes to analyzing the film industry’s global box office. Rentrak’s senior media analyst has been running movie numbers for upwards of 20 years now and is a regularly quoted box office pundit. Dergarabedian joins us to discuss how 2015 turned into a record breaking year at the box office all over the world.
We cover everything from how the winners at last year’s box office left little for the losers to the increasing role social media plays in the fortunes of any given movie, from the importance of international grosses to the record shattering “Star Wars” sequel. One big question is how 2016 could ever top last year’s figures or if that even matters.
We wind up in the music business where lawsuits are always a good indication on the issues affecting the industry. Two big new lawsuits target Spotify and Ticketmaster. We’ll explain what they are all about… and predict if they will actually make it to trial.
Of course we also cover the week’s top entertainment news including why The Beatles agreed to put their music on streaming services, how Taylor Swift’s concert tour topped the charts last year and the sexual assault charge against Bill Cosby.
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Showbiz Sandbox 302: The Long Slow Death of Overnight Television Ratings
November 30, 2015
Taking a cue from cable networks like AMC and USA, Fox recently became the first major network to abandon the practice of touting overnight television ratings numbers. The move simply confirms the growing realization within the industry of a sea change in viewing habits that is having a massive impact on when shows are watched, what shows are produced and how they get promoted.
The publishing industry is undergoing its own set of struggles. New reports on book sales paint a dire picture for the ebook format and mid-size publishers. We’ll go over the numbers and explain what they actually mean.
Speaking of numbers, Adele’s new album “25” broke sales records selling 3.38 million copies in its first week, accounting for 67% of all record sales in Billboard’s Top 200. While you can hear songs from the album on the radio or purchase it via digital download and even on compact disc, Adele is not allowing you to stream it on services such as Spotify or Apple Music
Of course we also cover the week’s top entertainment news including how French television series were big winners at the International Emmy Awards, why only one of this season’s new TV shows have been cancelled and Sony’s decision to stop manufacturing Betamax tapes.
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