Showbiz Sandbox 573: Paramount Takes A Global Approach to Streaming
February 21, 2022
During its most recent earnings call ViacomCBS outlined how they plan on reorganizing the media giant to compete with streaming leaders such as Netflix. First they are bringing content from all of their current services into Paramount+ and retaining the rights to popular programming such as “South Park.” They announced a glut of new projects including a new “Star Trek” movie and to hammer the point home changed the company name to Paramount Global. Wall Street immediately responded by selling off shares.
Meanwhile, the Academy Awards announced their COVID health and safety guidelines for this year’s Oscars ceremony. Masks and proof of vaccine will be required, depending on who you are, where you’re sitting and whether you’re appearing on the telecast. Everyone seems to agree, the rules are confusing and don’t seem to make much sense.
Of course we also cover the week’s top entertainment headlines including how actor Tom Holland is ruling the box office in two different movies, more leadership shakeups at CNN and Netflix strikes a deal with comedian Dave Chappelle.
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Showbiz Sandbox 544: The Existential Crisis Facing Theatrical Movie Releases
June 8, 2021
Anne Thompson, the editor at large at IndieWire, believes “a lot of things have to go right for the two-hour movie theatrical release to endure.” Thompson said as much in an opinion column she recently wrote for the New York Times. In a detailed opinion column for the New York Times. In a detailed conversation she explains four key challenges movie theaters face as they revive their business after the pandemic, including whether North American box office will ever again reach $11 billion.
One theatrical release that is doing better than some expected is Disney’s “Cruella.” The live-action spin-off has been popular enough for Disney to release a fashion line inspired by the outfits Oscar winning costume designer Jenny Bevan created for the film. They probably should have told her first since the Costume Designers Guild is none too pleased.
Of course we also cover some of the week’s top entertainment headlines including the big winners at the BAFTA TV awards, how SpongeBob SquarePants is able to avoid paying taxes and the Russian comedy that is getting lots of local language remake love.
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Showbiz Sandbox 534: Do All The Streaming Numbers Add Up?
March 23, 2021
With world-wide subscriptions surpassing 1 billion last year, every movie studio and every television network is pouring money into streaming video services. They’re hoping to make more money with subscribers than the untold billions they’ve been raking in for decades at the box office, through advertising, in syndication or sales of Blu-Rays. And while these services are quick to tell us how many subscribers they have, it’s anyone’s guess as to how many people are actually tuning in to their programming.
Theatrical box office is another statistic that has gotten harder to track during the pandemic with many distributors delaying the reporting of grosses. Even so, the Motion Picture Association added up all the numbers for 2020 and reported that global box office was down over 70 percent to $12 billion.
Of course we also cover some of the week’s top entertainment headlines including the NFL’s new relationship with Amazon, Hollywood agencies are getting into celebrity estate management and a trip to this year’s SXSW Film Festival.
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Showbiz Sandbox 531: Uncovering A Diverse Set of Problems at the Golden Globes
March 2, 2021
A week before the Golden Globes, Stacy Perman and Josh Rottenberg of the Los Angeles Times wrote investigative pieces detailing conflicts of interest and a lack of diversity within the Hollywood Foreign Press Association; the tight knit and tight-lipped group of 87 international journalists who nominate and choose the winners each year. Perman joins us to discuss her work on the story, which was picked up by every major media outlet, and the immediate impact it had on this year’s Globe’s ceremony. Whether it will be enough to change the behavior and makeup of the HFPA remains to be seen.
Meanwhile, Viacom announced a slate of programming for their new streaming service, Paramount+. Along with 2,500 movies, 30,000 episodes of television and live sporting events, the company will be rebooting hit series such as “Fraiser” with their original cast. The company also revealed that blockbuster films such as “Mission:Impossible 7” and “A Quiet Place II” will debut on Paramount+ just 45 days after their theatrical release.
Of course we also cover some of the week’s top entertainment headlines including this year’s Art Directors Guild Award nominees, why kill fees might be coming to international film sales and recorded music grosses passed $12 billion in North America during 2020.
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Showbiz Sandbox 506: Apple Gets Into An Epic Battle Royale
August 18, 2020
Online gaming allows participants to take part in massive multiplayer battles, but no one ever gets hurt. Well, in real life, Epic Games, the company behind Fortnite is taking on both Apple and Google with an antitrust lawsuit and one of these companies is definitely going to get hurt where it counts most…the bottom line.
Meanwhile, as movie theaters around the world start to re-open after being shut down for months due to the coronavirus pandemic, the box office is sputtering back to life. Even Comscore has started publishing a weekend box office report again. Still, the industry has lost billions of dollars and is far from returning to normal grosses.
Of course we also cover some of the week’s top entertainment headlines including why thousands of actors may lose their health insurance, women are ruling the Billboard music charts and how Warner Music Group is getting a bit more social.
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Showbiz Sandbox 480: “Parasite” Infects the Oscars With Historic Win
February 10, 2020
Though many Academy Awards pundits believed that “1917” would win the Oscar for Best Picture, the prize went to filmmaker Bong Joon-ho’s “Parasite.” Anne Thompson of Indiewire joins us to explain how the industry united behind the South Korean film, giving it four top Oscars, in a historic win; the first foreign language film to ever win the Best Picture Oscar.
Surely none of the Oscar winners will be getting a bump at the box office in China, even if they managed to get a release date. Movie theaters have been closed for the past three weeks due to a coronavirus which has completely upended which films will get into cinemas and when in a tight calendar they’ll reach audiences.
Meanwhile, the WGA overwhelmingly approved their demands for the upcoming contract talks with producers and studios. The existing contract is set to expire in the middle of this year and just about everyone in Hollywood is expecting and gearing up for another writers’ strike.
Of course we also cover the week’s top entertainment headlines including why manufacturing vinyl records might get a lot harder, how YouTube is raking in revenue and Disney plans on bringing the Broadway musical “Hamilton” to movie theaters.
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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 466: How Hollywood Kowtows to China
October 28, 2019
Entertainment companies are finding themselves in compromising positions when it comes to avoiding political pitfalls in China. Movie studios and media conglomerates don’t want to disrupt their bottom line by appeasing Chinese authorities while surrendering their creative freedom. The result is that companies distributing content in China find themselves censoring themselves.
“South Park,” on the other hand, chose an alternative path; directly offending the Chinese government and immediately being banned throughout the country. Even when companies do kowtow to the Chinese government, they find themselves getting into trouble at home and abroad. Just ask the producers of the animated film “Abominable,” an animated film which was banned in the country for showing a map that favored China’s disputed territorial claims.
Meanwhile, the new television season started. Not that you’d know it based on the ratings, which are down almost any way you slice them. And the clear message is this: people’s viewing habits have changed, probably forever, and it’s not going to help TV channels trying to sell eyeballs to advertisers.
Of course we also cover the week’s top entertainment headlines including a tie for this year’s Booker Prize, Netflix somehow adds even more subscribers and a big Hollywood talent agency scraps its long awaited IPO.
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Showbiz Sandbox 459: Jay-Z Gets Played By The NFL
August 19, 2019
In a win-win for the American football and artist Jay-Z (or a lose-lose depending on your point of view), the National Football League is working with one of its biggest critics. Jay-Z has historically been very supportive of the NFL players who have used their visibility to bring attention to issues like police brutality. He also made clear that he wouldn’t perform at the Super Bowl Halftime Show. Now he’s signed a deal with the NFL to consult on the Halftime Show, NFL music in general and assist with other efforts to make the NFL and its entertainment more inclusive.
Many wondered why Jay-Z would enter into such an agreement when it seemed he had so much to lose and little to gain, especially when it appears as if the NFL is co-opting him. Perhaps the rumors that the rap and entertainment mogul wishes to to buy a significant stake in an NFL team are actually true.
Meanwhile in China, streaming giants such as Netflix, YouTube and eventually Disney+ were granted permission to launch their platforms in the country. That is so long as these companies play by some strict government rules. But what exactly that means, both in regards to mandated propaganda content and censorship remains to be seen.
Of course we also cover the week’s top entertainment headlines including CBS and Viacom get remarried, why Hong Kong protesters want to boycott the live action adaptation of “Mulan” and sales at bookstores decline this year.
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Showbiz Sandbox 423: After New Allegations Time Was Up For Les Moonves at CBS
September 10, 2018
When CBS head Les Moonves was accused of sexual misconduct this past summer his firing seemed inevitable. Instead he over the weekend after six additional women came forward with allegations dating back decades. Now the question is not how much severance Moonves will get but how much money can CBS pay him to go away and avoid a drawn-out lawsuit without angering activists .
Ultimately Moonves may have lost the battle but won the war. His stepping aside allowed for the settlement of an ownership lawsuit which prevents National Amusements, the network’s parent company, from trying to merge CBS and Viacom for at least two years.
Meanwhile Netflix scored big at the Venice Film Festival when their movie “Roma” picked up the Golden Lion, the festival’s top prize. Director Alfonso Cuarón’s film seems like just the type the Academy might fall for come Oscar time, but first it has to find a movie theater willing to show it.
Of course we also cover the week’s top entertainment news including why there won’t be a Best Popular Film category at next year’s Oscars, a new “Law & Order” series and all the history made at the Creative Arts Emmy Awards.
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