Showbiz Sandbox 171: Cost Of Sports Could Be Cable’s Unbundling
November 26, 2012
The rights to broadcast Major League Baseball games through 2021 were recently scooped up by ESPN for a cool $5.6 billion. That’s nothing compared to the $15.2 billion the network will be paying the NFL for “Monday Night Football” over the next eight years. Now News Corp. has coughed up billions for a stake in the New York Yankees network and are on the verge of paying a rumored $6 billion for the rights to air Los Angeles Dodger baseball games for 25-years. Some cable operators are now saying the skyrocketing costs of sports programming is out of control and unrealistic.
Since we’re talking about billions of dollars, we may as well mention Sony Pictures. Thanks to films such as “The Amazing Spider-Man” and “Skyfall” the studio has taken in more than $4 billion worldwide this year at the box office. Lionsgate isn’t doing too bad either, earning $1 billion with releases such as “Hunger Games” and “Twilight Saga: Breaking Dawn”.
In fact, the North American box office is on pace to set a new record this year, much like the grosses recorded over the Thanksgiving holiday weekend. The $290 million was a new high for the four day period.
Of course, we also cover all the big entertainment headlines from the past two weeks including the ongoing sexual abuse scandal rocking Sesame Street, the death of actor Larry Hagman and NBC’s big win during the November sweeps.
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Showbiz Sandbox 159: Raiders of the Lost Email
August 20, 2012
We are incredibly proud of our audience here at Showbiz Sandbox and believe our dedicated listeners are the most important members of our team. Imagine how upset we were upon discovering some listener email hadn’t been making it to our inbox for the past few months. We rectify that situation on this episode, revisiting a few of the popular topics from past shows.
We debate the merits of bringing “Raiders of the Lost Ark” to the big screen again… the incredibly big screen. In fact, it’s been restored for presentation in Imax theatres.
Turns out the Olympics was the most watched television event in U.S. history, but even with that success NBC confirmed that they were lowering the salary of popular late-night talk show host Jay Leno, and laying off two dozen staff members from his show.
We also cover the week’s top entertainment headlines including saying goodbye to “The Closer” , the untimely death of filmmaker Tony Scott, a Nordic expansion for Netflix and why YouTube is where all the cool kids discover new music.
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Showbiz Sandbox 144: Measuring Media Proves Difficult In The Digital Age
April 9, 2012
Whether trying to figure out how many users the streaming music actually has or why audiences have abandoned television shows in the ten o’clock hour, it turns out keeping track of media metrics often requires fuzzy logic.
In one instance the ratings for CNBC in the 18 to 49-year-old demographic plummeted when three people included in Nielsen’s measurement sampling turned 50. Meanwhile, Billboard’s new formula for ranking singles caused Justin Bieber to narrowly miss hitting the number one spot.
There have been no problems counting money at movie theater and Broadway box offices. “Hunger Games” has helped movie grosses continue their record setting pace for the year and over on the Great White Way, three musicals pulled in over $2 million during Easter break.
Of course, we also cover the top entertainment headlines from the past week, including Ryan Seacrest’s Olympic efforts, Vince Vaughn’s bad timing and YouTube’s confusing relationship with Viacom.
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Showbiz Sandbox 134: Video-On-Demand Rides To The Rescue At Sundance
January 30, 2012
This year’s Sundance Film Festival came to a close last weekend awarding top prizes to a wide range of movies. Independent film industry veteran Michael Tuckman sizes up this year’s festival and highlights some of its most noteworthy movies. Tuckman explains how video-on-demand has become a big part of the distribution strategy for such films, providing them with a wider audience than traditional art houses.
IFPI also showed up with some good news last week reporting that global digital music sales were up eight percent in 2011. Subscription services such as Pandora and Spotify are helping increase revenue, though they are also eating into the advertising dollars usually reserved for local radio stations.
Meanwhile, Broadway is gearing up for its spring season with a glut of hot new productions, making it difficult to pick a front-runner for Best Musical (the most valuable – if not the only valuable – Tony Award). Best Play is also up for grabs and none of the newcomers are slam dunks.
We also cover the week’s top entertainment news stories including, Simon Cowell retooling the “X-Factor” with new hosts and judges, an upbeat earnings report from Netflix and how Ticketmaster bungled the sale of tickets to Bruce Springsteen’s latest tour… again.
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Showbiz Sandbox 130: It’s The Data, Stupid (or Why Live Nation Bought BigChampagne)
December 19, 2011
As 2011 comes to an end mainstream media companies continue to struggle with how to distribute their content through the Internet. That was never more apparent than this week as concert promoter Live Nation acquired BigChampagne, a media tracking and technology company. Joe Fleischer, Big Champgne’s chief marketing officer, explains why a live-event company is interested in staying on top of the latest music industry data and how the acquisition will help Live Nation better understand their customers.
Meanwhile, as SOPA and PIPA make their way through Congress, Universal Music Group caused a stir when they tried to squash news reports of their copyright infringement lawsuit against MegaUpload. Then there was comedian Louis C.K. who used digital convergence to his benefit by selling a video of his most recent stand-up show directly to fans, making a huge profit in the process.
Matt Damon was also muddying the waters last week by revealing the in-fighting going on behind the scenes of the”Bourne” franchise. Of course, we also cover the top entertainment news stories of the week including the Golden Globe and SAG award nominations, Howard Stern’s new television gig on “America’s Got Talent” and Madonna’s new record contract.
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Showbiz Sandbox 124: UltraViolet Is A Solution In Search Of A Problem
October 31, 2011
More than 75 companies have teamed up to form UltraViolet, a new service that promises to give consumers the freedom to watch movies and television shows wherever and whenever they want. However, early adopters have discovered that untethering content from physical media such as DVDs can be a tedious and confusing process. As the entertainment industry experiments with rapidly evolving technologies, viewers seem hard pressed to find any benefits in moving to the cloud.
When it comes to music though, fans have already migrated to online services such as Pandora, iTunes and Amazon. Now Google is preparing to launch its own music offering which is rumored to allow users to share music with their friends and family.
And if you thought digital technology was a tough racket, so is trying to copy the success of the hit television series “Mad Men”. NBC failed with it’s 1960s drama “The Playboy Club” and ABC isn’t fairing much better with “Pan Am”, a similar knock-off. They could have picked up Charlie Sheen’s new sitcom, “Anger Management” as a replacement, but FX scooped it up before anyone had a chance.
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Showbiz Sandbox 116: Will Hollywood Miss Steve Jobs?
August 30, 2011
Last week’s news that Steve Jobs was stepping down as the CEO of Apple caused headline writers all over the world to work overtime. Sure Jobs became a household name by helping revolutionize personal computing, but he also helped shape the modern entertainment industry with products such as iTunes, the iPod and the iPad. And we shouldn’t forget his role in founding a little animation company called Pixar. We discuss what Jobs departure from Apple means to Hollywood and why some entertainment execs may be secretly relieved to see him exit the stage.
On the other hand, news that filmmaker Ridley Scott was working on a sequel to his sci-fi masterpiece “Blade Runner” didn’t seem to please anyone. Some showbiz pundits went so far as to call the idea “catastrophically bad”. We’ll explain why.
Over in the world of television, one of the husbands on “The Real Housewives of Beverly Hills” committed suicide causing Bravo to re-edit episodes for the upcoming season. Will the death of Russell Armstrong cause networks to rethink how they handle reality television?
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Showbiz Sandbox 114: Hollywood Overflows With Streaming Content Deals
August 1, 2011
Digital distribution of television shows, movies and music has become quite trendy in Hollywood. Not a week goes by that companies such as Netflix, Spotify, Hulu and others aren’t in the news cutting some sort of deal with a big studio, television network or record label. This past week retail giant Amazon and online video portal YouTube made big additions to their streaming content libraries while Fox decided to limit those who could view their shows online. We provide a rundown of all the recent announcements and what they might mean for you, the consumer.
We are also joined by Roger Goff, an entertainment attorney with Wolf, Rifkin, Shapiro, Schulman & Rabkin. He helps us understand a few recent lawsuits filed by television producers, especially one in which the producer of “American Idol” is suing Fox over not being made an executive producer on the upcoming reality series “X-Factor”.
Speaking of legal issues, it turns out the NBCUniversal Comcast merger wasn’t as much of a done deal as everyone thought. A federal judge is threatening to hold up approving the union claiming it may not be in the “public interest”.
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Showbiz Sandbox 104: ‘Pirates’ Proves The Importance Of A Global Box Office
May 23, 2011
Despite earning more than $90 million in North America during its debut weekend, the opening of “Pirates of the Caribbean: On Stranger Tides” did not live up to many industry insiders lofty expectations for the movie. However, considering the film made an additional $260 million in more than 100 international territories, its impossible to consider the latest installment of the Jack Sparrow franchise anything other than a success.
Even so, some analysts believe any muted box office returns for “Pirates” in North America are due to the public’s rejection of 3D movies. Have audiences grown tired of viewing films in 3D? Is the once flashy new technology now passé or is the surcharge for 3D and Imax causing moviegoers to opt-out?
The Cannes Film Festival came to an end this past week with Terrence Malick’s “Tree of Life” taking home the Palm d’Or. Will winning the festival’s top prize help the film’s financial prospects? If history is any guide, probably not.
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Showbiz Sandbox 99: How To Fix Hollywood’s Obsolete Residual Payments System
April 11, 2011
Labor and contract negotiations are a constant concern in Hollywood. Entertainment attorney Jonathan Handel is a contributor to The Hollywood Reporter and has written a book about the industry’s labor disputes, “Hollywood on Strike!: An Industry at War in the Internet Age
Blockbuster, the beleaguered video chain which filed for bankruptcy protection last year, was auctioned off to Dish Networks. How the acquisition will benefit the satellite television provider remains to be seen.
The Grammy Awards are getting trimmed down as they cut more than 30 categories and combine a number of others. Music industry professionals are split over whether the changes will help the awards show.
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