Showbiz Sandbox 189: Contentious CinemaCon; Corporate Coachella




Showbiz Sandbox show

Summary: At this year’s CinemaCon movie studios showed up in full force to pitch the world’s largest gathering of cinema operators on a bounty of upcoming blockbusters. Behind the scenes however, some of the larger theater chains were haggling with studios over how to divide ticket sales for tentpole releases such as “Iron Man 3”. Meanwhile, for the second year in a row, the promoters of the Coachella Music Festival tried to replicate the event over two weekends. They held the same festival, with the same musical acts, on back-to-back weekends. While at times it couldn’t help but seem like a greedy attempt to extract more money from attendees, there were moments of sheer magic that only happen at Coachella. Then there is Netflix, which after being ridiculed publicly for a series of ill-advised strategic moves in 2011, has managed to turn its ship around. After successfully producing its own hit-content with “House of Cards”, subscribers have returned, profits are increasing and the stock price is on the rise. Netflix CEO is feeling so good he wrote a manifesto on the future of televsion. Of course we also cover the week’s top entertainment news including Zach Braff’s successful Kickstarter campaign, how Bittorent is helping market a movie and whether “Django Unchained” will ever be released in China. Movie Ticket Prices In U.S. Drop in the First Quarter - A Little http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-movie-ticket-prices-20130422,0,1424352.story (http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-movie-ticket-prices-20130422,0,1424352.story) CinemaCon: AMC's Gerry Lopez Speaks Out On 'Iron Man 3' Dispute http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-lopez-ironman-fight-20130417,0,1546232.story (http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-lopez-ironman-fight-20130417,0,1546232.story) AMC Settles 'Iron Man 3' Dispute with Disney http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-amc-iron-man-20130425,0,2762804.story (http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-amc-iron-man-20130425,0,2762804.story) Iron Man Gets 4-D Launch In Japan http://www.hollywoodreporter.com/news/iron-man-3-become-first-440359 (http://www.hollywoodreporter.com/news/iron-man-3-become-first-440359) Major Film Studios Prosper On The Margins http://variety.com/2013/biz/news/major-film-studios-prosper-on-the-margins-1200376494/ (http://variety.com/2013/biz/news/major-film-studios-prosper-on-the-margins-1200376494/) CEO Pay Reaches Versailles Levels; Let Employees Eat Cake http://www.hollywoodreporter.com/news/cbs-leslie-moonves-pay-2012-438682 (http://www.hollywoodreporter.com/news/cbs-leslie-moonves-pay-2012-438682) Jeffrey Katzenberg Enjoys Big Pay Raise http://www.hollywoodreporter.com/news/dreamworks-animation-ceo-jeffrey-katzenbergs-442945 (http://www.hollywoodreporter.com/news/dreamworks-animation-ceo-jeffrey-katzenbergs-442945) The Best of Coachella http://blogs.villagevoice.com/music/2013/04/best_of_coachel.php (http://blogs.villagevoice.com/music/2013/04/best_of_coachel.php) How Netflix CEO Reed Hastings Sees the Future http://allthingsd.com/20130424/how-netflix-ceo-reed-hastings-sees-the-future-netflix-wins-apps-win-and-so-do-hbo-espn-and-the-cable-guys/ (http://allthingsd.com/20130424/how-netflix-ceo-reed-hastings-sees-the-future-netflix-wins-apps-win-and-so-do-hbo-espn-and-the-cable-guys/) Netflix Push Iinto Original Fare May Be Bad News For Hollywood http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-netflix-revenue-hemlock-grove-house-cards-viacom-media-earnings-nomura--20130423,0,2075697.story (http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-netflix-revenue-hemlock-grove-house-cards-viacom-media-earnings-nomura--20130423,0,2075697.story) Fox Threatens To Go Cable Over Aereo http://www.engadget.com/2013/04/08/fox-threatens-cable-channel-aereo-court-battle/