Showbiz Sandbox 582: Movie Theaters Come Roaring Back at CinemaCon




Showbiz Sandbox show

Summary: When cinema operators from around the world gathered in Las Vegas for CinemaCon last week, it quickly became obvious that movie theaters ain’t dead yet. Though a global pandemic may have decimated their business model for several years, audiences seem to slowly be returning to movie theaters. So have Hollywood studios who are starting to realize they can’t survive on streaming revenue alone.<br> Speaking of streaming, a poor earnings report in which Netflix announced they lost subscribers for the first time in a decade, has served as a moment for self-reflection for the company as well as the industry-at-large.<br> Of course we also cover the week’s top entertainment headlines including an abrupt end to CNN+, “Fast &amp; Furious 10” loses its director and Europe’s new media laws.<br> <br> ‘Fantastic Beasts’ &amp; ‘Sonic’ Top $300M Global; ‘Downton Abbey: A New Era’ Sets Table Overseas<br> <a href="https://deadline.com/2022/05/downton-abbey-fantastic-beasts-sonic-bad-guys-china-global-international-box-office-1235013921/" target="_blank" rel="noopener noreferrer">https://deadline.com/2022/05/downton-abbey-fantastic-beasts-sonic-bad-guys-china-global-international-box-office-1235013921/</a><br> Box Office: ‘Bad Guys’ Stays No. 1 as ‘Memory’ Fails Liam Neeson<br> <a href="https://www.hollywoodreporter.com/movies/movie-news/bad-guys-box-office-memory-1235138696/" target="_blank" rel="noopener noreferrer">https://www.hollywoodreporter.com/movies/movie-news/bad-guys-box-office-memory-1235138696/</a><br> A24’s ‘Everything Everywhere All at Once’ Hits Impressive Box Office Milestone<br> <a href="https://variety.com/2022/film/box-office/a24-everything-everywhere-all-at-once-box-office-1235255460/" target="_blank" rel="noopener noreferrer">https://variety.com/2022/film/box-office/a24-everything-everywhere-all-at-once-box-office-1235255460/</a><br> Netflix to Start “Pulling Back” Content Spend After Losing Subscribers in Earnings Miss<br> <a href="http://%E2%80%8B%E2%80%8Bhttps://www.hollywoodreporter.com/business/digital/netflix-q1-2022-earnings-1235132028/" target="_blank" rel="noopener noreferrer">​​https://www.hollywoodreporter.com/business/digital/netflix-q1-2022-earnings-1235132028/</a><br> Netflix Will Face Hurdles in Courting Advertisers, But Biz Abuzz About Streamer’s New Model<br> <a href="https://variety.com/2022/tv/news/netflix-ad-model-commercials-1235236339/" target="_blank" rel="noopener noreferrer">https://variety.com/2022/tv/news/netflix-ad-model-commercials-1235236339/</a><br> Amid Losses, Netflix Bets on a Bold Strategy Around Video Games<br> <a href="https://www.washingtonpost.com/video-games/2022/04/22/netflix-video-games/" target="_blank" rel="noopener noreferrer">https://www.washingtonpost.com/video-games/2022/04/22/netflix-video-games/</a><br> How HBO Kept ‘House of the Dragon’ Costs Under $20 Million per Episode<br> <a href="https://variety.com/2022/tv/news/house-of-the-dragon-budget-episode-cost-1235238285/" target="_blank" rel="noopener noreferrer">https://variety.com/2022/tv/news/house-of-the-dragon-budget-episode-cost-1235238285/</a><br> HBO Max, HBO Hit 76.8M Global Subs In Q1, Up 3M From Year End; WarnerMedia Profit Squeezed By CNN+<br> <a href="https://deadline.com/2022/04/hbo-max-warnermedia-att-1235007134/" target="_blank" rel="noopener noreferrer">https://deadline.com/2022/04/hbo-max-warnermedia-att-1235007134/</a><br> Tony Awards Producers Warn Potential Slappers: You Will Be Removed<br> <a href="https://deadline.com/2022/04/tony-awards-will-smith-chris-rock-no-violence-policy-1235006510/" target="_blank" rel="noopener noreferrer">https://deadline.com/2022/04/tony-awards-will-smith-chris-rock-no-violence-policy-1235006510/</a><br> E.U. Takes Aim at Social Media’s Harms With Landmark New Law<br> <a href="https://www.nytimes.com/2022/04/22/technology/european-union-social-media-law.html" target="_blank" rel="noopener noreferrer">https://www.nytimes.</a>