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MichAuto Investors Recognized by Crain's Detroit Business' 40 Under 40 Class of 2026
MichAuto is celebrating individuals from its investor companies who were recognized among Crain’s Detroit Business’ 40 Under 40.
‘Avatar: Seven Havens’ review: Beloved franchise gets vibrant expansion
The sequel to "Avatar: The Last Airbender" and "The Legend of Korra," premiering Friday on Paramount+, is a worthwhile franchise addition, writes our reviewer.
Chappell Roan reveals Tinashe, MUNA and more for LA benefit shows
ANAHEIM, Calif. — Chappell Roan has revealed the lineup for her upcoming Super Graphic Spectacular benefit concerts in Los Angeles, with Tinashe, Lola Young, MUNA and Caroline Polachek among the
Netflix’s Summer of Bummer
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) Today, I’ve got a guest post from longtime friend of the newsletter, Brandon Katz. I’ve been trying to find time all summer to look at Netflix’s straight-to-streaming film slate, but between a pre-planned trip and Nielsen moving up their streaming data timeline, I’ve been swamped. So I reached out to Brandon, one of my favorite fellow analysts, to write about it. And I feel like he captured the tone and data focus of the newsletter perfectly. You can connect with Brandon on LinkedIn and Twitter. Enjoy! Don’t worry, folks. You’re in safe hands with me. To ease any anxieties about an interloper in ESG’s domain, I’ll start by stealing one of his best framing devices: headlines. Box office flops are covered in the same way the Teenage Mutant Ninja Turtles eye pizza: with cartoonish insatiability. I would know. I’m a former reporter who wrote nearly identical headlines: Yet, intentionally or not, streaming misses get treated with kids gloves, filtered through a rosy lens: In the last six years, U.S. streaming viewership has become nearly as transparent as the box office, but the data often arrives weeks later, in a number of less intuitive metrics, and with nary an official budget to be found. This plays into the Wall Street-whispering narratives major streamers have been cultivating for years. They get a pass in a way that theatrical studios simply don’t. Subscribe Netflix’s Summer Slate Not a single Netflix original film released between May and August this year opened above 20 million U.S. TV hours, per Nielsen. That benchmark usually serves as the EntStrategyGuy’s floor for a streaming hit on Netflix. None of these films enjoyed a hit-cementing single week of 20-plus million hours during their runs. Netflix’s two best films were true crime docs, Maternal Instinct (16.5 million hours) and The Crash (19.7 million), the best overall week for a film this summer. Great for most other streamers, but not necessarily what we’re used to seeing from Netflix. For an overly-dramatic comparison, Happy Gilmore 2 opened last summer to around 47 million hours (celebrity cameos, baby!). Zooming out, the picture looks even worse. In 2026, Netflix’s five biggest scripted summer films posted the lowest average (28.6 million hours) and median (28.8 million hours) eight-week viewership totals of the past four years. Now, it’s unrealistic and unfair to expect Netflix to deliver a _KPop Demon Hunters-_sized hit every year. But it’s also not ideal to see the size of their hits shrinking over the last few summers. Let’s quickly run through some of the notable summer misses. Jennifer Lopez and Brett Goldstein’s perfectly fine romcom, Office Romance, fell off the charts after 20 million hours in its first two weeks. Top films usually last for four-plus weeks. Starry titles ideally don’t decay that fast either. Homegrown star Millie Bobby Brown couldn’t prevent the snappy Enola Holmes franchise from diminishing returns. At 14.3 million U.S. hours, the third film posted roughly half of what the first two films did in their first two weeks. What’s on Netflix calculated that per-day global views were down nearly 60% from the second movie. The Whisper Man did okay with more than 36 million hours over its first four weeks. But I expected a little more juice from a film featuring Robert De Niro, Michelle Monaghan, and Adam Scott. Kevin Hart’s Ladies First collected just 11.2 million hours total across two weeks. That’s a big miss for one of Netflix’s go-to stars. Plopping into the same bucket are Sunny Sandler’s Don’t Say Good Luck (10.3 million in two weeks) and John Cena’s Little Brother (17.5 million). Meanwhile, English-language originals Color Book (June 19), In the Hand of Dante (June 24) and Heartstopper Forever (July 17) never sniffed Nielsen’s Top 10 at all, despite needing only 2 to 5 million hours to land in the top ten most weeks. (By my count, eleven English-language scripted original films released between May and August did chart). It’s only fair to mention that Swapped (1-May) posted nearly 42 million U.S. hours over five weeks (the longest Netflix original run this summer) and is currently their eighth most-watched English-language film ever worldwide. Remarkably Bright Creatures (37 million, 4 weeks) and Voicemails for Isabelle (27 million, 4 weeks) weren’t bombs either. Still, overall, I think it’s fair to say this was a quieter summer season than we’re used to seeing from the market-leader. You might not realize that given the language commonly used in public analysis. The Twist Despite the starkly black-and-white tone of the coverage, here’s the twist: when many box office bombs arrive on streaming, their viewership looks a whole lot like many of Netflix’s supposedly successful summer releases. Hmm, where have we heard that one before? Masters of the Universe topped out at $65 million stateside against a $170 million budget_._ I’ll admit, Skeletor ripping sleeveless curls as a gym bro and bodyslamming Adam’s co-workers was funny. But, much to the chagrin of my bank account, my laughter doesn’t launch franchises. Yet the He-Man reboot opened to 19.6 million hours (from a Wednesday five-day opening instead of just one weekend), on par with Hoppers on Disney+ (19.4 million). It put up nearly 47 million hours over its first six weeks, bigger than all of Netflix’s summer releases. Pretty darn healthy and likely to land among the 25 most-watched movies on streaming this year. Sticking with Amazon, The Sheep Detectives just barely broke even at the box office with $133 million worldwide (and only $66 million domestic). I never expected cloven-hooved, cud-chewing mammals to be able to bring me to tears. Yet that’s exactly how I found myself at the end of this surprisingly affecting movie (#NoShame). It was likely the unexpected quality in a family-friendly film that powered its streaming over-performance. Sheep Detectives delivered a solid run for Prime video netting 26.2 million hours! How about franchise IP? Star Wars: The Mandalorian & Grogu had the lowest opening ($81 million) and lowest-grossing Disney-era live-action Star Wars film ($178 million domestic). One day before release, its Heat score (19.8%)—audiences who list their interest as a 7/7—fell behind blockbusters Wicked (21%), Superman (23%), Fantastic Four: First Steps (23%), Michael (23%), Toy Story 5 (26%) and Avatar: Fire and Ash (27%), according to Greenlight Analytics. The urgent enthusiasm just wasn’t there. On streaming, Mando opened to weeks of 12.1 million, 6.1 million and 2.7 million hours (21 million total) over its first three frames. Not the numbers Lucasfilm was hoping for nor the numbers of a streaming hit. But they’re in the same vicinity as some Netflix summer releases with $345 million at the global box office to offset a smidgen of the pain. Final Thoughts So why oh why does this nuance gap exist? Four key reasons: Data Literacy: A “$100 million opening” just makes sense. After decades of box office reporting, even casual movie fans are well-versed in the benchmarks of hits and home runs. There’s an immediate shorthand. But “16.5 million” hours doesn’t land nearly as cleanly. Despite leaps of progress, the streaming ratings era is still in its infancy compared to theatrical. The EntStrategyGuy and I met thanks to a late 2010s group chat of data nerds hungry to find a shred of certainty in nebulous streaming performance. I’m not surprised to see “No. 1 on Netflix” still getting misconstrued out in the wild. Timing: By Friday morning, we have the box office’s Thursday night previews totaled, allowing us to better project the weekend’s expectations. From there, ticket sales are reported daily. By Sunday, the film’s fate is usually finalized, at least in terms of public perception. In streaming, Nielsen recently improved its delay to…two weeks. The medium isn’t forced to contend with instant gratification as harshly. Financials: Theatrical film budgets are a mere Google away. Profit and loss is calculated in the cold and unforgiving naked light of day for all to see. But finding the vast majority of streaming exclusive movie budgets requires the forensic investigation skills of a Criminal Minds detective. Also, it’s very difficult to calculate how much revenue/value a straight-to-streaming films provides a streamer. This is why there are so few stories about streaming original movies “losing X amount of money”. On top of that, marketing budgets are far greater for theatrical movies than streaming exclusive movies, which leads to earlier and better awareness. This then translates to a wider pool of potential interest. Narrative Control: Netflix is the only major streaming service to publish weekly first-hand viewership data and annual engagement reports. Naturally, some headlines borrow their first-hand framing**.** Other streamers benefit from their comparative lack of transparency. They may occasionally announce vague performance platitudes such as Apple TV’s Mayday becoming its “biggest film debut on the platform to date over its first 18 days,” and that it ranked No. 1 with left-handed viewers in its first weekend. (Fine, I made up that second one). But, for the most part, they keep first-hand viewership shrouded in mystery to avoid bad press. Especially for outlets that demand multiple articles per day from their writers, it’s an easy (and understandable) way for some reporters to hit their daily article quota by just repeating what the streamers have told them. TL:DR version: Streaming-exclusive movies are asked to do different things than theatrical movies, but that doesn’t mean they should escape judgment. Both still need to draw enough eyeballs to justify their cost within the proper performance contexts. The more cleanly we can inject a little nuance into streaming analysis, the better we’ll understand the audience and content trends that drive this industry. And that’s what all of this is really about: knowing what audiences actually want! Brandon Katz is the Director of Insights & Content Strategy at Greenlight Analytics where he focuses on evaluating the ever-fluid media landscape to unearth understanding, opportunity and value. Greenlight Analytics is the entertainment intelligence consulting company redefining how Hollywood finds, understands, and activates audiences. Prior to joining Greenlight Analytics, he served as the senior entertainment industry strategist at Parrot Analytics, and as a full-time entertainment industry reporter covering the Xs and Os of Hollywood, most notably with TheWrap and the Observer.
SAIC acquires quantum encryption firm
Reston-based federal contractor Science Applications International Corp. has acquired quantum encryption firm Information Security Corp. for an undisclosed amount.
“DWTS” judge Carrie Ann Inaba responds to claim she shows favoritism among contestants
Inaba has been a judge on the reality competition since 2005.
Deep-sea expedition around the Hawaiian Islands includes 10 local scientists, students, educators
The expedition will utilize remotely operated vehicles and seafloor mapping technologies to explore never-before-seen ridges, seamounts and abyssal plains throughout the Hawaiian Archipelago.
Kitt Peak National Observatory honors Tohono O’odham land, language by renaming science center
Long before the National Science Foundation ever looked up to the starry sky searching for answers about the mysterious cosmos and universe, O’odhams like Jacelle Ramon-Sauberan stood atop I’oligam Du’ag — or Manzanita Shrub Mountain.
AI data centers impact public health. Here’s how to report the story
AI data centers consume vast amounts of power and release emissions. Learn how unpermitted generators and permit loopholes threaten public health.
Avatar Kuruk gets his own animated TV series in “Wave of Chaos” first look
Paramount+ revealed imagery of young Kuruk and his animal companion, Nikik.
'Avatar: Seven Havens' renewed for Seasons 3 and 4 on Paramount+
Get ready for a lot more Avatar.
Radio commentator among inductees to hall of fame
Nigel Johnson becomes first non-athlete inducted into Stoke sporting Hall of Fame.
Examining Latino youth mental health in the age of ICE raids
After the recent deaths of two young Latino men by suicide, youth mental health care professionals reflect on the ongoing mental health crisis happening among Latino children and adolescents.
The plague never went away. Cases are reported in parts of Africa and the U.S. nearly every year
The plague, the rare bacterial infection infamously known for killing tens of millions in 14th-century Europe, never went away. It is now easily treated with antibiotics.
Duo Westerlund-Hagen Tune Instruments Of War To Homage To Friendship
Catamount Arts is supporting Vermont State University’s presentation of drum-and-trumpet duo Westerlund-Hagen, on Wednesday, Oct. 14, at Alexander Twilight Theatre on the Lyndon campus.
Opinion: Chicago’s housing crisis demands more solutions and fewer debates
Chicago's housing affordability crisis calls for more construction, less confrontation and better cooperation among those seeking solutions.
Where does Earth's nitrogen go? Two atoms offer a clue
Nitrogen is one of life's building blocks, but it's only helpful in the right amounts. Too much nitrogen in water, for example, can lead to poor water quality and the gradual death of aquatic organisms. ...
Damian Lillard: "I feel great. I think the amount of …
Damian Lillard: "I feel great. I think the amount of …
David Ellison expects CBS to be in business with NFL for ‘foreseeable future’
Skydance CEO David Ellison is full speed ahead on a press tour to promote his freshly combined media company, which formally brought together Paramount and Warner Bros. Discovery after a lengthy process earlier this week. Since the company’s formal combination, Ellison has fielded questions during a press conference and given a handful of interviews. Most…
Washington Commanders Running Backs Looking to Pick Up Production
Though the Washington Commanders rank among the best rushing attacks in the NFL, can the running back room pick up more of the slack in 2026?
In brief: 'Stick' season 2 trailer and more
Bill Murray stars in the official trailer for A Course Called Ireland. The six-part documentary series premieres on Paramount+ on Oct. 25. The show follows Murray and his friends as they travel across the island to explore Northern Ireland and the Republic of Ireland's best fairways ...The Die Hard films are getting a brand-new home media release. All five of the movies will be released on physical media in 4K Ultra HD on Dec. 1. Bruce Willis stars as John McClane in all of the Die Hard films. The original movie finds the New York City policeman taking on terrorists after he flies to Los Angeles to be with his estranged wife and two children on Christmas ... TNCMS.AdManager.render({region: 'fixed-big-ad-top-asset', slot: 1, fold: "above"}); The trailer for Stick season 2 is here. Owen Wilson stars as the talented golfer who strives for second chance in the sophomore season. Peter Dager, Timothy Olyphant, Rhea Seehorn, Marc Maron, John Higgins and Billy Zane also make up the cast of the new season. The Apple TV series premieres its first two episodes on Nov. 4. A new episode drops weekly every Wednesday that follows until the season finale airs on Dec. 30 ...Copyright © 2026, ABC Audio. All rights reserved. Thank you for reading kmaland.comAt KMA, we attempt to be accurate in our reporting. If you see a typo or mistake in a story, please contact us by emailing kmaradio@kmaland.com.
Health and Wellness Fair offers free health screenings
Mammograms, flu and COVID-19 shots, CPR education, and more are available Saturday, Oct. 10, 10 a.m. to 1 p.m. at Diamond Hill in Fort Worth.
2nd measles case confirmed in Allegheny County
The Allegheny County Health Department is now reporting a second resident has tested positive for measles as the statewide outbreak of the highly contagious disease finds its way to the Pittsburgh area. The department reported the first confirmed case of measles among Allegheny County residents Monday, saying the person was
The midterm polls that caught our eye this week
Polls show Trump losing support among his base and voters focused on Senate control and issues.
WWE's Michael Cole refuses to dip his toe into political waters, bucking trend among sports broadcasters
Michael Cole explains why he never makes political statements during WWE broadcasts, calling himself an actor playing a role in scripted entertainment.
Dear business students, career obsession is killing your curiosity
Each year, top- and mid-tier firms have become increasingly predatory and pushed recruitment timelines earlier into our academic careers. The situation is so dire that it has become a joke among bu…
Russia lifts plague lab-related quarantine measures. Should China be relieved?
Moscow says the incident is over but questions remain among Chinese commenters and others on social media globally.
Caesars casino visitor center opens in Danville with goal to increase local business customers
Guests can create custom digital itineraries there and send them to their phones, said Lisa Meriwether, Danville’s tourism director.
Paramount to develop Cyberpunk 2077 film, lifting CD Projekt RED's shares
Oct 9 (Reuters) - Paramount Pictures is developing a live-action film set in the universe of CD Projekt RED's video game "Cyberpunk 2077" alongside producer Lorenzo di Bonaventura, entertainment
Ace Combat 8 players in Japan are affectionately headcanoning its ace pilot protagonist as a helpless "airhead" outside the cockpit, thanks to clumsy story moments and awkward QTEs
In ACE COMBAT 8: WINGS OF THEVE, players take on the role of silent protagonist Rex, an ace pilot who racks up impressive achievements in aerial combat. However, a popular headcanon has recently been making the rounds among Japanese Ace Combat players, proposing (affectionately) that outside of the cockpit, Rex is actually a complete airhead. The idea was fueled by how the game’s interactive scenes work as well as certain moments in the story, with Rex gradually becoming the fandom’s beloved anemic baby. Note that this article discusses some details of Ace Combat 8’s main story. Ace Combat 8 is set in the franchise’s shared fictional world of Strangereal. In […]
ADHD and autism at risk of over-diagnosis, says report, as author warns of rise in mental ill health
Prof Peter Fonagy, who chaired the review, tells Radio 4's Today programme there has been a "very real" rise in "distress and mental ill health among young people".
Anthony Vaccarello Exits Saint Laurent After a Decade
The designer leaned into the glamour and sex appeal of the storied Parisian fashion house. Sales nearly tripled during his tenure before sliding in recent years.
These 10 albums have surprising ties to cults and unconventional religions
Every religion has a musical tradition no matter how small the church or strange the belief. Some of this music was recruitment propaganda, some was not. Either way, fringe faiths among musicians is not a new phenomenon.
Arc Raiders Jumps to Six-Month High Player Count With 2.0 Update and Free Weekend
Embark Studios has put in a decent amount of work maintaining and developing Arc Raiders in recent months, with the company recently announcing an upcoming co-op mode slated to launch into testing on October 13 while it continues to iterate on its anti-cheat processes and detection methods. In...
Buttigieg joins Ford at Las Vegas business to talk affordability
Nevadans are preparing to vote this fall as campaign activity increases among candidates.
Dylan Harper among starters for Spurs game against Hawks
The second-year guard came off the bench last season, but his outstanding play in the Finals might lead coach Mitch Johnson play him in a three-guard look this year.
Rhamondre Stevenson remains a limited participant
Patriots RB Rhamondre Stevenson limited for second straight practice
Maresca says 'feeling is fantastic' among Man City squad
Enzo Maresca says his players "don't care too much about the noise" surrounding Manchester City over the 115 Premier League charges.
“Boy Meets World” star Will Friedle reveals he was recently hospitalized after waking up ‘badly peeing blood’
The 50-year-old actor was recognized by a nurse, who teased him with Eric Matthews’ famous “Feeny Call.”
2027–2028 Harvard LEAD Fellowship for Promoting Women in Global Health application is now open
The LEAD Fellowship, a one-year fellowship designed to advance leadership skills among individuals from low- and middle-income countries, is now accepting applications. The program supports the continued development of leaders in global health. Deadline: November 15, 2026
Your Mental Health: A look at the rise of suicide-related teen ER visits
A troubling new study is putting a spotlight on a growing mental health crisis among children and teens.
Trump awards National Medals of Science, Technology to U.S. tech leaders
The awards went to SpaceX founder Elon Musk, Nvidia co-founder Jensen Huang and Google co-founder Sergey Brin, among others
Trump awards National Medals of Science, Technology to U.S. tech leaders
The awards went to SpaceX founder Elon Musk, Nvidia co-founder Jensen Huang and Google co-founder Sergey Brin, among others
Fresno ranks No. 40 among top U.S. industrial investment markets
Fresno ranked among California’s strongest markets for industrial real estate investment according to a recent analysis from LoopNet, ranking No. 40 nationally among 139 U.S. cities. The Fresno market received a score of 60.2. The
Florida slips two spots in CBS Sports' SEC power rankings after Week 5
Florida football fell a couple of spots in CBS Sports' SEC power rankings after Week 5 but still remains among the top five schools in the conference.
Report Examines Worsening Maternal Morbidity in Texas, How Improving Care Could Cut Medicaid Costs
There’s no doubt that the United States maternal health crisis is severe. The U.S. has the highest maternal mortality rate among high-income nations, and the Centers for Disease Control and Prevention (CDC) estimates that over 80% of pregnancy-related deaths are preventable. The situation is even worse when you account for severe maternal morbidity, which is […]
CBS Sports ranks Bijan Robinson among early MVP candidates
Falcons RB Bijan Robinson ranked among top 5 MVP candidates by CBS Sports
Yamamoto is Dodgers’ Biggest Strength in NLCS Against Brewers
Los Angeles Dodgers ace Yoshinobu Yamamoto brings his historic postseason poise and shutdown command to a critical rematch against the Milwaukee Brewers.
2 famous bands to rock out at PPL Center next year
Tickets go on sale to the general public Friday, Oct. 16 at 10 a.m.
Byron Donalds 45%, David Jolly 45%: St. Pete Polls finds the Governor's race deadlocked with four weeks to go
Both candidates gained a point since September; Jolly's lead among independents is now 17.
Missouri Jury Awards $10 Million In Marijuana Business Ownership Dispute
“We are here trying to get back the business that they stole from us.” By Rebecca Rivas, Missouri Independent A St. Louis jury awarded $10 million Tuesday to three plaintiffs in a sprawling ownership battle over six Missouri cannabis licenses involving more than 20 businesses and individuals. Over a week of testimony, jurors heard about […]
WATCH LIVE: Trump awards Elon Musk the National Medal of Science, among other awards for tech execs
WATCH LIVE: Trump awards Elon Musk the National Medal of Science, among other awards for tech execs
PepsiCo CEO Ramon Laguarta: We would not split snacks and beverage business
Ramon Laguarta, chairman and CEO at PepsiCo, joins 'Squawk on the Street' to discuss the company’s latest earnings, how consumers are faring amid high inflation, and more.
Asahi, Sapporo among brewers raided in antitrust probe
Japan’s antitrust watchdog has raided four major domestic brewers, including Asahi Group Holdings Ltd. and Sapporo Breweries Ltd., over allegations they breached the country’s antimonopoly rules…
Support for businesses taking public stances on issues drops: Gallup
Americans’ support for businesses taking public stances has dipped, according to a new poll, as many companies have curried favor with President Trump during his second term. Forty-seven perc…
Skydance CEO David Ellison: AI is going to transform every part of the business
CNBC’s David Faber and David Ellison, Skydance Chairman & CEO, and Ynon Kreiz, Skydance co-CEO, join 'Squawk Box' to discuss Paramount's $110 billion acquisition of Warner Bros. Discovery, what to expect from the new combined entity, the decision to bring Ynon Kreiz on board, future of the company's linear, streaming and movie businesses, integration of AI, and more.
What the Paramount-Warner Bros. merger means for the future of film
Paramount now owns Warner Bros., CNN, and HBO Max. FSU students explain what that means for the movies you see and the jobs they want.
Dodgers NLDS notes: Yoshinobu Yamamoto, Dave Roberts
The Dodgers beat the Braves in four games to win the National League Division Series, and have advanced to their eighth National League Championship Series in the last 11 years with Dave Roberts at the helm. But before we dig into the celebration and aftermath from Game 4, here are a few leftover notes from […]
Two Colorado defenders rank among Big 12's leading tacklers
Colorado safety Randon Fontenette and linebacker Gideon Lampron are two of the Big 12's tackle leaders heading into the Buffaloes' Week 6 bye.
Xbox Goes Beyond Games With XP, A New Entertainment Powerhouse
Microsoft has launched XP, a new Xbox division headed by Kayleen Walters that will oversee films, TV shows, consumer products, and theme parks.
What’s Boom Ball? Crazy rules, entertainment on the diamond, headed for NE Ohio
Boom Ball, a zany brand of baseball with some softball thrown in, is coming to Akron as part of a 30-city tour in 2027.
Small businesses face tough choices as health insurance costs rise
Some businesses are exploring choice arrangements, which allow employers to set a defined benefit amount rather than selecting one carrier and set of plans for all employees.
Small businesses face tough choices as health insurance costs rise
Some businesses are exploring choice arrangements, which allow employers to set a defined benefit amount rather than selecting one carrier and set of plans for all employees.
Philips Oral Healthcare establishes Global Clinical Advisory Board to help shape the future of oral care through scientific and clinical insight
Philips Sonicare establishes a Global Clinical Advisory Board of dental experts to provide scientific, clinical and strategic guidance.
Vonn surprisingly named to US alpine skiing World Cup squad
The United States ski federation has surprisingly named Lindsey Vonn for their main team for this season's alpine skiing World Cup. Vonn is among 17 athletes nominated to the US squad on Wednesday evening.
John Gillispie: Season three of 'Reacher' features clever story
Movies & More reviewer John Gillispie shares his thoughts about the third season of “Reacher,” which is “not rated,” according to the DVD box. However, because of the amount of
UA Business Spotlight: The Original Goodie Shop
If you’ve spent any time in Upper Arlington, chances are you’ve heard of The Original Goodie Shop. And if you’ve ever walked out of the bakery with a box of its famous cinnamon stick
Trump says he won't let Iran strike L.A. or San Diego: 'Not going to let that happen'
Trump told a Texas rally that the U.S. would not allow Iran to strike Los Angeles or San Diego, two days after his remarks on the subject stirred outrage among California leaders.
Who Won August and September: Original Films or Franchises?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) I just heard someone say that if you’re reading a pundit or data analyst, and they don’t tell you that they got anything wrong, they’re not a pundit but an “influencer”. I agree with that. You have to tell your audience when you get things wrong, or they won’t (or shouldn’t) trust you as much. Today, we’ve got another edition of “What I Got Right, What I Got Wrong”. In general, I’m patting myself on the back (and patting very hard) about a few things like IP at the box office, LIV golf, horror films, crowdfunding movies, superheroes, and old people going to the theaters. That said, I also made a couple of data mistakes on the streaming bubble popping and HBO’s datecdotes, so I’m not perfect. But first, I need your feedback... Subscribe Follow-Ups: What Should We Call Mid-Budget Movies Which Aren’t Cinematic Enough for Theaters But Are Too Expensive to Make Money on Streaming? After I asked for feedback on what we should call straight-to-streaming films that are too big to pencil out on streaming but not really big enough to resonate in theaters, I got some great suggestions from you all, including... “Moldilocks” from John Aboud “Little Big Indie” from Travis Frick1 “Midflicks” from Jonathan Funke. “Extra-Medium” from Jona Nwuke. (Read the explanation in the footnote.) Between these and Brandon Katz—who suggested “Bermuda Budget Triangle”, “The Platform Gap” and “The Distribution Deadzone”—we’ve got some excellent suggestions. And they’re better than my suggestion, the “Streaming Budget Dead Zone”, so let’s take a poll! The winning entry becomes the new term. Loading... RIGHT: LIV Golf is Fully Bankrupt…Is Anyone Else Next? A few years ago, I was always a bit perplexed at all the articles I’d read praising LIV Golf and their strategy to disrupt the PGA. LIV Golf, a brand new professional golf league, offered PGA stars ten times what they made on the PGA Tour to join their new league. And folks praised this strategy for its initial “success” in that a lot of big names did indeed leave the PGA. Yeah, of course the players came over. LIV Golf paid them so, so, so much more! But LIV Golf hadn’t discovered a way to increase potential revenue. So think about this in basic business terms… They paid much more in costs… …but had no real way to increase revenue. That’s not a strategy! That’s deficit financing. It won’t work unless you bankrupt the competition (and then turn around and pay those same golfers much, much less). It’s not a sustainable strategy and only lasts as long as the company/person/nation backing it decides they’re cool with losing money. For LIV Golf, that meant Middle East oil wealth, in particular Saudi Arabian money. Clearly, the current Iran War has hurt Middle East finances, so they need to trim their more exorbitant spending. And LIV Golf was part of that trimming. This should be a major warning for others. TGL’s parent company, TMRW Sports, just got a $1 billion valuation, despite TGL’s (the indoor golf league) horrible TV viewership of less than half a million viewers per match. Unrivaled, the women’s basketball league, just secured a $650 valuation, despite its horrible TV viewership and a new rival (Project B) entering the scene next year. To relate this to streaming, Hollywood should ask which streamers may have wealthy patrons funding their losses. (Let’s be clear: Google, Amazon and Apple.) Could those patrons lose their appetite? For Amazon, probably not. But Apple has a new boss, so maybe! WRONG: My Analysis of the Streaming Bubble Was Missing a Week I’m going to be congratulating myself a lot today, but I make mistakes too, like this data goof. When I last compiled the data on the decline in TV shows, I was missing one week at the end of June. If you look at the first image, you can see that one week was mislabelled as “July”. Mainly, this image got updated to show a 27% decline, not 29%: This change doesn’t really impact the overall analysis, but it is two percent better. By the way, through the third quarter, the decline increased and it’s now a 30% decrease since 2022. (I’ll write/visualize this in an upcoming article.) But I want you to trust me and my data. Especially these days, when many people are using LLMs that I know are inserting faulty data into their charts, I want to keep earning my audience’s faith. So that’s the accurate data. RIGHT: IP Remains Very, Very Popular In July, I wrote a giant (and I mean giant) article on Backrooms, Obsession, and the box office, going over what we know, what we don’t know about what works in theaters, looking at YouTubers, IP, the horror genre, comic book movies, and a whole lot more. The month of August really tested a lot of my theses and, being honest, mostly supported my arguments. Let’s start with IP. Looking at 8-Aug (the weekend after Spider-Man: Brand New Day came out) to 18-Sep (the weekend that Resident Evil came out, which I think provides a nice bookend to this time period), there were seven films based on pre-existing IP: Resident Evil (2026) ($126 million) Practical Magic 2 ($65 million) _Insidious: Out of the Furthe_r ($65 million) Coyote Vs. Acme ($59 million) Paw Patrol: The Dino Movie ($53 million) Tony ($15 million) Super Troopers 3 ($7 million) Compare those to the notable original films from the past month—I actually could have included more movies, but here are just thirteen, bringing us to an even twenty films—including.... The End of Oak Street ($54 million) Buddy ($26 million) Mutiny ($15 million) By Any Means ($15 million) The Dog Stars ($14 million) Runner ($14 million) One Night Only ($11 million) Hope ($8 million) Spa Weekend ($7 million) The Uprising ($6 million) Teenage Sex and Death at Camp Miasma ($6 million) Onslaught ($3 million) Eli Roth’s Ice Cream Man ($2.8 million) Here’s that in chart form: Five of the top six films in this time period were all based on IP. I made a big chart of films that grossed over $200 million at the box office before Spider-Man: Brand New Day and The Odyssey hit theaters. Let’s update that chart! By the way, if you want to see how I categorized each film—so another bar chart—here it is: I know that many of my fellow critics/pundits/analysts dislike films based on IP and how Hollywood is making so many of them. And I’m sympathetic to this point of view. As I’ve written many, many times before, you need a balance between existing franchises, new IP, and original films. And Hollywood clearly needs to make more films like Resident Evil (a well-made film from a visionary director) and fewer Practical Magic 2’s (which didn’t get critical or customer buzz). But at some point, critics and pundits need to contend with what audiences are telling them: Movie-goers aren’t showing up to original films. Audiences are speaking with their dollars, telling you they want more IP and franchises. You can try to convince studio heads to make fewer IP-based films and franchises, but the data and numbers aren’t there. Instead, critics need to work harder to convince audiences to show up for original films. Aim your ire/concern at the average person, not studio heads.2 Because they’re just making the films that audiences are telling them to make. WRONG: Original Horror Films Didn’t Break Out I’ll be honest, even though I wrote an article casting some skepticism on the horror genre in July, if you asked me to make a prediction, I would have predicted that, in August, a new, original horror film would have blown up. No, seriously, I just assumed that Obsession and Backrooms presaged a change in audience behavior. But none of the buzzy new original horror films from August—Teenage Sex and Death at Camp Miasma, Onslaught (not an action film in spite of the ads), The End of Oak Street, Eli Roth’s Ice Cream Man, or _Buddy—_broke out. To be clear, exactly one of those films (Buddy) had good “ROI”, but again—I try to be specific in my language—none were “popular” in any broad sense of the word. None of them will be “saving” movies theaters like Backrooms or _Obsession_helped save the summer. The new Insidious film and Resident Evil, both based on IP, were far and away the biggest horror films since July. (We’ll see if this changes in October/Halloween season.) RIGHT: Stay Skeptical about Crowdfunding... I’ve long been skeptical about crowd-investing platforms as one of Hollywood’s saviors, mainly because there’s so much hype/buzz. People need to stay more skeptical about more things, explaining both the potential upside but also the downsides. In particular, the media often hypes crowdfunding at the start and never checks in on the actual results after they’ve come in later. And August gave us our first update! _Ice Cream Man—_directed by Eli Roth—grossed $6 million off of a $5.5 million budget. This is a production of The Horror Section, which was one of the first “crowd investing” studios with 2,400 investors, which means that 2,400 investors probably lost money. They certainly aren’t getting as great of returns as if they had just invested their dollars in the stock market. Hopefully Stiletto (Tagline: “Someone’s Going to Make it Rain Blood!”) does better next month. WRONG: Another Data Goof Here’s another data error. When the first episode of House of the Dragon came out, HBO put out that it had 21.5 million viewers in the first three days, and I read that to mean in the US…but no, it was global. So my US-only datecdotes charts shouldn’t have included it. We never got US-only numbers for the first episode, but for the final episode, HBO put out that it had 11 million US viewers. (And that global dropped to 21 million viewers.) Here’s the updated chart (which I’ve since used in the Streaming Ratings Report): Still, this show is absolutely huge. RIGHT: Superhero Films Remain Very, Very Popular After Supergirl flopped, I read a few takes that “comic book movies are going the way of the Western”. Post-Spider-Man: Brand New Day, that take didn’t age well. To be fair, I have a very nuanced take on the superhero genre right now; it’s down right now, for a lot of reasons. But it’s not “dead”. Maybe _Spider-_Man is just a really popular character? I saw that take, and it’s a fair counter-argument. (But pundits arguing that superhero movies were dead should have mentioned this $1.5 billion counter-argument…) But is it just Spider-Man? The next Avengers film already has $50 million in pre-sales (and I was skeptical that that film would do well) and the Avengers: End Game re-release topped the box office two weekends ago (over three original films). And I wouldn’t bet against Batman or Superman. So maybe it’s just Spider-Man, Batman, Superman and the Avengers. Oh, and Deadpool, of course. And Black Panther. And Wolverine. And probably the X-Men. Plus a well-made Wonder Woman or the Hulk film could break out. But that’s it! It’s just those ten characters/teams. Oh, what’s that? Lanterns is also doing well on HBO? (See previous section…) To be fair, I’m actually pretty sympathetic to the argument that more popular characters—like Spider-Man and Batman—anchor more popular films. In fact, I made that exact argument three years ago when I first wrote about the “Marvel-cession”. In many ways, you can blame The Guardians of the Galaxy for fooling Marvel Studios (and the rest of us) into believing that any character could pop. It turns out, the list of iconic characters is probably smaller than most people think. But it’s probably too early to say that superhero films and comic book movies are dead unless “death” means a slight decline over a longtime. RIGHT: Who Killed Theaters? Old People I get frustrated whenever I see headlines or analysis about how young people are “returning” to theaters. As I’ve detailed(for years), young people have always powered the US box office, despite narratives about “kids these days” and their “phones”. Really, what’s changed post-2020/pandemic is that old people aren’t going to the movies nearly as much. This summer, I saw a movie (from an older director) in a theater near a retirement community, and multiple older people at the theater were talking about how this was their first time seeing a movie in years. I dislike personal anecdotes, so YouGov can fill in the data, best summarized by this headline: “Who killed movie theaters? Not the youths”. According to them, 64% of people aged 18-29 have seen a movie in the last year, but only 30% of 65-and-older. 20% of 18-29 have seen a movie in theaters in the last week and 42% in the last month. Here’s the polling data: Most concerning? Many Americans (17%) think theaters are a worse or much worse experience than watching films at home. Slight WRONG: Hadestown Opens Big A live theater capture of the Broadway musical, Hadestown, made $20 million at the US box office, which begs the question: was I wrong to be skeptical about musicals a few years ago? Yes and no. On the one hand, $20 million is a far cry from being “popular”, so yeah, the genre isn’t that popular overall and Hadestown is one of the more popular musicals from recent years (i.e. the “Taylor Swift Data Fallacy” in action). On the other, I doubt filming this cost all that much, and I don’t think that they spent much on marketing, so this is a good source of ancillary revenue. Smaller Updates WRONG: As I mentioned in a Streaming Ratings Report, I underestimated the budget for Enola Holmes 3. It probably cost more like $50 million, if not more. But... I’m not sure that it really matters? At sub-10 million hours, prices have to come down to make this work. WRONG: Netflix is giving Ink a 27-day in theaters! To quote the kids/YouTubers these days, let’s go! Now I might actually have a chance to see Danny Boyle’s latest in theaters. I’d complained about this in a “Coming Soon” section, but I was heartened to read that Netflix is giving multiple films longer theatrical windows this year. RIGHT: Netflix is sending 4-5 films per year to theaters. Netflix is slowly but surely sending more and more films to theaters, as I cautiously predicted earlier this year. For now, it’s just three big films and a number of awards contenders, but still, this is great news. And they’ll be releasing box office grosses! Just this week, Ted Sarandos confirmed that KPop Demon Hunters 2 will come to theaters (and my guess is it performs in the box office top ten at a minimum). WRONG: Angel has 3 million subscribers! How do I know this? Well, they told Deadline, who reported it. I marked this as “wrong”, since they’ve doubled their subscribers in one year but, you know, they don’t really have a hit film to speak of and they’re still losing money. WRONG: Furious was only renewed for one more season. I accidentally wrote “two more seasons” in my latest “Renewals, Cancellations, Un-Orders and Removals Update”. RIGHT: House of David is ending with its third season. In July, Prime Video renewed House of David for a third season, as I just wrote in my latest “Renewals and Cancellations” report. Well, now it’s ending after that third season. Why? As I’ve been writing, its viewership wasn’t great. I got feedback that this show didn’t cost very much, but it cost enough that its limited viewership didn’t save it. WRONG: Adults was a Hulu original! So I missed Adults when it first came out last year; I saw that it aired on FX and just assumed that it was a linear-first program. Turns out, it aired three episodes on FX, but binge-released the rest of its episodes the next day on Hulu. Huh. So I should have covered it last year! But I just wrote about it. 1 “When I was a kid in the 90s, if you wore a t-shirt to school that wasn’t too big and also wasn’t too small, but somehow didn’t quite fit, we’d say you were wearing an “extra-medium” shirt.” 2 As always, a huge exception is Disney, which barely makes anything original anymore.
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