This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Can Fox to Breathe Life into 'Grease'?

Stocks in this article: FOXA CMCSA

The college campus, cruising cars, the good-girl and the not-so-good-but-drop dead-charming bad man who captured the millions of hearts will soon return. That was Grease, the musical that debuted on Broadway in 1972, and was later released in theaters in 1978 to astounding success. 21st Century Fox  (FOXA) will air a remake sometime in 2015.

This time around, the original heartthrob John Travolta won't be leading the cast, nor will the demure Olivia Newton-John be around to charm audiences. Rather, the show on Fox's  networks will be a live musical series, with cast ensemble yet to be finalized. The show will be titled Grease: Live.

A show of this nature might have been expected, especially after Comcast's (CMCSA) NBCUniversal brought the hills alive with its successful adaptation last year of The Sound of Music starring Carrie Underwood. Viewers of Music reached 18.5 million, a formidable tentpole. After that success, NBC decided not to repeat the pattern of this show for the risk of losing the 'exclusive' advantage.

A few months after Music, Fox apparently started to calculate its own chances of creating something similar. What could be better than Grease? The film still sends chills down the spine of those who watched it in 1970s.

This could be a dealmaker or breaker for Fox Broadcasting. As storylines go, Grease doesn't have the heft of the  Sound of Music, a story about a family's flight from Nazi Germany behind the will of a free-thinking woman. Grease, by contrast is so cheesy that unless it's remade for the modern audience stands all chances of exploding like an ultra-sweet chocolate cake. 

There have been times when Fox has lost out on its viewership over some bad choices and miscalculated decisions regarding the shows. The time is now just right to test the waters, since a television viewer today has more hunger for innovation than did five years ago.

No matter how much the networks spend on promotion and marketing, unless the show is solid, then nothing can save the ratings. Fox, the pressure is on you.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

At the time of publication, the author held no positions in any of the stocks mentioned, although positions may change at any time.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs