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Friends In Your Head | Forums → Off Topic → Damn, Hollywood.
Well, based off that article I just bought her book. So I'm doing my part for that revenue stream at least...
I hope it all burns down, and we get a 70s style resurgence of low-budget creative projects.
Also, I call bullshit on a lot of that article. She talks about DVD sell-through as the holy-grail, except that Hollywood was doing just fine for 60 years before home-media was even a thing to be thinking about, so it seems weird as a crux for the collapse of everything. I suppose that combined with dropping theatrical attendance would do the trick, but she does a poor job of making that clear if that's her point. Also, I think the studios could absolutely get a good chunk of those revenues back via internet distribution if they got their act together and offered proper online distribution world-wide (instead of just the US) at reasonable prices.
It just blows my mind, EVERYTHING about making and distributing movies is easier and cheaper than it has been at any other point in history, yet the studios are terrified, and somehow spending and losing hundreds of millions of dollars on overblown tent-poles. If Shane Carruth can make a movie for 50 grand, do practically same-day self-distribution theatrically and online, and make a pretty big profit, there's no reason others can't follow.
What this tells me really, is that the studios are horribly mis-managed, with people who don't know what they're doing that are pissing the money away, and that deserve to collapse.
Also, back 60 years ago, didn't the film studios also own their theaters? Or something like that.
Anyways, totally with Keanu here.
Funny, I was about to make the same point. The Videogame industry has basically gone through the exact same thing as hollywood, but on an accelerated time-scale of about 15 years. Numerous video-game studios and publishers have gone out of business the last 5 years, and its gotten to the point that the only ones still around are either tiny indie game companies or massive studios making AAA titles for hundreds of millions of dollars. The budgets are definitely getting up there in the 150-200 million dollar range for many of these games now, and they face the same all or nothing problem, hence mostly game sequels to successful properties, or reboots of older titles.
In fact, I think the videogame industry may be a sign of what's to come for movies, because the last 3 years have seen a revolution in self-financing, crowd-funding, and digital distribution that have led to a huge resurgence and success for small indie-games. I wouldn't be surprised to see the film industry in a similar place in 10 years, with small production companies making content directly for web distributors like Netflix, or their own distribution channels.
Holy shit. Without physical, they can't forecast sales?
The digital consumption metrics must be massively different, and with the speed of change there must be no solid historical data to use as a base for future projections. You've mentioned long-tail in the past, this indicates that doesn't really exist as we knew it any more.
Talk about watching the industry burn doesn't help - it's a business, profit is king. There must be some serious negotiation with Apple, Microsoft, and Sony about delivering content in to the home to try and rebuild reliable income streams. Netflix provides too much choice to the consumer for basically no risk to them - they don't need to decide between buying that film they know they like, and something they've never heard of - just watch both.
Video games may crash first, simply because of the high costs to consumers. Studios are pushing out unfinished games, and consumers are getting pissed. A movie you can throw money at to finish quickly. Games, apparently, you can't. I'm not a big gamer, but the turkey that was Dragon Age 2 really got me angry. Take years to develop an incredibly deep game, then rush out a sequel that is incredibly incomplete (not to mention makes the actions of the first game pointless. Don't promise actions will matter if following through will be impossible).
Add to that the whole preorder system, and another crash probably is in the offering.
it doesn't make good business to go with just a break-even mentality. Movies are a product and all products need to make the business a profit. If I put in a million dollars, and I only get that same million back, what's the point of doing business?
At which point film moves to becoming art, surrendering the mass market business part to TV. People making movies to make movies, and if one turns a profit as opposed to just paying for itself, great!
Cinemas will be known as 'Mannies' by 2020, as in 'want to go to the mannies'?. 'cos they'll only be showing Bat MAN, Spider MAN, Super MAN, Iron MAN, etc.
And it'll be hard to remember which sequel of which reboot we're up to.
Then DC and Marvel will merge their franchises in the great singularity event of 2024.
Avengers of Steel Caribbean Hobbits and Furious IV: The Kitchen Sinkening
featuring Twilight Sparkle as Spiderman. Special appearance by Hologram Ian MacKellen
You just know they'll end up making that Expendables-style team-up action movie starring digital versions of dead classic-era Hollywood actors, the one George Lucas was threatening to do for awhile. Orson Welles IS Batman, Cary Grant IS Superman, and....introducing Robert Downey Sr as Iron Man
cut twilight sparkle trey and i'm in. She just makes me sad now
Aliens versus Jedis versus Superheroes versus The Enterprise versus Wizards versus Expendables versus Transformers versus Vampires versus Zombies versus Mutants versus Werewolves versus Dinosaurs versus James Bond versus everything that came out of the evelators in Cabin in the Woods versus The Tea Party versus Samuel L Jackson's cussing versus Ryan versus Dorkman versus Your Mom
Friends In Your Head | Forums → Off Topic → Damn, Hollywood.
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