On the extinction of original blockbuster movies
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I've been bitching about this since TNCR had a blue background.
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Without the chart for movies, I don't think he has a compelling thesis. Regarding movies, I would be curious to know the correlation between budget and revenue, and how that has changed over the decades. Studios are making bigger bets these days, and want lower risk on their returns. Add in the fact that movies are partially tech demos now, tech that costs lots of money to produce. If you're going to pay for a glorified tech demo, you want the glorification to be top notch too, which means all the most talented and highest priced writers, actors, directors, composers, etc. As they say, if Beethoven were alive today, he'd be writing movie scores. And he'd be writing scores for mega productions like these sequels.
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Without the chart for movies, I don't think he has a compelling thesis. Regarding movies, I would be curious to know the correlation between budget and revenue, and how that has changed over the decades. Studios are making bigger bets these days, and want lower risk on their returns. Add in the fact that movies are partially tech demos now, tech that costs lots of money to produce. If you're going to pay for a glorified tech demo, you want the glorification to be top notch too, which means all the most talented and highest priced writers, actors, directors, composers, etc. As they say, if Beethoven were alive today, he'd be writing movie scores. And he'd be writing scores for mega productions like these sequels.
@Horace said in On the extinction of original blockbuster movies:
Studios are making bigger bets these days, and want lower risk on their returns.
I think this is the main reason. MOvie studio will want something that is proven and are afraid to take chances.
On a somewhat related note (at least it is related to movies), China wanted Sony to remove the Statue of Liberty from the latest Spiderman movie. Sony refused, so Chinese did not allow the movie to be shown in China. For the previous two Spider man movies, 15-20% of revenue for the movie came from China, so it was a pretty big decision to refuse China.
