Studios stumble through a tough year
By Anne ThompsonReuters
"Just when Hollywood thinks it has figured out the winning formula -- build costly tentpoles and cram them down the throats of the masses with millions of ad dollars -- it's way past time to come up with a new approach. The studios don't have a simple solution for what's happening. The summer slump was supposed to be counteracted by the year-end studio juggernauts " Harry Potter and the Goblet of Fire" and Peter Jackson's "King Kong." But 2005 box office still declined from that of 2004 by more than 5%."
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From the producer:
I know I've posted a series of anti-studio rants in recent weeks, but this is just as reflective of the realization of same by the media at large. All signs point to change in the very near future. The big Hollywood model hasn't found a way to adapt to the onslaught of new challengers from multiple media sources. The viewing audience has more options and is more educated than ever before. Movies now have to compete with Internet and cellular programming, cable on-demand, countless electronic games, and - yes, even blogging.
This is not to mention traditional threats from sporting, music, and theatrical events.
You've got to give viewers a reason to see your movie because it's easier than ever to find alternate entertainment.
posted by The Hanged Man @ 7:11 PM
3 comments
3 Comments:
Hollywood has run out ideas.
So, they are now left with their own cliches.
I can help Hollywood.
Hollywood needs new blood.
I have the scripts to turn Hollywood around.
Mr Hopper, if you would like another link to your blog, send me a pic of your bellybutton and I will post it and link back to you. Put some starbox merchandise into the pic too if you think that will help.
Cinema, as it stands, will probably be on its last legs in about 10 years ( pick the bones out of that cliché). But with the increasing popularity and ease of high definition digital technology, people can experience a movie without having to put up with spotty adolescents shouting throughout a picture and people talking on their mobile phones. More independent productions will arise and be watched through the internet as connections get faster and with the new capabilities of technologies such as X-Box they can compete head to head with any major production coming from the big studios. Whether this is good or bad, I hold my peace and keep my gob zipped until I see which way the wind blows ( heck! I`m clichéd out today)
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