Posted on 03/27/2017 11:50:57 AM PDT by drewh
The Los Angles Times‘ Ryan Faughnder reports that the traditional Hollywood film business faces several key challenges as a by-product of disruptive technology and changing distribution methods, resulting in a high level of executive turnover at the major studios as the industry attempts to adapt to evolving consumer tastes.
From the outside, Hollywood looks like a thriving town with massive blockbusters and growing box-office revenue. But pull back the curtain and the legacy movie business is under siege, contributing to the highest level of executive churn in years.
Three of the six major studios — Paramount, Sony and Fox — have removed or replaced their top executives in the last year. Jim Gianopulos, the longtime head of the 20th Century Fox movie studio, lost his job. Paramount Pictures Chairman Brad Grey was pushed out. Michael Lynton resigned last month as chief executive of Sony Pictures Entertainment. Warner Bros., Walt Disney Co. and Lionsgate have also made high-level changes.
The management shake-ups signal wider challenges in the movie business amid fast changing viewer habits. Consumers are going to the multiplex less often and gravitating more to premium television, streaming services and video games. The media companies that own the studios also are grappling with shrinking cable subscriptions as more consumers cut the cord.
Mid-budget movies in particular have been a casualty of the see-it-now-or-see-it-never marketplace. Warner Bros.’ “Live By Night,” a gangster movie starring and directed by Ben Affleck, this year grossed a pitiful $10 million domestically on a $65-million production budget. A similar fate befell Brad Pitt’s World War II drama “Allied,” a project that Grey touted in presentations to film journalists.
(Excerpt) Read more at breitbart.com ...
Hollywood makes crappy movies.
Most are remakes/retreads.
No one wants to spend $15 for a movie ticket.
No one wants to spend $12 for a small coke and small popcorn that cost the theater 75 cents to make.
No one wants to spend 20 minutes plus sitting through commercials and promos before the movie even starts.
No one wants to watch a movie that is 80% CGI, has crappy acting and no plot.
“resulting in a high level of executive turnover at the major studios as the industry attempts to adapt to evolving consumer tastes.”
In other words, highly-paid Secular Progressive Jews “offing” each other trying to keep their chairs.
Not the films that THE PEOPLE want to see, with rare exceptions American Sniper etc.
Korea is now making both better movies and better TV than the U.S.
Computerized movies with un-American, pompous, windbag, self-righteous actors and extremely expensive ticket prices.
What could possibly be the problem?.....................
Sums it up for me.
Back in the days of the big studios stables and contracts, actors were told to keep their mouths shut for a reason....................
Last time I was in a theater was “Ironman”...2008
What if I made movies that said Hollywood Executives were genocidal Maniacs whose every material accomplishment was the product of thievery..?
What is my movie showed that the smallpox blankets distributed to American Indians was actually perpetrated by TV writers in Burbank..?
What if for every murderer revealed at the end was some TV producer would those Hollywood people want to see my movies..?
What if I made movies that said Hollywood Executives were genocidal Maniacs whose every material accomplishment was the product of thievery..?
What is my movie showed that the smallpox blankets distributed to American Indians was actually perpetrated by TV writers in Burbank..?
What if for every murderer revealed at the end was some TV producer would those Hollywood people want to see my movies..?
Exactly right.
Of late, many big stars threatened to go on strike indefinitely because Trump was elected.
Never dawned on them that most of the other several hundred (thousand?) people in the credits depend on them for paycheck-to-paycheck survival.
Some of those low-credits people might just realize that a RED camera doesn’t cost all that much after all...
Yep, pretty much know I watch KDramas.
Video games don’t typically wag their fingers at your way of life and your political preferences, that’s why.
The trader on Varney this morning said of movie attendance: why spend all that money to fall asleep halfway through when you do the same at home for free.
K-pop is even better than some of the dredge on our charts right now....
How does one get movies for free at home?
Don’t forget this important fact: going to the movies these days is not fun.
between people talking, kicking seats, ‘ youts ‘, yelling, endless numbers of people on their phone texting - it’s just not an enjoyable experience.
Most of the films I go to see have been in the theater awhile and involve either older actors or the subject is history. Audience is pretty well behaved.
There isn’t any doubt in my mind that seeing a movie in a large group setting is a special and unique enough experience that NOTHING can obviate it. The trouble is tHE PEOPLE making the movies today seem to be weird, crazy or stupid or simply lacking Talent. They seem to have narrowed their audience demographic ridiculously.
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