Posted on 01/24/2006 12:38:35 PM PST by Millee
This is a make-or-break year for Hollywood.
“One down year is an anomaly, but two could be a trend,” said Paul Dergarabedian, president of box office-tracking firm Exhibitor Relations Co. “This year is really a turning point.”
Keenly aware of the 7% drop in movie attendance in 2005, studio executives are pinning their hopes on a better slate of films to draw consumers back to the multiplex. But industry watchers say the business has more far-reaching problems that a few good films can’t necessarily fix as in-control consumers turn to entertainment alternatives like Netflix, the Internet and on-demand programming.
Box office down With box office down and costs up -- the average Hollywood film now costs about $65 million to produce and another $35 million for prints and advertising—this could well be a watershed year as executives are forced to rethink some of the traditional tenets of the business. Among them: cinemas getting first crack at releases; top acting talent getting sweetheart deals; and rethinking the hallowed concept of tent-pole movies.
Moreover, pundits predict that studio marketing dollars will continue to migrate away from TV and toward the Internet, grassroots events and guerrilla marketing.
(Excerpt) Read more at adage.com ...
I heard Tristan and Isolde was the new Titanic. I know a bunch of 20 year-old college students who've seen it over 4 times each.
Well, Bo was a damn fine horse!
I can't remember the last movie that really made me cry, besides The Passion.
That will be interesting as a strategy. The issue I see is that DVD releases tend to allow for another round of hype for a flick and boost downstream revenues.
But if the product is bad anyway, it shouldn't matter....
Ah, another sentimental slob, I see. :)
My guess is Hollywood is making more than ever between:
* domestic box office
* foreign box office
* merchandising
* DVDs
* selling rights for pay-per-view
* selling rights for cable movie channels (HBO, Cinemax, etc)
* and the huge money-maker no one talks about - selling rights to cable & network TV
Hollywood losing money? Not a chance.
Not unless you got me drunk in the middle of the night and flew me to Vegas...unbeknownst to me ;-)
Have you watched "The Sisterhood of the Traveling Pants"?
Lucky Ned Pepper, scar on his upper lip where I shot him.
What was you aiming for?
His lower lip!
the number of pervs out there to go see that crap are not so many that the creeps on the left coast can continue to make a killing for very long
unless of course they can have the public edu/dumb-u-cation system require viewing of such twaddle as necessary for graduation...
I try not to watch tear-jerkers if I can help it.
I usually ask "What's the ending like?" and if they say "Well, it does make you cry at the end, but it's a great movie" I won't watch it.
Rather watch "The Incredibles" for the 34985th time ;)
At home,
On my sofa,
With my fridge, remote and bathroom close by.
Porno??? ;o)
We've come near about 50 mile since McAllister.
We're right close to Ned Pepper's camp.
Tomorrow, we'll take him!
no, my daughters have. Should I?
I saw that movie...I liked it.
What!
LOL!
I think you've been around Laz, a little too much.
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