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 agree
They couldn't make crummy movie after crummy movie and still be in business with out all those other outlets.
Yep!
It's a really good movie.
And that's pronounced 'burry' as opposed to 'berry'.
Exactly. What this article is actually about is a make or break year for theaters.
If you have a use for buildings with multiple medium-sized halls with angled floors, you may be able to buy a lot of real estate cheap in the coming few years.
With my fridge, remote, wine and bathroom close by.
I think we may all need lives - LOL!
Geez, I'm going to have to watch it tonight.....
Fave John Wayne flicks: Just about any Western by John Ford, and THE QUIET MAN too.
I think it's worth it.
There will always be theaters but they're obviously suffering from people preferring the stay-at-home experience.
And why not? As referenced on this thread, home entertainment (widescreen TVs, stereo sound, comfy chairs, etc) appears to be a big market.
It certainly appears that way judging from Best Buy, etc newspaper ads.
Putting it in my queue
thanks for the tip..it caught my eye but wasn't sure about it
Could be, who knows?
I'd like to see statesmen like Mel Gibson who defy the odds come out of 2006 POWERFUL!
I love my electronic gizmos!
Yes, not a "guy" movie, but I liked it.
Oh, OK. You got me.
anyone see "Closer?"
It is NOT a family movie, and some will call it trash. Nonetheless, I was struck by the anger, the intenseness, and the sheer selfishness of human behavior.
No, haven't seen it. I react to Julia Roberts the way Dracula reacts to a mirror.
Nope, I haven't seen it.
this is not a feel good movie making Julia Roberts out to be the girl next door.
And, it has an interesting internet chat situation.
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