Posted on 03/14/2017 12:59:06 PM PDT by drewh
Hollywood studios could be in for another year of big-budget bombs and increased volatility around mid-budget releases, film industry analyst Doug Creutz warned in a report this week.
As he has been warning for years, the Cowen and Co. media analyst said that film studios increasing reliance on tentpoles and superhero movies will contribute to a decline in per-picture box office grosses in 2017, making what once seemed like sure-fire bets on big-budget flicks a decidedly risky enterprise.
According to Deadline, Creutz says the film industry in 2017 will be at least as difficult as it was in 2016, when operating profits at the major studios fell 14.6 percent, even as total box office receipts inched up 2.2 percent over 2015 numbers.
That increase was due largely to inflation and the increasing cost of movie tickets, the analyst warned. And Disney with its stable of established franchise properties like Star Wars and Marvel films reportedly captured the lions share of the haul with a staggering 60.5 percent of the industrys $4.18 billion in total operating profits.
Creutz noted that nearly three-dozen upcoming releases from major studios this year boast budgets north of $100 million, and predicted Fox and Paramount could struggle the most with offerings like War for the Planet of the Apes and Transformers: The Last Knight, respectively. He added that Disney would likely continue its dominance with a new Star Wars film and the Guardians of the Galaxy sequel, while Warner Bros. could see success with Wonder Woman, Justice League and Christopher Nolans World War II epic Dunkirk.
The Cowen and Co. analyst has expressed skepticism for years about the major studios shift toward pursuing similar release strategies, or what he described as putting more and more eggs in the franchise picture basket.
(Excerpt) Read more at breitbart.com ...
Once again because they are not making the movies you want to see. They are making the movies that THEY think you OUGHT to want to see.
Well yeah. There’s always some bombs, 400 movies a year, they can’t all be winners.
It’s the LGBT pandering garbage films they make then wonder why they bomb.
notice how the article skips right over the pr disaster of feminist homosexual beauty and the beast.
More CGI comic book crap that appeals to men with the emotional maturity of age 12, and more LGBT sexual perversion propaganda.
A lot of people don’t know Steve Rogers and Bucky Barnes are lovers in real life. Google it.
Hollywood bet 100% of the farm HRC would win, and all the films this year will continue to testify to that, like Ms. Sloane and B&tB.
I’m interested to see how the Beauty and the Beast box office does.
I hope it’s next to zero.
Hollywood has been playing this game of using ticket sales. At first glance it seems movies are making money like never before. But once you adjust them for inflation, and consider there are twice as many people on the planet since Gone With The Wind, the numbers are really quite abysmal.
yep, even DC is hedging its bets with ‘only’ a 100 million budget for Wonder Woman, while Suicide Squad was budgeted at 170...
The public will get tired of the ‘superhero’ genre eventually.
The Hollywood cycle of boom and bust is nothing new..............
Where are the numbers for Beauty and the Beast from this past week-end?
I think these days they're making the movies they believe a billion Chinese want to see.
I don’t think it’s been released yet, has it?
Disney has bet the ranch on Beauty and the Beast. they need the homosexual demos to offset the fact that no heterosexual male is going to the flick willingly...
I don’t know who they are.
I’ve gotta say that we find there is less and less worth renting these days. We haven’t done a theater for quite a while. No point. Better sound and good picture at home, and no traffic, etc. It’s a win/win.
I have noticed a number of projects, like the gun control movie out last December, or the ABC Gay series, We Will Rise”, that have been put out. Almost all of these projects have bombed and bombed big. It's like Hollywood and the Agenda driven were going to Cram it Down the Throats of Fly Over Country no matter what.
Well the worm turned and Trump was elected and now Fly Over country is handing Hollywood it's ASS on a platter with their crummy offerings. They will be showing Big Losses on a great many of their projects. Karma is a Bitch Ain't It?????
Just checked on the Box Office, and they are predicting massive Box Office this weekend.
We’ll see about that.
They’re pushing this (Box Office) image for all it’s worth.
Either it’s desperation time, or it will sell no matter what since it’s Disney.
Whatever drives them out of business the fastest.
Google Chris Evans Sebastian Stan kiss. Don’t want to mess up anybody’s dinner appetite.
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