Hollywood Analyst Warns: ‘Big-Budget Studio Bombs’ Coming To Movie Theaters In 2017

Breitbart News ^ | March 14 2017 | Daniel Nussbaum

[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 lion’s share of the haul with a staggering 60.5 percent of the industry’s $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 Nolan’s 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.”

[Vlad The Inhaler]

#45 Those old people look to have had too much work done to look young. It is like looking at an alien who has a mask on....

If they are smart enough to instruct us on who to vote for and how the country should be governed why aren't they smart enough to figure out that their 15 minutes of fame was up about 30 or 40 years ago?

.

[Vlad The Inhaler]

Re: Post 82

There is something abnormal with these two guys !!!

[minnesota_bound]

The celebs have a lot of money to get the best doctors but they somehow find the worst plastic surgeons.

[commish]

The sad thing about Beauty and the Beast is that it looks to be a beautifully filmed movie that is very true to the animated version. it has everything it needs to be a true all-time classic.

And that has all been completely undone by one psychotic LOOK AT ME LOOK AT ME SJW with a God complex and 3 seconds of film.

if the nitwit had just kept his mouth shut he would have had a blockbuster success on his resume.

[Sam Gamgee]

Yes, I believe in the 1950s a young man would go see serials at the box office, maybe going to the theater 3 times a week.

[xp38]

Not around here but great for you then where you are.

[mowowie]

The dregs of society makes the Drive-In experience non profitable.
Imagine the police detail one would need...

[Mariner]

I often go to the drive in in Sacramento.

Of course I carry a gun, but have never seen a cop or a violent incident.

Have not read about one either.

I guess it’s too far from the ghetto.

[longfellow]

That comic book crap is the only thing that is still American in movies today.
Captain America telling black widow that there is only one God. Or not significantly get onto the United nations.

Call it crap if you want but they are this generations stories of Greek gods.and they are more original than the shit Hollywood’s putting out.