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Hollywood Analyst Warns: ‘Big-Budget Studio Bombs’ Coming To Movie Theaters In 2017
Breitbart News ^ | March 14 2017 | Daniel Nussbaum

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 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.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: California
KEYWORDS: inconsequencial; vanity; yawn
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To: Lee Enfield

If a historical event happened and there is absolutely no racial angle to it then did it really happen?


61 posted on 03/14/2017 2:31:21 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Dexter Morgan
Funny, my wife and I are opposite. Still rarely go to movies (for us adults) as just too hard with 4 children.

I admit, being a graphic novel fan, I love all the Xmen, Avengers movies.

62 posted on 03/14/2017 2:34:34 PM PDT by Sam Gamgee
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To: drewh

This same article has been written for 20 years. It just gets reworded. Hollywood had a record box office in 2016, so I’m sure the studios are hoping 2017 is just like 2016.


63 posted on 03/14/2017 2:34:34 PM PDT by Dave W
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To: central_va

Was possible when I got my degree, but that was decades ago, they may have revised the study of history downward since then.


64 posted on 03/14/2017 2:40:16 PM PDT by Lee Enfield (Liberate East Prussia)
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To: bert

There’s another site that has a better system.


65 posted on 03/14/2017 2:42:33 PM PDT by raybbr (That progressive bumper sticker on your car might just as well say, "Yes, I'm THAT stupid!")
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To: Celtic Conservative

the mouse house has to pay off all of ESPN’s losses! they basically ruined all the sportcenters, except for the red eye hours...next up we will have to pay for extra baseball stats


66 posted on 03/14/2017 2:43:20 PM PDT by drewh (>)
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To: Sam Gamgee
The number of tickets sold does not matter. It's the revenue. Hollywood had a record box office in 2016. Articles like this have been printed for decades and there is no collapse in sight.

It really isn't fair to compare two different eras. In the 30s, 40s and 50s, there was really no competition for movies other than radio. Today, there are hundreds of ways to spend your entertainment dollar, so yes, less people are going to the movie theaters, but with ticket prices increasing, revenue is at a record high. With an actual IMAX screen or IMAX experience costing up to $20 a ticket, millions are willing to pay.

In addition, many more movies are doing well overseas and with ancillary revenue, movies do fine.

67 posted on 03/14/2017 2:44:21 PM PDT by Dave W
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To: Drew68
I think these days they're making the movies they believe a billion Chinese want to see.

Because half an hour later they want to see it again.


68 posted on 03/14/2017 2:46:39 PM PDT by Buckeye McFrog
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To: Rastus
And . . . another damn Star Wars movie is coming out this year? Really?

They'll keep cranking out Star Wars movies as long as they keep making money.

69 posted on 03/14/2017 2:47:07 PM PDT by Rummyfan
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To: drewh

Yeah, forgot about the fiscal black hole over at ESPN. But then again the parks are doing well, so it’s still a wash. I don’t think this is true, BTW but the board might.

CC


70 posted on 03/14/2017 2:50:59 PM PDT by Celtic Conservative (CC: purveyor of cryptic, snarky posts since December, 2000..)
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To: Dave W

Yes, but it still has to be adjusted for inflation, and nothing comes close to Gone with the Wind. Which is even a better result considering there was half as many people, and most people had far less discretionary spending available.


71 posted on 03/14/2017 2:50:59 PM PDT by Sam Gamgee
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To: Ticonderoga34

Ditto. The trailer has been out for several months on YouTube (and other platforms) and looks impressive. As long as they don’t wander off into some PC subplot (like a gay Spitfire pilot), the film should be quite good.


72 posted on 03/14/2017 2:52:27 PM PDT by ExNewsExSpook
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To: drewh
Disney has not bet the ranch on Beauty. In 2016, Disney had 4 movies gross over one billion dollars, the first time any studio had 4 movies make so much money in one year. They are by far the strongest studio. That does not include any revenue received from video on demand, cable, DVD sales. Disney is an incredible cash cow. One movie will never break them. In fact, the latest box office projections show Disney grossing about $120 to $130 million in the US and Canada for the first weekend and about $215 to $245 million worldwide for the first weekend.

Disney is too strong of a studio and the Beauty story is universally known which makes for full theaters. And Disney makes that money with low priced tickets for all the kids that rush to the movie theater. I doubt most people know of "the kiss".

If you want to follow its box office story this weekend, Deadline.com has updates Fri morning and through the weekend detailing the box office draw of all movies, but they place an emphasis on the new ones.

73 posted on 03/14/2017 2:55:10 PM PDT by Dave W
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To: drewh

I’m just waiting for Guardians of the Galaxy II.

A big budget movie that is likely to set box office records.

EVERBODY wants to see that movie.


74 posted on 03/14/2017 2:59:42 PM PDT by Mariner (War Criminal #18)
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To: Sam Gamgee
I know that. If what you think is important is the number of people who buys tickets, that is fine. Hollywood thinks revenue is more important, for obvious reasons.

Hollywood had record revenue last year, period.

Hollywood will NEVER have the number of people buy tickets today who bought them 50 years ago. It's a different world. Hollywood has moved on and so should you.

75 posted on 03/14/2017 3:04:56 PM PDT by Dave W
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To: drewh

Disney will lose at least a few million dollars for their decision to include homosexual characters in this children’s movie.

But if it still makes a profit, Disney will chalk it up to the cost of doing business.

If enough of those who identify as Christian, conservative, or pro-family stay home from the theaters and don’t watch Beauty and the Beast, it will cost Disney tens of millions.

We need to recognize that our discretionary spending choices are a vote just as much as the elections.


76 posted on 03/14/2017 3:08:28 PM PDT by unlearner (So much winning !!! It's Trumptastic!)
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To: Mariner

Yup. Guardians is going to be awesome.

This whole article is a joke though. The last transformers movie budget was 210 million. The box office was 1.104 Billion. Was it a great movie? Doesn’t matter.

China means more and more to the success of these films.


77 posted on 03/14/2017 3:09:54 PM PDT by Alcibiades (Save the Republic--NeverHillary.)
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To: drewh

“Where did all the romantic comedies go?” he asked.

Apparently they’ve been replaced by Hollywood’s attempt to mainstream porn with films like 50 Shades of Grey, and its sequels.


78 posted on 03/14/2017 3:14:56 PM PDT by unlearner (So much winning !!! It's Trumptastic!)
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To: roadcat
Hollywood will probably do a “new” movie about Spiderman vs a Giant ape named “Kong”

Come on man, think outside the box. Superman and Batman as homo lovers. Some studio ought to make that as the first $Half Billion budget film. And see how that works out for them.

79 posted on 03/14/2017 3:15:13 PM PDT by PAR35
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To: jeffc

I have noticed similar with HBO and STARZ. I watch, maybe, one series and one movie every 2-3 months. They aren't worth the subcription. I only kept HBO for Game of Thrones and read that it is being delayed until summer.

Similar with Amazon Prime and Netflix. Usually around the first of each month, they release dozens of new offerings. I find a couple or 3 to put in my queue and that is about it. Mostly, I watch some of the TV series that were not available in the US or were on TV when I did not have cable.

Regular TV is flooded with the superhero/Marvel/DC Comics stuff. It is better than the reality crap that used to flood every channel, but not much better. Then, there are the remakes. Some do make it, but most fold.


80 posted on 03/14/2017 3:15:52 PM PDT by TomGuy
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