Could it be that some sanity is actually peaking it’s head up?!?! I’ve mentioned here on The Movie Blog for some time that there are just too many films being produced to be sustained by the current market. At the rate of 3-4 major releases each week, the films have too much competition, AND little chance of sustaining revenue as 3-4 new films open again the following week.
It’s also inevitable that with this many films being released… worse films (that wouldn’t have been produced a few years ago) are being made and released… souring the movie going audience even further. It’s just a bad idea.
Well according to the good folks at Hollywood North, it looks like some studio execs might finally be clueing in:
According to Variety’s Peter Bart, the major media companies are reducing their financial commitment to the motion picture sector, with ‘fewer’ films being produced over the next two years.
Bart said too many movies have been crammed into a market whose appetite for new product has ‘leveled off’, with Sony believing a cutback is vital to clear the ‘clutter’ and Warners looking to focus more on ‘big event’ movies.
Gee… YA THINK? The math here shouldn’t be that hard. Cut down the worst films that are getting released (like anything with Rob Schnieder in it), invest more time, energy and finances into the better projects with slightly less competition and you’ll earn more money.
So why am I not getting paid millions to sit around and think of this?
