Is Hollywood making too many movies?

Hollywood-Sign

Some say we are in the era of the franchise. Last year 8 out of the top 10 grossing films worldwide were franchise movies. Some say that this is down ultimately to the recession. People could no longer afford to take risks on $15 tickets to go and watch a movie they thought looked interesting, they would rather spend it on a superhero movie in which they will know what they will receive for that money.

They know this because they all use the same formulas. Willenson (entertainment industry consultant) believes that boom years for the 1% have left a group of people with money to burn — a state of mind that the movie business encourages. The problem is that not all of the projects they’re bankrolling are worthy of their riches.

‘Variety’ reported that in 2004, 490 films were released across 1,000 theatres. Last year that number sky-rocketed to 563. Despite this, in 2004, films grossed $380 million dollars, $10 million more than last year.

The belief by many experts is that the influx of major conglomerate films and tiny independents brought on by the wave of access to top technology at cheap prices is creating a large gap of ‘adult’ movies in-between them. Movies grossing between $50-100 has fallen from 41 to 34 over the past decade. Chase (Creator of Sopranos) once stated, “film went from something interesting, to what we have now” and indeed what we have now is spectacle driven movies that bring in the majority of their profits.

It’s been common knowledge for sometime now that cinema is as frowned upon as it was in the 20’s, when it was seen as drama for the poor actor. Now it is seen as the place to see cheap thrills like the circus. Independent cinema is the place in film where truly unique and moving stories are being created and why so many A-list actors are moving into television. Like 3-D films, this money-grabbing formula by the conglomerates will start to decline and eventually they will be forced to create better stories and produce fewer films. As my third grade teacher always used to tell me, quality, not quantity.

Jurassic World hits the $1 Billion mark

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After just two weeks, Jurassic World has grossed over $1 billion worldwide.

It’s been an incredible year for Universal who after just 6 months has grossed nearly $4 billion following the successes of Fast and Furious 7, Fifty Shades of Grey and Pitch Perfect 2. However that isn’t all, because Universal still has Ted 2, Minions, Judd Apatow’s Trainwreck and Straight Outta Compton to be released.

Universal co-chairman, Donna Langley noted,

“We are fortunate to be in business with some of the most talented filmmakers in the industry today. Together with our Universal team, we’re thrilled to celebrate a slate of fantastic films that audiences have embraced all over the globe. From production to marketing and publicity, music and the front lines of distribution, it is that passion, commitment and hard work that makes an achievement like this possible.”

If anyone has stocks in Universal, I’m sure they’re delighted at these huge profits with the increase of 0.56 yesterday in New York. It’s a good time to be working at Universal.

Red Army – The Sport that symbolised the Cold War

“Fabulous, Compelling, Relevant. A sports doc for people who don’t give a damn about sports” – Jason Gorber Twitch Films 

Red Army is a documentary with an interesting point of view. The film is about the then, Soviet Union Hockey team who went undefeated for years told not through American filmmakers, but through the eyes of the former Soviet players. Giving incredible insights, the players speak about the incredibly harsh conditions they were put under, training away from their families for 11 months of the year and training four times a day! One of the players states ‘Andrei Komutov’s father was going to die, he came and said “can you let me seem my father” He said, “No, you have to get ready for the next game”‘.

This film is available for UK residents on DVD and Blu-Ray and in select theatres within the US.