Re:Netflix Is Now Available Around the World
by Alupis on Wednesday January 06, 2016 @07:00PM
(#10854930)
> Profit margins for Hollywood aren't that great
Avatar production cost: $237,000,000 USD
Avatar global revenue : $2,787,965,087 USD
91% of Avatar's total revenue was pure profit... practically unheard of in most industries.
Sure, Avatar is a unicorn, and sure studios often produce strike-out movies... but the occasional home-run more than makes up for them.
> How do you justify spending $200 million on Force Awakens and hope to recoup that from Netflix fees?
Perhaps the $200 million production cost is unreasonable. We've all seen how many people and companies are involved in producing a single movie. The actor assistants have assistants that have assistants who have paid interns. One company will do a single character model while another goes a different character.
There's so much waste in the movie industry... it's ripe for the typical "SV" disruption (come in cheaper, and same or similar quality, and make it more easily accessible to the masses).
Avatar production cost: $237,000,000 USD
Avatar global revenue : $2,787,965,087 USD
91% of Avatar's total revenue was pure profit... practically unheard of in most industries.
Sure, Avatar is a unicorn, and sure studios often produce strike-out movies... but the occasional home-run more than makes up for them.
> How do you justify spending $200 million on Force Awakens and hope to recoup that from Netflix fees?
Perhaps the $200 million production cost is unreasonable. We've all seen how many people and companies are involved in producing a single movie. The actor assistants have assistants that have assistants who have paid interns. One company will do a single character model while another goes a different character.
There's so much waste in the movie industry... it's ripe for the typical "SV" disruption (come in cheaper, and same or similar quality, and make it more easily accessible to the masses).