Netflix alone spent $12 billion on new content in 2018. They expect to spend $15 billion in 2019, and expect this to hit almost $18 billion in 2020.[1] There is more new, original content being produced than anyone could ever expect to watch in one lifetime. Compare this to a few decades ago when you had 3 or 4 networks on TV each making a dozen or so shows each year, and a handful of studios producing movies (many of them remakes from the 30s, 40s, and 50s).
Everyone seems to view "Hollywood" with rose colored glasses. The medium through which people consume entertainment certainly seems like it is starting to change, but that doesn't mean "Hollywood" is dead or dying. The exact opposite is happening.
[1] https://variety.com/2019/digital/news/netflix-content-spendi...
It's had its share of horrible remakes, blockbuster crap, and arthouse films.
No studio releases all of its movies to theaters; most studio catalogs have more VOD releases (formerly "direct-to-video") than studio releases. The VOD releases are frequently more profitable on an average basis so long as budgets are strictly adhered to.
But, if you want to talk about more traditional blockbusters, Netflix makes plenty of those (arguably more than many traditional studios).
When they produce a movie, they want to sell it to auditory, to lure us into theaters and make to pay for tickets. They are attaching stars and buying stories and making trailers and posters.
The only purpose of TV-serie is to work out a Pavlov dog reflex: they want us to be before a TV every week at the same time. So they are making cliffhangers and misterious faces, and are filling all the emptyness with action scenes and dialogs.
NB: I am aware that some of Netflix production are not series but feature movies.
The studio system already assimilated this criticism and Netflix just dumps entire TV shows in one go. It's more like a 10 hour feature, split into easily digestible chunks.
Plus, TiVo et al already killed this "want us to be before a TV every week at the same time". There is a new episode every week at the same time, but I'll see it when I get the chance, I'm not peeing into bottles to watch the opening of The Fugitive.
There is a reciprocial movement in Hollywood with it's endless stream of sequels, which are closer in quality to TV rubble. There must be a junction point somewhere in a near future, I'm looking for it with amusement.
NB: I'm glad for those downvotes. It means I am close to truth, people used to hate uncomfortable truth.
That said it's still making good money and will make even more after the box office run.
It's harder to get people to go to the theater due to a bunch of factors like improved TV tech and increased competition for time, but "hollywood" is also capitalizing on those things. Look at how many original series are on Amazon, Hulu, Netflix, etc, and compare that to what we had 30 years ago between theaters and TV.
The $6.05B 2016 figure would be about $6.45B in 2019 dollars.
Box office trends have been shifting over the last decade or so... the big blockbusters (superhero movies especially) are bigger and bigger, but the mid-budget stuff that was a mainstay of the 90s and early 2000s (think stuff like Will Ferrell and Adam Sandler movies) is getting squeezed pretty hard.
To give one look at the distribution.... last year the 100th best performing movie did ($21.7M / $700M) = 3.1% of the #1 movie.
In 2010, ($26.5M / $415M) = 6.38%
In 2000, ($18.7M / 260M) = 7.19%
This probably depends on your definition of original. Franchises dominates today, but lots of older movies are based on books or plays or are remakes of even older movies.
Casablanca was a remake of another Casablanca 10 years before, but I believe this previous Casablanca is now lost.
This is false.
Sequels and book adaptions have dominated the top 10 every year for decades and decades.
I said the lack of quotable lines. I know a long list of TOS quotable lines, and exactly one from after ("KKKAAAAAAHHHHHNNNNNN!"). No quotable lines means the writing is crummy and the shows are not memorable.
The same for Star Wars. Who quotes any lines from other than the first one? I stopped watching the SW new movies, too. Zzzzzz....
Yes, but I think it's safe to say that there were a lot more original movies a few decades ago than there are now. Hollywood used to take more risks.
>According to Wikipedia, Aladdin grossed "$923.7 million, against a production budget of $183 million". So despite you and your nephew, Disney seem to manage OK.
Exactly. People are bemoaning the current state of Hollywood, but it's extremely profitable, and that's all that really matters to them. There's no shortage of paying customers willing to see the latest sequel/prequel/remake/reboot. Sure, they might lose a few ticket sales from people like me and this OP and his nephew, but it's more than made up for by countless others who just don't care and want entertainment. And yes, they might make more profit on a really great original movie (like the original Star Wars in 1977), but that's also a big risk and it might flop and be a giant loss, so they tend to shy away from such things now and make safer movies that have an almost guaranteed profit, even if it isn't as much.