This Just In: Movies Don't Make Money
Summary
In marked contrast to the music business, which has spent the last seven years dealing with declining profits and assorted bad news, the 21st century has seen the film industry repeatedly setting new records for ticket receipts. The movie biz is healthy, right? Back to Article
In marked contrast to the music business, which has spent the last seven years dealing with declining profits and assorted bad news, the 21st century has seen the film industry repeatedly setting new records for ticket receipts. The movie biz is healthy, right? Back to Article
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bigmac64 writes: on Nov 15 2007 10:04 PM I love how the corporations try to blame everyone else, rather than the junk they are trying to sell us. Most movies are not worth seeing in theaters, or owning on any format. And to promote DVDs as the best format, only to come out with the new format, what, four years later, adds to the insult. I've already decided that I'll keep my DVD library, just buy about five backup systems. They made me replace my vinyl and tapes, and I've had it. Sorry to hear the movie studios are losing money, but stop putting out crap, stop changing formatting and stop accounting practices that put Enron to shame. Then I'll have a (Very) little sympathy for your losses. Sorry, just had to rant, thanks for listening. (Reply to this) |
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patrickbateman writes: on Nov 16 2007 09:47 AM If the movie industry made a sensible compromise as far as $12 movies and $25 DVDs without any redeeming extra features, they would inspire more people to patronize their business. Until then, people are still going to download movies, whether through torrents or Veoh or whatever they use, and not feel a tinge of guilt about it. The disgusting amounts of money that they drop on stupid advertising campaigns for even dumber movies (Transformers) could feed half of Africa for a year. The Hollywood elite are in the process of being grounded by pimple-faced nerds and internet asylumists, and I, for one, couldn't be happier. Die, Hollywood, Die. (Reply to this) |
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bbsquidge writes: on Nov 17 2007 11:06 AM Sure. Movies don't make any money for Hollywood, but the mega-rich executives just keep making them anyway because they love watching money go down the drain. If you believe that, I have some property to sell you. Bottom line: a business which must share percentages of the profits with certain parties are going to hire very diligent number-crunchers to make sure there AREN'T any profits... at least not any that show up on paper. Look at the homes the studio execs live in (not that you can, of course; you'd have to climb a mountain and fight your way past guards like Chuck Norris in Delta Force 2) and tell me there's no profit in making movies. This is just publicity aimed at damaging the writer's strike, and the media buy it without question. I've worked in the business for more than ten years now. Trust me, the movie studios are doing just fine for cash. (Reply to this) |
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dentistsugardust writes: on Nov 17 2007 03:19 PM everything in art is crumbling creatively. music, sports, even movies. i attribute it to the madness of "let's do it fast" "let's get it out" they've thrown enough out there like this (weakS**T) and pretty soon the odds are in favor of the meltdown. worthy art is not on tap, yet the entire entertainment industry carries on as if otherwise. the idea that if you put it out there, the people will come, has been exhausted of it's novelty. (Reply to this) |
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dentistsugardust writes: on Nov 17 2007 03:19 PM everything in art is crumbling creatively. music, sports, even movies. i attribute it to the madness of "let's do it fast" "let's get it out" they've thrown enough out there like this (weakS**T) and pretty soon the odds are in favor of the meltdown. worthy art is not on tap, yet the entire entertainment industry carries on as if otherwise. the idea that if you put it out there, the people will come, has been exhausted of it's novelty. (Reply to this) |
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aknddon3 writes: on Nov 17 2007 04:10 PM Do you honestly think a lot of people download movies? Do you honestly think this article is true? Man patrick you are a retard. (Reply to this) |
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southwick writes: on Nov 19 2007 09:56 AM I am sure Hollywood is making money, I have a feeling its not as much as they would like to make. BTW Serenity cost under 50 mil. to make and as of last year was making a profit. Good movies will make money in the long run, even if their profits aren't immediate. (Reply to this) |
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