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I think we're looking at another year of Covid. People aren't going to go to theaters, even if there were good movies (and there aren't).
Hollywood can't survive without ticket sales from blockbuster movies.
I'm thinking it's all going to be different. No more theaters. No more 200 million dollar movies that have to break a billion bucks to make up for all the losers that year.
What do you think? Will things ever be the way they were or are we looking at the end of the 'big movies in big theaters' way of life?
'A lie is halfway around the world before the truth gets its boots on'. -Mark Twain
Follow Ups:
Yes. Hollywood and it's studios have been making a fortune from ticket buyers for decades.
What COVID has proven first and foremost is how much of our daily lives can be conducted virtually. When daily life returns to "normal", normal will be very different than Feb 2020. It will take a long time for people to feel comfortable spending time in large enclosed places, like stadiums, concert venues, malls....and movie theaters.
Hollywood will have to adapt. They protested TV, then co-opted it. They protested VCR, then co-opted it. They protested cable, then co-opted it. The only constant is that Hollywood figured out how to make money.
I expect Hollywood to begin to focus on smaller, less costly movies, and alternative distribution models. We have seen trial balloons of straight to streaming PPV (Disney), and early reports cited good ROI.
It would be reasonable to expect more Cable and Streaming only productions. These are mostly plot/dialogue driven rather the SFX, thus less costly to produce. It is no surprise that we are seeing a proliferation of new streaming options, each with its own price tag. Looked at another way, each streaming option represents a potential stream of funding income for the provider- leading to more unique choices for the consumer to enjoy from the comfort of their own home.
The largest theater chain.
Nt
During the pan and the interruption in filming, Hollywood is buying up stories, readying for a relaunch.
I don't know but this is not a good sign.
and I have been the only one in the audience about 70% of the time (matinees). People here are still not warming up to crowds but the films are reruns and "small" films that wouldn't really draw. I think Bond will be the test of a big draw. 'Tenet' doesn't count.
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The end credits of any recent film scroll for ten minutes in small print at slow speed. That's a lot of industry to kill off. And it needs outlets. Theaters will continue.
ridiculous "series" of FX-above-all productions. They pay for all the rest. Now, if indeed it can survive, Hollywood will have to adapt, go back to making movies that can be pleasing to view on 55" screens. Ironically, this current scenario gives "arthouse," independent, and foreign films a greater chance at the market.
Writers and cinematographers finally will return to past glory--- if Hollywood adapts. I certainly won't mourn the collapse of the system: it's been geared to gamers and fantasy (Star Wars; Star Trek) lovers for a long time.
Many plants flourish after a good pruning.
Maybe it will be the same with Hollywood.
Never mind, even I don't believe that. It'll probably survive and go right back to making loads and loads of drivel.
I am concerned for the crafts. Those folks that don't make $20m per film.
You sound like Chauncey Gardiner. And I like your optimism!
As for me, I too think there will be growth. . . in the spring!
CATS II.
Never mind the reboot of "The Lovebug."
The Hollywood concept is basically a bad case of recurring diarrhea.
It's so bad it is starting to affect the recent Golden Age of series TV, which is already slacking off.
"Once this was all Black Plasma and Imagination" -Michael McClure
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inmemorable POS if I remember correctly.
Though Liz (first woman to be paid a million bucks for a role) was looking pretty good.
"Once this was all Black Plasma and Imagination" -Michael McClure
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I ain't gettin' no younger here.
well, let's just be thankful for what we have.
"Once this was all Black Plasma and Imagination" -Michael McClure
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they can't get this guy to come out of retirement and newer models suck
All the Performing Arts are in danger.
Symphony, Opera, Ballet, Jazz, Rock, you name it.
They can't survive in this environment.
By the time things get straightened out, it will be too late.
If that even happens...
Nt
It might take a recess for some time. But people love to worship movie "stars". And I think most in that industry have enough reserve to tough it through.
The actresses will be older, even Alicia Vikander. New bunch will have to come up thru low budget movies. A sequel to Ex Machina taking place in a small town is an idea.
Cheers
Bill
Empty theaters paying big commercial rents are at risk of going under. The producers of movies at a lesser risk assuming they don't have any big loans to pay off.You'll have to excuse my bold predictions.....lots of companies and people are in a risky situation and it could even get worse.
Edits: 10/01/20
For some of these big movie companies like AMC, etc, to declare bankruptcy.
I'm thinking before long they won't be there for Hollywood to show their movies in.
'A lie is halfway around the world before the truth gets its boots on'. -Mark Twain
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