Last year was one for the movie-history books: 2019 gave us the highest grossing movie ever in “Avengers: Endgame,” Netflix continued to cement itself as a corporate patron of original storytelling with awards movies like “The Irishman,” and Disney’s purchase of Fox further solidified the company as the Hollywood power to be reckoned with as its movies accounted for nearly 40% of domestic grosses.
While these milestones mark success for powerhouses Disney and Netflix, dig beneath the surface and you’ll find plenty of questions about what they mean for the future health of the film industry. If “Endgame” can make $2.8 billion, why would any studio ever want to take a gamble on something that might only make a modest few million at best? If Netflix continues to grow as a go-to distributor for original prestige titles that play for just a short time in limited release, what does that mean for moviegoing’s future?...
While these milestones mark success for powerhouses Disney and Netflix, dig beneath the surface and you’ll find plenty of questions about what they mean for the future health of the film industry. If “Endgame” can make $2.8 billion, why would any studio ever want to take a gamble on something that might only make a modest few million at best? If Netflix continues to grow as a go-to distributor for original prestige titles that play for just a short time in limited release, what does that mean for moviegoing’s future?...
- 1/7/2020
- by Chris Lindahl
- Indiewire
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