Monday, 30 October 2017

Guardian Article

Small production films find it hard to get onto the big screen because all the big productions are playing it safe with superhero blockbuster films (risk-averse). This makes it difficult for the small productions to even have the opportunity of becoming very successful.

A film star: David Hancock says: “After the last financial crisis money dried up and the major Hollywood studios ended up cutting loads of their production slates and increased budgets pretty much for franchises and superhero stuff.”

Films with budgets of a lot more are far more likely to get the squeeze due to a number of reasons such as the effects in the movie and the advertising they use to gain engagement.


Around 90% of movies in box office are high budget, therefore this leaves under 10% of space for low to mid budget films, and there are over 650 of them. This means the vast majority aren't going to make much profit on their movies.


Another factor is that TV programmes are not too dissimilar to movies these days and there is an increased attraction towards these. This leaves even less room for other movies that don't have an extremely high budget too. Netflix shows this programmes and they have doubled their money in 2013.


A top executive from Hollywood films says: "There has always been pressure on smaller films, it is a tough end of the market where there aren’t that many breakout successes.” 


I have learned that the movie industry is slowly becoming completely high budget, as all the low budget movies are no longer coming through and being successful. This leaves very low room for people who don't possess a massive amount of money, and want to make it in this industry. The modern effects that can be used in high budget movies gains the attraction of audiences, which hinders the views of low-budget movies.

2 comments:

  1. This is a good summary, but please differentiate the quotes from your own words.
    Please summarise what you learnt from this article.

    Miss C

    ReplyDelete
    Replies
    1. I have summarised what I have learned from this article and changed the quotes to bold.

      Delete

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