Wednesday, February 8, 2006

Hollywood's Death Spiral

There is a really interesting article on Slate about the trouble that Hollywood movie studios find themselves in. Part 1 is here and part 2 here.

But the problem isn't "downloaders are killing the movie industry" it's more like "the movie industry is killing theatres". It seems that they have essentially driven the theatres out of business because of an attempt to squeeze DVD profits into the same quarter as the theatrical release. The major studios now make FOUR TIMES more money from DVD as they do from the box office!

So something is going to give, and I think it will force a fundamental change in the "blockbuster" production process...

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