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Brandon Sanderson's theory on why the film industry is floundering (YouTube Short)
(www.youtube.com)
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I don’t disagree with him on the point that the old model has been broken but I think it’s more complex. I think it was Matt Damon that said steaming has hurt the creative side of the industry because dvd sales can’t make the budget back for risky project anymore. That’s not the full issue either though. Theater experience has been going down and there’s a billion other ways to get entertainment in a social way now. This all leads to studios desperate to keep the spice flowing to only back what they believe are sure returns on investment while simultaneously trying to cut costs by reducing or at least limiting the compensation to creatives. There aren’t as many risks getting taken and producers are reclaiming the power that had long been surrendered to directors and writers.
We’re almost back to the old studio system, if we ain’t already there
Another factor I’ve heard is that investment types and thinking have taken root in the film industry and established a baseline gross profit margin as an expectation compared to the past that was more happy to break even.
It makes sense because it’s also the story of the times I suspect, and there’s likely a lesson to be learnt that how we useful market dynamics can be some aspects of civilised life may be best left effectively non-profit.
It wouldn’t surprise me at all, that thinking has infected everything.
Yea. A basic heuristic I picked up a while ago was “was this better before the accountants got involved”. I got it from someone telling me their profession was clearly better before accountants ruined it.