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RIP 21st Century Fox...

Elagabalus said:
No, no, all perfectly clear. You have shares in the Mouse and you have to tow the corporate line.
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Toe. And it's not enough shares to make me like them, especially since they dropped even further today. Hell hath no fury like a monkey who bought a bad batch of bananas.
 
They're going to lay off around 8,000 employees. Not cool.

Hollywood has been in trouble for a while. There are now 5 major studios left. If you like movies, this is not a good thing. Fewer options for green-lighting scripts that challenge the viewer, and more Star Wars: The Last Jedi. Anybody looking at the Netflix model will be worried about their financial output in relation to their profit margin.

It's bad enough that Hollywood has traditionally made bad financial decisions based on making a quick buck, but now there are fewer studios to pick up the slack when one or more drops the ball.
 
Axxman300 said:
They're going to lay off around 8,000 employees. Not cool.

Hollywood has been in trouble for a while. There are now 5 major studios left. If you like movies, this is not a good thing. Fewer options for green-lighting scripts that challenge the viewer, and more Star Wars: The Last Jedi. Anybody looking at the Netflix model will be worried about their financial output in relation to their profit margin.

It's bad enough that Hollywood has traditionally made bad financial decisions based on making a quick buck, but now there are fewer studios to pick up the slack when one or more drops the ball.
Click to expand...
A few years ago, George Lucas and Spielberg made a prediction that eventually the movie industry would involve the release of only a few films per year, films would stay in theaters for months if not a year or more, and going to a movie would become almost an 'event' (like going to a broadway play is today.) At the time I thought it was a dumb prediction, but it may not be that far fetched.

https://www.hollywoodreporter.com/news/steven-spielberg-predicts-implosion-film-567604

 Its easy to blame the studios (why aren't they making "unique" films? Why all the sequels/reboots/etc.) But the problem is, people vote with their wallets, and sequels, reboots, etc. are popular at the box office. While studios may make blunders, they also are a business. They need to make money. And if people don't go out and see the smaller movies, the "unique" non-sequel/non-reboot films at the theater, its hard to blame the studios for relying on stuff that will actually make money.
 
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