Economics

Coming off a year where box office sales showed some of the most disappointing weekends in quite a few years, and where the DVD buying bubble has now clearly burst, you could say that it’s starting to look like the film industry is in some financial trouble. They’ve tried to find new revenue in the form of 3D films, but as the months have worn on ticket sales to 3D showings have been bringing in less and less extra cash, and sales of 3D enabled home equipment pretty much never got out of the gate with any momentum. Factor in the rise of cheap rentals through Redbox kiosks and all-you-can-eat streaming services like Netflix, and the film industry as a whole is faced with the daunting task of how to keep their content seen as being a commodity. All hope doesn’t seem to be lost for makers of motion pictures, however, THR talked to a number a studio heads about what’s been working for them over the last year and where they expect to see growth in 2012, and there seems to be some hope. Over and over again the two areas where movies seem to be making more money than they did in year’s past is through video on demand services and sales of Blu-ray discs. Dennis Maguire, the president of worldwide home media distribution for Paramount said, “2011 showed that home entertainment continues to excite and enthrall consumers. Blu-ray and EST continued to surge, and new delivery systems […]

read more...

Culture has already moved so far beyond Enron that it almost feels like it will be popping up on a VH1 show any day now. It’s a relic despite happening less than a decade ago (and being a devastating example of corporate ignorance and greed). Now, after nailing down the temperature of the joblessness situation in Up in the Air, George Clooney would like to take another stab at the company by adapting the play “ENRON” for the big screen. The play survived for only a month here in the US this summer, but it’s fared decently well in the UK since 2009. What’s interesting is both the distance our society has from the disaster and, with the economic situation, how intimate it still feels. The major players belong in a history book, but the feelings and situations it created are still creating fresh wounds. It’s unclear what roles Clooney will play, but he’ll definitely be producing (alongside Spider-Man (the original) producer Laura Ziskin) and possibly directing. [Cinema Blend]

read more...
Some movie websites serve the consumer. Some serve the industry. At Film School Rejects, we serve at the pleasure of the connoisseur. We provide the best reviews, interviews and features to millions of dedicated movie fans who know what they love and love what they know. Because we, like you, simply love the art of the moving picture.
Comic-Con 2014
Summer Box Office Prediction Challenge
Got a Tip? Send it here:
editors@filmschoolrejects.com
Publisher:
Neil Miller
Managing Editor:
Scott Beggs
Associate Editors:
Rob Hunter
Kate Erbland
Christopher Campbell
All Rights Reserved © 2006-2014 Reject Media, LLC | Privacy Policy | Design & Development by Face3