Movie Industry Economics [3:30 pm]
An article not to miss on how the economics of the industry have shaped it - from The New Yorker: Gross Points [pdf]. The closing paragraph:
The blockbuster is a Hollywood tradition, but blockbuster dependence is a disease. It sucks the talent and the resources out of every other part of the industry. A contemporary blockbuster could almost be defined as a movie in which production value is in inverse proportion to content. “Troy” is a comic strip, but what a lavish, loving, costly comic strip it is. The talent, knowledge, and ingenuity required to make just one of the battle scenes in that film, or one mindless James Bond chase sequence, interchangeable in memory with almost any other Bond chase sequence, would drain the resources of many universities. But why doesn’t anyone put more than two seconds’ thought into the story? The attention to detail in movies today is fantastic. There is nothing cheap or tacky about Hollywood’s product, but there is something empty. Or maybe the emptiness is in us.