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Originally Posted by KTrain
It depends on the movie. It's why we see more big budget/action/adventure movies being pushed by studios because they're accessible to a wider audience and will make most of their money up front.
In the old days, you could get movies that would "flop" in the theatre and have a huge VHS/DVD boom and make their money back and more.
For example, The Shawshank Redemption made $16 million ($25-28 million budget) on it's initial run in the theatre (it was competing with Pulp Fiction and Forrest Gump). But it received multiple award nominations and ended up being one of the top video rentals of the year. Then, of course, Turner bought the TV rights in the late 90s and it played on TNT virtually non-stop for years and increased the sales of DVDs.
Same thing with Fight Club, The Big Lebowski, Blade Runner, Dazed and Confused and Office Space.
This is a clip from Hot Ones and Matt Damon explains it really well.
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Yeah lots of people in the movie business are talking about how the loss of DVD and video markets really hurt a lot of movies.
Streaming is a new source of revenue, but streaming is more about the series than it's about the movies, so that's where all the prestige drama has gone for example. They might not make movies like they used to, but the quality and quantity of TV has gone up tremendously, so I think it kind of evens out. In fact I would argue that the audience is mostly a winner, as there's a lot more really good stuff available.
It's also worth remembering that there have also always been trends in what the audience wants from movies. Things go in and out of fashion for various mostly unknown reasons, so it's a little simplistic to say that this or that type of movie died because of streaming. The amount of fantasy themed stuff for example is way up from what it was in the pre-streaming years and pre-GoT.