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Originally Posted by Nadal Fan
Indy 5 opens with $60M on an almost $300M budget, and the new animated movie Ruby Gillman opens with only $6M on a $70M budget. This summer hasn't been kind to alot of movies, I think the studios putting films out on streaming only 2-3 weeks after opening day is a huge mistake. Most people who miss it opening weekend will probably just wait a week to watch it at home.
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I have a theory that The Phantom Menace broke the incentives of the movie industry in terms of creating good original content, and it's starting to come home to roost. They saw that with the right IP you could make something the fans didn't enjoy and they would still pay to see it, certain movies became de-risked, it didn't matter what the script was.
In the 90s, 80% of the top grossing films were either original content or first time novel adaptations designed to be stand alone stories. 2000 / 2001 still had a lot of original content that had already been in development, but by 2002 it flipped, where 80% of movies were re-makes, continuations or adaptations of earlier Film/TV, or in the case of something like Harry Potter / LOTR the were sold as series before they started. I think it's also not a coincidence that at the same time the Oscars stopped giving awards to the best movies and actors in a given year, they were looking at the best stuff the industry had to offer, and they were bored with it, it was something they had seen before.
I think this might the audiences catching up to where the critics already were, do we need to pay to see a de-aged Harrison Ford trying to re-capture a story that is 30 years gone by?
The movie industry is a business, and this could be a sign we are in for a correction, and we'll start to see more investment in original content, if people aren't going to pay to see the Indiana Jones re-hash.