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How -- this -- -- only one featured a big name actor and that of course Clint eastwood's Gran Torino which he directed and starred in which came in second place brought in 22 million bucks.
The other films start a sitcom actor Warren actors.
But even featured dogs so.
If the audience is leaning toward movies with unknown actors will studios cut back on superstars multi million dollar film deals particularly in this economy are the big stars -- -- anymore -- -- way ahead.
And on this year's Oscar race as well as Hollywood insider producer Peter -- you see -- of Mandalay entertainment joins us as usual from LA 11 day we gotta get you back east here Peter.
Is that good weather back there it's it's terrible weather but you know you don't know.
Good weather -- lets you feel felt bad weather you're -- used to paradise let's let's talk about star -- because.
There's an interesting fact that -- -- relates to the top of movies or the movies that have been nominated for best picture the cumulative.
Average box office gross of the Beck's best picture nominees right now.
Is that the lowest level in more than two.
Decades -- that relates to the Oscars.
But what about that is is is Oscar power and movie star power at a low web now.
Well I think what's happened is that the lot of those studios feel that they lower.
Cost picture is put in an Oscar season can get the biggest bomb from an Oscar nomination and Oscar award.
And that's why you see that playing out so much more and invariably the Oscar voters that 5900.
Constituents of the academy seem not to vote for the big studio pictures Dark Knight and and Iron Man and they seem to get snubbed a lot of the times why -- these independent pictures why you'll you'll love the dark now contingent.
Yeah I thought it was great you know and I think -- the fellow that's gonna win this supporting -- he's not alive to accept it so yeah you're talking about.
Reversal progress psychology that somehow be.
Force that feeds all these people is admonished when it comes -- -- -- voting but why is that what is it about go to that what goes on in those decisions that are made about the Oscars that lead to that.
Well I think what happens is that during the fall a lot of the films that come out that other specialty films.
That of these thoughtful films the art films get the most attention.
And of the eight studios look if we come back down we can get the most bang for our -- and a lot of the times.
Big stars don't go into those films the less their passion project -- don't see them there but if you look at Benjamin button.
Whatever has to be said about it with thirteen nominations it should give it a really big -- -- that mean.
Brad Pitt did a phenomenal job in that picture and that picture wouldn't have made bullion now buttons are anything.
If it didn't have Brad Pitt.
Well we should mention by the way -- just come out with the best Hollywood our wives stars and the worst Hollywood return on investment for -- and Brad Pitt is in the best -- he.
His return on investment he turns in twelve dollars and 73 cents for every dollar that a Hollywood producers spent on and so he's got great -- wide but then you look at the areas Brad Pitt who is the star of this film which is.
Not -- for best picture but that you have Nicole Kidman.
One of the worst returns on investment Tom Cruise.
Also bad return on investment I guess it's coincidental they were married to each other.
But you know this car -- the star power.
Of these folks doesn't return investment anymore.
But you gotta look let's stop power really does -- stop -- -- does the studio.
It gives them not insurance as much as I assurance it allows them to sell to exhibit is that it allows him to get a lot of media attention to build -- value bills ancillary value.
If you're making a hundred a 150 million dollar pick Jeff.
It's nice to have the comfort of some major personality at the front -- about locomotive.
But Peter that -- here's some that I go back to time and again I'm looking at the best picture list FROST/NIXON.
The readers slum dog millionaire the curious case of Benjamin -- maybe -- big exception The Curious Case of Benjamin Button not one that.
Epic film in the bunch four out of the five are films that.
Basically a lot of people let's be honest about it we'll wait until it comes out -- dvd before they go to see it.
Wolf four out of the five films total box office -- probably isn't the catering bill Ford Dark -- know.
You're talking about not an audience that yet embraced that and of those films don't get.
The Oscar win deadline -- vaporize in terms of dollars.
But it's an -- -- again the kind of film that I want to spend money on -- a movie theater -- go through all the business of dealing with.
You know sticky feet at the end of seen that the film.
Is is an epic movie moving that you know you see on the big screen and it absolutely transports -- -- different universe that's what you wanna go.
And there aren't those kind of films on this list.
That's true that's true -- got those big studio films that in years past the Titanic in films like that -- radars and -- a big.
That that's exactly right but you know what really is that's not to say that -- -- -- -- -- valuable.
-- incredibly valuable and they get paid a lot of money still.
Not withstanding -- cut backs that you hear about occasionally in the breast.
They the choke point there the -- resource picking the idea and the audience and they always will get their money.
But look at look at -- you mentioned Titanic -- not the time the stars -- Titanic were unknowns.
Lord of the Rings there were there were you know some good act wonderful actors but again most of them were at the time -- -- so.
It's not necessarily the star that matters.
Well sometimes a star as a filmmaker like Jim Cameron.
Who did like the aliens and terminate or Spielberg sometimes -- -- start is a gigantic property.
Like a JK Rowling property so celebrity may show up inside the movie package at different places it may be the -- the rebels and all the direct up.
-- the celebrity in the project.
All right so Peter finally to our big question today you think.
That the Oscars -- still mattered because I remember our conversation from last week.
Yeah they matter but still they -- -- the mother of the of the Fella that wins it absolutely spitting -- about actor's career absolutely.
Did it matter to the distributor absolutely.
Today met in the bottom line maybe not depending on what the film hasn't had that they met in the media absolutely -- it depends upon.
Cool -- talking to what is to the public and not so sure.
Peter Guber are always a pleasure to see if Peter -- great weekend.
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