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Hollywood, Enough With the Sequels!
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Media analyst Peter Guber discusses whether Tinseltown has run out of ideas.
- Duration 5:34
- Date May 23, 2011
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Media analyst Peter Guber discusses whether Tinseltown has run out of ideas.
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Disney is getting its pirates of the Caribbean franchise another run releasing its fourth installment today.
And it sure dominate the weekend box office but it may find it rougher going next week.
When it goes up against you -- you guessed it another sequel the hangover two in fact 2011 we'll see more sequels at the theaters than ever before.
Does that mean Hollywood is running out of good ideas -- studio XX is betting on a sure thing well let's ask media and entertainment analyst -- -- appear.
47 sequels this -- is the new Hollywood model.
Notes gold dollar normally been doing it for the last few years you know.
James Bond started it they saw the gold in them hills.
And so everybody wants part of that pie.
And the truth is it gives Hollywood a lot of certainty and it goes global which means it travels the whole world so it's always -- -- that seduction.
That -- -- and more importantly in the next -- This is safer studio -- isn't it because they don't have to worry about spending a lot of money on a movie that it gonna mean you know given diddly squat the box office.
They worry about spending a lot of money the pirates movie you mentioned is 400 million dollar investment 200 plus for the movie and -- -- and internationally to release and all over the world which they're gonna do this weekend so when you think about that a 400 million dollar investment.
They say in the -- we can make more on that that we can make but that's -- down a smaller one.
-- Peter how -- the differences and make now that they really have to think internationally they have to think about releasing films all over the globe.
-- does that make it easier to say let's just stick with the franchises that are tried and true rather than try something else.
Where you bet and you see these franchises can be very favorably in all the markets in the world what now making their own web local repertoire.
What we call -- -- act films.
Those are local local artists these films those countries can't make.
So this is a very great swath they can travel -- spider -- are still -- the bat man's all these franchise that James Bonds.
The fast fast five they travel the world.
Unscathed by competition and the truth is if you really look at it.
This 300 million people of the United States and six and have brilliant people in the rest of the world which target would you aim for.
-- did nothing that this is doing is it's driving chasm between the franchises.
And ended things like does Sundance Film Festival TriBeCa cap com rehab.
All a lot of smaller independent films that are good movies that are starting great actors that people really wanna see but they are big money makers isn't.
That's true but remember those films each one of them.
Is a new business people out don't have a movie going out and Abbott.
They go to a movie -- each one of those new business is a new business risk when you won't pirates you got r.s one barge to barge to rid it got the -- you got the theme park ride at a news that you've got the continuity it's playing as a dvd or on television on cable and I'll tell when the next one comes out.
It's -- completely different business.
What about for those of us who love movies what do we do idea if everything every Friday we've got to something or other seven.
There's an -- is another eight coming up this summer -- Harry Potter the eighth Harry Potter film.
What about those of us who love movies and want to see originality where we go what do we do.
Really know what's happening it's morphed into what we call the cable movies this -- spectrum the -- part is on AMC or on showtime and HBO.
That's where the adult fare is showing up and major -- -- is -- moving there and even -- just -- getting a chance to move those muscles.
Because what's happening is the story of the big studios.
I'm really interested in that one time going audience as much as they got in those people that repeat business and drive the -- that drive the gains they're big global enterprises they try to serve a global market and his niche market of -- films isn't sufficiently mature and an investment rich to them.
So are we gonna get to a point where the Academy Award for best picture goes to happy feet two.
At some point in time because it is -- any -- movies out there.
Up for these awards.
-- think of last year just a few months ago what was the pictures are -- the kids are all right Black Swan.
Fight back king's speech all independent film -- -- all finance independently but remember even when Hurt -- one winner block was nominated.
Won the Oscar for best picture it only -- sixteen.
Million dollars of the box office while the other film avatar we didn't win had done two billion.
So which -- would you rank or if you're a big global company with stock -- in the stock market.
In your one and -- -- annual long term investment plans and the other.
You name for the big target.
But you have -- a lot more minute would you sell -- changed gears a little bit here.
We love comebacks in this country instead of film industry is no different we think about Mel did city's got a new movie out right now is this kind of its comeback movie or and we have to wait for another album in a mobile Blockbuster for him.
Well my answer is.
That a -- a hand -- -- the Veba is a very difficult singled to sell I guess that have to be you know I don't mind my sometime about -- that.
I did that he's doing that is a real challenge you know if you look would have meant Kan he didn't appear that he got -- he's carrying so much baggage -- them.
That one wonders whether we'll -- create escape velocity again from his performance maybe just directing where is not on this because of the wonderful directed -- but given a break maybe he'll take advantage of -- and churn out something really wonderful and -- be a little more careful with his own personality.
Beautiful so this is indeed is what you're zombies got maybe another still mud down the road that'll be his.
His pulp fiction to instance that in terms of his comeback to John Travolta all right thanks Peter always --