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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 to hangover two in -- 2011 will see more sequels hit the theaters than ever before.
Does that mean Hollywood is running out of good ideas or studio XX is betting on a sure thing well let's ask media and entertainment analyst Peter -- -- 47 sequels this year is -- the new Hollywood model it.
No it's the old Hollywood 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 going to be it's that seduction.
This -- -- and more importantly in the next summer.
This is safe for studio -- isn't it because they don't have to worry about spending a lot of money on a movie that ain't gonna need 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 -- -- internationally to release at 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.
A does that make it easier to say let's just stick with the franchises that are tried and true rather than try something else.
When you bet and you see these franchises can be very favorably in all the markets of the world what now making their own web local repertoire.
What we call the act films.
Those are local local artists these films those countries can't make.
So this is a very great swath they can travel despite demands that still means the bat man's all these franchise that James bond's.
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 billion people who in the rest of the world which target would you aim for.
Well -- did nothing that this is doing is it's driving chasm between the franchises.
And ended things like does Sundance Film Festival TriBeCa -- -- rehab.
All a lot of smaller independent films that are good movies but then -- -- great actors that people really want to 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 he's one of those new business is a new business risk when you won't pirates you got -- one barge to barge to -- 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 and 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 no idea if everything every Friday we've got to something or rather seven.
There's an eight isn't third eight coming up this summer and it's Harry Potter the -- Harry Potter film.
What about those of us who love movies and want to see originality when 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 a moving there and even major stars 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 games they have big global enterprises they try to serve a global market.
And his niche market of art films isn't sufficiently mature and 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.
-- -- -- -- Both think of last year just a few months ago what -- the pictures are picture of the kids are all right Black Swan.
Fight back King's Speech all independent film wind has -- all finance independently but remember even when her block a one winner -- was nominated.
Who 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 started would you -- for if you're a big global company with stock -- the stock market.
In your one and you're our -- annual long term investment plans and the other.
You -- for the big target.
But you have got a lot more minute with you -- -- -- a little bit here we love comebacks in this country instead the film industry is no different what do you think about Mel Gibson he's got a new movie out right now is this kind of its comeback movie or and we have to wait for another -- in -- mobile blockbuster for him.
Well my answer is.
That a puppet a hand -- called the beaver is a very difficult singled to sell I guess that have to be you know I don't mind -- some kind of character and I did that he's doing that is a real challenge you know if you look what happened in kind he didn't appear that -- -- -- He's carrying so much baggage Wear them.
That one wonders whether we'll ever create escape velocity again from his performance maybe just directing where is not on this because of the wonderful -- -- -- but given a break maybe he'll take advantage of -- and churn out something really wonderful and NB a little more careful with his own personality.
Obvious flaws that this is indeed it is what you tell me he's got maybe another -- still mud down the road that'll be his.
His pulp fiction to -- -- -- in terms of his comeback to John Travolta all right thanks Peter always good.
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