Friday, July 10, 2009

Medium budget films too risky for Hollywood economy

In a recent episode of KCRW's The Business, host and Daily Beast writer Kim Masters and two of her journalistic comrades, Jonathan Horn, staff writer for the Los Angeles Times, and Stephen Galloway executive editor of the Hollywood Reporter magazine, concurred with my prognosis that mid-level Hollywood films are dying, possibly already dead.

"Movies are more about concept than stars," said Horn. Which explains Transformers, Spider Man, The X-Men, Hangover, and, uh, Transformers 2. High-concept movies are nothing new, but they used to be a tasty desert on the Hollywood studios' menu; now they are the main course.

It looks like they will soon be the only dish that Hollywood serves.

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