asterisk2a + businessmodel + blockbuster   1

BBC News - Is Hollywood's blockbuster model broken?
The irony is that Spielberg almost singlehandedly invented the blockbuster genre. When his film Jaws was released in 1975, Hollywood realised that making a few big-budget films a year that appealed to the masses was more lucrative than making dozens of smaller ones, and a business model was born. Since then budgets have soared and artistic merit has taken a back seat. [...] After a wave of acquisitions in the 80s and 90s, the six "majors" that dominate global box office are now parts of massive media conglomerates. They have found ways to both boost profitability of their films and mitigate the risks associated with making such huge investments. [...] The first thing the studios have done is spread the risk by getting dozens of smaller production companies to invest alongside them, reducing their exposure to a potential flop.
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december 2013 by asterisk2a

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