[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

RMN is Reader Supported

Our Goal for DECEMBER:
$3000

Powered by FundRazr

Click Widget
or Click Here to contribute.

Checks & Money Orders:

Raye Allan Smith
P.O. Box 95
Ashtabula, OH 44004


Users Online:
55

Who Founded RMNews?



Dewitt Jones' Video
"Celebrate What's Right
With The World"


"When the
Starships Fly!"

Listen at YouTube



Join Rayelan's YahooGroup. Get Breaking News, photos that will warm your heart and more!

Click to join Rayelan
Click to join Rayelan

Do you send exciting and timely information to your special emailing group? How about joining the Rumor Mill News Yahoo Group and start sending RMN your emails?

Click to join RUMORMILLNEWS
Click to join RUMORMILLNEWS

RSS feed FOR READING the RMN YahooGroups


The Theme for The Obergon Chronicles

Listen at YouTube


The Obergon Chronicles ebook


RUMOR MILL
NEWS RADIO


RAYELAN.COM

COMMON GROUND
INDEPENDENT MEDIA


RMN 2012
Earthquake Link List!

Compiled by Earthgrid!


THE OBERGON
CHRONICLES


DIANA, QUEEN
OF HEAVEN


THE DIANA FORUM

ACTIVATED CELLULAR MEMORY

TEMPLAR PROSPERITY MEDITATION

WHAT ARE
THE FACTIONS?


THE AMAZING
RAYELAN ALLAN


BIORHYTHMS

LOTTO PICKS

OTHER WAYS TO DONATE

DIANA,
QUEEN OF HEAVEN:
The New World Religion


CURRENT MOON




RUMOR MILL NEWS AGENTS WHO'VE BEEN INTERVIEWED ON RUMOR MILL NEWS RADIO

______________

NOVEMBER 2008

Kevin Courtois - Kcbjedi
______________

Dr Robin Falkov

______________

Melinda Pillsbury Hr1

Melinda Pillsbury Hr2

______________

Daneen Peterson

______________

Daneen Peterson

______________

Disclosure Hr1

Disclosure Hr2
______________

Scribe
______________

in_PHI_nitti
______________

Jasmine Hr1
Jasmine Hr2
______________

Tom Chittum Hr1
Tom Chittum Hr2
______________

Kevin Courtois
______________

Dr Syberlux
______________

Gary Larrabee Hr1
Gary Larrabee Hr2
______________

Kevin Courtois
______________

Pravdaseeker Hr1
Pravdaseeker Hr2
______________

DECEMBER 2008

Tom Chittum
______________

Crystal River
______________

Stewart Swerdlow Hr1
Stewart Swerdlow Hr2
______________

Janet Swerdlow Hr1
Janet Swerdlow Hr2
______________

Dr. Robin Falkov Hr1
Dr. Robin Falkov Hr2
Dr. Robin Falkov Hr3

JANUARY 2009 ______________

Patriotlad
______________

Patriotlad
______________

Crystal River
______________

Patriotlad
______________

Dr. Robin Falcov
______________

Patriotlad

FEBRUARY 2009

Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies, Spirituality,
Home Schooling, Home Mortgages and more, in:

The Rumor Mill News Reading Room

Box Office Meltdown: Hollywood Races to Win Back Summer Crowds

Posted By: RumorMail
Date: Wednesday, 10-Aug-2016 22:33:34

Boo Hoo.. Try a lil TRUTH HollyWeird..

On paper, the film, a $140 million adaptation of a beloved children’s book with a script by “ET” writer Melissa Mathison, had all the makings of a hit. Instead, the movie collapsed at the multiplexes, eking out less than $20 million in its opening weekend.

It’s a stunning fall for one of cinema’s highest-flying talents — a director whose finger was affixed to the pulse of mainstream tastes for decades. Yet “The BFG” is only the latest high-profile casualty in a summer that’s seen a slew of big-budget domestic bombs. Indeed, red ink has spilled out from such misses as “Alice Through the Looking Glass,” “Warcraft,” “The Legend of Tarzan,” and “Teenage Mutant Ninja Turtles: Out of the Shadows,” each of which had production budgets north of $130 million, along with steep global marketing and distribution costs. The failures could cost their studios tens of millions of dollars.

Photographs by Adam Voorhes; Prop Styling by Robin Finlay

More troubling is what the downturn may portend for the future of the film business and moviegoing overall.

“The theater business has weaker prospects going forward than at any time in the last 30 years,” says media analyst Hal Vogel. “It’s encountering visible strain this summer. It’s a superhero, mega-blockbuster, tentpole strategy run amuck. There’s too much of it, and it’s not working.”

Those weak prospects will likely affect financing. Chris Spicer, Akin Gump entertainment and media partner, says investors may move away from film into other media, such as gaming or virtual reality. “They will look at financing opportunities in the broader media context,” he argues.

There have been hits, particularly for Disney, with Pixar’s “Finding Dory” and Marvel’s “Captain America: Civil War” together racking up $1.8 billion worldwide.

Year to date, receipts are up 2%, thanks largely to winter hits such as “Deadpool” and “Zootopia.” Blockbuster season is a different story. Ticket sales are down roughly 10% this summer, but the slide is more precipitous than those numbers suggest. Rising ticket prices, fueled by 3D, Imax, and other premium formats, have enabled the industry to paper over a huge gulf in attendance. On a per-capita basis, the moviegoing audience is at its lowest levels in nearly a century. Most disturbing, millennials are avoiding theaters.

The audience of 18- to 39-year-olds has declined over the past five years, according to the Motion Picture Association of America.

“There are pockets of age groups and demographics that have not been inspired by what they’re seeing in movie theaters,” says Bud Mayo, president of Carmike Cinemas’ alternative programming and distribution division. “With social media, the reaction time is instantaneous. If kids don’t like it, word spreads.”
“Repeating the same kind of content over and over doesn’t really make sense. If you don’t give people something that’s fresh and new, they’re not going to show up.”
Mike Medavoy, producer

As studios cater to fanboys, flooding theaters with superhero films and diving deeper into the comic-book canon, the business becomes more niche. Frequent moviegoers, defined as those who go to theaters at least once a month, are responsible for nearly half of domestic revenue. In 2015, total tickets purchased by this group increased by 2.9 million, but the ranks of these habitual consumers fell by 3.7 million.

At the same time, TV and online content continues to be compelling, with production values that rival those on the big screen. For a new generation of cinephiles, Ned Stark being separated from his head on “Game of Thrones,” or Walter White cooking meth in his underwear in “Breaking Bad,” are pop-culture totems. Little of what’s in the cineplex has that kind of impact.

“There has been a shift in the way that people are consuming content, and it’s moving away from the big screen,” says Bruce Nash, founder of the box-office tracking site The Numbers.

Producer Mike Medavoy says the box-office malaise is symptomatic of the larger problem of engaging moviegoers who have a wide variety of alternatives, from Netflix to Pokémon Go. “I’ve been deeply concerned for a long time by the fact that there are so many other options besides movies,” he says. “Millennials can play games or watch movies at home on a big screen, so repeating the same kind of content over and over [at the movie theater] doesn’t really make sense. If you don’t give people something that’s fresh and new, they’re not going to show up.”

It’s a looming disaster that’s been more than a decade in the making. Some of it is self-inflicted, brought about by a mixture of greed and fear, aided by a profound and troubling lack of imagination. The consequences add up to a business that feels increasingly irrelevant.

What’s lacking is originality. So far, only one new blockbuster franchise has emerged out of the summer — Illumination’s “The Secret Life of Pets.” Warner Bros.’ big-budget bet, “Suicide Squad,” a hotly anticipated superhero movie, is tracking well, but it’s not entirely new, springing from the DC Comics cinematic universe.

FEWER SALES PER PERSON
As ticket prices have soared, per-capita annual purchases in the domestic theatrical market have plummeted


Read More




If you enjoyed this article,
Please consider a monthly subscription to Rumor Mill News!!


RMN is an RA production.

The only pay your RMN moderators receive
comes from ads.
Please consider putting RMN in
your ad blocker's whitelist.

Serving Truth and Freedom
Worldwide since 1996
 
Politically Incorrect News
Stranger than Fiction
Usually True!


Powered
by FundRazr
Click Widget
or Click Here to contribute.


Aquasana Home Water Filters

^

Organic Sulfur 4 Health

Aquasana Home Water Filters

TEMPLAR PROSPERITY MEDITATION

^


AGENTS WEBPAGES

Provided free to RMN Agents



Aquasana Home Water Filters




Organic Sulfur 4 Health

TEMPLAR PROSPERITY MEDITATION

^


AGENTS WEBPAGES

Provided free to RMN Agents



[ DONATE TO RMN ] [ Return to Main Page ] [ Read Prev Article ] [ Read Next Article ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

The Rumor Mill News Reading Room is maintained by Forum Admin with WebBBS 5.12.