The motion picture feedback loop
We often perceive culture as something that happens to us rather than something we help create. Let’s flip the script.
I came across this Note on Substack last week:
I agree with his point. This isn’t a good sign for our culture. I went further and asked, “Is it the culture that’s stagnated, or is the industry stagnating the culture?”
The TLDR answer is: it’s both.
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What's creating this stagnation?
I want to put forth three1 primary drivers for what studios currently produce and the resulting list of top grossing major motion pictures:
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1. The industry is minimizing its risk.
It costs an average of $100 million to produce and market a major motion picture. Google AI (still experimental) says that the average is $120 million in 2024 with “a significant portion of that budget allocated towards marketing costs, often exceeding the production cost itself.”
The folks investing the money to produce a motion picture want to see it turn a profit or at the very least, not lose the studio any money. The emphasis on marketing spend reeks of fear — fear that …
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