Movie industry after Covid-19
Has anyone here thought about the movie industry after the pandemic? I think it's looking grimmer and grimmer because banks will less willingly loan small movie studios. That means fewer movies except for big blockbuster, which means less cash and fewer viewers. Overall all the situation looks more and more desperate.
What do you think? |
I think it’s too early to tell yet. With many theaters re opening now, along with Drive ins experiencing a resurgence, we’ll have a clearer picture after fall and winter.
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Will China become villain in Hollywood movies like Russia was in the cold war or the left’s total dominance of Hollywood nowadays will ensure that China is spared ?
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Re: Movie industry after Covid-19
I'm thinking that smaller movies will be more able to get loans because they are smaller, less risky loans. In better times, I see a lot of low budget indy films that have tiny budgets. The audiences are expected to be small so nobody is worrying that a movie that doesn't do 50 million on opening night is a crash and burn. Low budget movies generally take a while to make money, don't make anybody rich but often they do make a profit, assuming that your expectations are right.
It will be interesting to see how the profit model works for streaming movies and whether big budget movies ever make that work. I'm thinking that the studios are holding their breath, hoping that this is over "soon" (whatever that means) and that the blockbuster model can be revived. I don't know whether that will ever work the same way, but, like it or not, the experiment is ongoing now. The movie world survived after World War II. During the war, budgets were small and movies were pretty much turned into propaganda or cheesy escapist trifles. That went on for 4 years, but after the war, Hollywood went on to bigger and better things. |
Originally Posted by samlarson (Post 2119897)
Has anyone here thought about the movie industry after the pandemic? I think it's looking grimmer and grimmer because banks will less willingly loan small movie studios. That means fewer movies except for big blockbuster, which means less cash and fewer viewers. Overall all the situation looks more and more desperate.
What do you think? |
A lot of the industry re-emergence in the U.S. may rest upon what California does. If they soon realize that this covid thing was a vast over-reaction, and rescind much of the unnecessary lockdowns, distancing, etc. the industry will come back pretty quickly.
Until then I imagine that many film makers will be looking at more friendly states for movie making to locate their productions. We'll see. |
Originally Posted by GulfportDoc (Post 2121650)
A lot of the industry re-emergence in the U.S. may rest upon what California does. If they soon realize that this covid thing was a vast over-reaction, and rescind much of the unnecessary lockdowns, distancing, etc. the industry will come back pretty quickly.
Until then I imagine that many film makers will be looking at more friendly states for movie making to locate their productions. We'll see. The death toll is nothing to sneeze at, after all. |
Originally Posted by Wyldesyde19 (Post 2121965)
That implies it was an overreaction. Even *if* one concede it *may* have been, it is always better to be safe than sorry in these situations.
The death toll is nothing to sneeze at, after all. "Safety" is the new totalitarianism. And if the public continues to buy into it, there can be no limit to it's application. |
Originally Posted by GulfportDoc (Post 2122050)
Yours is a common sentiment. But I disagree. The CDC has admitted that only 6% of the deaths attributed to covid in the U.S. were actually caused by covid.
And I suspect you'd be surprised at how mild some of the other illnesses can be, if of course you decide to interrogate these numbers rather than reflexively accept them out of confirmation bias. Regardless, this thread is about the business impact, and should stay on that topic. |
Originally Posted by GulfportDoc (Post 2121650)
If they soon realize that this covid thing was a vast over-reaction, and rescind much of the unnecessary lockdowns, distancing, etc. the industry will come back pretty quickly.
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Originally Posted by Stirchley (Post 2122157)
Yes, the industry might “come back pretty quickly” & the virus could too.
At one point in my life I actually worked in epidemiology and, it's a game of numbers when you post daily figures and calculate flattened curves, but when it's someone's family member, it's actually real and the brutal question is about how many deaths a movie is worth. I had a few close calls and had to get out of that line of work. |
Originally Posted by samlarson (Post 2119897)
Has anyone here thought about the movie industry after the pandemic? I think it's looking grimmer and grimmer because banks will less willingly loan small movie studios. That means fewer movies except for big blockbuster, which means less cash and fewer viewers. Overall all the situation looks more and more desperate.
What do you think? So I thought therefore that smaller scale movies, would be easier to make during covid times, unless I am wrong? |
Originally Posted by ironpony (Post 2124031)
But wouldn't big blockbusters be harder to make now, because big blockbusters have larger casts, and more people on the shoots, where as movies that are not big blockbusters, usually have smaller casts, and less people working on the shoots.
So I thought therefore that smaller scale movies, would be easier to make during covid times, unless I am wrong? The results are a wild card. World War II was a similar body block to the movie industry, which had to re-tool overnight, replacing actors who were drafted, going low budget and tailoring scripts to the sentiments of the moment. Movies were considered to be essential to public morale, but had to adapt. This will definitely re-adjust the whole theater-streaming balance. I think it's interesting considering just how tired I had gotten last year of big budget action movies, with millions spent on digital FX, that were really no more interesting than a 30 minute TV show other than having big explosions, car wrecks, etc. It's time for a change and now it is upon us. |
Re: Movie industry after Covid-19
The interesting thing is, is that now Hollywood movies have so much worse because a lot of movies are trying to be 'woke' now, and that is just getting worse, especially with the new Oscar requirements for it.
So now are we going to have a bunch of woke movies, but because of covid, they cannot afford the big budget action and FX now? So now woke movies, aren't going to have those positives either, are just going be low budget covid compromised woke movies? |
Re: Movie industry after Covid-19
The "woke" question is interesting. Given the production time, the plague will probably be on the wane before the movie pipeline catches up, but we will probably get those movies anyway. Movies about people getting sick seem like they'd be cheap on the FX, a lot like those made-for-tv, ripped from the headlines movies that have waxed and waned.
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Re: Movie industry after Covid-19
I think the bigger problem is that progressive opinion is often subject to constant revisions and increasing arcane purity tests, so the vanguard opinions tend to outflank the moderate ones. This means that even with a quick turnaround time, even very progressive notions in these shows are at danger of seeming retrograde to the kinds of people who would value them. The very first review of Woke I saw noted it seemed behind the times already. That's just built into the nature of the ideology.
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Re: Movie industry after Covid-19
Oh okay, are you saying that the woke agenda in a lot of Hollywood will be in the past soon theoretically then?
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Re: Movie industry after Covid-19
If I was an inspiring film maker, I'd be getting on it and making a quickie, personal type film with just a few people...Sort of like what was done with Coherence (2013). I don't mean the sci fi story stuff but the structure and type of film..It's a drama mystery set in a house and on a street and done with a small budget. I'd then stick my movie on Youtube and make it $1.99 for streaming.
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In Canada we are seeing productions back up and running. The amount of money being spent on safety guidelines on set is being taken away from some shows budgets. Only a certain number of people allowed on set, lunch is very strict, etc.
Still too early to tell but I finally got called back to work full time at the end of August and not everyone I work with is back to full time. Once Nightmare Alley (Del Toro film) is back up, I hope the other employees will be back to full time. |
Re: Movie industry after Covid-19
Ontario had a second lockdown and many businesses went back on hiatus...but not the film industry. I guess cause we're essential? That can't be right, it must be because we bring in millions of dollars to the province. I guess money talks during a pandemic.
I hate it. |
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