3 ms·
Boom & bust is the business model for TV/Film/Music unfortunately, but it is what it is. That's what creates opportunities for "new" things - shows, up and comi
by 6stringmerc 10y ago
Boom & bust is the business model for TV/Film/Music unfortunately, but it is what it is. That's what creates opportunities for "new" things - shows, up and coming musicians, film stars, writers, directors, producers...on and on. Tastes change and the business and money go where they can get a return on investment - or a chance to do so. Risk vs. Reward.
For context though, I saw a really well respected Executive Producer discussing how he invested in films (recently "The Revenant") and was getting critical acclaim and doing well. He was grateful for his partnership with Fox for distribution...then noted that revenue wise, Fox Studios for film was approximately $700 Million of revenue in a given year, whereas Fox News was $1.X Billion and Fox Sports was also $1.X Billion.
In the big picture competition is extremely fierce and spread out even beyond the Sitcom-with-Kevin-James / NCIS-Your-Mom's-Backyard / Zombies-who-break-into-song-and-dance-numbers pieces that get cranked out year after year and don't stick.