With recent news that MGM is on the chopping block and the current debate on what the company will head/who it will turn to in the near, dire future, the overall change that seems to be going on in Hollywood (and in the world of film entertainment altogether) shines more and more apparent – that is, what it means (and costs) to make movies these days.
Whether it’s Tom Cruise buying United Artists the same year a Tom Cruise-headlined movie did NOT make $100 million domestic or Paranormal Activity grossing over $100 million domestic with a budget of 15 grand and an ad campaign costing not much more, the tides have seemed to turn over. Big studios continue to go big ($200 million tentpoles) but no longer rely on domestic B.O. numbers. Sure, the $65 million take Sony’s 2012 took in in the States was nice, but it was the $160 million from other countries it was always counting on. Moviegoers overseas are less-jaded with the spectacle of cinema, and the people behind the big desks in Los Angeles know this. Read the full story


