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Originally Posted by davem
Looks like poor old MGM may need to find a Dragon hoard ......
and as we all know from New Line's disastrous experience with the LotR movies there's simply no profit in Tolkien movies.......
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Could some kind soul elaborate on this one please? I rather naively assumed the LOTR movies had made NL a shedload of money. Or were the NL bean counters being a little creative with their final bottomline figures for the films, if only to get PJ off their back claiming that he wanted a bigger slice of the profits pie?
Moving forward, I rather think the financial crisis hitting Hollywood is both a good & bad thing. Yes it may mean some of the bigger studios either merging or going out of business altogether; but then it may mean the end of such ridiculous salary demands of some so-called "A" lists actors and their ageints with their $30m per film silliness.
Of course it will mean original screenplays will be few and far between as studios will only stick with what they know will be profitable. Much in the same way that some software houses that right computer games are more or less sticking to tedious FPS, sports franchises and not much else given the huge cost in developing & publishing a game.
I just hope The Hobbit film does get the green light, and that there's a little more honesty & transparency when it comes to watching where the profits end up