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this post was submitted on 22 Nov 2024
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[off topic?]
Frank Zappa siad something like this; in the 1960's a bunch of music execs who liked Frank Sinatra and Louis Armstrong had to deal with the new wave coming in. They decided to throw money at every band they could find and as a result we got music ranging from The Mama's and The Papas to Iron Butterfly and beyond.
By the 1970s the next wave of record execs had realized that Motown acts all looked and sounded the same, but they made a lot of money. One Motown was fantastic, but dozens of them meant that everything was going to start looking and sounding the same.
Similar thing with the movies. Lots of wild experimental movies like Easy Rider and The Conversation got made in the 1970s, but when Star Wars came in the studios found their goldmine.
But even then, there were several gold mines found in the 1990's, funded in part due to the dual revenue streams of theater releases and VHS/DVD.
You've got studios today like A24 going with the scatter shot way of making movies, but a lot of the larger studios got very risk adverse.
Just saw Matt Damon doing the hot wings challenge. He made a point about DVDs. He's been producing his own stuff for decades. Back in the 1990s the DVD release meant that you'd get a second payday and the possibility of a movie finding an audience after the theatrical run. Today it's make-or-break the first weekend at the box office.