Smaller, Faster, Smarter, Better
A friend of mine in the industry named Phil Cooke writes a very savvy blog about the industry, and he posted a chilling analysis of the big studio machine and the big studio stuff they make. While almost all studio movies are now super-expensive franchise-makers, even the execs at these companies are nervous. There are some ominous trends for 2016 that keep them up at night, which you can read HERE:
I am not as plugged in to creating movies at the big studio level, but what I can add as a thin ray of sunshine is that as studios gamble larger and larger brand-oriented, franchise-building movies, there is an opportunity for mid-budget investors and mid-budget companies around the globe to step in.
While a major studio can’t understand anything under $100M, there are many, many new mini-studios springing up to take the crumbs left under the table and race past these behemoths to make smaller but more consistent profits. And smaller means everyone involved in a project relaxes a bit and takes risks. Smaller means that original voices, stranger perspectives or narratives with “rough edges” make it to the final product. Minis like A24 or STX are stepping into the void left by majors to do the films the majors used to do. And the result is more “movies for grown ups” and original stories.
Granted, this is at a smaller level that cannot compete with the Avengers that dominate every cereal box and Happy Meal, but it is happening more and more. In my world of animation, I see much more success and control with smaller studios around the globe — animation houses who can generate beautiful films for $20M and under.
Would I like to make a Marvel movie? No doubt! But until that day, there are places to make good films. And GOOD FILMS are the ONLY formula that’s reliable. This seems obvious, but it should be stated again: Movie stars successfully open a GOOD FILM, not any film. Netflix will have a smash hit when they make something better than “Ridiculous 6.” And comedy, even with a little raunch, only works in the context of a GOOD FILM. The next 5-10 years will be a very interesting time for the big, slow, money-heavy, fear-based major studios, to be sure.