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Will the Hollywood Blockbuster become a casualty of the COVID-19 crisis? Who knows how those massive, mega-budget films will fare if there isn’t much of a movie exhibition business left after the pandemic. Imagination Connoisseur Guy Lloyd Broyles, III, explains.
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Greetings RMB, I hope you and your friends + family are well. I’ll get right into it as to not take too much of your time.
So, for the sake of my question, let’s assume movie theaters don’t make it through these dark days. I’m actually one of those people who wouldn’t miss them, I’d be more than happy to pay extra to not have to go and watch at home.
That said, I really hope they can find a way to make it through. I’d never root for something that people love to go away.
Anyway, my question is concerning big blockbuster movie budgets in a post theater world. I feel it goes without saying there would a big shake up to the big budget film landscape. From the research I’ve done and just as a fan on the outside of film production, looking in, it seems the 200 – 300 million budget films have ballooned that high unnecessarily. It feels like they spend money very frivolously just because they know they can.
I know The Invisible Man (2020) isn’t in the same league as huge budgeted films, but that movie looks great and was made for 7 million, the first Deadpool is a good example of making a big budget film but also being sensible with their spending.
So do you think there’s anything to the idea of filmmakers producing big budget movies while still being relatively frugal while doing so? If so, do you feel it significantly lower production costs?
Thanks my brother, the world needs more cats like you!
Your friend and fan,
Editor’s Note: Guy followed up this letter with a second one today (November 27) …
I fall into a small category, I’m starting to think if movie theaters go away it may create an overall film environment that would appeal to me more than the pre-pandemic one. I’d be happy to pay more for films if it meant I didn’t have to go to a theater to see them.
More importantly, it could mean we get more smaller or mid-budget films, as Kevin Smith says, the less money a filmmaker is given for a film, the less input they’re given from the people who have a stake in the success of the film. If a movie isn’t required to earn a billion dollars to make a profit, there would be less emphasis to make them as PC as possible so they appeal to the lowest common denominator.
Just some of my personal thoughts. Yours?
My best to you and yours.
A friend & fan,