Films/DVD Asylum

Posted by Ross (A) on October 12, 2020 at 09:33:56

In Reply to: RE: Will Hollywood survive? posted by mbnx01 on October 01, 2020 at 15:44:06

What COVID has proven first and foremost is how much of our daily lives can be conducted virtually. When daily life returns to "normal", normal will be very different than Feb 2020. It will take a long time for people to feel comfortable spending time in large enclosed places, like stadiums, concert venues, malls....and movie theaters.

Hollywood will have to adapt. They protested TV, then co-opted it. They protested VCR, then co-opted it. They protested cable, then co-opted it. The only constant is that Hollywood figured out how to make money.

I expect Hollywood to begin to focus on smaller, less costly movies, and alternative distribution models. We have seen trial balloons of straight to streaming PPV (Disney), and early reports cited good ROI.

It would be reasonable to expect more Cable and Streaming only productions. These are mostly plot/dialogue driven rather the SFX, thus less costly to produce. It is no surprise that we are seeing a proliferation of new streaming options, each with its own price tag. Looked at another way, each streaming option represents a potential stream of funding income for the provider- leading to more unique choices for the consumer to enjoy from the comfort of their own home.