Strangled by greed

I saw an article in the BBC last week, I took notice as it collided with something else I saw, but I could no longer find it. The article (at https://www.bbc.com/news/articles/cj6er83ene6o) gives us ‘Hollywood’s big boom has gone bust’ It is here where we see “The actor and aerial cinematographer turned his hobby of flying drones into a profitable business in 2012 just as the streaming wars were taking off. For a decade, he was flying high above film sets, creating sleek aerial shots for movies and TV shows on Netflix, Amazon and Disney. Now he’s on the verge of becoming homeless – again. He was evicted from the Huntington Beach home he shared with his wife and two young children and now is being booted from the Las Vegas apartment they moved to because they could no longer afford to live in Southern California.” As I see it, it is a much simpler equation, even as we are given “the good times ground to a halt in May 2023, when Hollywood’s writers went on strike. The strikes lasted multiple months and marked the first time since the 1960s that both writers and actors joined forces – effectively shutting down Hollywood production.” You see, some people are blaming the strike, but the strike wasn’t the reason it is a interaction drive between cinematic analysts and greed driven studio bosses. Even as we see “with layoffs at many studios – most recently at Paramount. It had a second round of layoffs this week, as the storied movie company moves to cut 15% of its workforce ahead of a merger with the production company Skydance.” And none of it is the actual reason. Hollywood has decided to rely on mediocrity and the attached collection of yes nodders towards some numbers of utterly unreliability (as I personally see it). Lets take a step back to 1966, a new youngling in Hollywood came with an idea a science fiction tainted wild western called Star Trek. Lucille Ball from Desilu Productions was one of the driving forces on pushing the success of Star Trek. In the mean time the series is the longest and most successful series in history pushing 11 spin offs and 13 movies. At the end, the cancellation of Star Trek was proclaimed In 2011 “the ranked number four on the TV Guide Network special, 25 Biggest TV Blunders” and still Hollywood will not learn. Now we see other issues in 2005 a series named Threshold was created, it lasted for one season.

The TV series was really good (my personal view) and the actors including Carla Gugino, the youthful young sprout who played the ex of Dwayne Johnson in San Andreas, Brent Spiner who played the mad scientist in Independence Day, Charles S. Dutton known for many roles, Rudy being one of them, Peter Dinklage who shined in Death at a Funeral and the game of thrones. The TV series was drenched in achieved talent, however as the TV series didn’t get the desired ratings, the series were dropped. Star Trek wasn’t enough of a lesson for Hollywood. And this wasn’t the only lesson. Defying Gravity (2009), Firefly (2002), Doll House (2009) all series dropped for the mere reason that it wasn’t bringing in the cash from day zero. As I see it Hollywood hasn’t gone bust. The audience has stopped putting their faith in Hollywood productions. An entity that doesn’t seem to comprehend Science Fiction and Fantasy is the maker of imaginary worlds? 

We see a whole range of attached reasons, but the number one reason isn’t shown. The fact that advertisements aren’t of interest to people and that is the one thing that drives players like Netflix. TV stations are fed that advertisement is the drive of all entertainment business and to some extent this is partially true. The fact that the people after 50 years still look forward to some form of Star Trek is because it is a more surreal form of escapism and that image isn’t clear to Hollywood. I see it as a reason why Canada and Australia are growing players in this field. In Hollywood every dollar needs to be spend at least twice to become valid and all that time writers are massively underpaid. I see it as the number one reason why we will soon see an overshadowing of Hollywood by Dubai Media and the MBC group. And that is before Hollywood figures out that the people demand continuation of the story. The number one issue around Threshold, Defying Gravity, Firefly and Doll House. The are regarded as not ‘profitable’ but they are represented by millions of watchers who wonder what comes next and too many of these disappointments of cancelations are getting to them and now they look at places where there is continuation. 

My initial view is that someone needs to take a hard look at how ratings are measured, because I think that is the core of the issue. I refuse to believe that some cancelations are valid. Consider the series Lucifer, it was booted at season 3, taken over by Netflix who did 3 seasons more. Now we see “In 2021, Lucifer was the most-streamed original series in the U.S., with 18.34 billion minutes viewed”, so how is that not a success and it makes us wonder what drove the cancelation by Fox? The stream data contradicts the Fox statement that is was a “ratings-based decision”. I think that this is happening too much and as such I have doubts that there is a issue with how ratings are ‘found’ and those in that area together with some analysts are setting the stage for whatever they think that matters, but that is merely my view on the matter.

I see it that greed driven decisions by some are strangling others from fulfilling their view. Avatar (2009) made $2,923,706,026 and I get that, but is it better than Oppenheimer (2023) $975,594,978? As I see it Wall Street wannabe’s are tainting the field of artistic achievements and I get that revenue is part of the equation, but Hollywood was the place of dreams, it has now become a nightmare for many players. Why is that? 

Enjoy the weekend.