Lagamorph wrote:Jenuall wrote:rinks wrote:Jenuall wrote:I imagine the studios are more desperate than ever to get people seeing their movies somewhere so the streaming services are probably having a field day right now
From what I’ve heard, it’s more the other way round. The streaming services are desperate for new content, because all production was put on hold for months.
Yeah I imagine thereare pressures on both sides, but with the streaming platforms I imagine it's less. They have incumbent subscribers who are relatively unlikely to ditch them immediately if new content doesn't appear for a while so that's a pretty steady revenue stream. Whereas if you are a content producer who is sat on a new big budget movie with literally no way to make money back on that now or in the near future then you are going to be feeling a considerable squeeze!
Thing is big film studios keep delaying their releases. They seem desperate to cling to the old model of big cinema releases and Blu-Ray/DVD sales before letting their big budget releases hit streaming services.
They've got a valuable asset so they'll want the maximum return for it, but that value and the model previously used to justify it is looking more antiquated by the minute. From the surface level you can see why they would want to cling to the traditional model because it is so well understood, but it just may not be feasible any more, or at least for a while now.
Ultimately financing movies is big business and those who invested in things like the new Bond will be getting very shaky about what kind of return they'll see, and possibly even more importantly right now, when they will see it.