Why Studios Don't Pay to Make Movies Anymore (Analysis)

5:00 AM PST 12/13/2012 by Kim Masters

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Page 5

Warner Bros.

The studio gets high marks for making franchises (The Dark Knight Rises) and throwing the dice on iffy bets like Argo. “I’m proud that we are a filmmaker-centric studio that works with both established and new talent,” says chief Jeff Robinov. Warners hedges with partners Legendary Pictures and Village Roadshow, which in November re-upped its deal worth $1.1 billion. But, says one agent, “They’re not like others that say, ‘If you get financing, we’ll distribute it for you.’ ”