Why Studios Don't Pay to Make Movies Anymore (Analysis)
Fewer films, farmed-out risk, less cachet -- why Hollywood now operates under dramatically different rules.
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.’ ”
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