I think this does a great job with just a few words in explaining the complex dynamic impacting many of the types of movies being created by people on this site:
Apparently indie film's oldest problem has just flipped. For years, the complaint was too many movies chasing too few buyers. Now, after a record $4.7B summer box office, dealmakers say distributors are hungry and there aren't enough distinctive, broadly commercial films to sell them. Why buyers are hungry:
Two big recent festival deals, 'Obsession' ($15M at TIFF) and 'The Invite' ($12M at Sundance), both came out of bidding wars.
Moviegoers are showing up for more than just tentpoles. 'Obsession' has made $500M+ worldwide, 'Backrooms' $400M+, and 'The Invite' $60M.
Most recently, 'Primetime' opened above $19M domestically late last month on a $15M budget.
What's squeezing the supply? Two things, according to dealmakers. Everyday line items like craft services and transportation have made U.S. shoots prohibitively expensive, so fewer films get made. The second is what happens after theaters. Indies used to count on a reliable second payday from licensing their films to pay-TV channels. Now that studios own their own streamers and stock them with their own movies, those deals have dried up, which leaves buyers less willing to gamble on anything short of an obvious hit.
Some filmmakers aren't buying this story. They argue plenty of movies exist and distributors just lack the nerve to back them. The programmer who premiered 'Obsession' (made for just $750K, exactly what a cautious buyer passes on) says the bigger issue is distributors underinvesting in getting films in front of audiences.
Looking ahead… One of the two problems has a possible fix in Congress right now. A bipartisan tax credit bill, introduced last month, would cover 20% of a film's labor costs (30% for indies) and stack with state incentives. The other problem, how indies earn money after theaters, has no fix in sight.
You know, I’ll name a fairly obvious film that had very poor box-office results, but honestly, I really liked it: Equilibrium.
They even cancelled plans for a sequel because of the film’s poor box-offi...
Expand commentYou know, I’ll name a fairly obvious film that had very poor box-office results, but honestly, I really liked it: Equilibrium.
They even cancelled plans for a sequel because of the film’s poor box-office performance. And honestly, I would have made the sequel. I really enjoyed the film.
As for why a particular film doesn’t perform well at the box office, I think it’s impossible to determine one exact reason why it happened.
You know, it’s like paintings. Take Van Gogh’s paintings. Van Gogh lived in poverty for most of his life. And it’s not like you could say he was a bad painter. You can’t say he didn’t know how to paint. Today, his paintings are worth millions, but during his lifetime, they were worth almost nothing.
What was the reason? Nobody really knows. You can’t say that nobody knew he was painting. People knew.
So I think trying to understand exactly why a particular film fails at the box office is almost impossible. Cinema is art, and art is a risky thing. Something may connect with an audience, and something else may not.
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Mine is THE FALL by Tarsem. One of the most visually stunning films I've ever seen, shot on real locations all over the world, and it barely got a release. My guess on what went wrong: no stars to sel...
Expand commentMine is THE FALL by Tarsem. One of the most visually stunning films I've ever seen, shot on real locations all over the world, and it barely got a release. My guess on what went wrong: no stars to sell it, a story that's hard to pitch in one line, and a trailer that can't capture what those images feel like on a big screen. Years later people keep discovering it, which says a lot about how strong images can outlive a weak release.
Diablo Cody's movie "Jennifer's Body" is the perfect example of marketing killing a movie. It is a Diablo Cody movie, so it is smart and funny...which is hard to do in a horror movie. A horror comedy...
Expand commentDiablo Cody's movie "Jennifer's Body" is the perfect example of marketing killing a movie. It is a Diablo Cody movie, so it is smart and funny...which is hard to do in a horror movie. A horror comedy with more feminist subtext than you can shake a stick at. And the cast? Megan Fox, Amanda Seyfried, Chris Pratt has a small role.
And the studio marketed it as "Megan Fox is HOT!". That's it. The fact she turned in a great performance in a ... well it's darker than a dark comedy what with all the cannibalism and murders and such.. but it is still very funny in parts. They decided to pitch it to teenage males... who shouldn't have been able to get into the theater anyway given it's an R rated movie... and 51% of the people who did buy tickets were still women.
Two that come to mind for me are Thoroughbreds (2018) and A Most Violent Year (2014).
I loved Thoroughbreds. Cory Finley made something that was smart, stylish, darkly funny and genuinely unsettling, a...
Expand commentTwo that come to mind for me are Thoroughbreds (2018) and A Most Violent Year (2014).
I loved Thoroughbreds. Cory Finley made something that was smart, stylish, darkly funny and genuinely unsettling, and Anya Taylor-Joy, Olivia Cooke and Anton Yelchin were all terrific. I always thought it deserved a much bigger audience. My guess is the biggest issue was positioning — it lives somewhere between a dark comedy, thriller, satire and coming-of-age movie, and that’s not an easy thing to sell in one clean campaign. It also came out before Anya and Olivia had the level of recognition they have now, so the cast couldn’t quite do the heavy lifting for the marketing yet.
A Most Violent Year is another one. J.C. Chandor had Oscar Isaac and Jessica Chastain giving great performances, and the movie was very well reviewed, but I think the title and campaign set up the wrong expectation. It sounds like you’re about to see a hard-edged gangster or crime thriller, when it’s actually a much quieter, more restrained movie about ambition, morality and compromise.
To me, both are examples of how a really good movie can get caught in that gap between what the film actually is and the easiest version of it to market. Sometimes the audience is there; they just weren’t given the clearest reason to show up.
Kiss Kiss Bang Bang was sooo good!