
Oy.
Is this short sighted? Warners recently closed its two art house labels- Warner Independent Pictures and Picturehouse. Evidently the films produced by the these entities: Goodnight and Good Luck, Before Sunset, In the Valley of Elah, La Vie en Rose, The Notorious Betty Page, Pan's Labyrinth didn't fit the new Warner's model. Maybe if Edith Piaf and Edward R. Morrow had been comic book characters things would be different.
Read the article and weep.
http://online.wsj.com/article/SB121936107614461929.html?mod=2_1168_1
PeterH
This just sounds like a return to the mid 80's strategy at Warners under Daly and Semel. It gave way to their more diverse output in the late 90s and beyond. I think part of that strategy was due to the advent of DVD and Warner's major role in its founding. They maybe felt like they needed more product to fill the pipeline.
ReplyDeleteWhile we'll never see a return to the levels of output seen in the studio days, I think that once they have a few mega-budget flops (which they assuredly will) they'll go back to doing smaller films too, tail between their legs.
It's ebb and flow.
This can't be good. I guess it means the studios aren't making alot of money on their independent releases. I have nothing against comic book movies. In fact, I'm a huge fan of them. But we need the other stuff to keep sane. If we see the other studios following suit, then it could be trouble.
ReplyDeleteJessel
http://vertigoeffect.com