Disney lost $100M+ on "Wrinkle in Time" ahahahahahaha CAN'T BREATH!
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If it's losing money it's being subsidized by *someone*. The question is whether that someone cares about losing money and how likely they are to run out of money
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I don't think Soros is paying for bad movies to be made. He's more into paying for putting on parties where people decide to make bad movies.
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It takes more than cocktail parties to convince studio execs to take multimillion-dollar losses, over and over again. It's as if risk isn't even a factor. But that can't be true. They know someone will reimburse their costs.
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Maybe they think they can't make the profitable ones if they don't make the loss-making ones. Maybe they're right. Maybe they don't care as long as there are enough profitable ones to cover it.
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That, after all is how newspapers worked until very recently: papers published a lot of journalism that cost more than it was worth, but they believed it was their duty and there was enough profitable stuff to cover the cost.
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I posit that H'wood is not only on the same trajectory as newspapers, but that they are also at or near the same point on the trajectory. Yet: -Newspapers are on life support without hope of recovery -H/wood is surviving, with a fair prognosis The difference is investment.
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