Why blockbusters survived the web age

Despite endess choice, the books, films and music industries can't escape domination by a handful of monster hitsA monster lays waste to America's cities, smashing skyscrapers and tearing up passenger trains. It's the familiar tale of Godzilla, a mutant lizard last seen rampaging through cinemas in 1998 and now back on the big screen. Godzilla, made for an estimated $160m and opening this weekend, marks the start of the Hollywood blockbuster season another entertainment beast that never dies.Summer blockbusters may be as a predictable as bank holiday traffic jams, but a recent book from a Harvard Business School professor throws light on why the format endures from books to film, TV and music. In Blockbusters, Anita Elberse shows that big-budget films matter more than ever to Hollywood studios. In 2010, about 70% of Warner Brothers's revenues came from its four most expensive films Harry Potter and the Deathly Hallows Part I (budget $250m), Inception ($175m), Clash of the Titans ($125m) and Sex and the City ($100m) while the four with the smallest budgets contributed next to nothing. "The entertainment industry is moving more towards a winner-take-all-market," she writes. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-05-18 00:00:00 UTC ]
News tagged with: #warner brothers #entertainment industry

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Why blockbusters survived the web age

Despite endess choice, the books, films and music industries can't escape domination by a handful of monster hitsA monster lays waste to America's cities, smashing skyscrapers and tearing up passenger trains. It's the familiar tale of Godzilla, a mutant lizard last seen rampaging through cinemas... Continue reading at The Guardian

[ The Guardian | 2014-05-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #warner brothers #entertainment industry


Zara Chowdhary on Coming of Age During Anti-Muslim Violence in India and the U.S.

Zara Chowdhary’s The Lucky Ones is a devastating, timely memoir about survival, reclamation and what it means to exist on the margins of society and within your own familial unit. Zara speaks to us, raw and unfiltered, about growing up as a young muslim girl in Ahmedabad, India, in the aftermath... Continue reading at Electric Literature

[ Electric Literature | 2024-10-17 11:00:00 UTC ]
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Survival and Endurance: PW Talks with Elisa Boxer

In 'Beam of Light: The Story of the First White House Menorah,' Elisa Boxer shares a story of Jewish resilience with young readers through the history of a unique menorah. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-10-01 04:00:00 UTC ]
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Maggie Smith, Oscar-winning star of stage and screen, dies aged 89

In a career that began in the 1950s, her roles ranged from Desdemona to Miss Jean Brodie, Virginia Woolf and Minerva McGonagall• Mark Lawson: Maggie Smith was a magisterial star with the courage and talent to do absolutely everythingMaggie Smith, the prolific, multi-award-winning actor whose... Continue reading at The Guardian

[ The Guardian | 2024-09-27 13:17:05 UTC ]
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There is no future for ageing women: how The Substance uses body-horror in a feminist critique

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[ The Conversation | 2024-09-27 01:41:32 UTC ]
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Picture Books for All Ages

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Barnes & Noble’s Len Riggio, Dead at Age 83

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Senior journalists leave Sydney Morning Herald, Age and AFR in decade’s biggest talent exodus

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Can the literary festival survive without corporate sponsorship?

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Bargains on aging Midtown buildings lure Larry Silverstein

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Francine Pascal, creator of the Sweet Valley High books, dies aged 92

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Irish author Edna O’Brien dies aged 93

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[ The Guardian | 2024-07-28 16:59:31 UTC ]
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Inside Tapas Entertainment’s Plans for Webtoons, Web Novels, and Publishing

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San Diego Comic-Con for Newbies: A Survival Guide

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TMB Leans Further Into Video as Open Web Revenues Waver

The digital media company TMB, formerly Trusted Media Brands, is on pace to generate nearly $200 million in revenue in its most recent fiscal year, which ends in June, according to chief executive Bonnie Kintzer. Though the company isn't sharing financial specifics, the... Continue reading at AdWeek

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Comics Blockbusters

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‘They made it look so easy’: traditional craft of bookbinding rejuvenated for the TikTok age

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Paul Auster, American author of The New York Trilogy, dies aged 77

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