Tuesday, November 8, 2011

Why Do We Ignore Economics When We Think About Movies?

Charlie Jane Anders reports on a studio executive's public admission that the big studios make bad movies. This is no big surprise, but what's most interesting is the reasons he gives: he says, paraphrased by an audience member, "almost nobody can afford to do what James Cameron did with Avatar, and he's proud of A Beautiful Mind — but he wouldn't do it again because he'd rather make money than make critically acclaimed award bait." Bingo! (Original article here.) Interesting because it exactly reproduces the same argument made here about business interests superceding artistic goals as media become more complex and more expensive.

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