I don’t think it’s that. Still plenty of good ideas they just get bought and shelved.
If we look at the history of Hollywood in recent decades, periods of remakes/“existing viewer franchise” properties always come at times of economic retrenching.
It’s risk aversion from investors. They’d rather a smaller but predictable level of return on everything than having studios take some creative chances.
Which is where @MNByChoice’s point comes in, the fewer parent companies the more this becomes normalized.
I don’t think it’s that. Still plenty of good ideas they just get bought and shelved.
If we look at the history of Hollywood in recent decades, periods of remakes/“existing viewer franchise” properties always come at times of economic retrenching.
It’s risk aversion from investors. They’d rather a smaller but predictable level of return on everything than having studios take some creative chances.
Which is where @MNByChoice’s point comes in, the fewer parent companies the more this becomes normalized.