With the studios growing more and more risk adverse, the corporate side of film is shrinking. Studios have been laying off, agencies are consolidating, and management companies are closing shop. On the independent end, entrepreneurs are taking more and more of the market share.
Making movies has always been abpout taking the right risks. All the work that was done in the 80's and 90's to take the risk out of film altogether is why Hollywood seems like it's falling apart today - the reality of our industry is bouncing back. All that corporate padding and middle management that arose to support a more shareholder-driven Hollywood is restructuring around the reality that while some kinds of movies can support a publicly owned company, the film market as a whole isn't driven by continued risk mitigation.
If you're looking for a meal ticket, you're going to have an increasingly hard time of it.
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