Are We Going Through A TV & Film Nostalgia Burnout?
“It’s become riskier and riskier for studios to produce big-budget films,” says Bob Woolsey, administrative and production manager at Vancouver Film School. “There’s too much competition from streaming services. Now that folks know they can watch something at home, they’re less compelled to go out and see something if it doesn’t really hook them. In order to make sure that hook gets in there, advertising budgets are huge. So much so that one or two flops can take a studio down. With that much on the line, it’s pretty easy to see why studios are sticking with safe bets.”