Filmmaking / Directing : Sony Entertainment Touts Financial Discipline, Announces Reduced Film Slate by Andrew Heard

Andrew Heard

Sony Entertainment Touts Financial Discipline, Announces Reduced Film Slate

http://www.hollywoodreporter.com/news/sony-entertainment-touts-financial-discipline-658568?mobile_redirect=false#!/news/sony-entertainment-touts-financial-discipline-658568

Sony Entertainment Touts Financial Discipline, Announces Reduced Film Slate
Sony Entertainment Touts Financial Discipline, Announces Reduced Film Slate
UPDATED: Michael Lynton also lauds the studio's work with big-name talent, such as Will Smith and Adam Sandler, while Amy Pascal says the firm is reducing its number of summer movies next year from ni…
Richard "RB" Botto

This is one of those sea change indicators that few are reporting in any significant way. "Financial discipline" is just another way of saying "We got killed this year"

Andrew Heard

That is true. The only reason to do this type of thing is losing money.

Matt Milne

so they do less, and still lose money. They need to tackle the causes and not just cut back.

Andrew Heard

I'm sure cutting back is the beginning of a much bigger process.

Richard "RB" Botto

Agreed.

Matt Milne

Hopefully they'll reinvigorate their entertainment approach. With 3dtv being a bust, the ps4 plagued with teething problems, and the film and music departments struggling, it's going to be a big challenge.

Andrew Heard

My guess is they haven't survived this long in this economy without innovating and adapting to the new reality. They'll find a way.

Shawn Dawes

It's the same thing the majority, if not all, studios are doing. Cutting back, and turning to acquisitions. The only problem with that is they still have to market their products. Why not change up the gameplan and create low budget movies again? $250k to $3 mil. range. Everybody is looking for content right now. If you have a model where you make these, throw in creditable talent and crew, make sure its a genre people are buying (i.e. thriller, action, family...horror) then it will sell. And thus, you've just made a profit. Trust me, Spider-Man and Marvel films are great, but the other big-tentpole movies are a gamble. And if they fall, you have more to risk than just playing the odds where you actually see a profit. Trust the emerging filmmakers, not just the ones that have made a studio film. I've seen a lot of sub-par films by filmmakers that have gotten by just because they play in the system, and have friends.

Matt Milne

I love low budget filmmaking. Giving it a sense of scale and impact, as if it was a huge budget feature, it's a challenge i really enjoy.

Matt Milne

business associates come and go, a profitable creative partnership can last a lifetime. keep that relationship going, you never know what it could achieve.

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