Sunday, July 27, 2008

Even Movie Studios can't get a DATE to watch a film

One of the biggest issues facing Hollywood studios is not strikes, fires, or money…its scheduling release dates.

Last year- movie studios released a record 517 new films-- an average of ten per weekend.

Twentieth Century Fox Executive Tom Rothman says now studios have to pick release dates years in advance because of the high volume of movies.

The reasons for the logjam of movies are the cash given to studios by private firms and the creation of independent distributors.

As a result of the excess movie supply-- many critically acclaimed movies are being missed.

Also movies usually stay in theatres for six to eight weeks but now the average stay is three weeks.

So far the only movie studio to scale down production is the Walt Disney Company.

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