One week ago, ballsy Hollywood executives were bragging about how the coming recession doesn't concern them. As you'll remember, Dan Glickman, the president of the Motion Picture Association of America, said, "When times are bad, our business seems to buck the trend." Hubristic! Also: wrong. This weekend's box office proved that the money is not where Glickman's mouth is:
“21” beat the odds at the weekend box office, winning a respectable $23.7 million to land at No. 1. However, other new entries weren’t so fortunate, helping to drive the overall box office down more than 17% from the same weekend last year.
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Good. I've always secretly hoped that Hollywood would become depreciated.
here's a thought: stop making us pay $20 to see a freaking movie and maybe your stats will go up. just saying…
Good. Eat it, Glickman.
We all know people don't go to movies when they're sad. They turn to drugs and firearms. Ha. Ha?
the article in the link says they are still up over last year when you look at the YTD numbers. Movie release schedules make drawing conclusions from weekly comparisons dangerous.
Financially, I have much more faith in the movie industry now that they have proven they can never run out of ideas. Who's ready for a Three's Company re-make?
Maybe if they made more movies people want to see and were worthy of our 8.95 then the numbers would go up. Also its so much easier and cheaper to sit in the comfort of my own home with a drink of my choice and spend $4 for an on demand movie.
Suck it hollywood.
drawing a conclusion from one week is a bit silly. Especially considering the long history of recessions/slow downs show that Glickma is absolutely right. Hollywood was one of the few boom industries during the Depression. People tend to spend more money on entertainment when times are hard to take their mind off the crap going on in their lives.
Glickman is an elitest out of touch ass. He was Clinton's Secretary of Agriculture and a longtime polictican and lawyer before taking over the MPAA so that explains a lot.
That said, if they'd actually get people to shut the fuck up during a movie, I might be more willing to fork over cash more often. I'd pay an extra few bucks for electric shock seats that sent a jolt up anyone's ass who talked during the movie.