Showing posts with label cost of making movies. Show all posts
Showing posts with label cost of making movies. Show all posts

Wednesday, March 6, 2013

The Cost of Making Movies: Why Film is So Expensive


As I wrote in my guest post at Cogswell College’s blog, I had the privilege of hearing a Hollywood producer discuss the process of converting a story from book to screen at this year’s San Francisco Writer’s Conference. There’s quite the demand for adaptations, apparently. As our guest said at the panel, “Everyone is looking for a built-in audience.”

And so they are. While original screenplays accounted for over 50% of motion picture market share in the years 1995 through 2000, since then they have undergone a bumpy decline. In 2012, just under 40% of the market comprised films produced from original screenplays. (See for yourself at The Numbers.) A 10% decline may not seem like much, but a downward trend is apparent. Gross ticket sales paint grim picture: original movies sold over 500,000 tickets in 1995. In 2012, they sold less than 200,000.