ARE MOVIES A GOOD INVESTMENT??

WILLIAM REYNOLDS:

IN MY OPINION:

ARE MOVIES A GOOD INVESTMENT??

BORING BUT A FACT>>>>>

Doug Creutz this week issued his annual gloom and doom prediction for the big studio movie business. Well, Doug Cruetz is wrong. The motion picture business is doing well and remains highly profitable for the studios. There is a lot to like in studio slates for the two years ahead. Let’s start there. Our expectations are that each studio — even Paramount, ­the one studio that will be hard-pressed to break even in 2017 — has chances for breakout hits. Studios build their slates around breakout (hit) pictures. No studio expects most of their 15 to 20 pictures released annually to succeed. However, if a studio averages two breakout pictures per year they are highly profitable. This is due to the exponential nature of a very successful picture which can throw off hundreds of millions of dollars in profits for a studio. BUT the fact is that there or more films leaving Hollywood, than are going there. To places like ATALANTA and NEW ORLEANS due to the big tax breaks. If you are an actor, here, you can be an average Joe one day and a movie star the next.