Showing posts with label movie budgets. Show all posts
Showing posts with label movie budgets. Show all posts

Thursday, September 29, 2011

Hollywood Tightens the Belt

It appears that tough times have hit Hollywood as much as anywhere else. A recent article by Ryan Nakashima in the Associated Press indicates that Hollywood is green-lighting fewer big-budget films.

Several projects that had previously been given the budgetary go-ahead have since been yanked from release schedules. These include Johnny Depp's "Lone Ranger" and, sadly, Stephen King's Dark Tower trilogy and television series. Even Spider-Man, whose previous three films had budgets of $139M, $200M, and $258M respectively has had its budget slashed for the reboot, Amazing Spider-Man, which has a rumored budget of a mere $80M.

Can Hollywood do more on less? Perhaps this is a good trend, causing filmmakers to rely more on character, acting, plot, and emotional impact rather than special effects, stunts, and CGI wow-factor. But either way, I hope they manage to get a Dark Tower movie made!