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The reason I believe sequels are doing good is:
- movie theaters have been perverted into massive and expensive hype fests
- in strong opposition, past movie theaters were not expensive to go to and got you entertained in a social setting
- due to the rise of large chains, small and cheaper theaters have died out.
- assumption: the price to rent a movie for your theater will probably be horrendous by now
- sequels have kind of a known quality which lowers the hurdle
- that means new movies could be watched in smaller theaters and would have to be sustainable for those
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There used to be dozens of theaters in a city, each one with a different set of contracts playing a different set of movies. Nowadays there are hundreds of movies in a city, all of them with the same set of contracts playing the same 5 movies.
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Yes, everything is too expensive, what means nobody can afford to take a risk. Not the public, not the theaters, not the studios. (You can see people on this thread commenting that they won’t.)
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There are what? 3 movie studios nowadays? Or are those 2? Either way, you can’t expect diversity from that.
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