Is the blockbuster formula still working?
What is a flop?
-An unsuccessful or unprofitable film
-A film's profit needs to earn twice the production and marketing budget to not be considered a flop
What is the flop formula?
-A-list star = more money
- Cannot be a comedy - no special effects or not as much - no hardcore audiences or fan base/ followers
-Spend a lot on visual effects -> budget headlines
- If you spend money, you'll make money
How much does a film need to earn to be considered a success?
-Star wars episode 1: $1,027,044,677 Budget : $115, 000, 000
-Avatar: $2, 782, 275, 127 Budget: $237 million
Franchise: A collection of media that exists in multiple forms; film, lit, video games etc. i.e. jaws with the franchise and products that were made from it
Multiplex: Multiple or group of cinemas; showcase cinemas etc
Multiple screens showing multiple viewings of the same film
In these cinemas blockbusters are popular and commonly shown
Cinema budget:
What is considered to be a blockbuster budget:
Marketing is not including in the production budget
What factors effect the success of the film:
-Based on box office figures at the cinema (how many times you see it at the cinema, not downloading it, etc).
Boxofficemojo OR imdb -> box office figures and data OR Mark Komode BBC film critic
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