Investors aren't exactly known for taking risks, and Hollywood is no different. Earlier this year, when Netflix announced a sharp drop in subscribers, the world of streaming--and the industry as a whole--took note. If it could happen to them, it could happen to the rest.
There was widespread panic. The unrivaled growth that audiences had come to depend on seemed to be coming to an end. But not everyone cut back. Some preferred to calculate their investments, leaning on old classics, titles sure to attract a massive following. It's a smart move, one that streamers had long relied on.
Disney has their Star Wars fetish. HBO has a massive list of planned Game of Thrones spin-offs, and studios everywhere are preparing to revitalize old franchises--classics we would kill to see onscreen again. It's hard not to get excited, and it's somewhat admirable to see Hollywood finding new ways to keep us anxious and waiting, ready to delve into the next big thing, even during times of austerity. They know what they're doing. Let's hope that talent carries over into the execution. They're trampling on sacred ground now. There are some things they simply cannot screw up.