Monday, 23 June 2008

Hollywood Babble On & On #119: Is Paramount a Billion Dollar Baby?

A big bully and hurrah for Paramount Pictures, who announced that they are the first major studio to hit the $1 billion in revenue this year. (tip of the stovepipe hat to Nikki Finke)

But...and this is a big but, I'm talking a positively elephantine but, there appears to me that there's an onion in the ointment.

If you read the report in the link you'll see that most of the blockbusters cited in that report were made by DreamWorks, Lucasfilm, and Marvel. So one has to wonder if this report really is so rosy or is it all an...
Sorry, couldn't resist any chance for a Doug Henning reference, considering I actually voted for him once.

You see, Paramount had very few of those pics developed in house, and in some cases, as with Iron Man, it was solely a distributor. So we don't know exactly how much of that $1 billion + will actually end up in Paramount's coffers, because these partnership/distribution deals are often more byzantine, arcane, and hermetic than the minutes of a joint session between the Knights Templar and the Illuminati at Duffy's Tavern. And with DreamWorks going Bollywood in their bid for a return to independence Paramount might be stuck in a bit of a lurch for stuff to put on screens, maybe not this summer, but possibly next summer.

So, what does the future hold for Paramount?

What do I look like a psychic?

I don't know, but what I do know is that they need to start making more stuff in-house, or remodel their business as a distributor.

But it is something to think about.

1 comment:

  1. Furious D, I don't think the future looks good for Paramount either.

    MAYBE, and it's a big MAYBE, they can get some traction on the Star Trek Franchise which they own. Sci-Fi like Trek when it works, works as a Western. It's a planetary frontier, but still a frontier.

    I doubt JJ Abrams is the guy to do it, though. "Young Spock/Kirk/McCoy" just isn't going to work, the originals all own the roles.

    BTW, check out my blog (I've linked to you) at . Drop a comment or two.

    "Prisoner105" on DH/Libertas, aka "Whiskey"

    BTW, some script running flash just KILLS my Browsers, all of em, on Linux. I've got a studly machine too, so it might be an "IE" optimized deal. ... Just checked, even IE6 has problems (yeah you can run it under Linux, it's pretty handy actually).