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Hollywood turns to video games to bring fresh IP to the big screen
CNBC· 2025-09-05 16:33
Core Insights - Hollywood is increasingly investing in content based on video game franchises, with recent successes indicating a shift in the industry's approach to adaptations [2][21][23] Group 1: Industry Trends - The box office success of films like "The Super Mario Bros. Movie" and "A Minecraft Movie" has prompted studios to focus more on video game adaptations, with significant financial returns [2][14] - Recent adaptations have seen a reversal of previous trends where video game films were often met with skepticism and poor performance, as evidenced by the success of titles like "Pokémon Detective Pikachu" and "Sonic the Hedgehog" [3][11][12] - The technological advancements in CGI have allowed studios to create more engaging and realistic worlds, enabling better storytelling that resonates with audiences [16][18] Group 2: Audience Engagement - The demographic of gamers has shifted, with a large audience now comprising Gen Alpha, Gen Z, and Millennials, which presents a significant opportunity for studios to attract younger viewers [20][21] - There is potential for non-gamer audiences to discover video game adaptations, which could broaden the market and enhance box office performance [22] - Engaging younger generations through social influencers and content creators is seen as a crucial strategy for studios to maintain and grow their audience base [22][23] Group 3: Future Prospects - The video game adaptation genre is viewed as a new frontier for studios, potentially filling gaps left by underperforming superhero films [23] - Analysts suggest that while video game movies may not exponentially grow the industry, they could replace genres that are failing to attract audiences [22][23] - The success of video game adaptations indicates a wealth of beloved brands and stories that studios can leverage for future projects [23]
Amazon shakes up streaming leadership team
TechCrunch· 2025-03-29 18:40
Core Insights - Jennifer Salke is stepping down as head of Amazon MGM Studios, indicating potential dissatisfaction with the company's streaming strategy over recent years [1][2] - Amazon will not fill Salke's position; instead, the heads of film and TV studios will report directly to Mike Hopkins [2] Streaming Performance - Under Salke's leadership, Amazon had some successes with shows like "Reacher," "Jack Ryan," "Fallout," and "The Boys," but faced challenges in achieving mainstream hits [3] - "The Lord of the Rings: The Rings of Power" had a record audience at premiere but did not meet expectations given its budget of over $1 billion [3] - "Citadel," designed as a central piece for a fictional universe, became the second most expensive show ever made but received an underwhelming reception, leading to delays in its second season [4] Production Challenges - Amazon has struggled to produce a new James Bond film post-MGM acquisition, facing creative control issues with producers Michael Wilson and Barbara Broccoli [5] - Tensions arose when Salke referred to Bond as "content," leading to dissatisfaction from Broccoli and a reported reaction from Jeff Bezos to remove her from the situation [5] - Salke's absence from the announcement of the Bond deal highlights her diminished role, although she will start a new production company with a first-look deal at Amazon [6]