With the bevy of big-budget blockbusters marked on the calendar for the next few years, one would think that the film industry is only headed for new financial heights. However, according to one media research analyst, Hollywood’s embarrassment of blockbuster riches could ultimately become harmful to the long term stability of the industry.
According to a report from The Hollywood Reporter, Doug Creutz, a media analyst for The Cowen Group, presents evidence that Hollywood’s current state, dominated by giant franchise tentpole movies, has detrimentally altered the playing field for the kind of smaller, mid-budget films that previously stood a chance at finding audiences. Creutz points out that superhero films, in particular, which will double by 2016, have created a zero sum vacuum that has sucked the life out of other films. According to Creutz,
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