{"id":11357,"date":"2014-08-19T09:00:22","date_gmt":"2014-08-19T13:00:22","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=11357"},"modified":"2014-08-19T08:02:20","modified_gmt":"2014-08-19T12:02:20","slug":"how-one-movie-transformed-hollywood","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2014\/how-one-movie-transformed-hollywood\/","title":{"rendered":"How One Movie Transformed Hollywood"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/08\/081914_1158_HowOneMovie1.jpg\" alt=\"\" width=\"642\" height=\"335\" \/><\/p>\n<p>Over at Cracked David Wong and Tom Reimann argued that 1995 film Waterworld transformed the movie industry:<\/p>\n<ul>\n<li>The film was over budget to the tune of $175 million \u2013 making it the most expensive film in history at the time.<\/li>\n<li>It was a disappointment at the American box office, failing to make back its cost of production.<\/li>\n<li>But it was a smash hit overseas \u2013 as a mindless action flick people from all cultures could enjoy it, even if they didn&#8217;t speak the language or understand the cultural references.<\/li>\n<li>That taught Hollywood that the real money was in making films that appeal to people all over the world \u2013 rather than deeper more introspective films.<\/li>\n<li>Thus while in the past films rarely made international debuts \u2013 usually only if they were already successful in the American market \u2013 these days they open everywhere at the same time.<\/li>\n<li>American moviegoers have seen the quality decline which is why theater attendance and domestic box offices have been falling.<\/li>\n<li>But global revenues are up boosting movies like Transformers and Iron Man 3.<\/li>\n<\/ul>\n<p>Read about the economics of the industry, why this is a natural consequence of globalization, how television is now the place to go for quality and more over <a href=\"http:\/\/www.cracked.com\/quick-fixes\/how-one-terrible-movie-ruined-hollywood\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.cracked.com\/quick-fixes\/how-one-terrible-movie-ruined-hollywood\/\">Cracked<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over at Cracked David Wong and Tom Reimann argued that 1995 film Waterworld transformed the movie industry: The film was over budget to the tune of $175 million \u2013 making it the most expensive film in history at the time. It was a disappointment at the American box office, failing to make back its cost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/08\/081914_1158_HowOneMovie1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=11357"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11357\/revisions"}],"predecessor-version":[{"id":11360,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/11357\/revisions\/11360"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/11356"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=11357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=11357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=11357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}