The "dysfunctional economics" of the U.S. movie business
When it comes to the U.S. motion picture industry, legendary screenwriter William Goldman put it best when he said "Nobody knows anything." For the most part, this statement is true, and it's this fact that makes the economics of filmmaking such a risky business. The economics of filmmaking just do not work and what you see could best be described as the "dysfunctional economics" of filmmaking, but through various articles, case studies, and videos such as De Vany &Walls, Arundel Partners, and The Trillion Dollar Bet--it's easy to see how and why people continue to wrestle with the…
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