409: Crisis at the Box Office or: How We Learned to Stop Worrying and Love the "Bombs” (with Ryan McQuade, AwardsWatch)
Pop Culture ConfidentialMay 31, 202400:58:26

409: Crisis at the Box Office or: How We Learned to Stop Worrying and Love the "Bombs” (with Ryan McQuade, AwardsWatch)

Ryan McQuade (Executive Editor, AwardsWatch.com) joins Christina to discuss the reasons behind the low box office numbers this Memorial Day weekend (Furiosa and Garfield), the state of cinema & streaming, and looking forward to even more fantastic, original, risk-talking cinema ahead! Learn more about your ad choices. Visit megaphone.fm/adchoices

Ryan McQuade (Executive Editor, AwardsWatch.com) joins Christina to discuss the reasons behind the low box office numbers this Memorial Day weekend (Furiosa and Garfield), the state of cinema & streaming, and looking forward to even more fantastic, original, risk-talking cinema ahead!

Learn more about your ad choices. Visit megaphone.fm/adchoices

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[00:01:02] This is Pop Culture Confidential and I'm Christina Yerling Biru.

[00:01:21] Hello everyone, welcome back and thank you all for following along on my Cannes

[00:01:26] Film Festival coverage.

[00:01:28] Thanks for all your comments.

[00:01:30] We love movies.

[00:01:32] And with that in mind, welcome Ryan McQuade, executive editor over at Awards Watch,

[00:01:37] great friend of the show, movie lover.

[00:01:40] Maybe not in that order, but welcome back my friend.

[00:01:43] I think somewhere in there is just a combination of all those things is where I'm at.

[00:01:49] But yeah, maybe not in that order.

[00:01:50] But thank you, Christina for having me on.

[00:01:51] I'm excited to be here.

[00:01:53] That's kind of why we got together here today, to save cinema.

[00:01:57] Well, how long do we have?

[00:02:03] For a conversation.

[00:02:04] So the box office news has led to some, what should I say, high frequency discussions about

[00:02:11] the state of the movies, about the state of cinema.

[00:02:14] We thought maybe we could talk, we could bring some positive vibes, some concerns,

[00:02:19] some thoughts about going forward.

[00:02:21] And just to give you all some context.

[00:02:23] So film related media hit some sort of peak spin this week after Memorial Day

[00:02:30] weekend, which is like a historical bellwether weekend for the start of the summer

[00:02:34] movie box office.

[00:02:36] George Miller's Furioso, which cost 168 million to make, not including, of course,

[00:02:42] millions of dollars in marketing costs, premiered to what was thought of a disappointing

[00:02:47] 32 million domestic.

[00:02:49] Garfield, the animated film starring Chris Pratt, earned around the same.

[00:02:54] Reports say that it's the worst Memorial Day weekend for about 30 years since

[00:02:58] Casper only earned 22 million.

[00:03:01] And this followed a highly publicized disappointment in the Ryan Gosling,

[00:03:07] Emily Blunt film, The Fall Guy.

[00:03:10] Now, I think both Ryan and I agree that there is brilliant creativity in film all

[00:03:16] around us. Speaking for myself, I've had some incredibly powerful movie

[00:03:20] experiences just these past few years.

[00:03:23] Past Lives, Tar, Poor Things, Barbie, Oppenheimer.

[00:03:27] Cannes was all about passion projects and risk taking Coppola, the substance,

[00:03:33] Sean Baker. So we thought we should approach this thoughtfully and talk a

[00:03:39] little bit about what we see going on and what we see for the future.

[00:03:43] Ryan, first, your thoughts on this Memorial Day weekend and the numbers

[00:03:48] that everyone's talking about.

[00:03:50] Well, I had a great weekend.

[00:03:51] I don't know about the box office.

[00:03:54] I had a good weekend.

[00:03:55] I was with family.

[00:03:56] I was with friends.

[00:03:58] It was relaxing.

[00:04:01] But this news wasn't surprising.

[00:04:04] At least it's not to me.

[00:04:06] So if anyone of your listeners listens to the Awards Watch podcast, you know

[00:04:13] that every year for the last three years we have done a summer movie box

[00:04:17] office draft and it's where we we select five to six films from the

[00:04:24] summer and five of them with we think are going to be hits.

[00:04:28] And then we each give Eric's team or my team a bomb pick movies that we

[00:04:33] think are going to do probably not so great at the box office.

[00:04:37] And over the last couple of years, it's gone back and forth because

[00:04:42] nobody thought Barbie was going to be what it was.

[00:04:44] And nobody thought Top Gun Maverick was going to be what it was.

[00:04:47] No one definitely thought what Oppenheimer would end up becoming,

[00:04:51] which are these billion dollar hits.

[00:04:52] And then you have movies like like the Jurassic World movie or even just

[00:04:57] like last year, there were Spider-Man across the Spider-Verse.

[00:05:01] So there's been a ton of like big films and even still within there.

[00:05:05] There were some miscalculations like Indiana Jones in the Dial of Destiny,

[00:05:12] almost a Kingdom of the Crystal Skull, but it's Dial of Destiny.

[00:05:14] And then even Mission Impossible, which had an enormous budget to itself.

[00:05:20] And we didn't put a multiplier in that, which for your listeners out there,

[00:05:24] if you play a box office draft, basically the money it makes,

[00:05:28] you subtract it from its budget.

[00:05:30] But that's not how studios usually work because like you said,

[00:05:33] Christina, when you put $160 million of just the budget,

[00:05:37] that's usually just the budget.

[00:05:38] That's not all the other parts that go into it, including marketing,

[00:05:42] as well as any back end pay that they have to pay.

[00:05:44] So for studios to make profit, usually it's about a two to three

[00:05:47] times multiplier on what they made at the box office.

[00:05:50] If you read deadlines reporting last month about the most profitable movies

[00:05:57] or the movies that did the best and they did, I think a day by day article

[00:06:03] about like the top 10 best, most profitable films of the last year.

[00:06:07] It actually wasn't Barbie.

[00:06:08] Everyone thinks it's Barbie or everybody thinks it's Oppenheimer.

[00:06:11] It's actually Super Mario.

[00:06:13] And so it, you, you factor all those things in there and you look at this

[00:06:18] year's draft, it was, it was rough for us to pick some of these titles.

[00:06:23] Now, obviously there are some surefire hits that we will talk about that are

[00:06:27] coming out later this year that are going to be great, but a movie like

[00:06:30] the fall guy was a risk.

[00:06:32] The only thing that made the fall guy look good was the fact that it had

[00:06:35] great word of mouth over at South by Southwest, which I was there.

[00:06:38] I love the film.

[00:06:39] I think it's a lot of fun and I think Gosling and blunt are great in it.

[00:06:44] Um, but it didn't, you know, nearly, you know, crack what it should have done,

[00:06:52] especially coming off last year, which one of the big hits at Memorial day

[00:06:55] last year or this timeframe was guardians of the galaxy volume three.

[00:07:00] So clearly you need a franchise there.

[00:07:03] Even plan of the apes, which has made worldwide $300 million.

[00:07:08] It's made on 160 to 170 million dollar budget itself.

[00:07:13] So these movies are expensive to make.

[00:07:15] Then you have a movie like if it hasn't done so well, uh, which is, I don't

[00:07:20] even know that's the animated John Krasinski movie, which like nobody

[00:07:25] was talking about, and then you have a Garfield, which nobody was

[00:07:30] asking for a Garfield movie.

[00:07:32] And it's not exactly super Mario in terms of its IP strength and

[00:07:36] Furiosa.

[00:07:38] There's a bunch of factors that go into furious as to why this movie doesn't work.

[00:07:43] One is that it's nine years after Mad Max, free road.

[00:07:46] It doesn't have Charlize Theron as the titular Furiosa, which is what

[00:07:50] audiences sort of expected and kind of wanted.

[00:07:53] Um, Chris Hemsworth is not the box office draw even as a Thor,

[00:07:58] even as Thor a couple of years ago, Thor, 11th under was not a big hit.

[00:08:02] It was not, um, not nearly to the extent of like Dr.

[00:08:05] Strange or other Marvel movies.

[00:08:07] And that's sort of where the Marvel Viteed happened, but Fury road

[00:08:11] itself barely made two times its budget.

[00:08:16] It was not a huge hit.

[00:08:17] And so critically consider one of the best films of the decade.

[00:08:22] You and I love it.

[00:08:23] So many people love it.

[00:08:24] And it's kind of had a great shelf life on VOD and you know, rep

[00:08:29] screenings and over the years it's built a reputation.

[00:08:32] And this movie I think will too, but the idea that, um, a Mad Max movie

[00:08:38] was going to make $200 million opening weekend and you don't even have also

[00:08:43] max in the film as well either.

[00:08:45] You have Anya Taylor joy who's in half the film and it's mostly

[00:08:49] Chris Hemsworth carrying it at times, which is it's a great movie.

[00:08:53] I loved it.

[00:08:54] It's my favorite movie of the year so far, but that doesn't mean

[00:08:58] audiences wanted to see it.

[00:09:00] Cause I have to ask you two things about what you're saying here.

[00:09:02] One is, is there any truth to the fact that people are saying that

[00:09:08] moviegoers don't want to do prequels prequels to origin stories?

[00:09:13] I think it's, I think that the prequel is starting and I think we

[00:09:19] have to acknowledge, listen, I'm not a prequel guy.

[00:09:22] It never happened.

[00:09:23] So for Mad Max, for, for Furiosa Mad Max saga, which is a prequel

[00:09:28] to the fury road for that to be my favorite movie of the year is kind of wild.

[00:09:32] Also says a lot of, I think about the quality of movies that have come out

[00:09:35] this year, but that's another story from another time.

[00:09:37] Um, I think that you have to ask audiences now, and this is

[00:09:42] the overarching problem.

[00:09:45] You have to ask them to go to the theater to see something, see a spectacle.

[00:09:51] And if it's of a story, that's not a continuation or something new.

[00:09:55] Why would audiences want to spend a hundred dollars to go

[00:09:59] backwards in storytelling?

[00:10:01] So I think, you know, we're going to see this with a quiet place.

[00:10:06] Yeah.

[00:10:08] I mean, like a quiet place day one is going to be an interesting test

[00:10:11] because again, that is with it's not even doesn't even have like.

[00:10:16] John Krasinski or Emily Blunt or Killian Murphy in it.

[00:10:19] It has none of the cast.

[00:10:20] Like at least Furiosa had a name person and some of the characters from fury road

[00:10:25] that has nobody in it from the first two films.

[00:10:29] And so you're asking audiences to trust the process of, and listen,

[00:10:34] I like Michael Sernoffsky, I loved pig and I love the Peter Nyango.

[00:10:38] And I think she's a fantastic actress and I'm praying that movie does well,

[00:10:43] but at the same time, I don't know if it's, I don't know if we're not

[00:10:47] going to see the same headlines because audiences are kind of out on prequels

[00:10:52] right now, and that should be a course correction.

[00:10:54] And my other question is I understand that mission impossible.

[00:10:57] The next mission impossible was supposed to be on this, on Memorial

[00:11:01] Day weekend, and it was moved to July.

[00:11:04] Are you saying that if that would have been there, people would

[00:11:07] have run to the movie theaters.

[00:11:09] So it's a question of the movies is what I'm saying, or is it

[00:11:12] a question of actual theater going?

[00:11:14] I think it's a question of both.

[00:11:16] I think that it is the type of type of movies that are playing because also too.

[00:11:22] The biggest factor in all of this, I think, and people have told me this

[00:11:27] week that, oh, you know, it's, you know, and we've had these conversations

[00:11:32] at a war watch my cohost, Jay Ledbetter of director watch Sophia

[00:11:36] Simonello, Eric Anderson, everybody had awards watch that has been on

[00:11:40] this show or you or your listeners have heard before on our shows.

[00:11:43] We've talked about this.

[00:11:44] And I stated that this is, this is the strikes reckoning and people think,

[00:11:51] oh, well, the strike now the strike was six months long.

[00:11:56] And it shut down the major studios.

[00:11:58] The major studios are responsible mostly for summer blockbusters.

[00:12:04] They are, they are the, the, the ones that are struggling right now.

[00:12:09] And so not only did a mission impossible, which is still filming

[00:12:14] and having, which is going to probably it looks like have one of the

[00:12:16] biggest budgets of all time.

[00:12:18] It's somewhere reported between 250 to $400 million.

[00:12:23] You know, for that film and I, and I can't wait to see it.

[00:12:28] But also because of the strike, they weren't able to continue or

[00:12:33] potentially produce the next spider verse film, which was an

[00:12:37] enormous film at the box office.

[00:12:40] You know, they, you know, Disney moved a bunch of their Marvel films back as well.

[00:12:45] We only have one Marvel film on the slate at all this year, which is the first

[00:12:50] time like ever that that's happened since the MCU because at least, you

[00:12:55] know, it would be like the first Iron Man.

[00:12:57] There was the incredible Hulk later that summer.

[00:12:59] So, and that's Deadpool and Wolverine, which is already tracking to be a

[00:13:04] massive hit because you have Deadpool, which is a character in those movies

[00:13:10] that has made close to a billion, if not like 800, $900 million on those,

[00:13:15] on those films.

[00:13:15] And then you have Hugh Jackman returning as Wolverine, which will be

[00:13:19] big, big for the, for the summer.

[00:13:22] But that's not till late June, July.

[00:13:25] So it's not right now.

[00:13:27] So I do think it's a little bit of that, but to say that the strike is

[00:13:31] taking its toll, the whole film slate changed filming for these big movies had

[00:13:36] to stop and that that's going to have some repercussions, uh, including, you

[00:13:42] know, some of the big movies that we think are going to take over the box

[00:13:46] officer in summer.

[00:13:59] I don't think it overstates things to say that the Beatles were the greatest

[00:14:02] gift to entertainment and culture of our time, a secular religion, if you

[00:14:07] will, with their universal appeal and demonstrable impact on people's lives.

[00:14:12] I'm Robert Rodriguez, host of something about the Beatles with every episode.

[00:14:17] I speak with historians, musicians, artists, and beetle witnesses, all

[00:14:22] in the service of fresh insights into the most joyous cultural entity.

[00:14:26] The world has ever known.

[00:14:28] I hope you'll join me and listen to something about the Beatles now

[00:14:31] and evergreen and wherever you get your podcasts.

[00:14:34] But we can both agree, right?

[00:14:44] That the expense of going to the movies today for a family is, I mean,

[00:14:50] you mentioned a hundred dollars.

[00:14:51] I think that's for four people.

[00:14:53] I think you have to double that with concessions and everything else.

[00:14:56] Let's talk about streaming.

[00:14:59] Lots of people I talk to, particularly people who are in, who are actually

[00:15:04] making the films and who are in PR and things like that.

[00:15:07] I mean, they'll say things like that.

[00:15:08] Netflix is a buzzkill.

[00:15:10] It's a buzzkill when they buy the movies for something like the Hitman.

[00:15:15] Yeah.

[00:15:16] And then that goes directly to streaming or very, very quickly

[00:15:19] to streaming and that keeps people away from the movie theaters.

[00:15:24] They've got, they're going to be doing that with Amelia Perez,

[00:15:26] which was the huge, huge talk of Cannes.

[00:15:30] What would you say to that?

[00:15:33] Well, I am very privileged and I get to see the movies.

[00:15:39] And I get to say that I'm privileged and I acknowledge my privilege.

[00:15:44] And Christine acknowledges her privilege and of that we get to see

[00:15:49] most of these Netflix films the way that they're supposed to be

[00:15:52] intended by those audiences.

[00:15:54] We see them at film festivals and we see them on the big screen.

[00:15:58] And if not, there's readily able to be screened for us as critics

[00:16:04] on the big screen, potentially in the theater for us to cover.

[00:16:08] So I have to take all of us out of the equation, which I have to say

[00:16:14] with the with the more and more critics and the more and more people

[00:16:20] that are covering things now.

[00:16:22] Also, you have to factor that in, I think a little bit as well.

[00:16:26] That's that's more and more people that are like me

[00:16:29] that maybe just see it at the screening and don't go to the theater.

[00:16:32] So, yes, I'm saying I'm part of the problem as well, too.

[00:16:36] But I did go see Furiosa on Friday night, so it's so I'm not that part

[00:16:40] of that problem all the time.

[00:16:42] But I can tell you this is that.

[00:16:47] I think you you have hit something that has been bugging me for

[00:16:51] now two years about Netflix, and we will talk about Ted

[00:16:56] Sarandos here in a minute.

[00:16:58] And his sorry, Ted, but your sense of delusion,

[00:17:04] because Ted Sarandos

[00:17:08] has talked about wanting to blow up the theatrical experience,

[00:17:12] but audiences have pushed back tenfold on that idea,

[00:17:17] especially the last two years.

[00:17:19] You look at something even just like Maverick or Avatar, the Way of Water,

[00:17:24] but even the upswing of the art house cinema

[00:17:29] and the way a brand like a 24 is stronger than ever.

[00:17:33] A 24 just had its biggest film,

[00:17:37] one of its biggest films in Civil War.

[00:17:40] Everything everywhere all at once was an enormous hit for them.

[00:17:44] And movies like The Whale and now Pearl

[00:17:47] and X have done really well for them as well.

[00:17:50] And they have their own little franchises as well as also

[00:17:54] some big hits on themselves.

[00:17:55] And I think the thing about Netflix is.

[00:17:58] That they are the one place that seems to be able to give

[00:18:02] as much creative control as possible,

[00:18:05] but they fail in what a creator really wants us to see the movie on the big screen.

[00:18:10] I was able to see the premiere here in Austin

[00:18:15] for Hitman and Richard Linklater, who is an enormous giant fan of cinema.

[00:18:20] Like he is he he owns the he's the founder of the Austin Film Society.

[00:18:25] For Christ sakes, he's a big part of South by Southwest.

[00:18:27] He is Austin filmmaking at its finest.

[00:18:30] And his last two movies have been Hitman and Apollo 11 and a half, which is

[00:18:38] or 10 and a half, which is the Netflix film that he did.

[00:18:41] And there was hesitation for from what we've read about, you know, he

[00:18:47] I don't think he wanted to go back to Netflix,

[00:18:49] but nobody wanted to buy this movie.

[00:18:52] And the idea of of having Glenn Powell

[00:18:55] after Maverick, after anyone but you and the success of that one,

[00:18:59] that movie and to not pick this one up, which this is a clear crowd placer

[00:19:04] and kind of like off the romcom

[00:19:08] fun, out of sight, sexy movies of of the 90s.

[00:19:13] Nobody wanted to pick this up.

[00:19:15] And I think it so it it I'm thankful for Netflix to give it the platform.

[00:19:20] But at the same time,

[00:19:22] think about the fact that they have two sequels.

[00:19:26] They had Glass Onion and now they'll have the next Knives Out film

[00:19:30] and how everybody is excited for that and how those are mostly going to be

[00:19:33] seen by people on the small screen at home rather than the big screen.

[00:19:39] It's a big deterrence.

[00:19:40] And I think people are grappling with it in an interesting way.

[00:19:45] They will see it, but but not the way

[00:19:48] that we or the the business should want to see a movie like that,

[00:19:53] because the first Knives Out movie was an enormous hit.

[00:19:57] And when Surandos just told us that his son, who's an editor,

[00:20:01] watched Names of Arabia on his phone.

[00:20:03] Sure. And I watched Bridges and Madison County on my television.

[00:20:07] It doesn't mean that I should, you know,

[00:20:09] I should watch it on an iPad, Nano or, you know, iPod, Nano or whatever.

[00:20:13] It means that if the rep screening came around here,

[00:20:16] I want to see that on the big screen.

[00:20:18] Lawrence Arabia is a 70 millimeter masterpiece.

[00:20:22] If you're able to see it in your area.

[00:20:24] And this is idea of like of him shrinking down

[00:20:27] and thinking that the Barbie and Oppenheimer,

[00:20:31] the Barbenheimer cinematic world event

[00:20:36] could thrive just as much on Netflix is a delusion of grandeur

[00:20:40] that I can't even begin to describe because it also sounds

[00:20:44] like a big bowl of jealousy because this man has.

[00:20:50] I think he said eight to 11 films nominated for best pictures.

[00:20:54] I think he said eight films and none of them

[00:20:57] have come close to doing what Oppenheimer did, which is he's made dramas.

[00:21:03] He's made Power the Dog and he's made Roma

[00:21:07] and he made Maestro and he's put all this money into it.

[00:21:11] But Christopher Nolan doesn't want to work with him

[00:21:14] because Christopher Nolan believes in the cinematic equivalent.

[00:21:18] So what does he do?

[00:21:18] He goes, yeah, he's going to have the Narnia films from from Greta Gerwig.

[00:21:24] But so many people don't want that

[00:21:26] because they want to see the next big thing.

[00:21:29] And she actually has an enormous blank check.

[00:21:31] She could write whatever she wants.

[00:21:33] Now, if she wants to make those with Netflix, she's had a relationship

[00:21:36] because no bomb box had a relationship.

[00:21:38] So that totally makes sense.

[00:21:39] But will they be I think the equivalent of what Barbie which,

[00:21:42] which was a global event, the biggest movie of the year,

[00:21:46] the movie that everyone was talking about.

[00:21:47] It didn't matter what movie other than Barbie and Oppenheimer was released.

[00:21:51] That was what everyone was talking about.

[00:21:53] No. And that's that's not even something their television series can do.

[00:21:58] You know what I mean?

[00:21:58] Because they because of the binge model.

[00:22:01] But do you think like May, December, for example,

[00:22:04] do you think that if if it would have been had a long life in the theaters,

[00:22:10] that it would have been better?

[00:22:12] I mean, is Netflix what's the chicken in the egg?

[00:22:14] Are they helping to find a platform for those who no one wants to buy anyway?

[00:22:18] Or are they taking being a buzzkill, which is the same thing?

[00:22:22] Both. It can both things.

[00:22:24] We can live in a world where both things are true, where

[00:22:29] they can finance the Irishman and make this beautiful film.

[00:22:35] And yet, unless you have an Alamo draft house like myself

[00:22:39] or smaller art house cinemas in your area,

[00:22:42] you're not going to see it on the big screen.

[00:22:44] And that's from one of the most cinematic directors of all time.

[00:22:49] And here's the difference, though.

[00:22:52] Netflix digs their heels

[00:22:55] into the idea of not putting their films in theaters.

[00:23:00] That's the problem, Christina, is they had glass onion.

[00:23:04] They released it for two weeks or no one week, I think,

[00:23:08] for the Thanksgiving holiday.

[00:23:09] It was successful.

[00:23:11] It made money because people wanted to see that thing on the big screen.

[00:23:16] And guess what? They pulled it back.

[00:23:19] They pulled it back.

[00:23:20] And meanwhile, look at what Apple did for Killers of the Flower Moon.

[00:23:26] They were a Napoleon.

[00:23:28] Those movies are Apple movies, but they still had a wide theatrical release.

[00:23:33] They put it on the biggest screens possible.

[00:23:35] And they said, come see three hours of Martin Scorsese's

[00:23:39] epic masterpiece on the biggest screen possible.

[00:23:43] Come see Joaquin Phoenix talk about boats on the biggest screens possible.

[00:23:49] They didn't have a problem with it.

[00:23:51] They, you know, Amazon, they have a big theatrical window

[00:23:57] for those movies.

[00:23:58] Napoleon did pretty well.

[00:24:00] Killers of the Flower Moon.

[00:24:02] I mean, they didn't recuperate their money.

[00:24:04] But then you look at Amazon, Amazon had challengers

[00:24:07] and they just made 80 million dollars at the box office.

[00:24:09] So and they've so they they don't have to recuperate all their money,

[00:24:14] just kind of like air last year didn't have to make all of its money back

[00:24:17] because this is all icing on the cake.

[00:24:19] But you're giving audiences the ability to go see this.

[00:24:22] You're giving them a choice.

[00:24:23] What is Netflix winning from pulling back after a week

[00:24:27] when it's going like gangbusters?

[00:24:28] I was in New York. I saw it.

[00:24:30] And on Thanksgiving, it was packed.

[00:24:32] People were in line for a glass onion.

[00:24:34] Yeah. What are they winning?

[00:24:35] Are they winning more subs?

[00:24:37] Is there actual benefit for them to not take the money while it's flowing in?

[00:24:44] I think that the other thing that I've always said about Netflix

[00:24:48] is that it's a broken system because, you know, they they try to

[00:24:52] they're always raising their subscriptions.

[00:24:56] They're putting ads in there, you know, and all these different things.

[00:24:59] And it's like Amazon's Amazon TV or Amazon Prime

[00:25:04] or however you want to describe it.

[00:25:06] Their films are secondary.

[00:25:07] It is a secondary place for them, like they're there.

[00:25:12] They don't need the money.

[00:25:13] Apple doesn't need the money.

[00:25:15] Hulu doesn't need the money.

[00:25:17] Max doesn't need the money.

[00:25:19] These are giant studios that can buy and stream whatever they want

[00:25:25] and do whatever they want because the the the either moviemaking

[00:25:30] or the streaming options are secondary in terms of their revenue streams

[00:25:35] for most of them.

[00:25:36] Netflix used to be DVDs, and then they turned into streaming.

[00:25:40] And then by Sarandos own admission,

[00:25:43] they started to get rid of the physical media portion of it,

[00:25:47] including also which I thought was extremely problematic

[00:25:53] in the New York Times article about talking about that.

[00:25:57] They just stopped inviting the people that founded essentially or

[00:26:01] or got them to where they are to any parties or any events or company

[00:26:05] to the room at all.

[00:26:06] It was, yeah, to the essential.

[00:26:08] They were like and he was proud of it.

[00:26:10] And if you listen to the audio, which is better,

[00:26:13] I think than listening to the interview and this is over at the New York Times.

[00:26:17] And it was a really insightful piece

[00:26:21] by Lulu Garcia Navarro,

[00:26:25] which she's been doing amazing work for years.

[00:26:27] And it just was she only scratched the surface

[00:26:31] and then she had to call him back and get more,

[00:26:33] which is where this stupid Barbenheimer quotes come from.

[00:26:36] But it's this thing of he is wanting to upset the model.

[00:26:42] And yet the model doesn't want to be upset.

[00:26:47] You came from Cannes, they are so anti Netflix there at Cannes.

[00:26:51] It is ridiculous.

[00:26:52] It was surprising that the opening night film was

[00:26:56] I think it was in competition and it was a Netflix movie.

[00:26:58] And like they screened it.

[00:27:00] I was surprised to hear about that because of their

[00:27:02] because May December, yes, is a Netflix movie.

[00:27:05] But while it was at Cannes last year, it was it was waiting for distribution.

[00:27:10] So they bought it afterwards.

[00:27:11] And Amelia Perez, too, which is a French director.

[00:27:15] So that was also that was interesting.

[00:27:17] Yes. But I mean,

[00:27:21] I say this, it's like, but who's financing the five bloods?

[00:27:25] Who's financing Maestro?

[00:27:27] Who's financing

[00:27:30] but will they Henry Sugar?

[00:27:32] You know, you know, like, I mean, to answer that question,

[00:27:36] will they continue with those?

[00:27:38] I don't know for how much.

[00:27:39] I don't know how much longer they can, because like a movie like The Grey Man,

[00:27:43] which is a movie he talked about.

[00:27:45] How do you get that money back?

[00:27:47] How do you get it back?

[00:27:48] I don't even know what that's like.

[00:27:50] Two hundred and fifty million dollars for a budget, which,

[00:27:52] I mean, the movie looks like garbage, but OK, congratulations.

[00:27:55] You you know, you try to you try it there.

[00:27:59] But like, how do you get that money back?

[00:28:01] Advertising promises building up a credit card debt

[00:28:05] that's bigger than anybody in Hollywood.

[00:28:06] At a certain point, things fall on June 14th.

[00:28:09] Your favorite emotions are back on the big screen in Disney and Pixar's

[00:28:12] Inside Out 2. It's time to greet your team.

[00:28:16] It's anger. Let me at them.

[00:28:19] Fear. Safety checklist is complete.

[00:28:21] Disgust. Ew, ew.

[00:28:23] Sadness. Oh no.

[00:28:27] Hello, I'm anxiety.

[00:28:28] I'm one of Riley's new emotions.

[00:28:30] Disney and Pixar's Inside Out 2.

[00:28:32] There's a part two. We're going.

[00:28:34] Ready PG. Parental guidance suggested.

[00:28:36] Only theaters June 14th.

[00:28:37] Get tickets now. And and what about Apple TV and the ones?

[00:28:41] The Amazon that have more of the unlimited cash

[00:28:44] because of their other side gigs, which are going pretty well.

[00:28:47] Will they be able to do Scorsese couple hundred million?

[00:28:50] I mean, do they want to?

[00:28:52] Yeah, I think we've had the projects.

[00:28:55] Well, as long as people are buying iPhones and iPads

[00:28:58] and you're buying your people are getting their

[00:29:02] buying new bookshelves set on Amazon.

[00:29:05] Yeah, because it's it's a it's a flex.

[00:29:08] It's a giant flex. And.

[00:29:12] The funny thing about Netflix is they've been

[00:29:15] they've been late to the party.

[00:29:17] Amazon, I mean, Apple's already can say

[00:29:20] and finance all their shows because they're like, hey, we had to lasso.

[00:29:26] Which was bigger than probably any Netflix comedy in the last

[00:29:30] 10 years, right?

[00:29:33] Hey, we had we had Coda, whether you like Coda or not.

[00:29:37] It beat the power of the dog head to head in the Best Picture battle.

[00:29:43] And it did.

[00:29:44] And that's just that's facts.

[00:29:46] I don't like saying that out loud, but that's just the truth.

[00:29:49] And yeah, they financed the Martin Scorsese movie.

[00:29:54] They would and 100 percent they would do it again in a heartbeat.

[00:29:57] And they're going to keep doing it.

[00:29:58] You think because because and they're also willing to work.

[00:30:03] They're willing to bend.

[00:30:04] They're willing to say, we know that our audiences want to see this movie

[00:30:10] on the big screen.

[00:30:13] And so we're going to do whatever we can

[00:30:16] to make Martin Scorsese or our audience is happy.

[00:30:19] They're listening.

[00:30:21] They're taking in the feedback.

[00:30:23] Amazon has a, you know,

[00:30:26] a big theatrical window before they go to the streaming platform.

[00:30:30] Netflix doesn't want to listen to that.

[00:30:32] And so then it confuses also to audiences and what to expect.

[00:30:39] And you have to be able to.

[00:30:42] You have to look at it through, I think, Pixar.

[00:30:45] Pixar is a perfect example of how to wean an audience back into expectations.

[00:30:50] So they were strictly doing only to streaming during the pandemic.

[00:30:56] Right. They had soul, which won them a boatload of Oscars.

[00:31:00] And then they did Luca and turning red.

[00:31:02] And people were getting upset because like, why are these movies

[00:31:05] not on the big screen as movies are going back?

[00:31:07] And they had a financial, they had a really financial failure

[00:31:11] with light year, which I mean, don't even get me started that movie.

[00:31:14] You know, yeah, another prequel or weird side world, whatever.

[00:31:18] But then so they had that

[00:31:22] the next year, which was last year, they had elemental

[00:31:26] and it didn't go and start off great at the box office,

[00:31:29] but it built and built and audiences slowly went back.

[00:31:33] Right. That's interesting, because in terms of this discussions

[00:31:36] that people have immediately after a weekend of bad box office,

[00:31:40] everyone was like Pixar is down for the count.

[00:31:43] And elemental is went up and then it just built up.

[00:31:45] And now I think the box office is impressive.

[00:31:48] It's one of the biggest hits of last year, too.

[00:31:51] There's no patience anymore either.

[00:31:53] No. So if we leave the streamers there and talk about the studios,

[00:31:58] how long will they be able to?

[00:31:59] Do you think that they're going to start stop giving these enormous

[00:32:04] budgets to movies like a Furiosa, which I hear.

[00:32:09] I don't know if someone is saying it or if it's really that they've put

[00:32:12] the brake on the next Mad Max movie because of this box office.

[00:32:17] Is that just someone will give him some will give him

[00:32:21] 100 million in light.

[00:32:22] But you think that those budgets for the studios who don't have

[00:32:26] a streaming component in their business, do they have to sort of start

[00:32:30] thinking over these huge budgets or will they still be taking the risk?

[00:32:35] I think that they have to look at the cost and the type of films

[00:32:38] that they're making, because when you look at like again.

[00:32:43] These movies are not cheap to make.

[00:32:46] These aren't like, you know, when you when you look back at like

[00:32:49] a movie like Saving Private Ryan, you know, like, God, that's movies, right?

[00:32:54] Or like what do you think of with Saving Private Ryan, Christian?

[00:32:56] You think of the the opening beat sequence, right?

[00:32:59] And you're like, my God, this is incredible.

[00:33:02] And you realize that movie was made for less than 100 million dollars

[00:33:06] and you go, holy hell, how they get away with that.

[00:33:08] How did Spielberg able to do it?

[00:33:10] It's because, oh, well, there's there is a thing called inflation

[00:33:13] and we have to we have to think about that.

[00:33:15] And the inflation is increasing not just for the not just for the consumer

[00:33:20] watching it, but also for the the place that's paying to make it.

[00:33:25] But yeah, I think there has to be.

[00:33:28] A look internally at the and not through some stupid AI model or

[00:33:35] through Instagram posts, it's got to be through.

[00:33:38] How are we using the resources?

[00:33:41] The two biggest movies again last year

[00:33:44] or two of the biggest movies last year were Barbie and Oppenheimer.

[00:33:50] And they were made for roughly around the same amount of money,

[00:33:54] Barbie a little bit more, but I think that was 140 was the final total.

[00:33:59] But Oppenheimer was made for 100 million dollars.

[00:34:02] So three hour it's a three hour epic.

[00:34:04] If you listen to the cast or Nolan talk about it, they were staying at

[00:34:08] the La Quinta Inn or the Holiday Inn Express in Santa Fe to make that movie.

[00:34:13] And look what it did like they put poured everything into the film.

[00:34:18] And that's the other thing, too.

[00:34:20] I think there needs to be trust in the filmmakers to be able to do that.

[00:34:25] But there also needs to be control by the studios to say we will give you this

[00:34:30] much, but we can't give you all of this.

[00:34:32] Like the great thing about Christopher Nolan is Emma Thomas having a producer

[00:34:38] to say this is what we can do or not going outside of these limits.

[00:34:43] And we're going to make this now.

[00:34:45] Look at look at where his career is now.

[00:34:47] He gets to do it.

[00:34:48] I mean, he already got to do whatever the hell he wants.

[00:34:50] Now you get definitely gets to do whatever

[00:34:52] the hell he wants probably for the rest of his life.

[00:34:54] And I think that I love George Miller and these movies.

[00:35:00] To be point blank honest, I think it's absolutely irresponsible

[00:35:07] for Warner Brothers to have given him money to make this movie because this

[00:35:12] is the Blade Runner 2049 of it all.

[00:35:15] These are cult movies that barely made any money, these Mad Max movies.

[00:35:18] And yet they're getting more and more expensive.

[00:35:21] And he cut corners this time like he could corners

[00:35:25] because he didn't want to like do it.

[00:35:28] Or what?

[00:35:29] No, he cut corners in terms of working with more CGI and different

[00:35:34] technologies in order to not make it be so not to have Kyle Buchanan

[00:35:38] write another book, you know what I mean?

[00:35:40] Of like more problems on the set.

[00:35:42] We want Kyle Buchanan.

[00:35:43] But who wouldn't want another book from Kyle?

[00:35:46] But that but that being said, you know,

[00:35:50] I mean, the Fall Guy being one hundred and forty million dollars,

[00:35:53] that used to be a 70 million 70 million, 80 million dollars.

[00:35:56] Saying that if you would have Glenn Powell, who's having a hell of a year,

[00:36:00] if you would have taken Glenn Powell instead of Ryan Gosling,

[00:36:03] you would have slashed the budget in half and it probably made the same amount

[00:36:07] of money and he's very charming.

[00:36:09] And I would have gotten green that though,

[00:36:13] I don't know. I'm just saying that they're pretty expensive.

[00:36:16] The talent to maybe there's everyone has to.

[00:36:19] I mean, Glenn Powers,

[00:36:21] I mean, Glenn Powell is technically going to be in an action film later

[00:36:24] this year, Twisters, and that's a 200 million dollar budget.

[00:36:28] So it's which is 60 million boarded

[00:36:31] the Fall Guy with Academy Award nominees in it.

[00:36:34] You know what I mean?

[00:36:34] So it's like, how do you stop?

[00:36:37] I understand. But something has to give.

[00:36:40] I mean, you have a school Paramount continue to be.

[00:36:43] I mean, will the studios?

[00:36:44] There's all these things that are happening that people are going to have

[00:36:48] to start thinking about what kind of movies are we making that are actually

[00:36:52] getting their money back?

[00:36:54] Well, I think the thing about it is.

[00:36:57] Is the mindset of the studios as always has already started to form.

[00:37:02] We've heard it on various podcasts and interviews and things like I listen to

[00:37:08] shot the Sean Finacy, who you've had on your show.

[00:37:10] And he had a great rundown earlier this week about and it was very measured,

[00:37:15] which that's the other thing, too.

[00:37:17] Our conversation and Sean's soliloquy

[00:37:21] this past week measured responses.

[00:37:24] The world has to start realizing, like, what is a hit and what isn't?

[00:37:28] And what's OK? What's not?

[00:37:30] You know, we grew up in, you know,

[00:37:33] he mentioned about the fact that the majority of these billion dollar movies

[00:37:37] have been happening over the last 15 years before that.

[00:37:40] The idea of a billion dollar movie was was like a miracle.

[00:37:45] And, you know, not every movie needs to make a billion dollars.

[00:37:49] And the idea that made it last year.

[00:37:51] Yeah, two made it.

[00:37:53] Well, yeah, two made it.

[00:37:54] And a third one almost made it, but not close.

[00:37:57] You know, like, you know, like 60 million off.

[00:38:00] And so you just kind of you kind of think about it and you're like,

[00:38:03] it's a very rare thing for a billion dollars to happen.

[00:38:06] It's very rare for half a half a billion.

[00:38:10] But, you know,

[00:38:13] I think that you have to look at it from a studio standpoint and say,

[00:38:18] are we making a bunch of IP?

[00:38:22] That is starting to get worn down,

[00:38:25] fatigued, our audience is not wanting to see anymore.

[00:38:28] So what's the response to that?

[00:38:30] It isn't to start making prequels.

[00:38:32] It's to start doing what they should have been doing for the last 10 years.

[00:38:37] Create new IP, create new things.

[00:38:42] People want to see things.

[00:38:44] People want to see original new things.

[00:38:45] Even though Barbie is technically built, you know, is based off a doll.

[00:38:49] It is new and original from those creatives.

[00:38:53] Oppenheimer is original experience.

[00:38:56] Yes, it was a sequel, but Avatar,

[00:38:59] the way of water was brand new worlds and brand new experiences.

[00:39:03] And where could you only see those, Christina, in the movie theater?

[00:39:06] You can't see those at home and you can try to replicate it all you want.

[00:39:10] But everyone will remember when I saw Barbie and when I saw Oppenheimer

[00:39:15] and when I saw this and when I saw that.

[00:39:17] You think about it.

[00:39:18] I talk about this all the time with my family.

[00:39:20] And they're like, yeah, I saw that that one thing on Netflix.

[00:39:23] And it takes them five to six minutes to remember what that thing is.

[00:39:27] But when they see it, they're like, oh, have you seen?

[00:39:30] But last year was like, you saw Oppenheimer, right?

[00:39:32] You saw Barbie. All those are great.

[00:39:34] Every single person saw those movies.

[00:39:37] But when I said a movie like

[00:39:39] May, December, they were like, I don't know what that is.

[00:39:43] I don't know what my story was.

[00:39:44] When did that come out? Is it out?

[00:39:47] No, it comes out in two weeks.

[00:39:48] Oh, it's not already now.

[00:39:49] Oh, well, you know,

[00:39:52] because it's funny how Mr.

[00:39:53] Sorrento's doesn't want to release the numbers on those movies,

[00:39:57] but wants to talk about the two movies that made two and a half billion

[00:40:02] dollars and say that because they'll gladly release the numbers for that.

[00:40:06] It's dumb.

[00:40:08] It's dumb arguments by them in the studios.

[00:40:10] It's just thing they have to

[00:40:12] stop shooting themselves in the foot like you want to make Tom Cruise movies.

[00:40:17] Cool. He should make a new movie

[00:40:19] because these Mission Impossible movies are getting too damn expensive.

[00:40:22] Indiana Jones, who in their right mind thought the de-aging technology was a

[00:40:26] smart move that cost them 300 million dollars?

[00:40:30] They got to take steps forward.

[00:40:32] And that might mean potentially working with some directors on passion projects

[00:40:39] or and taking it does require risk.

[00:40:42] But if the risk is original rather than.

[00:40:47] Like schlopp that nobody wants to see, you can at least build something over time.

[00:40:52] Like Dune is a perfect example.

[00:40:54] That movie released in twenty twenty one

[00:40:59] post pandemic people still getting their vaccines.

[00:41:01] It didn't make a ton of money.

[00:41:04] You know, I mean, it made a good amount, but it didn't.

[00:41:06] It made enough to be like to justify a sequel.

[00:41:08] And they had the day and day releases on the streaming platform.

[00:41:12] Right. On HBO Max.

[00:41:14] It's the highest grossing movie of the year.

[00:41:16] That sequel is the highest grossing movie of the year.

[00:41:18] If you give people new things, they'll go see those things.

[00:41:23] That's what I firmly believe.

[00:41:24] And a little more time in the theaters, I would say.

[00:41:27] Yeah. But what about this?

[00:41:29] Yeah. The studios yesterday,

[00:41:32] Sony head CEO Tony Vincicuera went out and said that films are too

[00:41:38] expensive, so now we're going to lean on support from AI.

[00:41:43] That's how they're going to cut costs.

[00:41:45] Well, I think people are going to stop working at Sony.

[00:41:47] I can tell you that

[00:41:49] also kind of

[00:41:52] kind of have to be careful there because like how much does that violate your

[00:41:55] contracts that you just signed with SAG and the WGA and what you're going to

[00:42:01] be doing at the negotiating table with IOTC probably later this year.

[00:42:05] But

[00:42:07] I can tell you super clear.

[00:42:09] Surround us had gave some very fuzzy answers about in the old times about

[00:42:14] I mean, you can just tell all of them are going to be doing a lot.

[00:42:18] No, because they're because

[00:42:20] yeah, because they're cheap.

[00:42:22] Because as much as much money that they that they're spending,

[00:42:27] they're also cheap like that's the thing too.

[00:42:29] Like a billionaire doesn't billionaires don't want to spend their money.

[00:42:32] It's their money.

[00:42:34] And so they're going to cut corners.

[00:42:36] And this is the ultimate cut corner, which is have.

[00:42:39] But at the same time, Sarandos did.

[00:42:41] He talked out of both sides of his mouth.

[00:42:44] He talked about the benefits of it.

[00:42:45] But then he's like, well, you can tell when a movie is AI.

[00:42:48] And I'm like, yeah, it's most of your action movies that's on your platform.

[00:42:52] Red Notice. You know what I mean?

[00:42:53] So I don't care how many minutes it was downloaded or whatever.

[00:42:57] It still sucked and nobody wanted to see a sequel.

[00:43:00] But what's interesting about Sony thing, it drives me nuts.

[00:43:06] And I have to tell you this story

[00:43:07] because I haven't been really told this story to anybody.

[00:43:10] So South by Southwest happened earlier this year.

[00:43:13] And before every screening, they do a recap of the day before.

[00:43:19] Right.

[00:43:20] And sometimes it's just like showing

[00:43:23] the big movie premiere that happened the day before.

[00:43:25] Well,

[00:43:27] I think it was Tuesday night or Monday night.

[00:43:30] They didn't have a premiere because

[00:43:32] they were giving away the awards for the for the festival.

[00:43:35] And so in the clip package

[00:43:38] was a bunch of people from the tech conference talking about the benefits of AI.

[00:43:44] I have not heard.

[00:43:47] The Paramount Theater be as angry

[00:43:51] about something, and that's to like 2000 people in a theater,

[00:43:56] booing the hell out of the festival that they are at for putting that crap

[00:44:03] up on the big screen, think about that.

[00:44:06] The idea of like you're a film festival

[00:44:09] and you are using this video to spread what happened the last couple of days.

[00:44:15] And what was funny was in the next video, the next day

[00:44:20] had a little bit more in there and it had the Daniels talking about their

[00:44:25] comments that they made earlier this year that went kind of, you know,

[00:44:28] that were very anti that were very anti AI.

[00:44:33] But the way that their language was cut out,

[00:44:36] it made it sound like they were pro AI and people were so angry about that.

[00:44:43] That and nobody talked about this.

[00:44:45] People were so angry about it, they

[00:44:48] couldn't believe that the guys who are like rock stars at South by Southwest

[00:44:53] because that's where everything everywhere all at once premiered

[00:44:56] and everything would are being twisted and people saw right through it.

[00:45:00] So people see right through AI.

[00:45:03] And so if I would tell the Sony

[00:45:05] president and I would tell Mr. Sarandos and I would tell anybody,

[00:45:08] people aren't stupid.

[00:45:11] Because the audiences are telling you with their money what they want

[00:45:16] and they're telling you what they don't want.

[00:45:19] And a lot of this stuff like I'm going to say it,

[00:45:24] if from John Krasinski looks like it was generated through AI,

[00:45:29] like that doesn't look like it's a real thing.

[00:45:31] Like nobody like you can show me all the behind the footage takes of Steve Carell

[00:45:37] in a booth and I'd be like, that's fake, all that's fake.

[00:45:40] And so I don't believe that this movie even exists.

[00:45:43] And that's and that's the end.

[00:45:44] So people see right through the fakeness of things.

[00:45:48] But their plan, I mean, it's their plan.

[00:45:51] It kind of backfire. It could backfire on them.

[00:45:54] I'll tell you this, the average film goer

[00:45:57] won't notice maybe.

[00:46:00] But if you tell them, if you don't tell them,

[00:46:05] because now like that's the thing, there was this big controversy or a little bit

[00:46:08] controversy of the fact that like Anya Taylor Joy went on the on on

[00:46:13] different chat shows and said, oh, yeah, we did use AI

[00:46:16] for like the little girl in Furiosa and everyone went like the hell you did.

[00:46:22] Like they were not happy about it.

[00:46:24] You know what I mean?

[00:46:25] Because one that I mean, it feels like you were duped.

[00:46:30] Like what's real, what's not.

[00:46:32] And it's like, well, these are movies, they're fake.

[00:46:34] It's like, no, people are behind it like real artists.

[00:46:38] And in, you know, you can't have AI

[00:46:41] generated things one day and then finance a Christopher Nolan movie the next.

[00:46:46] And I think what it's going to do, it's going to isolate these studios.

[00:46:50] It's like they're the ones that are

[00:46:51] doing the AI dribble and this is the one financing because like,

[00:46:54] you look at Universal like, yes, Fall Guy hasn't done well,

[00:46:58] but Donald Langley is doing OK, you know, I mean, she I saw her that night.

[00:47:03] She was enjoying the movie and then glad that everybody got to see it.

[00:47:06] And, you know, she's got Christopher Nolan.

[00:47:09] She's got Jordan Peele, you know, she's she's got great.

[00:47:12] She's doing great.

[00:47:13] She's got she's got she's doing honestly what Warner Brothers used to do,

[00:47:18] which is believe in the the the tour.

[00:47:22] And, you know, Warner Brothers has

[00:47:26] they have Villeneuve and they're going to try to get Nolan back.

[00:47:29] And they obviously still have they're going to have Clint Eastwood's last movie.

[00:47:32] They're going to have Joker, not that Todd Phillips or, you know,

[00:47:36] is a is an auteur, but he makes it that last movie made a billion dollars.

[00:47:39] So, you know, it's it's they have hits and everything.

[00:47:44] So yeah.

[00:47:45] And also to darling, she is she's got some wicked movies coming out.

[00:47:49] You know what I mean? So she'll be fine.

[00:47:51] Like, that's the thing also is like,

[00:47:53] I think back to James Gray's comments that he made two years ago or three years

[00:47:58] ago, whatever it was, where he talked about you have to have some.

[00:48:03] Some hits not work or, you know,

[00:48:05] you have to have some hits and you have to have some failures.

[00:48:08] It teaches you, but it's also it's a good thing.

[00:48:10] That's how it used to be.

[00:48:12] You know, not every movie made

[00:48:15] hundreds and hundreds of millions of dollars.

[00:48:16] You have to take risks.

[00:48:18] That's what I'm worried about, just going back to sequels and prequels.

[00:48:22] And it's the risk movies that are making the billion dollars,

[00:48:26] be it a Barbie or past lives.

[00:48:29] Those are the movies, the big and small that are someone is passionate about.

[00:48:34] And to end this all on a positive note from my end,

[00:48:37] that's what I sort of started with,

[00:48:39] that I think that there are a bunch of movies out there

[00:48:43] continuously where you can feel that passion.

[00:48:45] And I mean from the studio execs, big and small as well, that they're really

[00:48:51] following their filmmakers, they're really letting them do what they

[00:48:54] want to do and they're putting their money where their mouth is.

[00:48:57] And then you see what that becomes of that.

[00:48:59] So for you, do you think we'll be celebrating cinema or are you as

[00:49:05] film Twitter looked a couple of days ago, it was like no one will ever go

[00:49:08] into the movies ever again, some Twitter was almost as bad

[00:49:13] as the wasteland and Mad Max.

[00:49:15] Like it was, it was, it was rough.

[00:49:19] You know me, I'm pessimistic when I need to be and I'm optimistic when I need

[00:49:24] to be and it's every issue is a case by case basis.

[00:49:28] I am still very optimistic because the studios are optimistic.

[00:49:34] They're all saying just give me the twenty twenty five and we'll be OK.

[00:49:38] And the slate for twenty twenty five is going to be enormous.

[00:49:42] And, you know, we're going to have.

[00:49:45] I mean, talk about ambition like, yeah, Warner Brothers, they they they gave George

[00:49:51] Miller one hundred and sixty million dollars for a Mad Max movie.

[00:49:53] So pretty cool.

[00:49:54] Also just gave PTA one hundred million dollars to make his next movie.

[00:49:58] So I don't think it's going away.

[00:50:00] You know, I mean, certain things, it's just like, will they be hits?

[00:50:04] God, I hope so. If not, hey, we still got them.

[00:50:07] You know what I mean?

[00:50:07] And the animated dribble or the the superhero movies, the Superman movie

[00:50:13] that they have coming out next year will balance out the books.

[00:50:16] You know what I mean?

[00:50:17] And I do agree with you.

[00:50:19] I mean, like you have to the thing that you have to celebrate is

[00:50:24] independent cinema, you know, movies like Challengers.

[00:50:28] And I saw the TV glow

[00:50:31] in these smaller films that have resonated with audiences and found

[00:50:35] audiences of a war, which was huge.

[00:50:38] You know, you know, it in June, too.

[00:50:42] Well, I'm not as high on the film as others was an enormous is an enormous hit

[00:50:47] and has is spawning a brand new franchise in front of our own eyes,

[00:50:51] which that's that's the kind of that's the blueprint is you have a director

[00:50:56] that's passionate about something, put that vision up on the big screen

[00:50:59] and have it be with sexy, amazing actors and craft people at their finest.

[00:51:06] And we're going to say sexy bacon was.

[00:51:10] Oh, yes.

[00:51:12] Well, I mean, yes.

[00:51:14] And the sexy bacon is that Lea Seydoux and Austin Butler scene.

[00:51:19] But but no, I'm optimistic because there's always going to be a place

[00:51:24] for him. But I think the thing that people have to do is stop jumping off the ledge

[00:51:30] every time a box office statistic comes out there.

[00:51:34] If it doesn't hit it or not, it's going to be OK.

[00:51:37] This is if you look at the slate, it's going to be it's going to be an up

[00:51:40] and down year, it's going to be really rough

[00:51:43] because the strike essentially caused another

[00:51:48] twenty twenty event for the studios.

[00:51:52] They had to move so much back or move things around.

[00:51:55] I mean, think about it, Christina.

[00:51:57] Dune was supposed to come out last year.

[00:52:00] So if you didn't have Dune, what would it look like in terms of hits?

[00:52:05] Godzilla versus Kong two.

[00:52:08] And that only made five hundred million because people were like,

[00:52:11] I already did this already. I don't need to do this again.

[00:52:13] So I think lean into if my call to the studios lean into creating new fun.

[00:52:21] Autor driven, expansive filmmaking, put the biggest stars on the planet in them

[00:52:27] and have the confidence to make them shine and take the risks that are needed

[00:52:33] because they 24 is doing that and they are thriving right now as a as a

[00:52:39] property, as a as a studio and they just won its fifth poem in a row.

[00:52:45] They know what they're doing over there.

[00:52:46] These smaller ones are going to be fine.

[00:52:48] I don't think that cinema is is going away.

[00:52:52] I think it just has to evolve and that changes with time.

[00:52:55] I mean, you know, the 80s was a rough time for not for the studios,

[00:53:00] but for independent filmmakers and then then it's upon the 90s.

[00:53:04] You know,

[00:53:05] we're living now in a post MCU at its strength world.

[00:53:09] And so how does that how do we then get back to,

[00:53:13] you know, what we were before that?

[00:53:15] Make some confident damn blockbusters.

[00:53:18] Make make confident blockbusters the way

[00:53:21] that Celine Song made past lives, make confident blockbusters the way Todd

[00:53:27] Field made tar if you can do that and not throw people under the bus or,

[00:53:33] you know, not derail the costs or anything or have film stars that are

[00:53:38] not film stars because there's some people that are like, OK, clearly you

[00:53:43] need to learn that these people are not movie stars and stop putting them in

[00:53:47] the biggest properties on the planet.

[00:53:48] If they can learn from those mistakes, this this thing's going to live on forever.

[00:53:53] So I'm optimistic and just just go see a movie like you don't have to take.

[00:53:57] Yeah. And I get that it's expensive.

[00:54:00] Yeah. Can I say one more thing?

[00:54:01] And I've never and I haven't been able to say this on any show,

[00:54:05] but it is something to to to to to to to speak about where we are at in

[00:54:11] terms of the consumer, because I think we've talked a lot about this through

[00:54:14] the eyes of the studios and what they need to do as consumers.

[00:54:20] We're going to consume things.

[00:54:22] It's tough out there.

[00:54:23] You know, inflation is in cost and the cost of living has gone

[00:54:27] astronomically high, especially in America, which is the one of the is

[00:54:32] like the second or first biggest market that studios tend to make content for.

[00:54:38] The thing that I think needs to come back

[00:54:41] is and that we kind of all forgot that disappeared during the pandemic

[00:54:47] is not just affordable movies and ticket prices.

[00:54:51] The dollar theater doesn't exist anymore.

[00:54:54] So what is the working man's medium,

[00:54:58] which is the movie theater, has become less and less that we need to as

[00:55:04] consumers and the studios need to realize that this is not this is not if you

[00:55:10] make things affordable and available

[00:55:14] for people to go see, because I guarantee you, if you had dollar theaters here

[00:55:17] where I'm living or around the country, people would go and see maybe if it's not

[00:55:22] a dollar there, maybe it's a five dollar movie theater.

[00:55:25] All right.

[00:55:26] And you put the fall guy in there right now.

[00:55:28] Bet you people go see it.

[00:55:29] I think so, too.

[00:55:30] Now everything I bet you people sure that's not not a streamer.

[00:55:34] I mean, like not everybody can afford

[00:55:36] per person a twenty dollar movie subscription from like Regal or AMC or

[00:55:43] Alamo Drafthouse, but even like then, like you're talking about like food.

[00:55:47] Like I remember going to Alamo Drafthouse

[00:55:50] originally and food there used to be very like it was like, oh, this is

[00:55:54] very affordable. I went recently and I foolishly ate there because I was like,

[00:56:01] well, I'm starving and this is a two and a half hour movie.

[00:56:03] I have to eat.

[00:56:04] And it was it was like more than a restaurant.

[00:56:07] And I didn't know.

[00:56:09] And I was like, this is not the quality of a restaurant.

[00:56:11] Like and so

[00:56:13] and I get that the theaters have to survive, too.

[00:56:16] So it's a weird microcosm.

[00:56:18] I think everybody overreacts like they always do.

[00:56:22] And you just need to take a deep breath.

[00:56:25] Maybe go outside, touch some grass,

[00:56:28] you know, I mean, see that everything's OK and then get your butt over a movie

[00:56:32] theater and then go inside and watch a movie and then go inside

[00:56:36] and put your feet up and watch a damn movie.

[00:56:38] That's all I have to say.

[00:56:39] All right.

[00:56:40] And so we have a lot of things to look forward to this year that we're

[00:56:43] going to be doing together and seeing movies together.

[00:56:45] So we're going to keep as I said in the beginning, we love movies and we're

[00:56:49] going to get at it and I got to see Megalopolis.

[00:56:53] Oh, I'm going to talk to you about that one.

[00:56:56] I am like the only one who talks about that one.

[00:57:00] I am dying to talk about that with you.

[00:57:03] I am like, because call me the minute you see it because

[00:57:09] so Francis, if you're out there, just just just let me see it.

[00:57:12] Put it up at my theater here.

[00:57:14] I want to see a buddy.

[00:57:15] I want to see it on IMAX at some point sometime.

[00:57:19] We got to get a U.S. distribution.

[00:57:21] God, if it's Netflix, good Lord.

[00:57:23] Anyway.

[00:57:24] Thank you so much, Ryan.

[00:57:27] And we'll talk again soon.

[00:57:29] Thank you so much, Christina.

[00:57:34] I am Anne Marie Kelly.

[00:57:36] Wild Precious Life is a podcast about

[00:57:38] dreaming big, digging in and connecting across distance, division and loss.

[00:57:43] In each episode, I talk with prize winning writers, musicians and wanderers

[00:57:47] who remind all of us how we can make the most of the time we have.

[00:57:51] So meet me here.

[00:57:52] Let's walk and talk and dream

[00:57:54] and discover what it means to be wild, precious and brave.