This explains what I’ve been wondering about, both here on the blog and on my podcast: Disney’s current strategy of “nothing but live-action reboots and Frozen 2.” It also jibes with the news that they’re done making Star Wars films for the time being (and with the rumors that the test screening for Episode 9 have not been going well).
In a nutshell, movies are too expensive and risky to make when there’s a cheapier method to getting content onto the screen.
If you spend $250 on a movie, you’ve got a single run in theaters plus home-video sales to make your money back. If the movie doesn’t find an audience, that’s a bunch of sales you aren’t going to get.
But if you have a captive audience of people throwing down $7 a month for all of your content, you don’t need to worry so hard. They’re paying, and you just have to keep putting half-way decent content up, and they’ll be happy.
So it appears that the Spielbergs and Scorseses are wrong: this is what cinema is going to be. If a powerhouse like Disney decides it’s not worth it to put Star Wars movies in theaters, then movie theaters are going the way of the dodo.