dsimcha wrote:
Of course everyone thinks ~60-70% of what Hollywood puts out is crap. The problem is that everyone thinks that about a **different** ~60-70% because different movies cater to different niches.
Reminds me of the old joke about advertising. Businessmen know that half of their advertising budget is wasted, they just don't know which half.
Having a single centralized "this movie is crap" authority is how dictatorship works. Producing movies even if only a minority thinks they're worth watching, as long as that minority can pay enough to make it profitable is how capitalism works.
Hollywood moguls don't set out to make crap. They set out to make what sells. When they're investing $50 million in a project, they want some assurance that it will sell. Therefore, they look at movies that did sell well and make their new movie like them - that's why sequels are produced, and why stars get big salaries.
For all the drek that this does produce, it still produces far more good stuff than ones where a government agency decides what will be produced. For example, there's all that crap on TV, and then there's "Breaking Bad".
