Report: Blu-ray Can't Overcome Escalating Movie Costs

[gadgtfreek]

http://www.homemediamagazine.com/news/html/breaking_article.cfm?article_id=12791

[FONT=arial, helvetica, sans-serif]Despite the emergence of Blu-ray and projected 14.6% annual growth of electronic media through 2011, spiraling movie production costs threaten studio margins, according to a new report.

Adams Media Research found that while major U.S. studio feature film revenue is projected to grow 6% annually from $34.9 billion in 2007 to $41.6 billion in 2011, film budget expenses are growing 10% annually. [/FONT]

 

[navychop]

Of course, creative accounting and overblown salaries have nothing to do with it!

 

[gadgtfreek]

Plus the fact they finance 19 pcs of crap for every 20. I wonder how some of these movies get funding in the first place.