In 1981, the first installment of Indiana Jones concluded with the bad guys getting their hands on the Ark of the Covenant only to open it and find their arrogance met with spirits that melt their faces off. 42 years later, there's a certain irony in Lucasfilm crowbarring the franchise chest open again to a righteous wrath of disappointment, criticism, and red ink. Can there be eternal life in IP? Perhaps there is a Holy Grail out there after all, but Larry Postel is here to argue that Hollywood is, for now at least, very much drinking from the wrong cup - CJ
As I write this, there’s a lot of discussion in the film world about the box office failure of Indiana Jones and the Dial of Destiny. With an estimated budget of $329M – plus another estimated $100M in marketing -- that means it must do at least $450M in order to break even. And that’s apparently going to be a tough nut to crack with its soft global opening.
While many studio heads must be scratching their heads wondering what happened, I don’t think it’s that hard to understand: It’s simply another example of studio miscalculation regarding pre-existing IP and the power of branding.
In other words, older fans of original films like Raiders of the Lost Ark won’t/don’t rush out to see sequels (and remakes). They’ll either wait for them to stream – or don’t care at all because they know sequels rarely live up to the original film they loved so much. And younger generations (for the most part), don’t care about the franchise/brand, including the original. Because the title means nothing to them. Even Harrison Ford means nothing to them (of course, no offense to Harrison Ford, one of my favorites).
The bottom line: Studios may think it’s less of a risk spending so much on a known brand, but they’d actually be better off creating original and fresh fare. The investment will be much smaller, and if the film is really good with lots of heart and strong characters, it will potentially draw viewers of all ages and demographics.
Back in 1981 – close to the time I started my own screenwriting career -- just 16% of studio movies were based on pre-existing IP, including adaptations, series, sequels, prequels, and remakes (both foreign and domestic). Not to mention movies based on toys, games, theme park rides, etc. that are increasingly produced these days.
That means over 80 percent of studio films at that time were based on original screenplays written directly for the screen. But today that number is almost reversed. Keep in mind that I’m talking studio films here and not independents, which are typically based on original screenplays.
Looking at this list of some of the best and most iconic original studio films of the 80s, I wonder how many would be produced today. Probably, not many.
Okay, you get the idea. And this list doesn’t include many other iconic and original 80s films, much less all those before and after.
Again, my point here is that original studio films written directly for the screen have been some of our best films ever…the classics we all watch over and over. And, in many cases, the ones that started their own franchises.
So why have studios lost touch with what people really want to see? To a great degree, I believe it’s because they’re driven these days more by Wall Street than Main Street. And, as a result, they’ve lost their focus on what has always driven the business and audiences to theaters: Originality, empathy, and fresh and exciting new worlds and voices. In other words, studios are interested in what they think are the safest investments due to brand/title recognition – but what they’re really doing is turning away both young and older audiences by the miscalculations and contradictions before their very eyes.
Based on the decline of original films – and even the embrace by studios regarding the potential of AI in storytelling -- it’s as if studios are forgetting that there are many very capable screenwriters who love movies and creating new stories with themes and characters that will resonate with audiences today. I consider myself one of them.
When we write screenplays, not only do we create a structure we believe is best for our story and film, but we also strive to create new worlds that are both entertaining and inspirational. Just like novelists and playwrights do for their respective mediums, screenwriters are specialists in knowing how to craft stories meant for our medium. Our original screenplays already take into account the basic parameters of feature-length filmmaking and production, in addition to the fundamentals of solid storytelling, such as developing character arcs within a realistic timeframe for a film.
As we all know, books don’t necessarily translate well onto the screen. And sequels and remakes rarely live up to the original – because the original film was written to be a self-contained story that stands alone on its own as a compelling piece of work.
Sure, I know there are always exceptions to the rule – and there have been many brilliant sequels and remakes (and adaptations). But I also know that all those works were once developed and written as original stories. And audiences obviously loved those original stories enough for studios to believe they’d want to see more. So why the reluctance to create original new stories that could very well create new sets of fans – and maybe even drive them into the theaters? Again, I believe it’s due to the studios’ singular focus on Wall Street and the illogical fear of risk-taking on original ideas.
I’d be remiss in not mentioning that the WGA strike -- which I completely support as a proud WGA member -- is also playing a key factor in the current soft summer box office. For without late-night talk shows, which are shuttered due to the strike, it’s a huge promotional loss for studio films. Oh, the irony of that.
So, when looking at the declining box office, let’s not blame the public for not coming out (and certainly not the writers). It’s the studios who need to take a hard look at what people really want to see in movies. And it’s obviously not the same ‘ol same ‘ol.
Comments
Robert Bruinewoud
Tue, 2023-07-11 03:57
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back in June 2020, some "guru
back in June 2020, some "guru" wrote this advice to wannabe screenwriters:
“Always go after IP before starting in on an original idea. Buyers have told me multiple times they won’t look at anything not based on IP.”
this made me a little ticked-off — particularly because, at the time, i was in the process of releasing my 'first' script (*Rain Dogs*) out into the wild — so i wrote a similarly-titled rant on my blog: **IP, or not IP, that is the question**
not the most elegant piece of writing, but I felt better after writing it: https://assortedprojects.net/the-blog/2020/6/10/ip-or-not-ip-that-is-the-question
Jim Boston
Tue, 2023-07-11 09:23
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Larry, thanks so darn much
Larry, thanks so darn much for posting this!
Gheda Vuai
Tue, 2023-07-11 15:28
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Thank you for the article,
Thank you for the article, Larry. Nowadays, most of Hollywood movies have the same formula and they are very predictable. I wish we can see fresh movies which will surprise me and not make me say I have seen this before or there are countless of stories like this which I have already seen before. There are many original stories out there from different parts of the world with unique voices and human life experiences but sadly most of them will never be made and be shown to people in TV. I wish they can give chance to other storytellers out there who are unknown and not having the same ideas as the ones they are close to or working with. But it is still a risk and most people like to play safe.
Larry Postel
Tue, 2023-07-11 15:41
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You're very welcome, Gheda,
You're very welcome, Gheda, and I hope my article inspires you to stick with your writing and to never give up -- because I know there are producers out there who are looking for original voices based on a variety of experiences and cultures from all over the world. While it's true that studios unfortunately do stick to the formula (and IP), I recommend pursuing independent producers, and there a lot more of them than studios anyway. With that in mind, make sure to keep your scripts low budget with limited locations. That will give you the best chance to find an independent producer. Best of luck to you all!
Gheda Vuai
Tue, 2023-07-11 16:15
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Thank you, Larry for replying
Thank you, Larry for replying my comment and motivating me. I am currently writing a feature and a short film now, but I will keep in mind about the low budget and the limited locations in my future scripts and hopefully I will find an Independent producer one day who will be interested with my stories.