Tsujimoto went on to argue that an economic slump wouldn't prevent people from purchasing pricier games. “Just because there’s a recession doesn’t mean you won’t go to the movie theater or go to your favorite artist’s concert. High-quality games will continue to sell,” he said.

source

[–] PrettyLights 24 points 4 months ago (16 children)

That chart shows a drop due to the pandemic shutdowns, and subsequent culture shift to faster (or day 1) home streaming releases.

If it were more closely related to recession, we'd see a noticeable drop in 2008 as well.

[–] [email protected] 6 points 4 months ago (4 children)

What I see in this graph is a nosedive in 2020, then things getting normal in 2022 to 2023, and immediately going into nosedive again in the latter half of 2023 with the cost of living crisis.

Frankly, I wouldn't care if cinemas died out completely. Get much better sound and picture quality at home, anyway.

[–] [email protected] 4 points 4 months ago (1 children)

Avatar 2 is still one of the most successful films of all time. Barbie and Oppenheimer did well as well.

I think the main problem is that Hollywood doesn’t have that many big blockbuster franchises ongoing. There aren’t that many new movies that attract viewers. Superhero movies are finished. Star Wars is mostly TV now. Hollywood hasn’t managed to find any replacement for these franchises.

[–] [email protected] 3 points 4 months ago

Yeah, Hollywood has become even more risk-averse than in the old days and boring. There used to be a new original Hollywood film coming out every month. Now all you have is reboots, rehashes and sequels. Avatar 2, Barbie and Oppenheimer are an exception. Even though technically Avatar 2 is a sequel and the Manhatten project has been covered very well before—the TV series Manhattan was exceptionally good and in 1989 there was Fat Man and Little Boy which was OK.

Netflix used to be the risk-taking innovator for a while (Okja, Birdbox) but that has died, too.

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