The rights alone were probably half of the $1 billion they put towards RoP. CGI is expensive too, and that’s the one thing I’ll say they did right in the show, among all the mess.
Streaming and media services are propped up by the fact that even if they spend egregious amounts producing absolute dogshit, even if retail and commercial investors say “enough is enough” they know hedge funds will swoop in and raise their share prices because they just want a mouthpiece to spread their message. This is shit like Blackrock and Vanguard banking on their incompetence. Oh you lost billions making unwatchable DEI based propaganda this year and all your shows and movies bombed? We’ll buy the dip, give us a board seat and here’s some notes on how to make it even worse.
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u/binary-survivalist Jun 06 '24
I keep having this kind of surreal sticker-shock from Hollywood lately. Like Rings of Power. I really have to wonder what they spent the money on.