I mean at this point no one should be surprised. Top billed stars and hot shot producers are the only ones who make money. Backend deals will always fail otherwise.
I'm always more surprised that all the union shit and negotiations that happens yet this issue still has not been addressed.
Ah, the old argument that the internet is just for cat videos and tik tok dancing. Feels like this guy was probably one of those, "digital cinema cameras are NOT cinema cameras! Film is the ONLY way to film true cinema!" guys. But hey, pull out your Nokia 3310 and blackberry while reading the news under whale oil lamps while you are at it you dinosaur!
Of course this shill wants exclusive access to movies as his job is dependent on it. Streaming will replace theaters in the future whether this guy likes it or not. They will decried TV releases, VHS and Blockbuster back in the day and streaming is just another in a long line of advancements that shake up the status quo and scare these old shits.
Under 500mb?! Holy shit that is heavily compressed.
I always find it funny when I hear these old timers talk about this stuff. He isn't in the biz anymore and his best days are behind him so of course anything coming out now is "inferior" or "not like we made 'em back in the day".
And even more so, this man oversaw Paramount in the mid 70s and pumped out movies like Bad News Bears Go to Japan which was 91 minutes long and shockingly bad. Yes he was there for movies that have had cultural impact but those dont happen all the time.
He like the rest of Hollywood didn't make movies because he thought they were going to somehow echo throughout the ages. They made movies to make money. Netflix and Amazon are doing the same thing.
If anything we are in a world where no names are getting more opportunities than ever. Between social media, youtube and platforms like Netflix open to buying movies to fill their catalog, newbies have less of a glass ceiling than those did during his era.
I mean it is the reality that we are all facing. Unless the stars put up the money for the movie, the studio is the one getting hit with the interest rate on the loans the longer the movie isn't released. Even if everyone was vaccinated tomorrow, it would still be awhile before theaters could reach normal capacity.
Personally to me the problem is that the academy awards are for a super niche market that doesn't apply to most people anymore. What's worse is that it has become a series of awards that cater to a very specific type of movie and most studios exploit that. Like clockwork every year you can see the flood of "Oscar bait" movies released toward the end of the year.
The last decade or so, when the awards were announced and I hear the nominees I always think "meh haven't seen any of those and aren't interested".
Looking at the best picture winners I think the last one I watched was Spotlight in 2016. Haven't bothered with the rest since then. And even then I didn't watch it theaters, it was like two years after at home.
Honestly when I think of the academy awards these days I always think of the fake trailer "Satan's Alley" in front of Tropic Thunder.