SONY Cuts Back on Production; Even Fewer Adult Movies Coming
Posted: Tue Oct 30, 2012 8:46 pm
http://www.latimes.com/entertainment/en ... 0519.story
Though it still plans to bet big on movies with global blockbuster potential like the second “Amazing Spider-Man” and next year’s “White House Down” from “2012” director Roland Emmerich, Sony is not willing to invest as much as it did in the past on movies aimed at more sophisticated audiences.
“We want to keep playing in the field of commercial movies for adults by being a little more creative about how we finance them,” Belgrad explained.
Sony executives recently told Oscar winner George Clooney and his producing partner Grant Heslov that they couldn’t fully finance their World War II thriller “Monuments Men” at a planned budget of between $70 million and $80 million. 20th Century Fox has agreed to pay for half the movie and split the potential profits or losses.
Though it still plans to bet big on movies with global blockbuster potential like the second “Amazing Spider-Man” and next year’s “White House Down” from “2012” director Roland Emmerich, Sony is not willing to invest as much as it did in the past on movies aimed at more sophisticated audiences.
“We want to keep playing in the field of commercial movies for adults by being a little more creative about how we finance them,” Belgrad explained.
Sony executives recently told Oscar winner George Clooney and his producing partner Grant Heslov that they couldn’t fully finance their World War II thriller “Monuments Men” at a planned budget of between $70 million and $80 million. 20th Century Fox has agreed to pay for half the movie and split the potential profits or losses.