2012 was a banner year for Hollywood. The final tally of the domestic movie box office was a record-breaking $11 billion dollars. Even with the apparent box office success, the film industry is facing challenges from decreasing ticket sales and increasing competition from small screen competitors. How is the film industry dealing with increasing competition digital streaming sites like Netflix and premium programming from HBO?
In her new book, “The $11 Billion Year: From Sundance to the Oscars, An Inside Look at the Changing Hollywood System,” Anne Thompson examines how Hollywood is adapting to changes in the entertainment industry. The book chronicles the 2012 year of film, examining studio blockbusters like John Carter and the Hunger Games and festival darlings such as Moonrise Kingdom.
What did the film industry do to produce a record-breaking year in 2012? How will the success of the 2012 films impact upcoming movie slates and studio decisions? Why do some films become blockbusters while others flop?
Anne Thompson, Founder and Editor-in-Chief of the industry blog, “Thompson on Hollywood,” and the author of “The $11 Billion Year: From Sundance to the Oscars, An Inside Look at the Changing Hollywood System” (HarperCollins, 2014)