Over the past week, “Avatar” and “Sherlock Holmes” sealed another record-breaking box-office year for Hollywood, with a little help from a trio of singing chipmunks. The economy may not be back on its feet yet, but at least the movie business is recession-proof, right? Not so fast. Blockbusters are attracting huge audiences, but size doesn’t come cheap, and this year — like last year — the studios continued to cut back on the middle ground: the low- to mid-budget films that are rarely enormously profitable but that have nevertheless formed the bedrock of America’s love affair with movies for the best part of the last century. In a society proud to place a high value on independence, movie culture seems increasingly stratified and programmatic. Moviegoing is no longer habitual for most adults; the gamers who flock to “Transformers: Revenge of the Fallen” — the biggest grosser of the year in more ways than one — are impatient with character and nuance, and are simply looking for maximum bang. So long as Hollywood keeps upping the ante, audiences will repay the compliment. But sooner or later, something’s got to give. If film production costs keep escalating, it will be the audience… Read full this story
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