Legendary Pictures closes TV division
This week Legendary Pictures ended its development deal with Warner Brothers, thus ending their TV division, which had only started in January 2011. Former AMC executive Jeremy Elice, who was running the TV division, will be exiting the company as a result. It was rumored that the company closed do to lack of sales and no shows being made. Legendary Pictures says that they will get into TV someday, but not until they feel they are ready.
This is important because Legendary Picture's TV division could have made a great line of series. They could have easily taken one of their many famous movies such as The Dark Knight, Where the Wild Things Are, or even Clash of the Titans into a popular TV show. Instead, they created a division that didn't even make a single series.
As a future filmmaker, this really just puts me at a disadvantage. Everyday the gap to get into the film/ TV industry gets smaller and smaller. With another TV division closing I lose another opportunity to get hired in the future and that gap continues to shrink.
As I read this article, I kept wondering how much money does the film/ TV industry waste. Shouldn't they only put their money into things that will make a profit? It's just weird to think that they most likely hired a lot of new people for this TV division and nothing happened. It's really disappointing to think that some fresh talent could have been passed up just because this division was shut down. I guess that's just money obsessive hollywood for you though.
Honestly, that must really, really suck for Legendary Pictures. I'm pretty sure they spent a great deal of money to get into a development deal with Warner Brothers, only to end that deal. Obviously, the company is not going to make any money if they are not producing any shows. It is only logical. Legendary Pictures should not have gotten into this business if they do not feel ready. It is almost as if they just wasted time and money into something that they gave up on. And I completely agree with you. The film industry is getting tougher and tougher. I know, without a doubt, that there is no space for all of us. Only those with the vision and perseverance will pull through.
ReplyDeleteThe fact that Legendary Pictures was not able to produce a single television show before its tragic ending must have been very devastating to everyone and anyone working in that department. It's like what you mentioned about all the fresh and talented minds being wasted by not having this project go through. I think this might be the worst part of the whole situation because a lot of young people had their hopes and dreams set on this; this might have been their first real job in the film industry and for it to have ended in the way that it did with nothing to show for itself is just horrible. Yet, both you and Jachelle made a strong point about them not being ready...they should have waited when they truly knew they could handle developing a tv show rather than just diving in and merely hoping they could pull it off.
ReplyDeleteI Agree with you Spencer. Every time a Film/TV company closes, its one less opportunity to get into the industry. Going on a tangent here, Why starts a television station without already having Television shows signed for deals. They did this in my part very inexperienced. They should have consulted the experts and done some research before starting a TV Channel
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