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HT Rewind 2024 | Just sequels? How Hollywood stifled creativity as franchises and remakes dominated the box office

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HT Rewind 2024 | Just sequels? How Hollywood stifled creativity as franchises and remakes dominated the box office

With all the highest-grossing films of the year either remakes, spinoffs, or sequels, the franchise model dominated Hollywood in 2024. A glance at the top ten highest-grossing Hollywood films of 2024 immediately reveals a telling pattern. All ten titles are sequels, remakes, or part of some franchise or cinematic universe.

This is, perhaps, the first time in the history of Western cinema when not a single ‘original’ story has managed to be among the year’s biggest films. The failure of much-hyped films like Megalopolis ensured that. But while in some cases. The clouds do not seem to be dissipating.

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originality failing was a case of bad quality, the sheer overwhelming domination of franchises shows that, at some level, Hollywood has stopped pushing original content. Years from now, when there is an obvious backlash to this trend, 2024 will be seen as the year when it all comes to a head.

Sequels, remakes, and spinoffs galore

Hollywood’s obsession with recognisable IPs is not new. For over three decades, studios have pushed sequels, franchises, and any way to make money based on the audience’s familiarity with characters and worlds. The birth of cinematic universes in 2008 sent that into top gear. This year, the world’s top 10 grossing films include nine Hollywood films.

Hollywood’s obsession with recognisable IPs is not new. For over three decades, studios have pushed sequels, franchises, and any way to make money based on the audience’s familiarity with characters and worlds. The birth of cinematic universes in 2008 sent that into top gear. This year, the world’s top 10 grossing films include nine Hollywood films.

all remakes or sequels -Inside Out 2, Deadpool & Wolverine, Despicable Me 4, Moana 2, Dune Part Two, Wicked, Godzilla x Kong: The New Empire, Kung Fu Panda 4, and Venom: The Last Dance 4. Incidentally, the only non-American film on the list – the Chinese film YOLO – is also a remake, an adaptation of the Japanese film 100 Yen Love.

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Independent cinema falls prey to franchise culture too

For decades, Independent cinema had existed as the bastion of originality and ‘different’ content. Unhindered by the studios’ demands and rules, indie filmmakers experimented with concepts and genres more freely. But this decade has shown that the last bastion is falling, too.

The highest-grossing indie film of the year is not just a sequel but a threequel. Terrifer 3, a horror film, made just $2 million, grossed $90 million worldwide, and even beat Joker 2 at the box office. It is now the highest-grossing unrated film in cinema history, and trade insiders feel that may encourage independent cinema to look at repeatable IPs.

Where did the originality go?

Original cinema has existed. Megalopolis, Francis Ford Coppla’s ambitious project, is the biggest example of it. That a filmmaker of his calibre had to invest $120 million of his own money to distribute and release it speaks volumes of the ‘acceptance’ of original ideas in Hollywood. The eventual box office debacle of the film means that studios will be even harder on original ideas that do not check all the boxes for a summer blockbuster.

The road ahead

Even beyond that, the hope for originality is bleak. Even Christopher Nolan’s next is an adaptation of one of the oldest to epics in history – The Odyssey. One can now wait for the next Jordan Peele film or a breakaway sleeper hit to correct the course somewhat. However, given the lack of support from the studios, it remains a tall order.

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Hollywood

LA wildfires might cause the 2025 Oscars to be cancelled for the first time in 96 years: Report

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LA wildfires might cause the 2025 Oscars to be cancelled for the first time in 96 years: Report

LA wildfires pose a threat on the Oscars. The prestigious award ceremony may be cancelled for the first time in 96 years due to devastation and loss of life. 
The devastating Los Angeles wildfires have wreaked havoc on the city, leading to evacuations and loss of lives. Now, according to a report in The Sun, the Oscars awards ceremony is on the verge of being canceled for the first time in its 96-year history because of the deadly wildfires.

Oscars 2025 to be canceled?

An insider told the news portal, “The board’s main concern at this time is to not appear as if they are celebrating while many Angelenos are dealing with heartbreak and unimaginable loss. Even if the fires were to subside in the next week, the reality is that the city is still hurting and will continue to deal with that pain for months. Therefore, the hierarchy has decided that the focus will shift toward support and fundraising when the right opportunities present themselves.”

A secret “contingency strategy” put in place

Even when the world was in lockdown in 2021, the awards were postponed by two months rather than being canceled. However, the official Academy Awards ceremony, led by stars including Tom Hanks, Emma Stone, Meryl Streep, and Steven Spielberg, are now monitoring the situation in LA to decide whether the ceremony needs to be called off because of the devastation in the city. The devastating wildfires have prompted a secret “contingency strategy” to potentially call off the ceremony. The last time such a strategy was put in place was after 9/11.

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According to the report, even if the Oscars awards ceremony does take place, the goody bags worth £140,000 ($171,000) will be scrapped. Previously, the goody bags included a three-night stay in the Swiss Alps, beauty treatments, jewelry, and a £1,000 ($1,220) barbecue grill. However, they have now been deemed “in bad taste” by board members.

The Academy of Motion Picture Arts and Sciences has extended the nomination voting period to January 17 and will now announce its nominees at a virtual event on Thursday (January 23). The LA wildfires have destroyed the homes of many A-listers, including Mandy Moore, Paris Hilton, and others. So far, 25 people have lost their lives, and that figure is expected to rise as emergency services continue their search through the rubble.

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