Studio—and Cameron—hedged bets on $500M megapicture
(NEWSER) - James Cameron’s 3D game-changer Avatar may end up costing upwards of $500 million to produce and market, but, strangely, no one at the studio is losing sleep over the possibility of a flop. The business just isn’t the same as it used to be, when the collapse of a blockbuster could in turn bring down a studio. Multiple financial partners, in-house advertising opportunities, and a new approach to the business of filmmaking spread the risk—and the potential wealth. More»