The Updated Classic Movie
Amanda Schoenecker
Reuter
Economics
19 March 2017
The Updated Classic Movie
With the pressure of coming out with new movies, Disney decided to produce a remake of Beauty and the Beast which was released on March 17th, 2017. With remakes, there are always modifications from the original which sometimes turn out good, otherwise not so much. At least with this classic plotline, the new remake did exceed consumer expectations compared to the original movie which was released in theatres on September 29th, 1991.
For those who don’t know the plotline, it’s about a superficial, selfish prince who becomes cursed. The curse makes the prince an ugly beast due to his treatment towards others. In order to reverse the spell, the beast must find true love from a young woman.That’s when Belle, a girl from the village, comes along. She was captured by the beast when trying to save her father and became a prisoner. Eventually, the two fall in love and the curse is broken which is shown by the beast returning to his original looks.
The tradeoff between his behavior and looks was definitely worth it because the opportunity cost was changing his selfishness to kindness which is a positive gain. Of course, the plotline between the old and new film were the same, but there were some changes. The most dramatic change between the two movies was the animation vs. real life depiction. Other than that, there were some minor alterations that weren’t too pertinent.
In terms of economic success, the new movie exceeded the old movie in regards to domestic opening weekend sales. The original had ticket sales of $162,146 compared to the new movie with sales of $174.750,616. Despite the fact that people would have more drawn since they knew the plotline, people still went to see the new version due to the real life depiction and a more modern take on the story.
Part of the higher quality for the new movie could have been due to the factors of production. The new movie had a budget of $100,000,000, while the old movie had a budget of $20,000,000. In addition to the higher budget, there are also more innovative techniques and technologies that allow films to be produced with better features. The difference in quality is shown in the link which is a preview of each movie. Otherwise, the picture demonstrates the variation between the animation and real life characters.
In conclusion, it is a good idea for producers to remake older films because in our free market economy we encourage competition. It is always interesting to watch an older film in a more modern way and compare the two to see which is better. The supply of these movie films will only increase due to the new technological updates which will improve the quality of movies and increase the desire of consumers to watch these films. In my opinion, I think the new version was more intriguing than the original animated film. I may be slightly bias because I typically am not a huge fan of animated movies. It will be interesting to watch more recreations of classic movies in the future.
Works Cited
Erbland, Film / By Kate, Film / By Tim League, Television / By Hanh Nguyen, Film / By Steve Greene, Film / By Jude Dry, Television / By Yoselin Acevedo, Film / By Zack Sharf, Film / By Yoselin Acevedo, and Film / By Eric Kohn. "IndieWire." IndieWire. N.p., n.d. Web. 20 Mar. 2017.
"Movie Comparison: Beauty and the Beast (1991) vs. Beauty and the Beast (2017)." The Numbers. N.p., n.d. Web. 20 Mar. 2017.
"Beauty and The Beast." IMDb. IMDb.com, n.d. Web. 20 Mar. 2017.
0 Response to "The Updated Classic Movie"
Post a Comment