Global box office explains why Hansel & Gretel: Witch Hunters, which underperformed in the U.S., warranted a sequel, but why on earth would there be a Jarhead 2 nine years after the original, with none of the original principals attached? Matt Patches of Grantland breaks down the strategy and economics of such a move, which is not so different than reviving a ghost brand of cereal. An excerpt:
“There are blunt and nuanced answers to the inevitable ‘Why!?’ The obvious: money. Less obvious: A potential to serve audiences hungry for stories with budget-sensible vehicles. That’s Glenn Ross’s prerogative. As general manager and executive vice-president of Universal 1440 Entertainment, the production arm of Universal Studios Home Entertainment, Ross hunts for available brands to mine. It’s not unlike a typical movie studio, though Ross doesn’t have the time to work like the theatrical side. He works quickly and aggressively. He caters to fans and creates results. Judging from Universal Studios Home Entertainment’s history, he’s doing something right.
The officially sanctioned Jarhead sequel joins a swarm of thought-dead brands revived through cunning straight-to-DVD strategy. Universal Home Entertainment, which is releasing Jarhead 2: Field of Fire on Blu-ray, DVD, and VOD platforms, has ‘non-theatrical’ (‘direct-to-DVD’ being the archaic term) production down to a science. The company releases five to seven titles a year. The annual slates are eclectic: In the past four years, Universal has released The Scorpion King 3: Battle for Redemption,Saige Paints the Sky, Death Race 3: Inferno, Honey 2,Blue Crush 2, Curse of Chucky (the franchise’s sixth installment), and The Little Rascals Save the Day (a quasi-continuation of the studio’s 1994 remake). Competitive studios keep their own plates spinning, with Fox Home Entertainment (Marley & Me: The Puppy Years, Tooth Fairy 2, Flicka: Country Pride, Wrong Turn 5 & 6, and Joy Ride 3), Paramount Famous Productions (Mean Girls 2), and Warner Premiere (Ace Ventura: Pet Detective Jr.; House Party: Tonight’s the Night; and DC Comics’ animated output) producing new titles for streaming platforms and Redbox kiosks.
Ross looks at Jarhead 2 and sees an entirely new face to the non-theatrical business.”
Tags: Glenn Ross, Matt Patches