Steven Gaydos Executive VP of ContentAll the signs of impending major disruptions to the wobbly business model of the theatrical specialty film industry have been blasting at us like a neon marquee in Times Square for nearly two decades. ¶Among the premonitory events that signaled loud warnings of big-time arthouse heartaches: The 2004 pic “Crash” was regarded at the time as a solidly commercial indie hit, some good news for the indie film sector which was already deep in decline from its mid-90s market share high of roughly 15% of U.S.
box office.Its bigger impact, however, was its left-field Oscar best picture win, widely acknowledged at the time as watershed moment for the impact of small-screen viewings on Academy voters.
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