Peter Chernin discusses 'Backrooms' success, Hollywood's risk aversion, and industry challenges
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Summary
Peter Chernin, former News Corp. president and Fox Group chairman, discusses the surprise success of the low-budget horror film 'Backrooms' (which grossed over $200M globally after originating on YouTube), critiques Hollywood's risk-averse approach over the past decade, and shares insights on what the industry needs to do to revitalize itself. The article covers Chernin's perspective on appealing to young audiences, sequel fatigue, and the state of Hollywood mergers.
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Twitter / XPeter Chernin discusses 'Backrooms' success, Hollywood's risk aversion, and industry challengespca.stKey quotes
· 2 pulledThe low-budget horror film 'Backrooms' is the surprise hit of the summer so far, netting more than $200 million globally in its leap from YouTube to the big screen.
Kara and Peter talk about why 'Backrooms' appealed to young audiences, how Hollywood has played it too safe over the last decade, and what it needs to do to revitalize itself.
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