Skip to main content
  1. Home
  2. Entertainment
  3. News

Steven Soderbergh says that mid-budget movies underperforming at the box office is ‘not a good thing for movies’

Add as a preferred source on Google
Michael Fassbender leans against a wall and looks the other way in Black Bag.
Focus Features

After Steven Soderbergh’s Black Bag underperformed at the domestic box office despite a strong critical response, the director reflected on the movie’s public reception. In speaking with The Independent, Soderbergh said that the muted reception for his movie is a bad omen for Hollywood more generally.

“This is the kind of film I made my career on,” he said. “And if a mid-level budget, star-driven movie can’t seem to get people over the age of 25 years old to come out to theaters — if that’s truly a dead zone — then that’s not a good thing for movies. What’s gonna happen to the person behind me who wants to make this kind of film?”

Recommended Videos

“I know for a fact, having talked to somebody who works at another studio, that the Monday after Black Bag opened, the conversation in the morning meeting was: ‘What does this mean when you can’t get a movie like this to perform?’ And that’s frustrating,” he continued.

Black Bag stars Michael Fassbender and Cate Blanchett as two British spies who begin to do some clandestine work on one another. The movie was released by Focus Features, and Soderbergh said that the studio told him the movie will turn a profit.

Still, “the bottom line is that we need to figure out a way to cultivate this audience for movies that are in this mid-range, that aren’t fantasy spectacles or low-budget horror movies,” the director said. “They’re movies for grown-ups, and those can’t just go away.”

Soderbergh added that many of his most famous movies might not get made today: “Erin Brockovich wouldn’t get made today; Traffic wouldn’t get made. Unless you get Timothée Chalamet who, god bless him, seems to be interested in doing different kinds of movies. But that window is getting smaller and smaller for filmmakers to climb through.”

Joe Allen
Joe Allen is a freelance writer at Digital Trends, where he covers Movies and TV. He frequently writes streaming…
An AI-generated movie flopped in China despite its budget and Hollywood must take notes
China’s AI-made movie bombed at the box office while a human-made low-budget, animated film struck gold.
empty-movie-hall

China just gave Hollywood a cautionary tale about AI filmmaking. Sanxingdui: Future Past, billed as the country's first fully AI-generated movie, hit theaters on October 23 and bombed at the box office.

According to Futurism, the film's reported $1.5 million production budget landed on more than 10,000 screens. Yet it pulled in only about $181,000, averaging roughly $20 per screen, making the budget difficult to recover.

Read more
Grok’s AI-generated Odyssey series is seven minutes of nothing happening beautifully
The landscapes look convincing. The fake Hugh Jackman and Instagram-face amalgamation playing Penelope are harder to forgive.
Uniform ships Odyssey by Grok

Some of the best shots in Grok Imagine’s AI-made Odyssey don’t contain actors. Ancient landscapes stretch into the distance. Close-ups of grimy hands suggest people who have touched something rougher than a keyboard. For a few seconds, the illusion holds.

https://twitter.com/imagine/status/2113712964419063911

Read more
YouTube’s next big upgrade could make videos use 30% less data
AV2 could reduce the data needed to stream videos while enabling better HDR and multi-view experiences.
youtube-feature-upgrade-TV-4k

YouTube videos could soon look better without eating quite so much data, right? Thankfully, the platform plans to introduce a new video format called AV2 on its web player in early 2027, promising more efficient streaming and potentially fewer playback hiccups on slower internet connections. The big headline is a roughly 30% improvement in compression efficiency over AV1, YouTube's existing video format. That doesn't guarantee every video will use 30% less data, but it could make streaming a little easier on both internet connections and data allowances.

What is AV2, and why should viewers care?

Read more