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Would a studio rather have an Oscar winning movie or a big blockbuster?  That seems to be a big question out of Hollywood studio execs and although it may seem that studios would want the best quality movie possible, the answer is they don’t care.  Cause like anything else, it’s all about money, and big blockbusters are big money.  Transformers: Revenge of the Fallen just won the 2009 Razzie award for Worst Movie of the Year.  Well it also was one of the top money making movies of the year, so as bad as it was, it made a ton of money, and already a 3D third movie is in talks.

But recently a ton of big blockbusters have been very bad.  Sure they have crazy CGI technology and may be entertaining, but they are terrible.  It seems the new trend over the past few years is there is always a few movies each year that goes under the radar, then suddenly blows up around Oscar time and beats out some big time movies.  Crash (2005), Slumdog Millionaire (2009), and now The Hurt Locker (2010) are three small budget movies that have won the Oscar for Best Picture recently.  Event No Country For Old Men (2008) could even be considered a smaller budget movie as well.

In a time when the economy is in a recession, paying millions for big name actors and big names stunts may not be the best way for a studio to get the biggest ROI out of their product.  It may be better for studios to produce smaller budget films but those of better quality and push those.  It won’t require the big money to make, clearly it doesn’t need the big names to draw fans in, and when the positive press gains, the studio will clearly have a great money making movie, and a quality movie on top of it.  They will increase DVD/online sales, TV rights, and additional positive press for the studios.  I hope studios can learn from these smaller movies like The Hurt Locker and can produce better movies for movie fans in the future.

Would you like to see studios produce more small budget but quality movies?