Naman Ramachandran James Murdoch, former CEO of 21st Century Fox, and founder and CEO of Lupa Systems, is heralding a future that spotlights creator-led franchises.Delivering the opening keynote speech at the annual APOS conference, Murdoch said that the emergence of massive conglomerates meant that “there is less room for truly original work (and) lots more derivative work,” but with higher budgets, whether it’s in films or series.
In this scenario, mid-market genres such as literary adaptations have limited room, Murdoch said.“I think there is a real question about what the creative output is going to look like within these large conglomerates and what established and talented creators are going to want to do,” Murdoch said.
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