Methods: A total of 942 members of a population-based, prospective cohort study were followed biennially to identify incident dementia cases. Cox proportional hazards models were used to estimate the risk of dementia in relation to baseline total number of activities and time commitment to reading and hobbies.
Results: A lower risk for dementia was found for a greater number of activities and for a high (about 1 hour each day) compared with low (less than 30 minutes each day) weekly time commitment to hobbies, independent of covariates. Only the protective effect of hobbies remained after methods were used to minimize bias due to potential preclinical dementia.
Musicals are a risk, generally, but that didn't stop director Tom Hooper from taking on one of the biggest musicals to hit Broadway. Hooper was adamant about recording the voices on set. It easily could have backfired, but it allowed all the songs to shine.
Never was there ever a film so creepy as Cats. Audiences loved the songs but agreed the decision to animate the actors into cats with human-like features was not the way to go. It was a major risk and had good intentions, but having all the actors wear cat ears instead might have been better.
As the first-ever full-length animated feature, Snow White was the OG risk-taker who paved the way for the entire animated film category. In its first year of release, it grossed $8M, which would have been around $180M today. At the end of 2022, Disney released its 61st animated film and is now one of the "Big Five" film production companies.
Some risks go beyond the story of a film, and in the case of the 2017 version of The Mummy, the risk was all in setting up a cinematic universe before allowing the film to succeed. Spoiler: It didn't.
There was a lot of risk in developing a story centered around heavily used CGI effects, backgrounds, and people. Right place. Right time. This film exploded onto the scene, and director James Cameron broke his own box-office record set by Titanic.
But it's true that Die Hard, in a way, was a major risk having a guy who looked like Willis in the leading role. The result was a character getting the hell beat out of him, which made it seem more like an underdog story and less of a badass easily taking out bad guys.
It's almost unanimous that the third act of Wonder Woman didn't work well, but that lesson wasn't learned in its sequel. It took a lot of risks making the script goofier and some questionable decisions with Diana Prince's character, which fans ultimately hated.
Oof. Where does one begin with Exodus? Darkened faces of white cast members? The overall silliness of making this story into some great war film? The real risk was at the jump: having director Ridley Scott take on a project like this. The director who brought you films like Alien and The Martian was a daring choice for a biblical epic that seemed to offend everyone across the board.
I feel like people undersell how risky this film was at the time. Other than Mission to Mars and Country Bear Jamboree (both were unsuccessful), creating a movie based on a ride was a waste of time and money. Pirates had no business being so good, and based on how many other ride adaptations have been made since (very few), it shows how special its success was.
Not much to say about this one. Audiences didn't like it. Critics didn't like it. It cost 150M to make, and it didn't earn it back at the box office. They also took the risk of having Hugh Jackman randomly sing "Smells Like Teen Spirit," and it stands as one of the most out-of-place movie scenes ever.
Jordan Peele might be a household name now, but no one really talks about the huge risk of letting that comedian from MadTV and Key & Peele write and direct a horror film. He gave the world Get Out, which might be one of this century's most imaginative, thrilling films.
So many children's stories have excelled on the big screen (see films like Willy Wonka and the Chocolate Factory and Matilda). The idea of Spielberg taking on another Dahl classic seemed like a can't-miss project, but the elephant in the room was the big risk of a Big Friendly CGI Giant.
George Miller did the unthinkable and revived his own franchise with a bold new vision. Every step of world-building in this film was its own risk, but everything landed a perfect 10. It won six Academy Awards.
Hey, Phantom Menace is my favorite prequel. It's the epitome of risk and the perfect film to end on. That said...the CGI wasn't fully cooked. The story needed fixing, but it seemed like George Lucas had full control and a lot of "yes men" around him. The big one was that the film tried to explain the Force's existence, which, decades later, seems to be the withstanding problem with the film. Instead of delivering an interesting origin story that felt similar to the original films, it flipped Star Wars into just another "chosen one" tale by telling us Anakin is essentially Force Jesus.
Alex Sidorenko, known for his risk management blog , has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.
This course gives guidance, motivation, critical information, and practical case studies to move beyond traditional risk governance, helping ensure risk management is not a stand-alone process but a change driver for business.
Whether a greenlit film can become a hit is an art, not a science. It requires more than a bit of luck and intuition. This instinct is anathema to functionaries used to reducing inefficiencies at major corporations. A Harvard business grad, Hirschfeld had a more risk-averse approach to filmmaking, wanting to invest sensible amounts of money in films and future diverse revenue streams that would guarantee returns.
New media streaming platforms are a culmination of techniques for risk management in the industry. Among other things, they represent a radical break with previous measures of success. If a Warner Brothers movie bombs, everyone knows it, whereas streamers care more about subscriber retention than box-office returns. Thus, the streaming platforms are awash in a constant churn of content, seeking to entice and retain viewers with novelty.
From the 1980s to today, the film industry has had to contend with financial constraints and innovations that have had an undeniable effect on the quality of films produced. Through market research and data analytics, it has been able to more easily manage the inherent risk of the industry at the cost of the films themselves.
3. Apollo 13 (1995): This gripping true story of the ill-fated Apollo 13 mission showcases the importance of risk mitigation and crisis management in high-stakes situations. The NASA team must overcome multiple obstacles to bring the astronauts back safely.
4. Margin Call (2011): Set during the 2008 financial crisis, this film delves into the ethical dilemmas faced by a Wall Street investment bank as they discover the extent of their financial risk exposure. It underscores the need for transparency and responsible risk management in the financial industry.
5. The Social Network (2010): This biographical drama explores the rise of Facebook and the legal disputes faced by its founder, Mark Zuckerberg. It highlights the risks associated with intellectual property, personal relationships, and business ventures.
6. Jurassic Park (1993): In this sci-fi classic, the risks of cloning and reanimating dinosaurs lead to disastrous consequences. The movie serves as a cautionary tale about the potential risks of scientific advancements and the importance of contingency planning.
7. Sully (2016): Based on the true story of US Airways Flight 1549, which successfully landed on the Hudson River after engine failures, the movie showcases the significance of quick thinking and effective risk management in aviation.
10. Money Monster (2016): This thriller revolves around a financial TV host held hostage on air by an irate investor who lost his savings following a bad investment recommendation. It underscores the need for accountability and responsible risk communication in the financial industry.
Reason To recommend: Movie starts from the Risk management department of investment bank and revolves around forecast made by risk management and the decisions taken by board of investment bank. After watching this movie, you will understand the importance of risk management department.
The role of financing markets and potential sources of market failure in the allocation of funds has been studied extensively in the general finance literature (Stiglitz and Weiss 1986, Bell et al. 1990, Pagano and Jappelli 1993, Besley 1994, Aglietta and Breton 2001, Phillips 2004), and financing in the movie industry in particular (Phillips 2004, Hjort 2012, La Torre 2014, Ravid 2018). The high levels of uncertainty and the low general availability of tangible assets in the industry make US film finance an iconic case for studying the evolution of lending markets, the development of new risk devices by the private sector, and the use of alternative collateral sources.
Naturally, key stakeholders in US film finance have found a variety of ways to make the pertaining financial and commercial risks more manageable in the sector. In a recent study (Cuntz et al. 2023), we map out the debt-financing landscape in the US and identify the most common types of financial deals in the movie industry, including innovative devices to mitigate and transfer risk between lending parties and the impact of digitisation on current film financing practices. Qualitative evidence comes from a series of semi-structured interviews, commissioned expert memoranda, and a dedicated panel held with selected industry experts from the US. Moreover, we provide descriptive evidence on credit lending and intangible collateral use in the movie industry, using close to 50,000 loan filings in the Uniform Commercial Code (UCC) registers, and more than 1.1 million registered movie titles at the US Copyright Office (USCO) and used to secure loan deals in recordations.
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