One of the biggest changes in the cinematic landscape in the past fifteen years has been that of the mid-budget movies essentially dying out as movies tend to become either big-budget four-quadrant tentpole affairs or low-budget indie works where more risks are taken.
Michael Bay, the filmmaker synonymous with giant blockbuster tentpoles, is now lamenting the death of those mid-tier films. Speaking with Rolling Stone this week, he confirmed his next project: “I’m doing ‘Transformers … 5,’ is it? I’ve taken on a lot of work.” Yet his comments on the general state of the industry will have some shaking their heads:
“The movie industry has really changed. The middle-[budget] movie is basically gone. They just want these big movies. ‘Transformers,’ I still have a great time. It’s fun to do a movie that 100 million people will see. But this is the last one. I have to pass the reins to someone else.”
Bay, who claims to be worth half-a-billion dollars, won’t finance his own indie flick or studio – mostly because he’d rather sink his fortunes into something that would do some good:
“You save up your money and you give it away. That’s what I’m going to do. I’ll probably do a very large wildlife-protection fund – something with Africa and big game.”
Bay’s new film “13 Hours” opens later this month.