Largo Movie Gross Predictions And Our New SaaS Platform

The need for movie professionals to gain access to accurate movie gross predictions as well as other insights is greater than ever.

Though the U.S and other movie producing countries have had some manifestation of the studio system since the very early days of film, in the last few decades, the system has undergone a radical change making it harder than ever for movies of all sizes to succeed.

Let’s take the example of the ‘Big Six’ studios in Hollywood, which only came into being in the early 1990s. These studios now dominate the market with an 80 – 85% share, according to the Maya Academy of Advanced Cinematics. This fact means that small and medium budget productions are often squeezed out of the market altogether.

The problem is simply that movie companies are under ever-increasing pressure to make money.

Even the biggest corporations must record ever-increasing profits every year if they are to survive. As such, even the biggest studios in the world, who’s collective profits total hundreds of billions of dollars every year, are at the mercy of one single factor – profit.

History has shown, if your movie doesn’t make a profit, you are not around for very long. So, in order to try to ensure bigger profits.

This simple equation affects even the smallest movie productions and highlights the need for advanced gross predictions before companies decide on which movies to make and how much to budget for them.

Finally, the future has arrived.

Up steps data-assisted moviemaking which can accurately predict a movie project’s potential earnings from as early as the script phase.

To demonstrate the power and accuracy of the exciting new technology of data-assisted moviemaking, we at Largo are going to publish our predictions.

Come to Daddy

Release date: February 7th, 2020

Best guess: $61k

Actual gross: $61k

It is immediately apparent just how accurate these predictions are and how they can empower moviemakers all over the world with the information they need to succeed.

With accurate gross predictions, movie producers can accurately budget their productions so that they are almost guaranteed to make a profit.

We at Largo believe that this eventuality will address the unfair imbalance in the global movie industry and lead to a healthier movie industry all-round, something which will benefit both movie lovers as well as the artists themselves.