A24 is at the same stage of the hype curve Netflix was with House of Cards. They're going to commoditize their own aesthetic, expand until quality is mediocre at best, rinse and repeat.
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the writing was on the wall once they won their first Oscar.
but, at least they've proven that there is success to be had in creating new IP. there will be people who will watch your movies if you actually create something new. the cycle of nothing but sequels, remakes, and universe movies has been hilariously bad for years.
we do still have the unfortunate reality that most of the studios have been bought up and are run by people who are ... to be kind ... bean counters who have no affinity for movies. but the bright side to this is we will almost certainly have another massive independent movie bonanza similar to the late 90s to fill that void.
Regardless of who's making them ot how, films have lost the qualities of contemplation and of making the audience draw their own conclusions. That's an even bigger marker of cultural and educational decline than the fact that franchises have been cannibalizing themselves for at least 30 years since our golden age ended.
Attempts to capture truth mutate into displays of pathos (and bigger explosions) when civilizations are on their way out.