In a recent interview with the Metro newspaper, Matt Damon discussed the changing nature of Hollywood budgets and specifically the decline of mid-budget dramas. Or as the Metro headline put it “Jason Bourne star Matt Damon explains why you’re seeing less indie movies in cinemas“.
Let’s ignore the journalist’s poor grammar and focus on the point Mr Damon was making. His assertion was:
The $15 to $60 million drama, is gone. They just don’t make that movie any more.
It’s an interesting claim, so I thought I’d look into the topic.Have all mid-budget drama movies gone?
Let’s start by looking at the data. I built a dataset of all movies which grossed at least one dollar in US cinemas over the past twenty years (1997 to …