There's been at least three major incidents over the years where Internet hype has led studios to feel a project is worth (additional) risk but in the end it didn't pay off.
1. Firefly is cancelled. Untold Internet backlash, writing in to studios, and Amazon pre-orders of the DVD set. Universal takes a risk and buys the rights to produce and release a Firefly-based movie --- which tanks in the box office.
2. Snakes on a Plane gets incredilbe internet buzz and hype purely on name and promise of cheese alone (and part Jackson's involvment) which even goes as far as to reshoot a scene in the movie to deliver a much anticipated line. SoaP tanks at the box office.
3. Jericho gets canceled and Internet petitions/plans and backlash causes tons of peanuts to be shipped to CBS. CBS takes a risk and assumed that Internet hype means they have will/get more viewers in the long-haul. Jericho gets a second season it tanks in the ratings.
And I'm sure there's many more examples where there was a lot of Internet hype and excitement over a project or the cancelation of series/movie and the studios took what the Internet was saying as indication that they should put additional risk towards the project and there may be some sucsess stories out there. But it seems to me that, for the most part, what people say on the Internet doesn't necessairly translate to the real world as widely as one might think.
It would seem that the "internet demographic" is very niche and not very well representive of the overall public's view and wants.
1. Firefly is cancelled. Untold Internet backlash, writing in to studios, and Amazon pre-orders of the DVD set. Universal takes a risk and buys the rights to produce and release a Firefly-based movie --- which tanks in the box office.
2. Snakes on a Plane gets incredilbe internet buzz and hype purely on name and promise of cheese alone (and part Jackson's involvment) which even goes as far as to reshoot a scene in the movie to deliver a much anticipated line. SoaP tanks at the box office.
3. Jericho gets canceled and Internet petitions/plans and backlash causes tons of peanuts to be shipped to CBS. CBS takes a risk and assumed that Internet hype means they have will/get more viewers in the long-haul. Jericho gets a second season it tanks in the ratings.
And I'm sure there's many more examples where there was a lot of Internet hype and excitement over a project or the cancelation of series/movie and the studios took what the Internet was saying as indication that they should put additional risk towards the project and there may be some sucsess stories out there. But it seems to me that, for the most part, what people say on the Internet doesn't necessairly translate to the real world as widely as one might think.
It would seem that the "internet demographic" is very niche and not very well representive of the overall public's view and wants.