JMS hasn't shown any inclination towards rebooting the series in the past. All of his attempts to play in the Babylon 5 sandbox, besides the series (television movies, series spin-offs, books, comics, short stories, proposed feature film script), have been in line with the series' continuity.
Although that doesn't say that he won't reboot the universe, to do so would be a major departure from every other time he's approached Babylon 5. This strongly suggest to me that he won't reboot the series.
In terms of appealing to the movie going audience, if a feature film carried the $100 million price tag previously mentioned, I have to agree that a movie entrenched in the continuity of the series would probably be too full of baggage to attract enough of an audience to result in profitability.
DVD sales are one thing, but a movie that needs to earn about $300 million* at the box office to break even needs to open big and have good word-of-mouth is a completely different animal.
($100 million production budget + $50 million prints and advertising budget) x 2 [accounting for distributor-exhibitor box office split]
Of course, as you say, this is all just woolgathering (good word!) until we hear the official word.
Although that doesn't say that he won't reboot the universe, to do so would be a major departure from every other time he's approached Babylon 5. This strongly suggest to me that he won't reboot the series.
In terms of appealing to the movie going audience, if a feature film carried the $100 million price tag previously mentioned, I have to agree that a movie entrenched in the continuity of the series would probably be too full of baggage to attract enough of an audience to result in profitability.
DVD sales are one thing, but a movie that needs to earn about $300 million* at the box office to break even needs to open big and have good word-of-mouth is a completely different animal.
($100 million production budget + $50 million prints and advertising budget) x 2 [accounting for distributor-exhibitor box office split]
Of course, as you say, this is all just woolgathering (good word!) until we hear the official word.