Does anybody have any clue how well TNG ReMastered sold?
So, studio numbers were 5.5 million for the first season in a few days. No hard numbers were ever provided after that.
I have my critique of some of what Bill Hunt said.
Assuming the cost of both are 34 million, then Paramount needs enough buyers at least to clear 102 million dollars, probably closer to 115 million dollars. Any profits help, even the people looking for discounted sets, but I feel that 204,000 me's (People lacking in common sense, aka Suckers) are needed to get a greenlight, lol.
Let's say the investment cost to remaster a single season is 2.5 million dollars.Then each round of boxsets (along with digital markets and streaming) needs to produce around 7.5 to 8 million dollars per season.Assuming the market cap for home video is 35 percent, and this is a rough estimate, then each show needs to profit at the very least 56 million dollars in total to justify remastering. Home video needs to profit around 39,200,000 based on current market metrics.
Streaming has to literally cover the other 80 million, or Home Video needs to produce the actual profits, and make streaming look like a supplement.
So, if 204,000 fans got together, and committed to buying (2x 250-300 dollar bulk boxsets), then that would make streaming look like a supplement. That means about 30 people have to be working around the clock tracking down film negatives. Then you need humans to supervise reassembly, ideally using iConform, along with VFX artists and the Okudas.
ROI, 115,000,000 USD (Studios usually want 3x their return on investment at the box office to greenlight a sequel; I'm assuming that's a universal rule?)
2.5 million to remaster a single season14 seasons total
If the US domestic audience cares, you need 204,000 people.
I'm 1 extremely committed buyer.
If you can get globally to 420,000 people it would double to around 230 million bucks ideally...
So USA, Canada, UK, Japan, Australia and the tiny tiny market in the PRC that cares.
If you can target a bulk boxset at 250 bucks or 300 bucks and if you can get an 120 dollar digital bundle
(iTunes, Microsoft, Sony, Google, Amazon and Vudu), that means 3 of those buyers equals 1 collector.
The final market is syndication, and Streaming.
TNG failed for a number of reasons, double dipping that early in a premature market killed that product.
TNG's original DVD offering looked awful, and honestly all around set it up for failure. That remaster also had to compete with Netflix, and most viewers want okay HD not perfectly excellent HD.
Most people die in their late 70s and mid 80s (which sucks), but I would argue pricing a single season over 85.00 (which is already pushing it) is universally setting yourself up for failure.
People gravitated toward netflix and the cheap option, but the fan commitment, and nostalgia factor has to be worth that investment.
So, in an ideal world you'd balance things...will ideal ROI (IR) = Reality (r).
The question is, can (r≥IR)?
That is the question.
Other than rumors from 2023 on DS9 and Jon Van Citters at least entertaining the idea, we're not gonna know until we see something if ever.