Movie franchises turning to the TV format is becoming a trend in Hollywood. As the moviegoing experience is put in check due to different factors, including but not limited to the COVID-19 pandemic, TV networks and streaming platforms are becoming the new homes of major Hollywood IPs. Whether it is a fleeting phenomenon or a paradigm shift that will last, the fact is that many sequels, remakes, and reboots of important franchises are heading to TV.
Although the so-called Golden Age of TV is associated with shows like The Sopranos, which changed the way narratives were crafted for the small screen, it is undeniable that the rise of streaming platforms has changed how entertainment is made. If previously high production value series were restricted to major networks such as HBO, today, each of the competitors in the streaming market has dozens of high-quality products to offer. The idea of original productions for streaming, a trend initiated by Netflix's shows such as House of Cards and Orange Is the New Black, is now embraced by all other new major players such as Disney+ and HBO Max.
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It is precisely because of this search for original content that streaming platforms are receiving Hollywood movie franchises with open arms. The box-office opening weekend culture can be quick to label a movie franchise as a failure, but for a streaming platform, said franchise can be the key to attracting more subscribers, something even Netflix is now struggling with. The transition from film to TV, however, is not always tied to titles that have failed on the big screen – on the contrary. The concept of transmedia helps to build on the success of box office hits and
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