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Movie reboots might be low risk but they’re low success

It’s hard to keep up with all the movie reboots.

I just heard that they’re remaking Interview with the Vampire. The original movie of course was a big hit in the 90’s starring A-List stars like Tom Cruise, Brad Pitt, and Kirsten Dunst.

It was ahead of the game before the following Vampire craze with the likes of True Blood, Twilight, Vampire Diaries… the list goes on and on.

Lots of my friends roll their eyes with each remake. Others say things like, “welp, I guess people are just out of ideas.”

I think it’s a more about risk avoidance.

Every stock market trader has heard the phrase, “past performance does not indicated future performance,” or something along those lines.

Yet, traders always cite past history.

And similarly, reboots try to piggyback on past performances.

Why? Because doing something new is risky. It is scary.

But the truth is, just like the stock market, doing the same thing doesn’t actually guarantee success.

In fact, most reboots bomb and pale in comparison to the originals.

But they keep coming any way – because they’re easy

And there’s no end in sight.

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