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Original post by Talroth
My understanding is that the out right copying/re-visioning of old films is fairly recent and only two or three decades old. Of course when you compare this to the life of cinema, this is still a very long time in it.
This isn't true. It's probably becoming more common, but I'd say that's primarily because there are more films to copy from now whereas before you'd have to copy from something like a book. Still, there have been remakes of movies since roughly as long as there have been movies to copy from, so it's been going on for more than 70 years.
This weird notion of "rebooting" a franchise seems to have become a buzzword in the last ten years or so, but even this is hardly new and I don't think it really represents a major change in Hollywood's business model.