The reliable symbol of 535 E. Fulton, Suite 1A Phone: (616) 454-5021 Email: movies@dove.org Steve Allen - Composer, Author, EntertainerRon Anderson - Vice Chairman, Bozell Corporation James G. Buick - former President, Zondervan Corporation Robert J. Campbell, Jr. - President, Bridgestone Multimedia Group, Inc. George T. Cook - Sr. Vice President, Salomon Smith Barney, Inc. Leslie Dietzman - President, Family Christian Stores Hon. Charles Grassley - U.S. Senator, Iowa David Hartman - Managing Director, Chubb Insurance Group Dee Jepsen - President, Enough Is Enough; former aide to President Reagan Dean Jones - Actor, Producer William Kanaga - Chairman (retired), Arthur Young, CPAs; former Chairman, U.S. Chamber of Commerce Al Kasha - President, MTM Music; two time Academy Award-winning composer Joel"Buff" Kizer - Chief of Staff, Warburg Dillon Read Tom Landry - former Head Coach, Dallas Cowboys Keith Lang - Vice President, AIS Container Corp. Holly McClure - Radio Personality, Film Critic Michael Medved - Author, Film Critic, Talk Show Host Joe Paterno - Head Coach, Penn State University Arthur Taylor - President, Muhlenberg College; former President, CBS Dar VanderArk - Executive Director, MDAC Kenneth Wales - Executive Producer film and TV Patricia A. Warner - Administrator, C. S. Mott Childrens Hospital, University of Michigan Medical Center Rev. B. J. Weber - President, New York Fellowship C. Frederick Wehba - Chairman & CEO, Bentley Forbes Group, Inc. Lisa Whelchel - Actress, Recording Artist |
FOR IMMEDIATE RELEASE
FAMILY FILMS RAKE IN CASH FOR STUDIOS New Study Shows G-rated Films Produce 8 times More Profits Than Films Rated R. GRAND RAPIDS, January 27 -- A comprehensive ten-year study focusing on the profitability of films based on their MPAA (Motion Picture Association of America) rating is being released today. It reveals that, while Hollywood produced 17 times more R-rated than G-rated films between 1988 and 1997, the average G-rated film produced 8 times more gross profit than its R-rated counterpart. In addition, the average G-rated film produced a 78% greater rate of return on investment (ROI) than the average R-rated film. The study of 2380 widely released films (800+ screens) rated by the MPAA between January 1, 1988 and December 31, 1997 was commissioned by The Dove Foundation, a nonprofit corporation whose mission is to encourage and promote the creation, production and distribution of wholesome family entertainment. The Dove Foundations contention is that movies that appeal to the broadest market segment are an important part of any studios profit equation. "If Corporate Hollywoods objective is to make money for its stockholders, it should have no problem convincing its creative partners to redirect their efforts from R to G and PG films, and give the public more of what it wants - for profits sake," said Dick Rolfe, CEO of The Dove Foundation. The study has met with high praise from many Hollywood insiders, including such well-respected names as Steve Allen and Dean Jones. "Moviegoers are not crying out for endless sequels of Rugrats and Babe," said Rolfe. "What they want to see are more action/adventure films, comedies, dramas and mysteries -- but without naked bodies, exploding heads and filthy language." To drive the point home, The Dove Foundation is delivering copies of the full study to studio executives throughout the movie industry for their personal perusal. It is possible to make a great film for adult audiences without resorting to gratuitous nudity, violence and profanity," said Mr. Rolfe. "Frank Capra (Its a Wonderful Life), Horton Foote (Tender Mercies, Trip to Bountiful) and Alfred Hitchcock (Rear Window, North by Northwest) are examples offered by Rolfe of creative geniuses who could excite, provoke or mystify movie audiences without employing cheap and easy devices that characterize many R-rated films today. A recent example of a well-produced action/adventure film suitable for family viewing is the PG-rated Star Trek: Insurrection. Michael Medved presented a study by Paul Kagan Associates in his 1992 best selling book, Hollywood Vs. America that tied financial output to MPAA ratings. That study demonstrated that a PG-rated film was three times more likely to gross $100 million at the box office than an R-rated film. As a result, G and PG movies became a more prominent part of the entertainment landscape between 1993 and 1996. Recently however, the production of R-rated films has increased again from a low of 99 in 1994 to an all time high of 169 in 1997. PG and G releases dropped by 25% to a total of 48 pictures the same period. Since the Motion Picture Association of America introduced the movie ratings system in 1968, nearly 60% of all films released by Hollywood have been rated R. Studios defend their actions with claims that these types of movies make the most money. The study released today completely debunks those assertions. According to The Dove Foundation study, Michael Medveds 1992
exhortation still rings true. A complete copy of the report and all supporting documentation is available on The Dove Foundations Web site at http://www.dove.org/reports Dick Rolfe, Dove Foundation CEO and veteran celebrity Steve Allen are available for interviews upon request. For more information contact Christine Moore at 972.267.1111.
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