Investing in film and TV productions is a risky venture. Even the best directors and producers are just a flop away from ruining their careers.
So if a company owns the intellectual property to a popular material, or if that material enters the public domain, these companies – risk-averse entities, to be sure – will hastily retread their tyres for another lap of the track. This is partly why you’ll see well-worn stories from your childhood told over and over onscreen, even now.
