VIDEO : Hollywood Rethinks Its Obsession With Franchises

It's so secret that Hollywood has an obsession with franchises.
The biggest films released in the United States this summer were mega-budget, special effects laden franchises.
The interest and box office returns for those movies has been lower than expected.
Transformers: The Last Knight was a failure in the United States. Critics and audiences hated the movie.
Paramount is going to try to cut costs and skew younger with the franchise, reducing the budget of the next Transformers to $70 million.
And adding Hailee Steinfeld as the lead.