I guess a lot of movies have become franchises now. It is a business after all. And you also have the argument of newer generations coming into the market all the time, ones that are not too curious to get acquainted with old movies, so they need a fresh production to stimulate their interest.
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There's no need for the new generations to get acquainted with old movies like Overboard, for example. Make the fresh product for the new generation, Hollywood. Slap a different title on the package, is all I'm asking for.
I think stories with the same old cliches under different character names are constantly being regurgitated by Hollywood anyway. At least with the sequels they're being honest about coming up with nothing new.
Nevertheless, I don't think I can name too many sequels that were close in value to the original.