Ben East looks at when it's a good idea - and how often it's a bad one - to adapt successful television series for the big screen
For fans who religiously tune in to their favourite television series every week, the big-screen film adaptation initially appears to be the exciting and logical next step, a veritable seal of approval from Hollywood. After all, who wouldn't want to luxuriate in feature-length storylines free of advert breaks, backed by bigger budgets and smarter special effects?
Well, quite a lot of people, actually. Late last month, news surfaced of Dr Who and Battlestar Galactica movies, and the reaction from fans on messageboards was somewhat less than enthusiastic. In the case of Dr Who, it wasn't difficult to see why. Even though David Yates - who directed the last four Harry Potter movies - seemed to be the perfect choice to helm the adventures of the very British Time Lord, it was his warning to the US entertainment magazine Variety that really caused consternation.
"It needs quite a radical transformation to take it into the bigger arena," he said.
It seems the movie adaptation will have very little connection with the much-loved TV series, which enjoyed a hugely successful revival under the stewardship of Russell T Davies in 2005. "Russell T Davies and then Steven Moffat have done their own transformations, which were fantastic, but we have to put that aside and start from scratch," said Yates.
Not only does that sound suspiciously like there may be a "reboot" of the story, but it also means there's likely to be two Doctor Whos kicking around in 2013, the film inevitably diluting the impact of a new series. Confusing stuff - although not as odd as the film of the British political satire The Thick of It. In the Loop used many of the same actors as the television series, but most were in different roles. Weird.
And the lesson of The Simpsons Movie is that even when the best writers - or actually the same writers - are employed for the film adaptation, it doesn't necessarily follow that the transition will be seamless. The whole charm of the Springfield-set cartoon is that it's a speedy 30 minutes of scabrously funny family antics. A feature film requires a completely different sense of pacing - and The Simpsons Movie didn't quite know whether it was a long episode or a proper film. In the end, it was neither.
Still, at least the director David Silverman's effort was largely true to the television series loved by millions. The Battlestar Galactica movie in development already seems fatally flawed - because rather than draw on the incredibly successful 2004 series, which mixed sci-fi adventuring with political drama and psychological suspense, Bryan Singer's planned movie adaptation will apparently take us right back to the original 1978 show from Glen Larson. There was a reason that series only lasted one season: it was complete rubbish.
Only the most nostalgic and myopic of Battlestar fans could possibly suggest that this is the right way for the adaptation to proceed. And the criticism of movie tie-ins is that they cynically trade off a willing and ready-made fanbase before riding roughshod over mythology that has been carefully constructed over a number of years. In short, they don't add anything to the series, they simply take away. Which is why Ron Howard's words on the cast and producer's motivation for a potential Arrested Development film were so refreshing.
"It sounds a little bit corny," Howard told E! Online last week, "but... they really feel like they want to respect what the fans are saying."
Let's hope it doesn't end in disappointment. But we won't hold our breath. The successful adaptations are rare; David Lynch's Twin Peaks: Fire Walk With Me distilled the brilliantly bizarre television series into something far more coherent and is now considered one of the director's masterpieces - although at the time it was panned. JJ Abrams's Star Trek movie was generally well received, too - not least because the writing and production team were big enough fans of the original series not to mess with the mythology too much. It also helped, of course, that there was no current television series with which to confuse it.
But when the likes of Boardwalk Empire and Mad Men are suggesting that television series are the "new" movies anyway, it's advisable for Hollywood to stay away from adapting them. It's the length and detail of an episodic television series that make them so engrossing, and film can never match that. Unless, of course, you fancy sitting through 12 hours of a Battlestar Galactica prequel in the cinema, and we don't exactly recommend that.
artslife@thenational.ae
UAE currency: the story behind the money in your pockets
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
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Neil Thomson – THE BIO
Family: I am happily married to my wife Liz and we have two children together.
Favourite music: Rock music. I started at a young age due to my father’s influence. He played in an Indian rock band The Flintstones who were once asked by Apple Records to fly over to England to perform there.
Favourite book: I constantly find myself reading The Bible.
Favourite film: The Greatest Showman.
Favourite holiday destination: I love visiting Melbourne as I have family there and it’s a wonderful place. New York at Christmas is also magical.
Favourite food: I went to boarding school so I like any cuisine really.
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