I think this is true when you’re bringing a new movie/franchise to the table, but the studios definitely play safe with most known IPs or sequels.

For example, Super mario 2, Michael Jackson’s movie and toy story 5 made a bunch of money, the new spiderman will make a lot of money too, it doesn’t even have to be a good movie.

I’m not saying that I like this trend or that the movies I mentioned are/will be bad, I’m just trying to present another point of view.