Discussing NC-17 is pointless. Not a single studio, big or small, has any interest in such films today. Right now we are seeing R as the new NC-17. Any filmmaker trying to make an R rated film has an uphill battle because the studios want PG-13 to be the end all be all due to money. EVERYTHING is now aimed at that rating and The King's Speech being chopped to it for the sake of money is the rudest example so far. I'm a big fan of the film and found the scene in question to be insanely funny. It's one of the most memorable scenes in the film and made my normally quiet wife laugh to tears because she was so taken by surprise.
Ron Howard is about to make a film version of Steven King's very adult Gunslinger books and it will be PG-13. Were this 1985 or even 1995, it would be an R rated production all the way.
How many horror films today are PG-13? Nearly all of them! When I was young, they were all rated R. Anyone catch the PG-13 THE STEPFATHER? What a pathetic and bloodless/lifeless remake!
This all started when members of Congress (both parties, let's not make this political) found out that the studios were marketing R rated films to teens. Then the clampdown at the studios began and they figured out that PG-13 films were the top earners. Since that time the move towards PG-13 only films has become pretty much gospel. Countless films have been cut down just to get that rating.
The action film has been ruined by it. None are memorable anymore. When we think of great action films we look back decades ago. Imagine LETHAL WEAPON, 48 HOURS, COMMANDO, TOTAL RECALL, PREDATOR, ALIENS, RAMBO, TRUE LIES, THE TERMINATOR, DIE HARD as PG-13 films.
Well, we can, with LIVE FREE OR DIE HARD, one of the ALIENS vs PREDATOR films and TERMINATOR SALVATION. And they sucked. Today's action films are mostly limp ass pieces of slop that no one remembers a week later.
Anyone remember SWAT? G.I. JOE? SURROGATES? FIGHTING? 12 ROUNDS? Good grief, I am having a hard time trying to remember ANY PG-13 action related film to list here.
It's rare that we get one. WANTED was a shocker. How did that one get out? The audience I saw it with were gasping and screaming because they were so shocked by the violence. Why? Because they hadn't seen stuff like that in years.
R rated comedies are even a tough sell today. Yet films like THE HANGOVER and TROPIC THUNDER prove they are bankable if they are funny!
As for The King's Speech... Who the heck under 18 wants to see that film?
I'm about to make a short film that is going to be hard fricking R rated. Part of me is making it just because I know that if I ever make it all the way to features, i won't be able to make anything other than PG-13 lameness.