Movies
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We have a lot to lose because it's taking money away from other projects that aren't likely to suck.
There isn't a fixed budget somewhere that all these projects are competing for. Whomever is financing this movie is not going to finance whatever projects you're talking about. However, it might just be that if this is a success and brings a profit and visibility, those other smaller projects will get more funds thrown their way.
Yes they are. They have a finite amount of money and aren't sitting around for months waiting for the perfect movie to fund.
The type of investors who invest speculatively in the money grab that this move is aren't the types that invest into heartfelt projects which may or may not bring any money. There's a reason why the fellowship had a budget of $94 million and an unexpected journey had between $200 and $315 million depending on source.