There's something fascinating about failed art, and there's no question that 1992's Frozen Assets, starring Corbin Bernsen and Shelley Long, was a failure. It was universally panned by critics and audiences alike and completely flopped at the box office, bringing in only $376,000 on a budget of $5 million. And unlike other bad movies that have since gained cult followings, like Tommy Wiseau's The Room (or my personal favorite guilty pleasure, The Core), Frozen Assets has been largely forgotten in the three decades since its release. Yet its existence raises interesting questions about what distinguishes a bad movie that's fun, like The Room, from a bad movie that's just bad, and whether there’s any value in preserving objectively terrible art.
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