25 years ago, ‘Waterworld’ forever changed how we think about hits and flops

Most experts considered the movie a failure, while in reality, it was far from that. The calculus on what makes a movie a success or a bomb continues to evolve, but the movie that first complicated that conversation set sail 25 years ago. Joe Berkowitz, from Fast Company, analyses whether the Kevin Costner epic should have ever been considered a failure.