A movie like this would never get made today
Why doesn't Hollywood make good films like this anymore? A movie that still deeply affects people 30 years later? Instead we get reboots of comic book characters, endless derivative remake f/x crapfests, sequels of sequels. Will the kids of today look back on 2016 movies with the same fondness 30 years from now? I doubt it. It would be a miracle to make a movie like "Stand by Me" today. The conglomerates that have taken over the major studios would raise endless objections:
"Kids today want endless action and loud explosions. A quiet, contemplative movie like this would never sell".
"It's not PC-enough for today's audiences. There's no strong female characters--LGBT--minorities--etc.".
"Our big markets today are overseas, especially Asia. They don't care for a movie about coming-of-age kids in 1960's America".