Steven Spielberg Predicts 'Implosion' of Film Industry
May 13, 2014 10:29:54 GMT -5
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Post by Regolyth on May 13, 2014 10:29:54 GMT -5
George Lucas echoed Spielberg's sentiments at an event touting the opening of a new USC School of Cinematic Arts building, saying big changes are in store.
I think that perhaps it's Hollywood's own fault for their presumed, inevitable downfall. They have been spewing forth a bunch of crap in the past few years. If it's not a rehash of some old idea or theme, then it's an outright remake. Not that I don't think the new Amazing Spider-Man movies are great, but a reboot of a series after five years? C'mon!
Steven Spielberg on Wednesday predicted an "implosion" in the film industry is inevitable, whereby a half dozen or so $250 million movies flop at the box office and alter the industry forever. What comes next -- or even before then -- will be price variances at movie theaters, where "you're gonna have to pay $25 for the next Iron Man, you're probably only going to have to pay $7 to see Lincoln." He also said that Lincoln came "this close" to being an HBO movie instead of a theatrical release.
George Lucas agreed that massive changes are afoot, including film exhibition morphing somewhat into a Broadway play model, whereby fewer movies are released, they stay in theaters for a year and ticket prices are much higher. His prediction prompted Spielberg to recall that his 1982 film E.T. the Extra-Terrestrial stayed in theaters for a year and four months.
Lucas lamented the high cost of marketing movies and the urge to make them for the masses while ignoring niche audiences. He called cable television "much more adventurous" than film nowadays.
George Lucas agreed that massive changes are afoot, including film exhibition morphing somewhat into a Broadway play model, whereby fewer movies are released, they stay in theaters for a year and ticket prices are much higher. His prediction prompted Spielberg to recall that his 1982 film E.T. the Extra-Terrestrial stayed in theaters for a year and four months.
Lucas lamented the high cost of marketing movies and the urge to make them for the masses while ignoring niche audiences. He called cable television "much more adventurous" than film nowadays.
I think that perhaps it's Hollywood's own fault for their presumed, inevitable downfall. They have been spewing forth a bunch of crap in the past few years. If it's not a rehash of some old idea or theme, then it's an outright remake. Not that I don't think the new Amazing Spider-Man movies are great, but a reboot of a series after five years? C'mon!
