Skip to main content

Steven Spielberg And George Lucas Predict Massive Implosion in Movie Industry.

lucas spielberg


Two of the bearded trio, George Lucas and Steven Spielberg are predicting tough times for the film industry.  An article over on The Verge quote the duo who were speaking at the university of Southern California.  They were joined by Microsoft's president of interactive entertainment, Don Mattrick.

George Lucas and Steven Spielberg think the film industry is heading towards a cliff. The pair behind some of the most successful franchises in movie history think that conservative programming choices and rapidly evolving distribution schemes have set the stage for a massive upheaval — and internet-based services may become the dominant medium when movie going as we know it crashes and burns.

Spielberg said:

"You're at the point right now where a studio would rather invest $250 million in one film for a real shot at the brass ring," he said, "than make a whole bunch of really interesting, deeply personal — and even maybe historical — projects that may get lost in the shuffle because there's only 24 hours."

"There's going to be an implosion where three or four or maybe even half a dozen of these mega-budgeted movies are going to go crashing into the ground," Spielberg said, "and that's going to change the paradigm again."

Lucas focused on the future of the cinema experience and how higher and higher cinema prices is ultimately going to result in less cinemas and less casual viewers.

"What you're going to end up with is fewer theaters," he said. "Bigger theaters, with a lot of nice things. Going to the movies is going to cost you 50 bucks, maybe 100. Maybe 150." It will be more in line with sporting events, with films playing in these high-end cinemas for as long as a year. "And that's going to be what we call ‘the movie business.' But everything else is going to look more like cable television on TiVo."

An interesting article and most definitely worth a read.



THE BEARDED TRIO ON FACEBOOK
THE BEARDED TRIO ON TWITTER
THE BEARDED TRIO ON GOOGLE+

Comments

Popular posts from this blog

Did Paul Freeman Accidentally Eat A Fly In Raiders of the Lost Ark?

The Famous Indiana Jones Fly In Belloq's Mouth Scene.  Did It Really Happen? I've always wondered if Paul Freeman unintentionally consumed a fly in this scene in  Raiders of the Lost Ark ?  It's the scene where Indiana Jones shouts down to Bellosh...I mean Belloq and threatens to blow up the ark.  Did a fly go in his mouth? I remember watching this scene back in the early eighties and my ten year old mind thought he definitely had a snack while filming.  I recall talking about 'flygate' in my school playground at the time and the general consensus with my friends was that Freeman definitely had a sneaky snack. Paul Freeman talks about the famous 'fly' scene in an interview with TheIndyExperience.com  and settled 'flygate:' This is a bit of a dicey question so don’t get too upset. (Laughs) A movie’s always got bloopers in it, some have a lot, and some only have three or four. And the most remarkable blooper was right before the opening of th

Star Wars VII Movie Poster - Every End Is A New Beginning

Star Wars VII Movie Poster Just saw this Star Wars VII movie poster on Kyle Newman's Facebook fee d.  The poster is by  Lyndon Berresford and Paul Bateman.  I am loving this.  Who do you think the two characters are?  Lando and Leia?  Han and Leia's children? Have you seen other Star Wars VII movie posters?  Let me know. Rob Wainfur @welshslider

Pinewood Studios To Expand To The Usa

BBC News have reported that Pinewood Studios are to expand to the USA.  This is great news for the famous studio that is rich in movie history. UK film studio Pinewood Shepperton has announced plans to build its first sound stages in the United States. The Pinewood Atlanta complex will be built on 288 acres of land south of Atlanta, Georgia, as a joint venture with a US investment company. Georgia has been among the US states drawing film-making away from Hollywood with tax incentives in recent years. The deal is the latest sign of expansion at Pinewood, the home of the James Bond franchise. Earlier this month it announced a joint venture with a Chinese media group, potentially giving it access to the fast-growing Chinese market. Read the full article here. THE BEARDED TRIO ON FACEBOOK THE BEARDED TRIO ON TWITTER THE BEARDED TRIO ON GOOGLE+