Is the Movie Industry Close to an Implosion?
Earlier this week Steven Spielberg and George Lucas spoke at the opening of a new media centre at the University of Southern California. While speaking to students at USC, Spielberg made the following claim:
There’s going to be an implosion where three or four or maybe even a half-dozen megabudget movies are going to go crashing into the ground, and that’s going to change the paradigm
They went on to say:
I think eventually the Lincolns will go away and they’re going to be on television,” Lucas said. “As mine almost was,” Spielberg interjected. “This close — ask HBO — this close.”
“We’re talking Lincoln and Red Tails — we barely got them into theaters. You’re talking about Steven Spielberg and George Lucas can’t get their movie into a theater,” Lucas said.
Whilst reading this my irony meter went into overdrive. Let me explain why.
Let us take a trip…
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