Steven Spielberg and George Lucas predict film industry 'implosion'

[Fullbuster]

Veteran directors warned students in US about difficulty of getting projects into cinemas, and suggested studio cautiousness could lead to hiked ticket prices

 

http://www.guardian.co.uk/film/2013/jun/13/steven-spielberg-george-lucas-film-industry

 

What do you think about it?

[filmscholar]

I read this yesterday and I think they are spot on.  It's amazing how people think studios are making this Big Money when in fact they are losing money on certain blockbusters.  I agree with them.  The small films will be cheaper and all the Blockbusters will cost an arm and a leg.  Plus these guys know the industry just as good as anyone so I'm inclined to believe their theories about the box office. 

[CoolioD1]

I certainly wouldn't disagree with them. Right now it feels like we're in this transitional phase where some television, particularly in cable, is the medium that allows more artistic risk. I'm not entirely sure I'll like where the film industry is at in ten years.

[Ozymandias]

http://news.cnet.com/8301-1023_3-57589114-93/$150-movie-ticket-george-lucas-says-it-could-be-so/?part=rss&subj=news&tag=2547-1_3-0-20

 

Lucas and Spielberg predict $150 dollar movie tickets.  Lol, right... these guys don't know what they're talking about.

Edited June 13, 2013 by Shpongle

[Darth Homer]

I can definitely see a situation in five or ten years time where only the big blockbusters (in 3D! with motion seats! and smellovision!) get wide releases, with tickets costing $20+ and everything else goes direct to netflix or other streaming services with only a limited theatrical release to qualify for awards/build buzz. The sad thing is that digital filmmaking was supposed to open the movie business up to everyone, but cinema is dying as an art form, while TV and internet-based media flourish.

[mattmav45]

$150 movie ticket? LMAO, pass over that bong George.

[MovieGuyKyle17]

I do find it hard to believe that a film that makes million of dollars could lose money. I can't imagine a film ticket costing $150 bucks considering lots of people nowadays complain about paying $10 bucks for a ticket.

[Shawn Robbins]

"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. "I got more people into Lincoln than you got into Red Tails," Spielberg joked.

 

[CJohn]

$150 for a movie ticket? Lol, wtf have they been smoking?

[tommycruise]

It doesn't exactly take a genius to figure this out.....

[Alpha]

$150 movie ticket?

 

[luna]

bit preachy coming from the two of the most mainstream directors ever

[DAR]

Aren't we two and months too late for April fool's jokes?

[Hatebox]

I'm still staggered at how much money studios spend on blockbusters. It's such a crazy business model.

[Lordmandeep]

ever since tickets passed 10 bucks here Cheap Tuesdays have gotten busier. 

[tomknf]

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Lucas is such an idiot. The reason he had a hard time getting Red Tails into theaters is because it sucked balls, and the only reason it made any kind of money was because he played the race card.