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Steven Spielberg Predicts 'Implosion' of Film Industry
The Hollywood Reporter ^ | June 12, 2013 | Paul Bond

Posted on 06/13/2013 7:07:15 PM PDT by 2ndDivisionVet

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.

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.

The two legendary filmmakers, along with CNBC anchor Julia Boorstin and Microsoft president of interactive entertainment business Don Mattrick, were speaking at the University of Southern California as part of the festivities surrounding the official opening of the Interactive Media Building, three stories high and part of the USC School of Cinematic Arts.....

(Excerpt) Read more at hollywoodreporter.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: California
KEYWORDS: hollywood; limolibs; lucas; movies; partisanmediashill; partisanmediashills; spielberg
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To: Inyo-Mono

Gun chewing can be LOUD and DISTURBING.


21 posted on 06/13/2013 7:20:23 PM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: a fool in paradise

It is a diluted market.

I for one miss the big screen and when movies were a social event.


22 posted on 06/13/2013 7:22:11 PM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: 2ndDivisionVet
My wife and I haven't gone to a movie theater in ten years. In that time, we've subscribed to HBO and other movie channels. The amount of good movies in the last 10-20 years has been minuscule. I hope the whole Hollyweird industry slides into the ocean...movies can't get any worse.

p.s. I like to watch old movies. I just watched "Jubal" with Glenn Ford, Ernest Borgnine, Rod Steiger, Charles Bronson and others. It has scenery from the Grand Tetons. Why would I want to watch crappy modern movies when there's plenty of good old flicks I've yet to see?

23 posted on 06/13/2013 7:22:32 PM PDT by driftless2
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To: 2ndDivisionVet

Our small town theater just went digital last week. Owned by the same family for 80 years.

They did have to raise their ticket price a bit to cover the extra cost.

now $5 instead of $4


24 posted on 06/13/2013 7:23:23 PM PDT by digger48
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To: 2ndDivisionVet

You might think that charging $25 for Iron Man and $7 for Lincoln would make the most money, but it might actually be the other way around. Or they market might actually do better with all movies being $5.

I suspect the industry will follow the market. The best way to make the most will be what they charge. It’s a very elastic market. Lots of alternatives for the entertainment dollar.

They put they wrong price on a movie and they might just find themselves making zilch.


25 posted on 06/13/2013 7:23:31 PM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: Borges

Okay, do you think I’m totally off base then?

I don’t, but I’m not of a mind to state my take on it is perfect, and yours is totally wrong.

They did touch on the younger witch being evil before, but there wasn’t any evidence until she hardened her heart and submitted to her sister’s suggestion she take a bite of the apple.

She only did that because the guy was such an ‘abuser’.

And yes you’re correct, in the end Oz does save the day.


26 posted on 06/13/2013 7:25:17 PM PDT by DoughtyOne (Now playing... [ * * * Manchurian Candidate * * * ], limited engagement, 8 years...)
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To: 2ndDivisionVet

There is a revolution coming in how movies are made. Avatars that are not human but you cannot tell and new green screen type technology will make it easier and less expensive to make a feature film.


27 posted on 06/13/2013 7:26:12 PM PDT by isthisnickcool (NO MORE IRS!)
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To: mylife

I’ve seen event screenings of movies.

The new trend (that I haven’t been to) is to screen a movie with the live symphony playing the film score (originally it was done with Warner Brother cartoons in the 1990s but now it is done with films like Dracula and West Side Story).

There were also big roadshow revivals of movies like Lawrence of Arabia.

They still make epic LENGTH movies but no longer put intermissions in them so you can go to the bathroom, discuss, the film, make a phone call, etc. Also without the STAGING of a film as a first act, second act, and finale, the plots meander and then are expanded even longer on the eventual DVD release.

Storytelling has gone out the window.


28 posted on 06/13/2013 7:26:17 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: digger48

Our one and only small town theatre went digital last year, prices went from $7 a ticket to $8.


29 posted on 06/13/2013 7:27:06 PM PDT by Inyo-Mono (NRA)
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To: muawiyah
If you lose part of the vision in one eye you will be placed totally outside the 3D movie market ~ it's just not possible to watch these films under that condition.

Correct. Some of us don't have 3-d vision to see 3-d movies. They're nothing but one big "blur" ... those stupid 3-d glasses don't work. Period. Doesn't matter if it's the same filter lens for both eyes either.

Sucks living in a 2-d world. Really does.

30 posted on 06/13/2013 7:27:45 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: 2ndDivisionVet

Hollywood is just a boring, no talent, CGI ridden political arena. The only movie I actually enjoyed seeing in the last 10 years was Flight 93. Everyone in the theater was quiet, no kids, teenagers, mostly white older conservatives. The theater was packed too. Men actually got up and gave seats to the women.


31 posted on 06/13/2013 7:28:22 PM PDT by Dallas59 (Q: The worst president in US history?)
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To: xzins

I remember in the 1980s when $1 theater second run houses ran wild. People would go to the movies at the dollar multiplex and often watch just about anything that was screened.

Eventually the theaters became run down.


32 posted on 06/13/2013 7:28:41 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: glorgau
LOL!

Next to me in a theater was a woman texting somebody. There was a ping! Click, clikety click as she answered, ping!

Finally, I leaned over, my head next to hers, viewing the screen on her phone,, she sort of pushes me away....
I said “ why'd you do that, you obviously want me in on this conversation or you'd take it outside!”.

She got up and left.

33 posted on 06/13/2013 7:29:27 PM PDT by KittenClaws ( You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: 2ndDivisionVet
"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."

If that translates to fewer $ for leftists, I like it.

34 posted on 06/13/2013 7:31:09 PM PDT by TChad
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To: DoughtyOne

I just didn’t get that impression from it at all. Oz was a likeable lunk who comes up big when it counts - which is a very common theme in American movies - the hustler who encounters something bigger than himself.


35 posted on 06/13/2013 7:31:28 PM PDT by Borges
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To: Dallas59

Hollywood and Broadway have run out of ideas.

Everything is just a remake anymore. Many Broadway shows are adapted from movies (like Legally Blonde, really???). The new Superman is a remake. And it isn’t a remake of the 1938 origin story. It’s a remake of the 1978 movie.

Seen it already. No thanks.


36 posted on 06/13/2013 7:32:32 PM PDT by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: 2ndDivisionVet

“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.”

That’s a biggie for me. By the time I find time to go, what I want to see is gone. The Hobbit in 48fps 3d glory? That should be around for months, as there is no good way to see it otherwise. Though considering cost (tickets plus sitter run $50+ for just one viewing), may as well buy a 3d TV instead.


37 posted on 06/13/2013 7:32:47 PM PDT by ctdonath2 (Making good people helpless doesn't make bad people harmless.)
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To: Borges

Good bye! I rather watch any old Bogie film! or any 40 to 60 film!


38 posted on 06/13/2013 7:32:53 PM PDT by Conserev1 ("Still Clinging to my Bible and my Weapon")
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To: 2ndDivisionVet

I think conservatives alone could bankrupt Hollywood.

Just don’t go to movies.

The last time for me was 1996.

Starve the beast. The beast doesn’t give a rip about you anyway.


39 posted on 06/13/2013 7:33:13 PM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: driftless2
Why would I want to watch crappy modern movies when there's plenty of good old flicks I've yet to see?

Exactly. Why sit through the remakes and sequels and general tripe they've been shoveling at us the last couple decades when there's a vast library of quality stuff produced last century? Screw 'em.
40 posted on 06/13/2013 7:33:14 PM PDT by Trod Upon (Every penny given to film and TV media companies goes right into enemy coffers. Starve them out!)
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