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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: a fool in paradise

I loved the majestic old theatres where we would all go out together, several couples and just dig the entire atmosphere of the BIG screen and all the beauty of the theatre.

Off for dinner and drinks and a good chin wag about the movie afterwards.

Now everything is so compressed.


41 posted on 06/13/2013 7:34:30 PM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: muawiyah

Yes! The FR detached retina ping list.


42 posted on 06/13/2013 7:35:06 PM PDT by Blackirish (Forward Comrades!!!!!!!!!)
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To: driftless2
p.s. I like to watch old movies.

Netflix is good for that. There are several other sites like Netflix, either free or $8 or so a month. Get a puck like Roku or Apple TV to stream that or other Internet movies. I found a couple free sites that focus on old classics. With a sound bar hooked to your TV, you'll get a near theatre sound experience. When I want current movies, I'll pay the $3.99 or so to rent. Some current movies are discounted to $10 for purchase online; can then watch repeatedly. Far cheaper than going to a theater, without having your seat kicked from behind.

43 posted on 06/13/2013 7:35:11 PM PDT by roadcat
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To: 2ndDivisionVet

Home theatre system will pay for itself.


44 posted on 06/13/2013 7:36:19 PM PDT by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral.)
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To: All

There are still good movies being made, but they are generally classic themes.

I wish I had seen this on the BIG SCREEN.
Viewing it on youtube sucks ***

Follow the links..

https://www.youtube.com/watch?v=zRy5SEXUgtA


45 posted on 06/13/2013 7:37:36 PM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: All

maybe if they made good movies, people wouldn’t wait them out and rent it for pennies on the dollar of a ticket price.

Movie theaters will still be around, but the business model has to change.


46 posted on 06/13/2013 7:41:39 PM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: Borges

Thanks for the opposing opinion Borges. I give it some thought. Take care...


47 posted on 06/13/2013 7:43:06 PM PDT by DoughtyOne (Now playing... [ * * * Manchurian Candidate * * * ], limited engagement, 8 years...)
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To: 2ndDivisionVet
Steven Spielberg Predicts 'Implosion' of Film Industry

I sincerely hope so. Hollyweird has produced little more than dreck for over a decade and I am at a loss to understand why they are still making money!

Until people figure out that the money they work so hard to earn is going in the pockets of people who detest conservatives and conservatism and keeps them making absurd amounts of money, nothing will change.

I have long advocated conservatives to boycott Hollyweird, boycott their shows, concerts and TV garbage to the extent that they can no longer afford to keep dissing 50% or better of their audience. When they can't pay cash for their new Ferrari, maybe then they will appreciate the saying "Silence is golden" and stop talking trash to and about conservatives, the Tea Party and conservatism.

48 posted on 06/13/2013 7:43:48 PM PDT by DustyMoment (Congress - another name for anti-American criminals!!)
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To: mylife
I loved the majestic old theatres where we would all go out together, several couples and just dig the entire atmosphere of the BIG screen and all the beauty of the theatre.

Where I grew up, we had a bunch of majestic theatres. It seemed like the screen was almost as wide as a football field (I was a kid). They had intermissions, where the theatre staff would have raffles for prizes, and other entertainment. Fun to go just for that. Not to mention the cartoons before the first movie and before the second one (yes, sometimes you'd see two for a single ticket). Those days are long gone, as well as the theatres.

49 posted on 06/13/2013 7:44:26 PM PDT by roadcat
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To: aomagrat
I haven’t been to a movie theater this century

My last time was "The Lion King" (1994)

50 posted on 06/13/2013 7:45:23 PM PDT by digger48
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To: 2ndDivisionVet

We haven’t been to a theater in years. We wait for DVD release or watch on-line.


51 posted on 06/13/2013 7:45:55 PM PDT by Texas56
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To: usconservative

You’re not missing much. I hated the 3-D Imax because the action scenes were impossible to follow, and then I got so sick I staggered out of the movie and slept for 18 hours. :)


52 posted on 06/13/2013 7:47:57 PM PDT by Politicalmom (Liberalism. Ideas so great they have to be mandatory.-FReeper Osage Orange)
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To: 2ndDivisionVet

I couldn’t care less if I ever see another Hollywood movie for the rest of my life.


53 posted on 06/13/2013 7:48:12 PM PDT by Bullish (Psalm 46)
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To: 2ndDivisionVet

They can take all the mass entertainment and dump it. Local bands, local playhouses, local sports (AAA), they’re cheaper, and your money stays local and comes back to you. Same with chain restaurants vs locally owned.

FR is too small to be mass entertainment, but if it gets too big, I’ll dump it!


54 posted on 06/13/2013 7:48:33 PM PDT by Born to Conserve
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To: Bullish

Independent films are Ok then? Foreign films?


55 posted on 06/13/2013 7:49:07 PM PDT by Borges
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To: roadcat

I have not experienced it since the 80’s.


56 posted on 06/13/2013 7:49:37 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
Hollywood and Broadway have run out of ideas.

Yes, yes, YES!! A THOUSAND times YES!!!

You could not have said anything more true than that!

57 posted on 06/13/2013 7:51:23 PM PDT by DustyMoment (Congress - another name for anti-American criminals!!)
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To: roadcat

I have seen some fine films in cineplexes, but nothing compares to those fine majestic theatres.


58 posted on 06/13/2013 7:51:30 PM PDT by mylife (Ted Cruz understands the law, and he does not fear the unlawful.)
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To: isthisnickcool

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.


Does this mean moron actors with inflated egos will be a thing of the past? If so, viva the avatar!

I will admit that I am looking forward to the Hobbit (2nd installment) coming in December. Huge fan of the books and I have really loved the movies.


59 posted on 06/13/2013 7:51:32 PM PDT by volunbeer (We must embrace austerity or austerity will embrace us)
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To: 2ndDivisionVet
If the movie theaters and film industry just rely on the profits from popcorn and candy they can't be having any serious financial problems.

For a family of 4 with two teen friends we got a large popcorn, snowcaps, Reese's pieces, and sodas and it was about $60, more then it cost to get into the movie.

60 posted on 06/13/2013 7:53:53 PM PDT by MacMattico
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