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Sunday, July 21, 2013
The movie blockbuster bubble
A Futurist's Observations: George Lucas—between he and Spielberg, producers of most of the biggest movie blockbusters in American history—agreed that the movie industry was due for a reversal of fortune, where the huge movies of the past will no longer carry the mega audiences they once did, and studios will be stricken by the sudden unprofitability of big movies. Both of them also lamented about the “lesser” movies they made, which almost weren’t accepted by the studios for theatre releases because of their non-blockbuster status. That’s right: Spielberg and Lucas both had trouble getting their movies into the theatres.
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