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Monday, March 06, 2006

Off Topic The Death of the Blockbuster

From my fellow USC School of Cinema-Television alum:
"The market forces that exist today make it unrealistic to spend $200 million on a movie," said Lucas, a near-billionaire from his feverishly franchised outer-space epics. "Those movies can't make their money back anymore. Look at what happened with 'King Kong.'"

"In the future, almost everything that gets shown in theaters will be indie movies," Lucas declared. "I predict that by 2025 the average movie will cost only $15 million."
Very true. Although making predictions about 2025 is a dangerous game. It wouldn't surprise me if the quickly evolving world of content delivery has destroyed movie theatres as we know them by this time. That may not be such a bad thing.

Despite all the doom and gloom, I am optimistic for the future of moviemaking.

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