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To: SMGFan
Steven Spielberg predicted exactly this in a speech about a month ago at an interesting speech given at the dedication of a new USC Film School building:

http://www.hollywoodreporter.com/news/steven-spielberg-predicts-implosion-film-567604

Here is a quote:

“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.”

Whatever you think about Spielberg, his thoughts what this all means for the movie industry are quite interesting—something big will have to change and he has some predictions.

9 posted on 07/07/2013 12:18:08 PM PDT by nvskibum
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To: nvskibum

Problem with that speech is that Spielberg forgot he’s an outlier. His success rate is ridiculous, way above industry norm. There’s a dozen movies with serious budgets that bomb every year, it’s how the industry goes, but enough big budget movies succeed, and enough small budget movies unexpectedly succeed, to offset the failures. Spielberg has the golden touch, his least successful movies still usually break even, so he doesn’t seem to realize just how regular bombs are.


14 posted on 07/07/2013 12:23:34 PM PDT by discostu (Go do the voodoo that you do so well.)
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To: nvskibum

“because the latter hasn’t been able to tell stories and make consumers care about the characters”

I’m not sure what Spielberg’s getting at. With a game you can make your own character and tell your own stories.


19 posted on 07/07/2013 12:27:35 PM PDT by JCBreckenridge ("we are pilgrims in an unholy land")
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