Spielberg and Lucas predict implosion of film industry. Hat tip, Phil from a comment.
"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.This sounds eerily like the end of movie as a cultural touchstone and a popular media. I don't think we will be better off.
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