Wednesday 29 June 2005
Lucas says the big movie era is over
 According to George Lucas, the big blockbuster could be on the wane...and mentions films on mobile phones...I wonder does he want to make a film for our Wildlight Channel .... from Wired News: SAN FRANCISCO -- Technology may soon spell doom for the big blockbuster, predicted the king of blockbusters himself -- George Lucas. Speaking at the grand opening of his brand new Letterman Digital Arts Center here in San Francisco's Presidio national park, Lucas said the internet and digital distribution will force Hollywood to refocus on smaller projects. Theatrical and licensing revenues from the six-part Star Wars series have topped $13 billion and continue to grow, but Lucas believes the days of such high-budget epics may soon be over. "I'm not doing $100-million movies anymore," Lucas said on Saturday. "I'm more interested in smaller ones. Each time you do a $100-million movie, the chances are greater that you're not going to make your money back." He added: "Box office numbers have been going down since World War II. They're on a slide and will continue to be. The profitable areas are now television and DVD, and the entire paradigm is shifting dramatically," Lucas said. "People will always go to theaters, because they will always like a social experience, but I don't think it's going to be as big as it is now." Lucas said he will not be alone in Hollywood. The growth of home theaters, new delivery mechanisms and alternative viewing devices like mobile phones will inevitably alter moviemaking. link to full story 11:05:47 AM  comment []
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2006
Stephen McCormack
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Last update: 20/01/2006; 23:21:14 .
Last update: 20/01/2006; 23:21:14 .
