March 16, 2006
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I thought this was an interesting article that I can agree with... in fact I welcome it.
"The End of Hollywood Blockbusters"
Star Wars creator George Lucas says the days of the big-budget Hollywood blockbuster are numbered.The
director believes cinemas will soon be showing mainly independent
films, and that in 20 years time most movies will only cost around $15m
to make."The market forces that exist today make it unrealistic to spend $200 million on a movie," Lucas told the New York Daily News.
"Those movies can't make their money back anymore."
He said it was "great" that the major Oscar nominations had gone to small films.
"In the future, almost everything that gets shown in theatres will be indie movies," Lucas added.
"I predict that by 2025 the average movie will cost only $15m"
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