‘Implosion’ of the Film Industry

Both George Lucas and Steven Spielberg predict a grim future for the film industry.  Recently, six or more big budget movies have failed at the box office.  With production costs of over $250 million per film, a failed movie can adversely effect the industry.  What does this mean for the viewers?  We can expect fewer releases and an increase in prices for tickets.

You can read more here: http://www.hollywoodreporter.com/news/steven-spielberg-predicts-implosion-film-567604

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