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Author Topic: George Lucas: "Big budget movies are dead"  (Read 891 times)

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George Lucas: "Big budget movies are dead"
« on: Mar 06 06 08:13 »
Before the red carpet had cooled at last night's Academy Awards,George Lucas told the New York Daily News that big-budget movies [a href="http://www.nydailynews.com/front/story/397167p-336664c.html"]will soon be history[/a].

"The market forces that exist today make it unrealistic to spend $200 million on a movie,' said Lucas, a near-billionaire from his feverishly franchised outer-space epics. 'Those movies can't make their money back anymore. Look at what happened with King Kong."

Lucas' prediction: "In the future, almost everything that gets shown in theaters will be indie movies ... I predict that by 2025 the average movie will cost only $15 million."[hr style="width: 100%; height: 2px;"]
He may be right. The economies involved in making movies are changing, just like everything else.

 

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