Spielberg and Lucas discuss claim more expensive movies are coming

posted by Michael Zoldessy on June 18, 2013 at 4:45 am

In a panel at USC last week, Steven Spielberg and George Lucas commented on their predictions for the film industry. They argued that with studios funneling more and more money into big budget actions flicks, the industry will eventually implode. They say this will lead to a huge gap in variable pricing to support the films with larger budgets.

Read more at ABC News.

Comments (7)

HowardBHaas
HowardBHaas on June 18, 2013 at 6:27 am

I noted at the UA King of Prussia 16 page tomorrow’s preview $50 screening of World War Z, but loaded with extras, I think that’s an exception. Unfortunately, many people seem content to watch movies on TV or other devices so it is hard to believe that many movies will be $50 and impossible to believe they will be $100 or $150.

korgsman
korgsman on June 18, 2013 at 9:15 am

Now if only Hollywood could produce a movie that’s actually worth paying $50.00 for.

JohnRice
JohnRice on June 18, 2013 at 1:32 pm

I suspect there is just a very small minority that will pay $50 or more to see a movie. People are already starting to balk at the extra $3.50 for 3-D! With streaming, Redbox, pay per view, DVD, Blu-ray you have way too many alternatives to catch movies if you are just willing to wait for a short while. I don’t even agree with Spielberg’s prediction that the next “Iron Man” flick will cost $25. “Iron Man 2” was the same admission price as “Iron Man 1”. Why should the cost to see “Iron Man 3” rise astronomically? Wishful thinking by Hollywood Greedmasters!

Anonymous_One
Anonymous_One on June 18, 2013 at 6:54 pm

The Movie Studio And The Industry Should Go Back To Paid Contract Players. Some Of These Celebrities Don’t Deserve To Make So Much Money For Such Bad Flops In Theatre’s. Plus the Theatre’s are what they use to be anymore there is always someone talking on their cellphone or a group of kids farting around in the theaters while the movie is running it not worth it anymore they way modern technology had evolved. It is to the point Movie are now like Mp3’s you either stream the film online or download it via a torrent. I’m Just Sayin'

CinemaFan1949
CinemaFan1949 on June 18, 2013 at 9:09 pm

I honestly think that the studios have tried to destroy theatrical circuits…they have shortened the time between release in theatres and home rental release to almost nothing. You have to remember these organizations are ran by corporate people similar to other industries in the United States. These people do not care where the money comes from as long as they get it…not much loyalty to the theatrical people. Another issue I agree with is that some theatres need to crack down the texting and playing around….our theatre has done that. I love the new digital projections systems and sound…wonderful improvement over the poor prints that the studios shipped out and didn’t care if they had scratches and were bad to watch…unlike the old days when they cared. I have a wonderful in home theatre but nothing compares with seeing a film on a huge screen with other people, plus I get out of the house. The problem I have however is that most of the films are not worth paying to see so I am picky….Special FX loaded films turn me off, 3D gives me a headache and I am not interested in paying to see it when it only is useful in some instances according to the film…waste of time on others. So I beg to differ with these two regarding ticket costs…I personally would never pay those kinds of prices to see any film and not a comic book film they have made 40 sequels to.

CinemaFan1949
CinemaFan1949 on June 18, 2013 at 9:09 pm

I honestly think that the studios have tried to destroy theatrical circuits…they have shortened the time between release in theatres and home rental release to almost nothing. You have to remember these organizations are ran by corporate people similar to other industries in the United States. These people do not care where the money comes from as long as they get it…not much loyalty to the theatrical people. Another issue I agree with is that some theatres need to crack down the texting and playing around….our theatre has done that. I love the new digital projections systems and sound…wonderful improvement over the poor prints that the studios shipped out and didn’t care if they had scratches and were bad to watch…unlike the old days when they cared. I have a wonderful in home theatre but nothing compares with seeing a film on a huge screen with other people, plus I get out of the house. The problem I have however is that most of the films are not worth paying to see so I am picky….Special FX loaded films turn me off, 3D gives me a headache and I am not interested in paying to see it when it only is useful in some instances according to the film…waste of time on others. So I beg to differ with these two regarding ticket costs…I personally would never pay those kinds of prices to see any film and not a comic book film they have made 40 sequels to.

KenLayton
KenLayton on June 19, 2013 at 7:20 am

Considering these so-called “movies” are now simply a big budget “tv movie of the week”, there’s really no need to spend all that money at the theater. Wait and watch it on tv at home.

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