Anyone not see this coming?
"Going to the movies is going to cost you $50, maybe $100, maybe $150," says George Lucas, the creator of " Star Wars" and founder of Lucasfilm, which is now owned by the Walt Disney Co., ABC's parent company.
Lucas and director Steven Spielberg talked about the future of entertainment while on a panel at the University of Southern California Thursday.
Spielberg said studios were increasingly putting money into "mega-budget" movies, causing a tectonic shift in the entertainment industry.
"There's eventually going to be an implosion, or a big meltdown," Spielberg said. "There's going to be an implosion where three or four, or maybe even a half-dozen mega-budget movies, are going to go crashing into the ground, and that's going to change the paradigm."
"Going to the movies is going to cost you $50, maybe $100, maybe $150," says George Lucas, the creator of " Star Wars" and founder of Lucasfilm, which is now owned by the Walt Disney Co., ABC's parent company.
Lucas and director Steven Spielberg talked about the future of entertainment while on a panel at the University of Southern California Thursday.
Spielberg said studios were increasingly putting money into "mega-budget" movies, causing a tectonic shift in the entertainment industry.
"There's eventually going to be an implosion, or a big meltdown," Spielberg said. "There's going to be an implosion where three or four, or maybe even a half-dozen mega-budget movies, are going to go crashing into the ground, and that's going to change the paradigm."
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