March 06, 2006

Lucas predicts the end of big movies

During this year's Oscars weekend, George Lucas predicted that "by 2025 the average movie will cost only US$15 million." after indie movies secured most of the major prizes. It certainly makes sense. The rise of user-generated-content generation is a sign that the tools of production have finally been democratised. Ironically it's the global success of the Hollywood machine that has contributed more than anything to the appeal of do-it-yourself storytelling.

Not a good sign for the film business or is it? You could argue that the "big" movies of the future will be wider than long. Starting with a cinema release, the best stories now have a chance to live far beyond the traditional distribution model. Which Oscar-winning film will be the first to let the audience in? Its cheap and it will happen.

New York Daily News - Home - Lloyd Grove's Lowdown: Lucas: Big pics are doomed

Posted by .M. at March 6, 2006 11:24 PM | TrackBack
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