Steven Spielberg and George Lucas Predict Hollywood Meltdown: Lincoln Almost Went to HBO

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The movie industry is absolutely changing. That's undeniable.

But exactly where will these changes lead us? Steven Spielberg thinks to an implosion. And George Lucas agrees.

Speaking at an event at the University of Southern California School of Cinematic Arts, Spielberg and Lucas predicted a not-so-distant future where major blockbusters cost $25 per ticket, while films like Spielberg's own Lincoln will cost $7.

  • Steven Spielberg Directs Lincoln
  • George Lucas Picture

Spielberg also revealed that Lincoln came very close to becoming an HBO movie. Add that to Lucas' Red Tails, and both filmmakers have had to fight to get their last movie made. These are the people that brought us Jurassic Park, Indiana Jones, and Star Wars.

"There’s going to be an implosion where three or four or maybe even a half-dozen megabudget movies are going to go crashing into the ground, and that’s going to change the paradigm,” says Spielberg.

While I agree that the low-concept franchise film is indelibly altering the landscape of the film industry, it's hard to imagine a world where a half-dozen mega-budget films fail to at least break even, given the giant, under-discussed influence of foreign markets.

Take a film like John Carter, which was considered a disastrous flop. The $250 million movie only made $73 million in US theaters. But add in foreign ticket sales, and Disney actually made $32 million (not a great profit margin, but still not a loss).

But this all serves to further Mr. Spielberg's point. A great little film like the recent Kings of Summer is not worth making, because the Chinese market won't care about it.

Slap a recognizable franchise title and a huge movie star onto it, and all of a sudden it's viable. If it were Call of Duty: Kings of Summer starring Channing Tatum, it'd do great (just me typing that out made a studio somewhere $600 million).

Believe me, as someone who writes hundreds of film-related headlines a week, the colon is ubiquitous in Hollywood (and it makes headline-writing a lot harder). Colons generally mean franchise films with insane titles (Giant Dude: Fall of the Sun BeastUndercurrent of Destiny: The System of Maliceor Jump Higher! 3D: A Lunchtime of Malcontentment).

The mega-budget franchise is not a bad thing. Some good films have been borne from that concept. But the fact that American teenagers and foreign markets have basically all of the buying power means that they may quickly become the only thing we see in theaters anymore. Television is already outdoing film in the "compelling story" department, and that will likely only become more true.

The biggest problem I see with this trend? Low-concept. Low-concept is dreadful. It's an utter disaster. Hollywood, I beg you, stop making movies where the plot is just "oh, it's the new Star Trek movie" or "Batman's there!" Those are not plots!

Rant over.

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----From the two men who themselves
fronted for the franchise slum reduction
of ALLLLLL entertainment and 'cull-chore'. LOL

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Kenneth Branagh had to settle for his version of "As You Like It" premiering in the U.s. on HBO, rather than in theatres, and his "The Magic Flute" hasn't even been shown on cable in the U.S. Such is the state of the American movie industry.

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Kenneth Branagh had to settle for his version of "As You Like It" premiering in the U.s. on HBO, rather than in theatres, and his "The Magic Flute" hasn't even been shown on cable in the U.S. Such is the state of the American movie industry.

Steven Spielberg

Steven Spielberg Photo

Steven Spielberg has been in the film industry for nearly 40 years, and is thought as one of the most influential people in his field. He is a studio entrepreneur, as well as a direction, screenwriter, producer, and video game designer. In addition, he is a co-founder of the DreamWorks movie studio.

Filming and directing was always a passion of Spielberg's. When he was young, he would make films with his friends and charge kids 25 cents to watch his homemade videos.

After college, Spielberg took an unpaid internship with Universal Studios, where he made his first film Amblin'; he named his production company later in life, Amblin Entertainment, after this.

 

Spielberg's name is attached to so many films, however his most famous films include Jaws, Raiders of the Lost Ark, E.T. the Extra-Terrestrial, Twilight Zone: The Movie, Gremlins and its sequel, The New Batch, Indiana Jones and the Temple of Doom, Back to the Future and its two sequels, The Color Purple, The Goonies, The Land Before Time, Who Framed Roger Rabbit, Indiana Jones and the Last Crusade, Hook, Jurassic Park and the sequels to it, Schindler's List, Casper, Twister, Men in Black, Amistad, Saving Private Ryan, The Mask of Zorro, Minority Report, Catch Me If You Can, The Terminal, War of the Worlds, The Legend of Zorro, Memoris of a Geisha, Munich, Transformers and its two sequels, Eagle Eye, The Lovely Bones, and Cowboys and Aliens.

 

In addition to his outstanding job directing and writing for the big screen, Spielberg's name is also attached to many television shows. Some of his shows targeted for the younger audience include Tiny Toon Adventures, Animaniacs, and Pinky & the Brain. He has also recently produced Falling Skies and Terra Nova.

 

Steven Spielberg is notorious for his work, and has won hundreds of awards throughout the past four decades!

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