Steven Spielberg has released an interview making predictions for the future of the American cinema. The film director took the stage at the University of Southern California to tell the audience that the movie industry is going to experience an implosion as many more people choose to watch movies at home instead of going to cinemas, the Verge relates.
Steven Spielberg was accompanied by his good friend, George Lucas, when he delivered his speech during the conference about the entertainment medium. Both producers have agreed that the rapid evolution of the online sources of entertainment have completely modified the moviegoing experience.
People have very little spare time, so they often resort to the alternatives that better suit their needs. Thus, many more film goers prefer the comfort of their living room to movie studios. The latter have to rely on event films to gather viewers and stand out from the rest of the options on the marketplace. “You’re at the point right now where a studio would rather invest $250 million in one film for a real shot at the brass ring than make a whole bunch of really interesting, deeply personal — and even maybe historical — projects that may get lost in the shuffle because there’s only 24 hours,” Spielberg continued.
The film industry will take a completely new look and status in the future, according to Spielberg. George Lucas agreed to Steven’s vision and shared his own point of view in relation to the subject. Lucas believes going to the cinema will no longer be a casual experience after the cinematographic implosion. Only wealthy individuals will afford to visit the high-end cinemas of the future which will become more like today’s Broadway. There will be fewer theaters, but they will be richly decorated and they will offer customers high-end and exclusive services. Mega-budget movies will run all year long, whereas the rest of the productions will be similar to cable television. Low-budget and unprofessional movies will be available on You Tube and other video sharing websites, the two directors concluded.