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George Lucas Predicts Death of Big Budget Movies
H_Fisher writes "Before the red carpet had cooled at last night's Academy Awards, George Lucas told the New York Daily News that big-budget movies will soon be history. From the article: "'The market forces that exist today make it unrealistic to spend $200 million on a movie,' said Lucas, a near-billionaire from his feverishly franchised outer-space epics. 'Those movies can't make their money back anymore. Look at what happened with King Kong.'" Lucas' prediction: "In the future, almost everything that gets shown in theaters will be indie movies ... I predict that by 2025 the average movie will cost only $15 million.""
Car makers have less labor too so less cost. I don't believe for a minute that their margins are less nowadays. A nice car in the 70s could be had for probably for $4000-5000. Now today, more like $20-30K.
Almost everything is like that these days. When my parents bought their home in the early 70s for around 20K my dad was making about $330 a week. If he wasn't retired, he'd be making probably about $800-$900.
The house on the other hand today would sell for between $400,000 to $500,000 thousand.
-William Shatner can be neither created nor destroyed.