George Lucas Predicts Death of Big Budget Movies

Posted by ryuzaki0 on Monday March 6, 2006 @03:10AM from the the-death-kneel-is-coming dept.

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.""

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Re:Yes, look at King Kong by waldo2020 · 2006-03-06 04:40 · Score: 0, Troll

you've obviously never worked in a theatre or any movie related business. The exhibitor doesn't get a cut of ticket sales at all - they make their profit on concessions - ie 7$ cokes and 3$ chocolate bars. Educate YOURSELF!