From the print version New York Daily News (3/6/06) – A column by Lloyd Grove
Star Wars maker George Lucas believes the days of the big budget blockbuster Hollywood movie are over. He points to two factors:
1. The quality of “small movies”
2. Old fashioned artithmetic
Here’s what George Lucas said:
“The market forces that exist today make it unrealistic to spend $200 million on a movie. (They) can’t make their money back any more.”
He pointed out that “small movies” outlclassed the blockbusters at this year’s Oscars.
“Is that good for the business? No – it’s bad for business. But movie-making isn’t about business, it’s about art.”
“I predict that by 2025 the average movie will cost only $15 million.”
So sayeth one of the most successful independent film makers of all time.
– Ken McCarthy
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