Spielberg added, “There’s eventually going to be an implosion – or a big meltdown. 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 (flop at the box office), and that’s going to change the paradigm.”
http://www.celebdirtylaundry.com/2013/steven-spielberg-george-lucas-warn-box-office-implosion-061/
And I'm giggling gleefully because I made the same prediction.
shareyour link doesn't work
Life is what happens to you while your busy making other plans....
Spielberg added, “There’s eventually going to be an implosion – or a big meltdown. 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 (flop at the box office), and that’s going to change the paradigm.”
I think it depends on who you you expect to have "a big melt down" If you are expecting the the movie studios to have the melt down, it may never happen, or at least will be a very long time in coming. If you, think about the "Viewing public," though, they might have the "melt down."
I think the viewing public in general are experiencing part of that melt down already. Previously many people were completely tied to the productions from a certain movie studio, or film genre, or Comic book hero movies. It didn't matter what the new film was about, some people were going to go see it. Due to changing financial constraints, time constraints, social media reviews, etc, I think the viewing public is a little less willing to plop down money or time on potentially bad movies now days.
If the viewing public has the "melt down" EVENTUALLY the studios will notice the trend and change their way of doing things - but THAT meltdown will take a very long time.
Maybe when the budget reaches $1 billion. I mean, too many movies cost well over $200 million, not including marketing costs.
shareThe big problem is there is nothing new. All the hits are reboots, sequels or running on the super hero genre.
Was Avatar the last big new hit? Yes, I know it is debatable whether it was truly original.