Spielberg agrees with Lucas: “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, and that’s going to change the paradigm.”
Speaking at the opening of a new media centre at the University of Southern California, the two Hollywood titans painted a picture of a future in which the failure of half a dozen $250m movies in quick succession caused a seismic shift in studio dynamics, leading to audiences being asked to pay $25 (£15) a ticket for films such as Iron Man 3 but just $7 (£4.50) for movies such as Spielberg’s own Lincoln.
