Spielberg: "Implosion" of Film Industry Imminent

[The Mad Hatter]

According to this article,

Steven Spielberg on Wednesday predicted an "implosion" in the film industry is inevitable, whereby a half dozen or so $250 million movies flop at the box office and alter the industry forever. What comes next -- or even before then -- will be price variances at movie theaters, where "you're gonna have to pay $25 for the next Iron Man, you're probably only going to have to pay $7 to see Lincoln." He also said that Lincoln came "this close" to being an HBO movie instead of a theatrical release.

The HuffingtonPost adds:

As a result, feature films have gravitated into two camps: low-budget, independent fare and high-budget tentpole projects centered around identifiable franchises (a la "Iron Man"), with little in between. The risk of such a system is that, as studios make increasingly large bets on summer blockbusters, the failure of a few of them -- like, for example, Disney's "John Carter," which the studio reportedly lost $200 million on last year -- could upend the entire industry.