Hollywood is Having A Tough Time Recently

Lone Ranger joins some other poor-performing films.

We’ve also had some real hits (Trek, etc.) and Despicable Me 2 did well (I would argue, personally, it quite deserved it).  But it’s worth noting since we’ve been following a string of concerns about Hollywood potentially having a collapse.

– Steven

 

Movie Meltdown?

Steven Spielburg isn’t too hot on the film industry:

“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, and that’s going to change the paradigm.”

I’d have to agree.  The gamble on big pieces, spectacle, etc. has to backfire eventually – and the fallout will be fascinating.

Our own Serdar puts it simply: it’s not sustainable.

– Steven