The Future of The Movie Industry

Wired: George Lucas makes some interesting predictions here about the future of the movie industry...I've taken the liberty of grabbing the more insightful quotes, but read the whole thing - he sounds dead on.....

"The internet and digital distribution will force Hollywood to refocus on smaller projects and it must figure out how to sell its wares online...We need to convince people that creatives need to get paid or they can't create, and we need to short circuit the idea that all the money goes to corporations. This (piracy) is an international problem that involves international governments, but also a cultural shift."

The article also states that the growth of home theaters, new delivery mechanisms and alternative viewing devices like mobile phones will inevitably alter moviemaking. Lucas adds, "The profitable areas are now television and DVD, and the entire paradigm is shifting dramatically...The shift from big-screen epics toward television and mobile devices is also inspiring an aesthetic shift..."