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Steven Spielberg Predicts the “Implosion” of Hollywood

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By Craig Hubert | We’ve heard this one before. According to the Hollywood Reporter, tinseltown golden boy Steven Spielberg, speaking on a panel at the University of Southern California with his best-friend-forever George Lucas, predicted the “implosion” of the film industry. “That’s the big danger, and there’s eventually going to be an implosion — or a big meltdown,” Spielberg told the crowd of students. “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.” The very-rich Lucas chimed in, complaining: “You’re talking about Steven Spielberg and George Lucas can’t get their movie into a theater.” Spielberg topped him by claiming that the only reason “Lincoln” got into theaters was because he owns the studio.

Aside from the fact that rich people complaining about not being given enough money never sounds good, this argument is nothing new. For years, people have been talking about the changing landscape of the film industry, viewing its demise on the horizon. As some have pointed out, Steven Soderbergh made similar statements in his recent “State of Cinema” address at the San Francisco Film Festival, and much more eloquently. Others either welcome the “implosion,” or claim it already happened, leaving fogies like Speilberg and Lucas behind. The only thing we know is that we don’t know what’s going to happen. We can try to predict, and keep the conversation spinning in circles, but does it mean anything? Movies will continue to live, no matter if the infrastructure of Hollywood collapses.

Image: Vittorio Zunino Celotto/Getty Images

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