Thursday, October 05, 2006

Death knell for the blockbuster?

George Lucas is taking Lucasfilm out of the moviemaking business because he doesn't believe the "tentpole" or blockbuster film is a viable business anymore. Ironic that the man who did the most to create the blockbuster concept, albeit not consciously so (Lucas wanted to make a good movie with Star Wars, not necessarily redefine the nature of the business model), is now against banking on the homerun in favor of smaller movies that, in the aggregate, will make more cash.

Then again, Lucas may just be ahead of his contemporaries. After all, as much as he did to create the blockbuster, he also did to destroy it as The Monk indicated in his reviews of the Star Wars prequels.

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