>As Frank pointed out, it's not like six MEGA-budget films >tanked this year. There are always flops. Spielberg isn't >saying that there will be six flops one summer and the >paradigm will change; he's saying six of the most expensive >films will flop. That didn't happen this year. Nevermind the >paradigm changing, one of the flops (Pacific Rim) still hasn't >even seen its sequel shut down pre-production yet. > >I think Spielberg would say this thing is a harbinger of >things to come but he wouldn't agree that this summer proves >his point.
Nothing that has happened this summer (a) hasn't happened before, or (b) indicates a paradigm shift. At all.
Do I believe EVENTUALLY movies will get so expensive that a studio could be sunk? Sure, absolutely. And that's what Spielberg is getting at, I think.
Spielberg was not saying this summer would change things. And it didn't. So this article was a reach at best and horribly misleading at worst.
I also think pretty much any "death of cinema" or "what we learned from this" piece is always terrible.