George Lucas to stop making big budget movies
One of the most successful filmmakers in history, Star Wars creator George Lucas revealed that he stopped making movies based on big budget as he believes that with the Internet, multichannel television and video games fragmenting the entertainment audience. George Lucas, who was also behind such hits as the Indiana Jones series, said that feature films have become too risky, spending 200 million dollars on a movie has no sense when Americans are abandoning the cinema for good.
We don’t want to make movies. We’re about to get into television. As far as Lucasfilm is concerned, we’ve moved away from the feature film thing because it’s too expensive and it’s too risky. I think the secret to the future is quantity.
- said George Lucas in an interview in Daily Variety -
In other news, the ‘Star Wars’ creator and founder of Lucas Animation, George Lucas donated $175 million to the University of Southern California School of Cinematic Arts (the oldest film school in the U.S.) through his Lucas Foundation.
October 17th, 2006 at 9:49 am
[…] According to the news, ‘The Departed’ director Martin Scorsese decided to quit Hollywood at least for now, because he is finding it harder to work on big productions and wants to focus more in making low-budget films. Scorsese said his next film will be an adaptation of a Japanese novel, The Silence, which was already shot. Hollywood movie director noted, that he had been wanting to make for 15 years to make this lower-budget film. Meanwhile Star Wars creator George Lucas revealed he stopped making movies based on big budget. I am finding that when there are very big budgets there is less risk that can be taken but I don’t know how much longer that can hold out, with regard to what kind of movie they, the major studios, would like to make and the kind of film I’d like to make. - Speaking at the Rome Film Festival, said Martin Scorsese - […]