It’s an odd experience to have Steven Spielberg [er, I meant George Lucas] validate a speculation I made only a few weeks ago:

"Those movies can’t make their money back anymore," he explained. "In the future, almost everything that gets shown in theatres will be indie movies. I predict that by 2025 the average movie will cost only $15m."

Lucas: "Blockbuster days are numbered" by Miriam Zendle, Digital Spy, Monday, March 6 2006, 16:43 UTC

A few weeks ago I compared Hollywood comedies to Restoration spectacular plays and wrote:

Hollywood will either adapt eventually to some form of production that doesn’t involve ever-higher costs for ever-larger blockbusters, or people will stop buying them and Hollywood will have to adapt.

Restoration Blockbusters, Perilocity, February 04, 2006