George Lucas and Steven Spielberg tell an audience at USC that the film industry is heading...

|By:, SA News Editor

George Lucas and Steven Spielberg tell an audience at USC that the film industry is heading toward giant upheaval as distribution in the industry evolves. The iconic pair see the theater industry heading toward an increase in premium seating in large-sized theaters (think IMAX) for big-budget films and note that cable networks which have an easier time turning a profit (think HBO (TWX)) will be a logical channel to release more films.