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The glass half full: George Lucas and Steven Spielberg weren't sounding the death knell for the...

The glass half full: George Lucas and Steven Spielberg weren't sounding the death knell for the movie industry when they warned of an implosion but a paradigm shift away from multiplex theaters (CKEC, CNK, IMAX, RGC). When the day comes when mega-budget films from top studios (CMCSA, DIS, TWX, LGF, SNE, DWA) bomb at the box office, look for new mediums at home to emerge as first-run options. "There has never been more exciting potential," notes Spielberg. (video)
Comments (4)
  • scott trader
    , contributor
    Comments (4529) | Send Message
     
    Long dis rld tdey content and distribution are key plays to the entertainment industry...so far so good......Speibergs falling skies tv has not been a real blockbuster....Lucas Disney stock deal has worked out well for him, soon for Disney...
    13 Jun 2013, 03:52 PM Reply Like
  • mswyman
    , contributor
    Comments (146) | Send Message
     
    If we're going to be paying $50 for a movie, there had better be something more than popcorn at the concession stand. How bout pulling out the chairs, putting in tables and serving filet Mignon and wine? ;-)
    13 Jun 2013, 04:43 PM Reply Like
  • johngartman
    , contributor
    Comment (1) | Send Message
     
    you blame the exhibitor for those $50 movie prices well guess what 90% of that ticket price goes right to the studio. Maybe that's why popcorn and soda are so highly priced? all those lights and that big Digital projector don't run for free.
    14 Jun 2013, 09:31 AM Reply Like
  • jax4bux
    , contributor
    Comments (168) | Send Message
     
    I first saw and was impressed by the IMAX concept way back in 1967 at Montreal Expo 67 when Ontario was the subject. In 2002 I saw "Elephant Walk" in San Diego. In January 2009 I bought a mess of shares of IMAX at $6 each and restored my IRA in May of 2011 when I sold those shares at $35. Today I love the IMAX potential of direct profitability in showing new blockbuster 3D ahead of mass distribution.
    Also a $25 per share price has me as excited as seeing the "Man OF Steel" and am pleased to once again invest in IMAX. I already have PUT & CALL options in place as well. Also looking forward to taking my grandson to see "Despicable 2" soon.
    14 Jun 2013, 12:39 PM Reply Like
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