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Story summary
- The film industry could implode, warned Steven Spielberg and George Lucas at a University of Southern California (USC) event.
- Spielberg warned that several high-budget films could flop, altering pricing and distribution models.
- He noted Lincoln nearly became an HBO release, illustrating struggle to secure theatrical releases.
- Lucas criticized high marketing costs and push for mass appeal, saying niche films may disappear.
- Both acknowledged evolving landscapes, including streaming platforms like Netflix.
