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Steven Spielberg and George Lucas predict ‘massive implosion’ in film industry Published: June 13, 2013

George Lucas and Steven Spielberg think the film industry is heading towards a cliff, reports The Verge.

The pair behind some of the most successful franchises in movie history think that conservative programming choices and rapidly evolving distribution schemes have set the stage for a massive upheaval — and internet-based services may become the dominant medium when moviegoing as we know it crashes and burns.

H/T: Popurls

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