quote:
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Mr Lucas warned that piracy threatened to reduce the movie industry's revenues, forcing film corporations to concentrate on blockbusters, rather than also investing in smaller art movies.
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Actually IMHO, it seems more like "smaller art movies" rather than "blockbusters" would be the way the movie industry would go.
Who'd want to take a chance on a blockbuster, when for the same money ten films (or more) could be made.
With a lower 'break even' point any 'piracy' would be less likely to destroy the profitability of lower ("smaller art movies") budget films. And there'd be more of them - bonus!
It seems there is a lot of reactionary defensiveness going on.
"I am begging for co-operation… the entertainment business ecosystem will collapse.”
By certain vested interests?
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