“I don’t think there’s a single movie that can survive on box office gross alone; it just doesn’t exist anymore,” says McCallum. “A theatrical gross can’t hack it anymore, and the business is barely surviving right now. This is the biggest potential growth area that we have. Studios need it, or they’re gone. They’re on the verge of collapse anyway. They are not making money. Anyone who says, or thinks, that they are, is out of their mind.”
“And forget about DVDs — college and high schoolers with access to high-speed Internet connections are setting up “film parties,” where groups get together to watch current theatricals they have already downloaded and burned onto a DVD-ROM.”
“My passion about digital technology and the digital pipeline is just a small little brush fire,” says McCallum. “This other thing is a tornado. The business will implode once you can download a movie, give it to your friends and not have a moral problem with doing it. Then we’re screwed. Literally, our very lives are at stake now. George and I are just praying that we can finish ‘Episode III’ in time, before it’s all over.”
Read the full article on CNN.com
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