Massive film industry implosion coming

Steven Spielberg and George Lucas predict ‘massive implosion’ in film industry Lucas: Movies will become like Broadway, high-end sophisticated, expensive, few theaters, event-driven - Rest will be Internet TV, similar to cable and broadcast, but wider variety, more experimentation, niche - Lucas: "But out of that chaos will come some really amazing things. And right now there's amazing opportunities for young people coming into the industry to say, ‘Hey, I think I'm going to do this and there's nobody to stop me.' It's all because the gatekeepers have been killed." (read more at links above)

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Popular streaming channels: Netflix: The king of movie and TV show streaming. $7.99/mo. YouTube: User-submitted videos and some original programming. Free. Hulu Plus: TV shows days after they air and some movies. $7.99/mo. Amazon Prime: A strong Netflix competitor with other Amazon benefits. $79/year. Crackle: Movies and TV mostly from Sony's library. Free. Vudu: Movie rental site owned by Walmart. Fees per movie

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