Crossroads

At the intersection of technology, finance and the Pacific Rim.

Wednesday, October 25, 2006

As you may have gathered from my speaking points, I have an admiration for revolutionaries--Steve Jobs, Larry Page/Sergey Brin, yes Bill Gates--the Think Different crowd. And whenever they speak it pays to listen very carefully. George Lucas is another one and he says this about the movie industry and its future in Variety:

Spending $100 million on production costs and another $100 million on P&A makes no sense, (Lucas). "For that same $200 million, I can make 50-60 two-hour movies. That's 120 hours as opposed to two hours. In the future market, that's where it's going to land, because it's going to be all pay-per-view and downloadable. You've got to really have a brand. You've got to have a site that has enough material on it to attract people."

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