The Future of the Film Industry

So I’ve had these wacky theories about where the Film and Television industry is going, and I was talking with a friend about this topic and he had some of the same wacky theories.  That made me realize that I should put my predictions in writing; in fact, I should have done this 4 years ago.

1) TV and the Internet will become one thing.  The better the compression, and the faster the connection speed, soon in place of going to ABC’s (for example) TV channel, you’ll just go to their website.  Software like Windows Media Center and others are already conditioning people to watch TV and Movies on their computer.  It’s possible to connect your computer to your TV and watch sitting on your couch just like normal.  This isn’t really a new thing; ever since DVD’s came out people have been warming up to the idea of watching Movies on the computer.

2) Movies will go the way of Theatre.   The film industry makes less money every, but films cost more to make every year.  Directors, writers, actors, everyone wants to make more and more and more, but again, the profit seems to be shrinking.  I think that the Internet is what is stealing the audience, and I think it’s the future.  As a result, movies will turn into special occasions – much like the Theatre has.  Frankly, I’ve noticed myself going to less and less movies every year, and when I do it’s more about the experience of “going to the movies” than it is about the film itself.

3) Independent filmmakers will rise.  We are in an age of FREE international distribution (the Internet) and the cost of filmmaking for independents coming down significantly.  Affordable software and new equipment like the “Red” are making it more possible for folks with not much money to tell incredible stories.

4) Lots of people… perhaps everyone will have a TV show (on their website).  Not long ago some folks predicted that everyone would have their own personal webpages and many people laughed at that – wondering what the point would be.  But here you are reading one of my web pages – my blog.  Not to mention myspace, facebook, youtube – the list goes on and on.  This is very near, I think.  Look at myspace TV.

5) Hollywood will “go big.”  With the rise of independent films with solid characters, unique ideas, and good stories, Hollywood will retaliate with the biggest budget stuff they can muster.  Expensive copyrights (more remakes), enormous special effects, and expensive celebrities.  Celebrities include directors, actors… really anyone Hollywood has conditioned us to want to spend money to see.

6) One of two things will happen to the independents.  They will be bought up by Hollywood, and seduced to transform into a “Hollywood Celebrity” like I mentioned a while ago.  The other possibility, is that the independents could succeed.

Anyway, I’m sure these ideas are not that new anymore.  I’ve been spouting this propaganda for about 4 years now and I wanted to finally get it in writing.



6 comments so far

  1. […] davidmay added an interesting post on The Future of the Film IndustryHere’s a small excerptSoftware like Windows Media Center and others are already conditioning people to watch TV and Movies on their computer. It’s possible to connect your computer to your TV and watch sitting on your couch just like normal. … […]

  2. Scilla Andreen - IndieFlix on

    I couldn’t have said it better myself. I do believe the Independents will succeed and like any other revolution …from chaos comes order and independents will become the new studio system.

    I’m building a whole business on this premise.

    CEO & Co-Founder

  3. Shawn L. on

    The future of the entertainment industry I believe lies in how much the individual is willing to pay for the advantages of whatever media that comes with a cost (downloading music and movies from say…itunes or other sources directly) over the advantages of watching them uploaded on youtube and downloaded from limewire (quality, time, quantity, a sense of self-righteous which i doubt is going to last long.)

    that leaves us a number of possibilities:

    one of them being that entertainers who get their revenues from online would have to rely more on shear quantity of audiences to compensate for the little cost for the viewers to watch or listen to their works. a trend in the film and music artistic aspect we might expect art in the form of more like a popularity contest.

    we may also see a remergence of live performances as it costs less and less for filmmakers to make awesome shots that used to cost much more to make, what people may turn to is to “see the real thing.” I predict that this may happen if somehow the theatre is able to somehow incorporate modern technology into their performances, and I don’t just mean theatres, i mean live performances in general.

    actors and performers can take advantage of the free distribution of their works on youtube and the internet and other means, and use it to attract audiences to see their live performances, or at least use it as an advertisement to sell their products or performances, such as but not including t-shirts, souveniors, toys, live performances, autographs, etc etc… things i probably i can’t imagine.

  4. Shawn L. on

    in other words, the industry would have to focus on things that can’t be pirated, for example, you can’t pirate merchandice online, you can’t pirate home theater systems to view movies on, you can’t pirate the experience of seeing a live performance. You can convert those things to a source of revenue by relating those things to whatever media that you are selling online. The internet could really be taken advantage of.

  5. Oscilloscope : on

    home theater systems made by Bose are the best sounding stuffs that i ever tried”.-

  6. Petrol Leaf Blower : on

    i am always comedy and science fiction TV shows at home and at work “”

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