Francis Ford Coppola recently premiered his passion project Megalopolis at the Cannes Film Festival, and during a press conference after the screening, the filmmaker talked about the state of the studio system and slammed it.
When asked to comment on the state of the film industry and whether his movie’s best place is on streaming, the director said: “Streaming is what we use to call home video.”
Coppola then added that he hopes his dystopian epic finds a home in “large theater with 600 to 700 people.” At this point, he went on to take shots at the studio system.
He said: “I fear that the film industry has become more of a matter of people being hired to meet their debt obligations because the studios are in great, great debt. And the job is not so much to make good movies, the job is to make sure they pay their debt obligations.”
He went on to say that the studios may eventually go extinct: “Obviously, new companies like Amazon and Apple and Microsoft, they have plenty of money, so it might be that the studios we knew for so long, some wonderful ones, are not to be here in the future anymore.”
The studio system is definitely stuck in a rut as they mostly continue to rehash the same stuff over and over again with sequels and reboots. There is very little originality being backed by Hollywood these days.
The sad truth is, AI might as well be running and writing everything because that’s what the studio system has become. Real creativity is not being fostered in the studio system.
Source: Deadline
