
Originally Posted by
Maurice
Daily Telegraph
by Amanda Andrews
Films with small budgets like THE KING'S SPEECH or BLACK SWAN have no long-term future at the cinema, according to Peter Guber, the producer of cult movies from BATMAN to RAIN MAN.
Mr. Guber, the chief executive of Mandalay Entertainment Group, said films like his latest Oscar-nominated piece THE KIDS ARE ALL RIGHT will eventually be released straight to video-on-demand (VOD) in the home, skipping out cinema release.
He said the large film studios, which face pressures such as piracy, need films which are "dead certs", that will work globally and become successful franchises with sequels.
He said there would be three audiences for movie releases of the future - those seeking large spectacles with costly visual effects, big stars and 3D, the VOD streaming market and films created specifically for the internet.