Legendary director Francis Ford Coppola has a grim prognosis for the movie industry. He claims the studios are under great financial distress and some will cease to exist. Coppola says that the competition for audience from alternate means of entertainment will mean that world cinema may have to morph into completely different forms, combining with live entertainment in order to keep the audience interested. He says movie studios will continue to veer away from edgy movies in favor of producing overblown blockbusters. He also says that, despite his reputation, he had to finance his latest film himself. For more
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