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Film industry will 'implode,' Lucas, Spielberg claim

George Lucas predicts the industry will adopt a Broadway model, where movies run in theaters longer and cost more. (Source: CNN) George Lucas predicts the industry will adopt a Broadway model, where movies run in theaters longer and cost more. (Source: CNN)

(CNN) - Movie titans George Lucas and Steven Spielberg predict the film industry will implode.

Their comments came Wednesday at a forum on the future of entertainment at the University of Southern California.

Lucas, the creator of the Star Wars saga, says Hollywood would adopt a Broadway model, in which movies would stay in theaters much longer and command higher prices.

Spielberg added, the implosion will likely happen after half-a-dozen or so blockbusters flop, and the industry will re-evaluate itself.

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