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Old June 14 2013, 07:00 AM   #13
CelticViking
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Re: Spielberg Predicts 'Implosion' of Film Industry

One of the big changes in recent years was the borrowing of monies to fund movies from banks/creditors at very high interest rates, thereby leading to shorter post production times to make sure the money was rolling in before the interest rates get punitive.

This has all but killed practical effects in favour of computer generated ones.

http://www.youtube.com/watch?v=nY_63Dlj83g

This is a tremendously enlightening interview on this very subject.
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