Is Hollywood’s glut of big-budget blockbusters doomed to failure?
This summer has been pretty brutal for huge-budget movies. Lone Ranger, Pacific Rim, R.I.P.D., After Earth and White House Down all fizzled in the United States, while several other movies underperformed. Steven Spielberg has predicted an “implosion” of the movie business — could it be coming sooner than you expect? As recently as 2000, it…