Yet another article on bloated Hollywood

Steven Spielberg Hollywood imploding: How he predicted a disastrous summer at the box office. - Slate Magazine

A balance article here that puts a bit of perspective on the current failed big budget movies of this American summer:

In an interview with New York magazine critic David Edelstein, producer Lynda Obst also pins the current trend toward gigantism on the increased importance of the foreign market, coupled with a collapse in DVD sales, which once provided a safety net for midrange pictures that didn't pan out. Obst's new book Sleepless in Hollywood features a list of movies she's certain wouldn't get made today, including such Oscar winners as Moonstruck and Forrest Gump.

‪It’s not the first time Hollywood has succumbed to the allure of bloat. Film historian David Bordwell points to the expensive musicals that followed in the wake of The Sound of Music. “The industry had pinned its hopes on films like Dr. Dolittle, Thoroughly Modern Millie, Star!, and Darling Lili,” Bordwell emails. “They were the ‘tent-poles’ of their time, and they mostly failed. There were also the super-sized comedy spoofs like It’s a Mad, Mad, Mad, Mad World, The Great Race, and A Funny Thing Happened on the Way to the Forum, all of which remind me a bit of The Lone Ranger’s elephantiasis.” Still, Bordwell adds, “the flopolas here weren’t happening in such a compressed time span, as we’re finding this summer.”

 Update:  by the way, both Moonstruck and Forrest Gump were fantastically over-rated films, in my opinion. It's unfortunate that they are given as examples of films not being made now.