At a panel at the USC School of Cinematic Arts, Steven Spielberg and George Lucas agreed that high competition between studios with mega-budget movies is unsustainable, and claimed that movies will eventually play in a manner similar to Broadway shows — for years at a time and at expensive ticket prices. VOD will be the new movie theatre, and that's going to change the kind of films being made. They had some thoughts on the future of interactive gaming too: "The next step is being able to control your dreams," said Lucas. Both Spielberg and Lucas had difficulty getting their pictures to play in theatres this last year. Read more from the panel here.

This Is the End opened in select theatres Tuesday night to a solid $2.2 million. The comedy stars James Franco, Jonah Hill, Danny McBride, Jay Baruchel, Craig Robinson, Michael Cera, and Emma Watson, who play themselves. They are attending a party at James Franco's house when the apocalypse hits. Helmed by funnymen Evan Goldberg and Seth Rogen making their directorial debuts, the film opened nationwide yesterday and is hoping to rake in $30 million over the course of a five-day opening. Read more about this weekend's anticipated box office here.

Scholarships awarded in the memory of movie legends are helping aspiring artists and writers find their footing in Hollywood and beyond. Film critic and legend Roger Ebert passed away this spring, and in his honor, the Sundance Institute recently established the Roger Ebert Scholarship for Film Criticism. The award will allow six to eight young critics attend the 2014 Sundance Film Festival as part of the Indiewire Critics Academy. And the 2013 Heath Ledger Scholarship Award was recently awarded to James ...

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