Can This Man Save The Movies? (Again?)

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So what can lure us to a movie theater? One thought: better movies! But by better, most directors mean "more sophisticated technically." Because with Star Wars in 1977, Lucas spurred another revolution: the triumph of the special-effecty, kid-friendly fantasy blockbuster. With space-age technique and retro, '40s-serial content, the film made so much money, it seduced the studios and fired the imaginations of directors. "The great thing about computerized effects," says Spielberg, "is that now we can do anything our imaginations tell us." Absolutely--if your imagination runs to dinosaurs and space aliens. And no question, those critters sell tickets. All five of last year's top worldwide grossers were fantasies, and all but one (The Chronicles of Narnia) a sequel or a remake.

In the brave new digital world, form is defining content. Because the toys are so cool, directors make movies to exploit their technical possibilities. That's why James Cameron, after doing Titanic, the all-time top grosser, stopped making feature films to shoot underwater documentaries with his favorite new toy, the 3-D camera. Going back to his old camera, he told ComingSoon.net "just seemed like going back from a car to a bicycle." Battle Angel, his first feature since 1997, will be shown in 3-D. (And yes, with the funny glasses.) Lucas is planning to release all six Star Wars episodes in 3-D as well.

That's one future of movies--IMAX-size extravaganzas you can see only in a movie house. It's a throwback to the Cinerama and CinemaScope the studios used against the first home-viewing medium, TV.

But Shyamalan has an even more radical--or counterrevolutionary--idea. "Let's say you can see any movie you want anytime. You can see it on a phone in the toilet when it opens," he says. "Well, somebody like me is going to go to somebody like Warner Bros. and say, 'I want to make a movie but only for the movie theaters. How much money will you give me to make a movie like that?' And they'll do the math and say, 'We'll give you $20 million.' And someone like me is going to say, 'O.K., I'm in.' Well, one of these someones is going to be successful at it. And people will go see it and fall in love with it and tell everybody, 'Hey, did you see that movie? It's only playing in the movie theaters!' And it's going to be magic."