As quoted in the Independent while talking about his new film Dog Eat Dog, Paul Schrader asserts:

“Don’t confuse the multiplexes with cinema. The multiplexes have run their course. That’s a 20th century phenomenon that has gone. But there is still obviously a lot of audio-visual entertainment – there’s a tsunami of product. You can’t really say cinema is dead. If anything, it is bloated and overpopulated at the moment. Cinema had a magical deal with capitalism for 100 years. If you’ll pay to see it, we’ll make it for you. Movies are now like painting, literature or music. What percentage of musicians make a living? Three or four per cent? We are now getting to that point where only maybe five per cent of filmmakers make a living.”

He continues:

“The reason I am doing press and going to festivals is to be number one VOD on our opening VOD weekend. If you can be the top VOD film at the (opening) weekend, then you make money. That’s where the economics of a film like Dog Eat Dog lie right now. You’re never going to make money theatrically.”

My take: It’s rather sobering to hear this from Paul Schrader, the man who wrote some of Martin Scorsese‘s best films, including Taxi Diver and Raging Bull. But it’s hard to argue with him that clicking on the top of a VOD queue hasn’t replaced queuing in line under a cinema marquee.