There are conflicting reports on how much Transformers 4 made its opening weekend.

But why is it so important to the industry?

Harrowing words from a filmmaker who knows the blockbuster business better than almost anyone.

)and there is a shiver of Spielbergian prophecy running down their accountants spines.

Indeed, it could even appear like Paramount is whistling past the graveyard.

Way behind summer juggernautsThe AvengersandThe Dark Knight Rises.

But none of them are wowing at the U.S. box office either.

The film this is most apparent with isThe Amazing Spider-Man 2.

Both movies were expensive with the second being lavishly so.

The Steven Spielberg prophecy has nowhere near come to pass.

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