Well, now Spielberg has seemingly changed his tune (presumably composed by John Williams) since it was just announced that Spielberg’s company, Amblin Entertainment, has struck a deal with Netflix to produce “multiple films a year” for the streamer. But this isn’t the first time the legendary director has fought advances in movie distribution technology, only to eventually capitulate.
In 1988, six years after its release, E.T. the Extra-Terrestrial was still the highest-grossing movie of all time. And despite the fact that the home video boom was in full swing, E.T. wasn’t available on VHS or even Betamax, for that matter. Why? Well, because its director was against the idea. Despite his objections, according to Spielberg, there was a “war” of pressure mounting for him to release the movie on cassette. It could be that Spielberg was, like with Netflix, concerned about preserving the sanctity of the cinematic experience, not to mention avoiding pirating.
Then again, it could just have been that Spielberg was still intent on making more dough by re-releasing the film theatrically. In addition to the ’82 run, Universal had brought E.T. back in 1985, and it was considered “a major summer release” since the film wasn’t on video, nor did it play on cable, making its return a “can’t miss proposition.” The re-release made over $40 million at the box office in 1985 and ranked 17th in the year overall; not bad for a three-year-old movie.
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