Jeffrey Katzenberg Trashes This Year's Crop of Movies

6:16 PM PST 07/20/2011 by THR staff
Matthew Staver/Bloomberg/Getty Images

'They suck,' the Dreamworks Animation CEO tells Fortune Tech of 2011's movies.

One person not flocking to catch the films playing on the big screen this summer? Jeffrey Katzenberg

In a revealing interview with Fortune, the Dreamworks Animation CEO discusses his thoughts on the state of today's movie industry. And, he sure didn't sugarcoat them.

"They suck," Katzenberg said when discussing this year's crop of films.  "It's unbelievable how bad movies have been, right?"  

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And he didn't stop there. The movie man even asked for audience participation to validate his complaints, saying, "Let me have a show of hands of people that would say the last seven or eight months of movies is the worst lineup of movies you've experienced in the last five years of your life."

It wasn't just the film biz as a whole that he slammed. Katzenberg specifically targeted the 3D movie industry, saying, "for sure the bloom is off the rose for a moment in time, driven by a singular and unique characteristic that only exists in Hollywood, greed."

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The CEO went on to say that the luke-warm reception to 3D is the fault of "people who thought that they could capitalize on what was a great, genuine excitement by movie goers for a new premium experience, and thought they could just deliver a kind of low-end crappy version of it, and people wouldn't care, or wouldn't know the difference."  

But, there is one area of the entertainment industry he is enjoying. "You look at the TV business today, cable business in particular, it's on fire."

Katzenberg's favorite show? "I think maybe the best show on TV today is Breaking Bad. ...it's just phenomenal writing, it's interesting storytelling, and it's quirky, and unique, and that's what's exciting about it.'

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