It’s pretty grim reading.
Modern cinema icons like Spike Lee, David Lynch, John Waters and more can’t get movies made. As detailed in this somber article from Flavorwire.com, there is no such thing as a mid-budget film any more.
If you think you are going to get into this business and have a career like you imagined your cinema heroes had, you are wrong. Simple as that.
Am I saying don’t try? No. But be aware of the situation out there. And make the most amazing, incredible films you can for the money you can find. Films that appeal to the masses, or a big enough mass, that will get you noticed by studio, press and audience alike.
But it’s going to be tough. For the foreseeable future.