It will be dead if we think it is dead
Look on the brighter side and forget the mainstream crap
There's the indie films raving awards outside the country - i strongly think we could pull something out of that
think of Maximo Oliveros and how it went on to be nominated in the Independent Spirit Awards alongside Half Nelson, Little Miss Sunshine, Thank You For Smoking, The Lives of Others and Pan's Labyrinth?
think of Kubrador and how both Jeffrey Jetturian and Gina Pareno won outside the country
think of Sigaw and how it is being filmed for Hollywood audience by the same director Yam Laranas and star Iza Calzado alongside Jesse Bradford
i think the industry per se is in a slump, but the talented filmmakers? I think they're just starting to crack out of their shells. money. this is the main issue