Although this was a summer stacked with big budget movies, some studios saw better profit margins with smaller, less expensive properties.

A perfect example being the Summit Entertainment sleeper hit “Now You See Me.” The magician heist flick starring Jesse Eisenberg, Isla Fisher, Dave Franco, Mark Ruffalo and Woody Harrelson is set to get a sequel next year.

“Now You See Me” made $115.6 mil at the domestic box office since it’s Memorial Day Weekend opening, and $119.3 mil overseas. And that’s before the movie’s scheduled release in Japan, Australia, and China. When all is said and done the movie is expected to bring in a total of $275 mil, worldwide.

For a $75 million dollar production budget, that’s a pretty good profit margin.

With pricey films like “The Lone Ranger,” “Pacific Rim,” and “White House Down” failing to bring in the big bucks this summer, should the success of smaller budget movies like “Now You See Me” serve Hollywood a wake-up call? According to “Elysium” star Matt Damon, yes.

In a recent interview published in The Boston Globe, Damon spoke out about his worries about the future of filmmaking, saying, “A lot of these movies nowadays are getting made, for these $250 million budgets, with first-time directors, because the studio wants to be able to control the director…but they’re just doing themselves a disservice,” Damon explained. “My bigger fear about Hollywood, and the direction it’s taking, is those movies (referencing Coppola’s “Godfather” films, Alan J. Pakula’s “Klute” and “All the President’s Men”)  aren’t getting made now, and it’s hard for them to get made.”

Inspired by this interview, I set out to the red carpet for the premiere of “Elysium” in hopes of asking Matt Damon about where he envisions the future of filmmaking.

The answer still remains a mystery, but the following is my account of the experience.