Big Wednesday
Raised in Southern California, Milius made "Big Wednesday" as an homage to the time he spent in Malibu during his youth. Milius and his friends George Lucas and Steven Spielberg famously agreed to exchange a percentage point of "Big Wednesday", "Star Wars" and "Close Encounters of the Third Kind" prior to the release of the three films throughout 1977-1978. Spielberg in particular was certain that "Big Wednesday" was going to be a box office hit, opining it was like ""American Graffiti" meets "Jaws"", two of the decade's most successful films.