New Logic of Money and Power in Hollywood: The Clearinghouse Concept
A chapter from Edward Jay Epstein's book: The Big Picture. The New Logic of Money and Power in Hollywood describes the transformation of the studios, the dream factories that mass-produced and mass-distributed dozens of films a year, into monopolistic distributors and clearing banks, investing in selected big projects and splitting the revenues between themselves and privileged partners. The text introduces the reader to the business and power logic of Hollywood in the era of conglomerates, as well as to the contemporary jargon of the upper echelons of the professional community there.
Keywords: film studios, film production companies and studios, Hollywood, economics and film, film industry, monopolies, revenues, sociology of film, studio system
Published: June 1, 2010 Show citation
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