By Edward Jay Epstein
Throughout the heyday of the studio procedure spanning the Nineteen Thirties, ‘40s, and ‘50s, almost all of the American movie industry’s cash, strength, and status got here from a unmarried task: promoting tickets on the field place of work. this present day, the motion picture company is simply a small, hugely obvious outpost in a media universe managed via six corporations–Sony, Time Warner, NBC common, Viacom, Disney, and NewsCorporation. those conglomerates view movies as a part of a big, synergistic, vertically built-in money-making undefined.
In The huge Picture, acclaimed author Edward Jay Epstein provides an unheard of, sweeping, and carefully enjoyable account of the true magic at the back of moviemaking: how the studios make their funds. Epstein indicates how, in Hollywood, the one paintings that issues is the artwork of the deal: significant motion pictures flip large earnings, no longer from the flicks themselves yet via myriad different organizations, comparable to video-game spin-offs, fast-food tie-ins, soundtracks, or even theme-park rides.
The studios could compete with each other for stars, exposure, box-office
receipts, and Oscars; their company mom and dad, notwithstanding, make fortunes
from cooperation (and collusion) with each other in much less glamorous markets, reminiscent of cable, domestic video, and pay-TV.
But funds is barely a part of the Hollywood tale; the social and political milieus–power, status, and status–tell the remaining. along amazing monetary revelations, the large photograph is stuffed with eye-opening real Hollywood insider tales. We learn the way the promise of loose cowboy boots for a manufacturer not on time a big movie’s capturing agenda; why stars by no means practice their very own stunts, regardless of what the grocery store tabloids declare; how videos deliberately form political sensibilities, either in the US and overseas; and why fifteen-year-olds dictate the type of low-grade fare that has flooded monitors around the nation.
Epstein additionally bargains incisive profiles of the pioneers, together with Louis B. Mayer, who helped construct Hollywood, and introduces us to the visionaries–Walt Disney, Akio Morita, Rupert Murdoch, Steve Ross, Sumner Redstone, David Sarnoff–power agents who, by means of dint of innovation and deception, created and regulate the media that mould our lives. when you are attracted to Hollywood this present day and the complicated and engaging means it has developed so that it will live to tell the tale, you haven’t noticeable the large photo until eventually you’ve learn The tremendous Picture.
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Additional info for The Big Picture: The New Logic of Money and Power in Hollywood
That may finish the studio approach. although Redstone didn't paintings at the case, he had an curiosity in its consequence. not just had his family’s chain of theaters grown, yet he was once nonetheless nursing his personal dream of sometime possessing a Hollywood studio. while he lower back to Boston in 1954, Redstone took over the stewardship of the kin corporation, the Northeast Theater company. He was firm to extend the relatives conserving corporation, which he renamed nationwide Amusements company, and he all started using round the US searching for websites. He took with him, he later recalled, stacks of “blank contracts” so he may perhaps purchase any promising estate instantly. “Whatever money circulation nationwide Amusements had we used for expansion,” he notes in his autobiography. inspite of its armada of a few fifty drive-in theaters through 1958, nationwide Amusements couldn't evaluate in measurement with the foremost chains of indoor theaters, like Loews, which had hundreds of thousands of monitors. because the studios favorite those greater chains through giving them their most appropriate videos, nationwide Amusements’ drive-ins have been frequently not able to get the first-run video clips they had to allure huge audiences. So Redstone, whose tenure on the Justice division had taught him how one can wave the antitrust flag, determined to call for that the studios supply his drive-ins their motion pictures even as that they performed in other places. once they refused his request, he filed swimsuit opposed to them all—Paramount, Warner Bros. , Columbia images, 20th Century–Fox, and common. He knew that he was once taking a grave hazard, for the reason that those studios have been his major providers, yet he was once convinced that the legislations used to be on his facet. The studios, in the end, had agreed to not discriminate opposed to theaters within the consent decree that they had signed within the past due Forties. the matter was once consent decree can't be enforced in court docket through a personal get together; it will possibly in simple terms be enforced by way of the govt.. Redstone, although, discovered a manner round this issue: conspiracy legislation. He alleged that the studios have been performing in a extensive conspiracy to avoid the decree. Redstone introduced the case to trial in Virginia, the place one in every of his drive-ins have been denied a first-run movie. He observed himself, as he might in later encounters, as David scuffling with Goliaths. yet he had, as he might later entitle his autobiography, “a ardour to win,” and he prevailed. He additionally so inspired the autonomous theater vendors together with his grit that they elected him president of the nationwide organization of Theater vendors. the truth that Redstone had pointed out the Hollywood studios as conspirators didn't prevent him from later trying to purchase one. Coming to the realization within the overdue Nineteen Seventies that there has been little destiny within the theater enterprise, he invested in studios: 20th Century–Fox (buying approximately five percentage of its stocks) and Columbia photographs (buying 10 percent). He had the belief of almost certainly making a proposal for a controlling curiosity of 1 of them as soon as he had the capital, yet meanwhile Fox was once taken over through the oilman Marvin Davis and Columbia was once taken over by way of Coca-Cola.