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The Economics of Hollywood

Ones and Tooze

CHAPTER

The Cultural Deterioration of Hollywood

Hollywood has changed a lot since the 1980s. The studios used to have more control over what films were shown in cinemas. Now they are all controlled by one company and can only make so much money from each film. This means that there is no real diversity of products on offer, just familiar names like Tom Hanks or Daniel Day-Lewis. It's almost tragic because we're faced with this huge blizzard of potential options for people who don't want to be wagering their life savings on anything else. But at the same time it also allows us to see some great new things such as Quentin Tarantino’s ‘ Django Unchained’ - which I

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