The Big Picture: Money and Power in Hollywood

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Random House Publishing Group, Jan 10, 2006 - Performing Arts - 416 pages
In this unprecedented, all-encompassing, and thoroughly entertaining account of the movie business, acclaimed writer Edward Jay Epstein reveals the real magic behind moviemaking: how the studios make their money.

Epstein shows that in Hollywood, the only art that matters is the art of the deal: Major films turn huge profits not from the movies themselves but through myriad other enterprises, from video-game spin-offs and soundtracks to fast-food tie-ins, and even theme-park rides. The studios may compete for stars and Oscars, but their corporate parents view wth one another in less glamorous markets such as cable, home video, and pay-TV.

Money, though, is only a small part of the Hollywood story; the social and political milieus–power, prestige, and status–tell the rest. Alongside its remarkable financial revelations and incisive profiles of the pioneers who helped build Hollywood, The Big Picture is filled with eye-opening insider stories. If you are interested in Hollywood today and the complex and fascinating way it has evolved in order to survive, you haven’ t seen the big picture until you’ve read The Big Picture.
 

Contents

The Two Hollywoods
3
The New System
25
The Creators
27
Americanizing the World
85
The Sexopoly
93
The Clearinghouse Concept
106
The Art of Deception the Deception of
127
Development Hell
129
The Television Windfall
219
License to Merchandise
225
The Learning Imperative
229
The Midas Formula
236
The Social Logic of Hollywood
243
Homo Ludens
245
The Communal Instinct
253
The New Elites
258

The Green Light
139
Preparing the Illusion
148
Lights Cameras Action
154
Bits and Pieces
163
Completing the Illusion
170
The Creation of Audiences
175
The Awareness Mission
177
The Drive
184
Day
187
The Economic Logic of Hollywood
193
The Popcorn Economy
195
Alien Territory
203
The DVD Revolution
209
Hollywood at Work and Play
290
The Culture of Deception
296
The Political Logic of Hollywood
311
The Pictures in Our Heads
313
The Rules of the Game
319
The World According to Hollywood
327
The Once and Future Hollywood
338
The Rise of the Tube Moguls
353
Notes
359
Acknowledgments
381
Index
383
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About the author (2006)

Edward Jay Epstein is author of a number of books, including Inquest: The Warren Commission, News from Nowhere: Television and the News, Establishment of Truth, Legend: Lee Harvey Oswald, and Dossier: The Secret History of Armand Hammer. He lives in New York City.

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