A NEW ERA IN HOLLYWOOD
The old way of doing business in Hollywood is broken and global markets are evolving.
August 8, 1978. (Photo by Ken Papaleo/Courtesy Los Angeles Public Library Photo Collection)
Since the evolution to digital filmmaking, more independent films are being made, they don't always reflect the best talent or audience demand. Too many promising projects languish for the wrong reasons.Of the films that raise money, most never reach their target audience or earn a return on investment.