That Hollywood was not obliterated by the earthquake was almost the only thing that cinema producers had to be thankful for last week. By last fortnight, overexpansion and Depression had brought the $2,000,000,000 cinema industry, which supplies entertainment to 75,000,000 people a week in 20,000 U. S. theatres, so close to ruin that producers had begun to feel sure nothing more could happen to them. They had failed to anticipate something which was almost as disastrous to the entertainment business, dependent solely upon ready cash, as the earthquake might have been. The...
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