Show Business: Holiday Winners and Losers

A time for fun, diversion and a few tears

Escapist entertainment is what's doing the business—whatever gets your mind off the Ayatullah." In that brief capsule, Marvin Goldman, chairman of the National Association of Theater Owners, has summed up the mood of the country. During the Christmas and New Year's holidays, always the movies' biggest weeks, Americans went to the flicks primarily for one purpose: fun and diversion. Those films that offered some of both either did well, or even better. Those that did not quickly became the ghosts of Christmas present.

The biggest bomb was Steven Spielberg's World War II...

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