Beset by megabudgets and minimoguls, the movie industry suffers a crisis of conscience
Next Monday is Oscar night, when Hollywood's elite will tux and tart themselves up, like 3,000 extras in some impossibly opulent '30s costume drama, for the movie industry's spring ritual of self-congratulation. In the packed Los Angeles Music Center they will hear a former B-movie swain and Screen Actors Guild president named Ronald Reagan deliver an address on the theme "Film Is Forever." They will bestow Academy Awards on their most envied colleagues. They will snicker as professional actors...
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