Movies do not escape bad times
When the mud starts sliding in Malibu or the smog hides the tops of the palm trees in Beverly Hills, movie executives console themselves with at least one thought: in bad times people will still go to the movies. It is one of the fondest myths in an industry that deals in myths, and everyone remembers Mom and Dad standing in line at the Bijou during the Depression. How much truth is there to that comforting accepted wisdom? None at all, according to a San Francisco financial analyst. When...
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