Press: Trades Blow No Ill Winds

Hollywood's Variety and Reporter serve a company town

The multitudinous winners made Sunday night's endless Emmy Awards show even longer by thanking everyone except passersby. But they omitted gratitude to two raffish institutions that have boosted nearly every career in Tinseltown: the entertainment industry's West Coast-based daily newspapers, Daily Variety and the Hollywood Reporter. Vaunting oneself in "the trades"* is second nature throughout Hollywood. Says one major studio executive: "Ours is a business of hype." Scarcely a day goes by without an ad, a story or a skillfully planted gossip item about an...

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