Tuesday, Dec. 07, 1999

Hollywood Oscars

Week of Mar. 30, 1981
At the 1981 Hollywood Oscars, some insiders are moaning that "movies are on their way out." Industry executives blame young, spendthrift directors who hurt profits. But TIME movie critic Richard Corliss predicts these young lions — Lucas, Spielberg, Landis, Coppola and Scorsese — will lead Hollywood out of its doldrums.