RTF305-13_Mar4_Film History 2_BBoutline

RTF305-13_Mar4_Film History 2_BBoutline - New Hollywood/New...

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New Hollywood/New Millennium
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The keys to Hollywood’s long-term, postwar survival adapt to television series production syndication of feature films finance and distribute ‘independent’ films produce fewer, bigger films of their own increasing reliance on spectacle intensifying ‘blockbuster syndrome’
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Rise of the ‘New Hollywood’ sparked in the late 1970s by: Jaws, Star Wars => a new breed of blockbuster films cable television (and pay-cable movie channels) the VCR (birth of ‘home video’)
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Into the 1980s ‘blockbuster syndrome’ coalesces Spielberg & Lucas: the new auteurs ancillary markets (home-video, cable) rapidly expand crucial Reagan-era developments ‘free market’ economic policies media de-regulation (FCC) escalation of the Cold War
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The Rise of Conglomerate Hollywood in the 1990s deregulation goes into high gear waves of media mergers consolidation of film-TV industries studios annex the ‘indie film’ market end of the Cold War => globalization the ‘digital revolution’ (CGI, DVD)
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New Millennium => new era? Since 1999-2000: conglomerate control of US media integration of US film and TV surging global media markets digital media and entertainment new breed of blockbuster franchises Hollywood swallows Indiewood
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The New Powers That Be NewsCorp Time Warner Viacom-CBS Disney NBC Universal (GE) Sony
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By 2003, the “Big Six” global media conglomerates owned: all of the major movie studios
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