Michael Medved


Approaching the Academy Awards, Hollywood noted good news and bad news. The good news showed dramatic worldwide growth of movie revenues, soaring 8 percent to an all-time high of $32 billion. The bad news involved the disappointingly flat box-office receipts in North America—frozen below $11 billion. For the first time ever, two-thirds of income for major studios originated overseas, helping to explain the content of contemporary films.

In contrast to 50 years ago, when Hollywood money came overwhelmingly from American filmgoers, we see fewer patriotic projects or dramatizations of U.S. history. Even G.I. Joe, a traditional all-American hero, became an agent of a multinational agency in the new (and lousy) movie version. The growing importance of overseas fans plays into Hollywood’s tendency to present a skeptical, and sometimes even hostile, motion picture attitude toward the U.S.A..


Michael Medved

Michael Medved's daily syndicated radio talk show reaches one of the largest national audiences every weekday between 3 and 6 PM, Eastern Time. Michael Medved is the author of eleven books, including the bestsellers What Really Happened to the Class of '65?, Hollywood vs. America, Right Turns, The Ten Big Lies About America and 5 Big Lies About American Business
 
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