Word: hollywood
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Dates: during 1980-1989
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...tourists who sneak a glimpse of the moguls holding court in the Polo Lounge at the Beverly Hills Hotel, Hollywood's main products seem to be glamour and glitz. But the motion-picture business is a vital U.S. industry, one of America's strongest competitors against foreign economic rivals. Hollywood, despite its native excess and extravagance, will reap an estimated $8 billion from U.S. box-office and home-videocassette revenues this year. All told, the entertainment business ranks as the second largest net U.S. exporter, after the aerospace industry...
...primary reason that most foreign firms are so interested in a Hollywood presence is that they want popular American programming for their booming TV stations, cable companies, movie theaters and videocassette ventures. "American entertainment is still viewed as the pre-eminent source of programming in terms of production values and creativity," says Jeffrey Logsdon, director of institutional research for the investment firm Crowell, Weedon & Co. The U.S. posted net exports last year of $2.5 billion in movies, home videos and pay-per-view cable TV, an increase of 32% from the year before...
...days with a doggedness that would have done the Evangelists proud, was a turgid read that had little feeling for its subject and found no broad meaning in it. At least adapter Earl Mac Rauch (The Adventures of Buckaroo Banzai) knows that the only way to pin Belushi and Hollywood is to wax satiric and surrealistic. When the dead Belushi prowls his old haunts in a morgue sheet that looks like a toga out of the Animal House closet, the film almost has style to match its guts. So does Chiklis' boldly percussive performance. But Wired's take on Belushi...
...father taught him to do his homework, then "trust your gut." Sometimes the big man means it literally. When Davis spotted a good investment in the Carnegie Deli, the venerable Manhattan restaurant featured in Woody Allen's Broadway Danny Rose, the financier struck a deal to open a Hollywood branch. The glitzy grand-opening party last month featured a 3-ft. plastic matzo ball being lowered into a vat of simulated chicken soup. Best of all, Davis can now order his favorite pastrami sandwiches at poolside...
...Creature from the Black Lagoon (this in 3-D) or Twenty Thousand Leagues Under the Sea. Movies are free after patrons pay a $14.95 general-admission fee, $9.50 after 5 p.m. "This is the prototypical Southern California experience," says park spokesman Stan Friedman. "It combines the beach, swimming and Hollywood all in one place...