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...during a recession, cheap entertainment remains popular. Take Hollywood: While stories of soaring attendance during the Great Depression are probably false, movie attendance did increase in five of the last seven recessions. The explanation is simple: Movies provide a dose of high-quality entertainment, which is more in demand during a recession not only because people have more free time but because they have a greater need for escape from their problems. More importantly, movies are a pretty cheap way to spend an evening, and they appeal to a consumer who faces economic uncertainty...

Author: By Adam R. Gold | Title: No Recession in this Castle | 12/14/2008 | See Source »

...Video games aren’t completely recession-proof. The North American market almost collapsed due to oversaturation after 1983. But the industry is certainly in a much better position than Hollywood, which faces a unique problem in this recession because it has become far too easy to get access to content for free online. Fewer people will continue to pay for cable when they can watch TV shows online for free, which has become widely available legally. With games, illegal downloading is a non-issue, since most titles are far too complex to stream...

Author: By Adam R. Gold | Title: No Recession in this Castle | 12/14/2008 | See Source »

...stuff of movies: a dead fish and a rose on a car windshield, a safe full of money and explosives, a room full of wiretapping equipment. The 2002 arrest of Anthony Pellicano, former private eye to the stars, kicked off one of Hollywood's most dramatic scandals. On Dec. 15, a federal judge sentenced Pellicano to fifteen years in prison after a May trial in which he was found guilty on 78 counts, including wiretapping and racketeering. He's been in jail since 2003 on federal explosives charges. Only in Hollywood, kids...

Author: /time Magazine | Title: Anthony Pellicano | 12/14/2008 | See Source »

...came up with stuff that other people didn't. He did that over and over again. He was just better." - Bert Fields, top Hollywood lawyer, several of whose clients had employed Pellicano, on the investigator's mysterious but effective methods (The New Yorker, July...

Author: /time Magazine | Title: Anthony Pellicano | 12/14/2008 | See Source »

...Ebert wrote this in 1969, in a review of the flop Hollywood bio-pic Che!, with the not-very-Latin Omar Sharif as Guevara. Yet most of Ebert's denunciations apply to Soderbergh's movie, which dispenses with the exclamation point - and with almost all of the compelling, sometimes contradictory drama in Che Guevara's life...

Author: /time Magazine | Title: Guerrilla in the Mist: Soderbergh's Che | 12/13/2008 | See Source »

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