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They might also, according to some observers, be attending a state funeral -for the state of the art and the industry. Hollywood shows every sign of a town in crisis. The movie audience is shrinking as budgets soar toward the $40 million point and beyond. The average studio movie today...

Author: /time Magazine | Title: Cinema: The New Hollywood: Dead or Alive? | 3/30/1981 | See Source »

If the chairman of Hollywood's smartest studio does not have fun making deals, what are those visionary mavericks Coppola and Lucas doing playing the game -indeed, setting up their own studios? For one thing, it allows them to buy control of their films. With the profits from Star...

Author: /time Magazine | Title: Cinema: The New Hollywood: Dead or Alive? | 3/30/1981 | See Source »

"Lucas has a bank called Star Wars," notes Spielberg, 33. "Coppola doesn't have a bank-only courage and fortitude. Chutzpah too: his Zoetrope Studios is preparing more than a dozen challenging projects, despite the fact that Coppola nearly went bankrupt just a month ago. The minimogul, who drives...

Author: /time Magazine | Title: Cinema: The New Hollywood: Dead or Alive? | 3/30/1981 | See Source »

Already film makers are leaving Hollywood, at least geographically, to survive and thrive. George Lucas presides over a contingent of resourceful directors in the San Francisco area. And New York, which lost its production-center supremacy to California 65 years ago, is again nourishing film makers. Benton, Brian De Palma...

Author: /time Magazine | Title: Cinema: The New Hollywood: Dead or Alive? | 3/30/1981 | See Source »

The company's resident genius, Lucas Steiner (Heinz Bennent), is Jewish and has gone underground-literally. His actress-wife Marion (Catherine Deneuve) has fixed up a secret apartment for him beneath the theater's stage. Steiner listens to rehearsals and directs a new production by giving his notes...

Author: /time Magazine | Title: Cinema: Show People | 2/23/1981 | See Source »

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