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New at Reason: Jesse Walker on the Health of Hollywood

Burn, Hollywood, burn.Heavily hyped films are fizzling. Online filesharing is cutting into box office receipts. Hollywood's reliance on sequels and remakes has gotten so intense that it's conventional wisdom to say the studios are out of ideas. But even if all that is true, Managing Editor Jesse Walker argues, the state of Hollywood should not be confused with the state of motion pictures. The last decade has seen movies breaking free of traditional Hollywood shackles and finding new creators, venues, and formats.

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