Tinseltown Turnabout.

MOTION picture industry; GREAT Depression, 1929-1939; MOTION picture studios; MOTION picture theaters; TWENTIETH century; HISTORY of the motion picture industry

The article reports on the state of the U.S. motion picture industry in 1948 which was negatively affected by legal troubles, technological change, and the Great Depression. Topics discussed include the significant role of movies in American life as a cultural phenomenon and a pillar of the economy, the relationship between studios and independent theater owners, and the competition between television and movies.