This week’s chapter focused on the Studio years in Hollywood during the 1930s. One specific section that I thought would be helpful to my topic, was the section the discussed Hollywood: The Triumph of the Studio System. This section will help me elaborate more on my second horror film The Mummy and how it was filmed in 1932 by Universal. This section discusses in depth the 1930s and how the Great Depression affected the film industry.
Hollywood: The Triumph of the Studio System Throughout the 1920s, tremendous growth and prosperity was seen in the American motion picture industry and movie-going became the nations and much of the world’s preferred form of entertainment. Following the industry’s conversion to sound films in 1927-28, the so-called “talkie boom” became popular. The talkie boom was so strong, even in the wake of Wall’s street’s momentous collapse in October 1929. The American movie industry enjoyed its best year ever in 1930 as theater admissions, gross revenues, and studio profits reached record levels. The Depression caught up with the movie industry in 1931. Its delayed impact was devastating between 1930 and 1933. Theatre admissions fell tremendously from 90 million per week to only 60 million, gross industry revenues fell from $730 million to about $480 million and combined …show more content…
Hollywood’s classical era could not have occurred without the financial support of Wall Street and the government’s economic recovery programs. New York financiers and banking firms had been involved with the movie industry since the early 1920s, particularly in the studio's theater chain expansion and conversion to sound. Wall Street’s involved increased in the 1930s as various firms engineered and financed the reorganization of foundering studios and became more directly involved in their management and operations as