Though gay lifestyles have certainly moved into the open, there's little evidence that society has become more open in its basic attitudes or that entertainers should feel cozy in emerging from the velvet underground.

Historically, filmmakers always fall in love with every frame, but now that even neophytes are given final cut, this love affair carries with it serious economic implications.

Most movie-goers are overdosing on star coverage; it's the ultimate example of too much information.

It's only in relatively recent years that Hollywood became the playground of multinational corporations which regard movies and TV shows as a minor irritant to their overall activity.

Though gay lifestyles have certainly moved into the open, there's little evidence that society has become more open in its basic attitudes or that entertainers should feel cozy in emerging from the velvet underground.

Analyses of the movie marketplace points to an interesting phenomenon: High-profile movies are continuing to do well year-to-year in the U.S. and overseas - this past summer, for example, the top 10 movies registered at the same level as in '04.

Substantially fewer films will be produced over the next year or two. And a significant portion of the production costs of the reduced slate will be borne by hedge funds and other investment groups.