I wasn't hanging around the movie theaters in New York where I grew up, a Manhattan brat.

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.

A green-light meeting is when the decision is made finally whether or not to make a given picture.

That's how you get surprises, because what movies are all about is surprises.

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.

It really hasn't been demonstrated at any level by any major corporation that it can nurture what is euphemistically called creativity.

Michael Eisner let it be known last week that he had no intention of leaving the entertainment business once he steps down as CEO of Disney in October.