Tag Archives: Tentpoles

What Do Tentpoles & Carpetbaggers Have in Common?

8 Aug

We thought it would be interesting to conclude our Film Industry Implosion series on LIH, with George Clooney ‘s recent statement about the difficulties of getting Oscar winning films like Argo made today.  Clooney stated the reason is due to studios being pressured by hedge fund investors like Daniel Loeb to only make tent-poles films in-order to manipulate the market for their own interest. He went as far as to call him a carpetbagger.  In this article we will discuss how tent-pole movies became the preferred choice for movie studios and investors and what does this say about our cultural future?

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