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DRUDGE REPORT FLASH 2005�


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HOLLYWOOD SLUMP BLAMED ON DULL MOVIES
Tue Aug 23 2005 17:23:50 ET

With the last of the summer blockbusters fading from the multiplex, Hollywood's box office slump has hardened into a reality that is setting the movie industry on edge, Sharon Waxman claims in a new dispatch set for coming editions of the NEW YORK TIMES.

Multiples theories for the decline abound: A failure of studio marketing, the rising price of gas, the lure of alternate entertainment, even the prevalence of commercials and pesky cell phones inside once-sacrosanct theaters.

But many movie executives and industry experts are beginning to conclude that something more fundamental is at work: Hollywood movies, they say, have lost their edge.

Developing...




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